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One could think with 45.2 million warrants issued at exercise price 25 cents that Calm Waters Dick Strong had a motivation to keep price down for warrant pricing, as they knew further financing required. When are these morons going to let it go is the question instead of holding the company to ransom suppressing share price continually getting cheap shares issued at the expense of everyone else diluting. Management are treating us with disdain I believe.
When is the share price actually going to go up and stay up KA? since you are the insider guru here?
I can't understand it either the excuses for the disgraceful share price and management's lack of follow through with getting new buying interest and addressing the stock manipulation that was discussed in the previous Quarterly call. Any increase in stock price has not been held. It has been all talk and no action we are sitting near all time lows in valuation and stock price. Action speaks louder than words and it has been all talk so far.
Thanks Yerboss lets hope for some positive reflection in the share price of all these efforts from Dan soon.
The question Yerboss is when will Dan get serious about addressing this issue of shorting and manipulation? Leaving market forces to take place is clearly not working. We don't all want to be old and grey by the time this actually has a proper share price and valuation which actually sustains itself, as opposed to the constant dumping and manipulation/shorting. How long do we have to wait 1 year, 2 years, 5 years?
Stock price is a disgrace and management's lack of care for the stock price is a disgrace. All time lows in market capitalization and stock price is something that needs to be addressed by MANAGEMENT. Releasing Qtr after Qtr of news with no promotion to get new serious long term investors on board will not allow the stock price to get the proper market valuation reflection of fundamentals especially on the otc. Alright thinking big board but newsflash we are not on the big board but the otc.
Management giving shareholders the silent treatment whilst the share price is manipulated to all time lows...it is not a good look. So far they have not delivered on their word regarding roadshow and addressing share price. Would be very happy to be proven wrong.
Stock Price is a Key Performance Indicator (KPI) for management from a shareholders perspective and to ignore this is stupidity. I am not disagreeing turnarounds take time but the recent progress and current financials do not reflect at all the current market capitalization and it is management's responsibility to be proactive in the PR/IR of the company. They should be booking in TV appearances, conducting roadshows and getting interest from new investors. On this front I have seen no movement at all and the fact is Brent was much more proactive by going on Bloomberg etc and the stock price reflected this pro-activeness even when fundamentals of the company were not so good back then. I am not here to make friends only money, and time is money. So don't bother responding with personal attacks, advising me to sell if not happy, be patient etc. spare me this BS.
Well that dispels any doubt about impact of FDA regulations for our US products FIN is produced to FDA standards so if anything should be good news not negative. There is absolutely no reason why we should be trading any where near this obscene market cap only that Management needs to address manipulation by doing roadshows getting new buy interest from institutions etc. through PR/IR, Roadshows etc
Wacky British Idea: Why Not Tell The Truth About E-Cigarettes?
http://www.forbes.com/sites/jacobsullum/2015/08/27/wacky-british-idea-why-not-tell-the-truth-about-e-cigarettes/
http://www.bbc.com/news/health-33978603
The FDA Regulation being reviewed in the next 90 days is the nice to have basket for clarity on how this will this impact FIN brand in the US. The growth engine of ECIG though is the VIP brand which is UK based and has nothing to do with FDA in the USA and is where all the growth is and revenues are for ECIG. All I can see is that we are expanding at a rapid rate in the UK and Europe where the public appear to be more aware when it comes to ECIG usage compared to the US through reports like the public health England study stating 95% less harmful then regular cigarettes and so on.
ECIG is really more a European company operationally speaking being listed in the USA. It is up to Dan and the team to educate the investment community in the USA about where the company sells their products and where they are expanding so there is no misconceptions with all the USA FDA regulations and misinformation regarding ECIGs there. It would be nice if they took a more proactive approach in this area over the next couple of weeks before the year ends. All IMHO do your own dd.
Ask them when does Dan and Phil intend on getting the investment community interested and aware about ECIG? IR/PR, roadshows, TV appearance etc...
Stating the facts of a poor share price and market cap valuation is not being negative, but just stating the reality currently. I am not disagreeing that what Dan and Phil have done operationally speaking is nothing short of amazing and should be commended for their hard work and efforts. It seems you are missing the point so will not enter into any further conversation with you on this topic good luck with your investments.
You must have not been a shareholder prior to the R/S - 15 to 1 or anywhere after it as the price was trading above $2 dollars per share so how you can say this has been a stellar performer in share price terms is a joke to many long term holders here.
Market Valuation - I am a very patient person, however as a shareholder I believe it is the responsibility of management to obtain an appropriate market valuation for the company through market awareness PR/IR. Simply focusing on operations is not going to cut it especially on the OTC market and the other aspect can not be ignored. On this count so far Brent was much more proactive on this front with Bloomberg TV appearances etc. I look forward to a welcome change from Dan on this sooner rather than later. As the current valuation is so out of whack with even the current fundamentals.
Don't forget that this fell from the day of the R/S $2 per share which they were fundamentally a lot weaker then and peaked in March at equivalent $3 dollars on a lot worse fundamentals so forgive me for being perplexed with the current share price and market capitalisation
Another BS manipulation day what a joke this market reaction is....they could announce 100m revenue per Qtr and it would not make a difference with this controlling/manipulation..and no promotion PR/IR from Management
Wish company would put recording on website, thanks Mrdtrade, Also any mention of Mansour group?
Any possibility to listen without international call rates? as I would have to call from Europe to listen to recording.
All these positive developments and market cap still sitting at $23m...with continual daily manipulation. I am in Europe so was unable to participate in the call. What was said about the roadshow and ending manipulation???
Q2. Mansour Group what is happening with this deal?
Conference Call No.1 Q Manipulation what they are doing to combat it and when is the roadshow happening? Positive results/progress are not being allowed to be reflected in the fundamental valuation which should be a lot higher then the rediculous 20m market cap currently.
Absolute disgrace, The hard questions need to be asked at the Quarterly call about this Manipulation and shorting it seriously needs to be addressed immediately by Dan otherwise we are going no where.
Short Squeeze is what I hope will happen to these lowlife shorters whom have been trying to screw over real investors. I hope they get margin called and the best we can do is put our shares for sale above 10 dollars and make them pay as higher price as possible to cover. Thanks for your explanation yerboss lets hope to see Dan crush them soon.
Manipulation who ever the group is doing this it is blatantly obvious and management need to take immediate action. How are they getting their shares to manipulate? One can only speculate manipulators could be linked with lender or Mans? Legal class action may be the only way forward if this continues after these results are released and still being held down
Manipulation who ever the group is doing this it is blatantly obvious and management need to take immediate action. How are they getting their shares to manipulate? One can only speculate manipulators could be linked with lender or Mans? Legal class action may be the only way forward if this continues after these results are released and still being held down.
The only thing left now is all this progress and developments need to start being reflected in the market valuation of ECIG and the manipulation needs to stop now. A big discussion point for the upcoming conference call what is going to be done for PR/IR to attract new buyers to get ECIG re-rated to a proper market valuation which reflects fundamental value and progress that has been made.
Investor Awareness/ Bloomberg -
http://www.bloomberg.com/news/videos/b/d320692d-f3c7-4c68-9c7a-3dcf5d00cb73
One thing I must admit is the former CEO of ECIG Brent did quite a good job of investor wawareness by going on programs like Bloomberg.
I am really hoping Dan can also actively go on to Bloomberg I see it as the only way to defeat these shorters/manipulators.
The share price went from 25 cents to over 5 dollars in 2013 when the TV promotion was happening.
Perhaps someone could ask at the Q3 conference call if/when Dan will go on TV Bloomberg like Brent did?
Price/sales 4.25 equals 4.25 x $80m = $340m / 70,482,486 = $4.82 per share. Yeag I think your valuation is not unrealistic at all. Using current share structure being 70,482,486 not including any warrants until they have been exercised which they would have to inform market plus that would mean an inflow of cash into the company which would also have to be accounted for.
Hypothetically assuming we get 20m per Qtr that is $80m revenue/sales a year times that by the tobacco industry average of price/sales 4.25 equals 4.25 x $80m = $340m / 70,482,486 = $4.82 per share. That is how undervalued we are right now.
With the upcoming roadshows I am hoping investment firms can use their calculators and analysts etc to work that out should be fair value.
This valuation is not including any premium for future revenue growth, expansion of all brands, future takeover target if you put the dots together you will see this will be a takeover candidate.
Here is link for Tobacco industry valuation price/sales
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html
There is an increasing desperation for the manipulators as they run out of time before roadshows and Q3 results. I hope they get punished to the full extent of the law for suppressing the share price and trying to screw over long term investors.
Lender Calm Waters personal investment company of Richard Strong is worth $800m according to Forbes I don't think he has to exercise warrants just to trade ECIG and make peanuts. Don't you think he is in this to make a lot more money then that? Some of the conspiracy theories about converting and selling shares for small gains shows you how the posters here have not done their Due Diligence...this thing should be trading at a minimum of $3 right now
The cause....you guys make me laugh.. perhaps the fact that this has been illegally manipulated and suppressed to a market cap that fundamentally does not reflect at all the reality of what is happening with the company? A close of .26 is $18.3m market cap with a company pulling in revenues as we know of $50m+ and it seems on the path to much bigger according to punblic releases, as we have doubled VIP kiosks, have 6k outlets distributing FIN vapes throughout US, Vapestick expanding on all fronts expanding. So the reality is that an $18m is rediculous and I see other companies trading over $100m marketcap with no revenues what so ever.
Expansion mode, Dan says strong impact on profitability, then you pay attention. Not to some nobody on this forum including me just refer to public announcements it is all there in black and white. He has put his money where his mouth is by recently purchasing over 100k at over 0.37. We will see who is right over the coming months when results are delivered. There is no way all this is only worth $17m Market cap. Imho.
Hi DFH84,
FIN Vapes must be doing fine as stated in the announcement today they are expanding this ''in response to strong customer demand across the United States."
So both VIP and FIN Vapes both expanding due to customer demand! Demand must be increasing dramatically for such expansion.
Regarded as the most convenient, user-friendly vaping solution on the market, the new FIN AVS items are now available in more than 6,000 retailers throughout the US.
"ECIG continues to deliver on the commitment to profitable growth with the recent expansion of FIN AVS," said Dan O'Neill, Chief Executive Officer of Electronic Cigarettes International Group, Ltd. "The second pillar of our strategy is to partner with select retailers who can help us build the category. The expansion should have a strong impact on overall profitability within the next 12 months."
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Electronic Cigarettes International Group, Ltd. (The “Company”) (OTCBB: ECIG) today announced it has expanded the FIN Advanced Vaping System (AVS) product line in response to strong customer demand across the United States.
“The second pillar of our strategy is to partner with select retailers who can help us build the category. The expansion should have a strong impact on overall profitability within the next 12 months.”
ECIG is adding 10 new refills in various flavors and strengths, bringing the total number of FIN AVS kits and refills to 17. FIN AVS flavors now include Tobacco, Menthol, Cherry, Vanilla and Cinnamon, and each flavor can be purchased in three nicotine levels – Bold (2.4%), Mild (1.6%) and 99.99% Nicotine-Free.
Regarded as the most convenient, user-friendly vaping solution on the market, the new FIN AVS items are now available in more than 6,000 retailers throughout the US.
“ECIG continues to deliver on the commitment to profitable growth with the recent expansion of FIN AVS," said Dan O'Neill, Chief Executive Officer of Electronic Cigarettes International Group, Ltd. “The second pillar of our strategy is to partner with select retailers who can help us build the category. The expansion should have a strong impact on overall profitability within the next 12 months.”
Strong profitability WITHIN the next 12 months along with VIP expanding how this is still at a market cap of $17m is purely manipulation no fundamental reason it should be even at this level.
ELECTRONIC CIGARETTES INTERNATIONAL GROUP OPENS 100TH KIOSK IN UK
GRAND RAPIDS, MICHIGAN, September 15, 2015 – Electronic Cigarettes International Group, Ltd. (The “Company”) (OTCBB: ECIG) today announced that its VIP brand continues ?the rapid expansion of its award winning kiosk program with the opening of the 100th directly owned unit on September 9th. The brand which began the year with 53 owned and operated outlets won a Highly Commended award from the prestigious OPAL British Shopping Centre Council in April and has become a sought after ?addition to the highest traffic and most prestigious malls throughout the UK. The award has also resulted in interest from landlords in the VIP program taking mall space throughout Europe.
“Recent analysis and inquiries from leading mall owners indicate that additional expansion opportunities within the UK still exist as well plans are being made for international expansion capitalizing on the current learning,” said VIP founder Miquel Corral.
In addition to the 100 owned and operated units the Company also has 47 franchised units in the UK, 25 units in Ireland, 2 in Spain and 1 in Nigeria. ?Resulting in a total of 175 direct to consumer selling outlets for the VIP brand.
“The continued ?aggressive expansion of the kiosk program is consistent with the profitable growth strategy outlined in the second quarter conference call and we look forward in discussing these plans in the upcoming third quarter call,” added Dan O’Neill, Chief Executive Officer of Electronic Cigarettes International Group, Ltd.
This is not off topic but stating facts of ECIG so this should not be deleted like all my other posts have been.
The next conference call please I would greatly appreciate it if your raise this with management and how they are going to combat it. I would do it myself but I am located in Europe so a little difficult for me. It has been going on for far to long now and the underlying fundamental value of ECIG market cap wise is not being allowed to be reflected at all.
Hi Phin,
It is about time Management address the issue of stock manipulation and price suppression as it has been going on for far too long, as this trading at a marketcap of $18m is rediculous considering we have growing revenues over $40m per year and doubling of VIP kiosks in the UK which has been stated to be growing at a huge rate according to various media articles.
It is only shorters and manipualtors selling shares at this level, as no one in their right mind would be selling shares at this market cap it simply does not make any fundamental sense whatsoever. I am also getting sick of these BS MM games
Good to get rid of day traders off this stock and getting a different type of investor on TBEV, the long term variety. This is a real business as other long term holders have said and management have the experience and knowledge to build this. It takes time, but it will be worth it. We are at the very beginning of this journey and it is going to be one hell of a journey I believe. I am a large shareholder and not interested in the day to day movements and daily garbage posted on here by short term day traders. I am confident Toby, Mike, Busch et al will deliver in time. cheers guys