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Hi again. Check on otcmarkets.com, spacialized on OTC and you'll find all the explanations about the differences between OTC QX, QB, and Pinks. Check for the symbol ECIG.
GLTY
Explain please... Thanks Z.
So far looking interesting...
Check it by yourself... There is plenty of info on the net. ECIG: OTC QB (fully reporting and annual audited numbers). Not a PINK. Sorry, your broker, probably, is unfamiliar to this market
Ummmmm I see you more cautious lately... I know that feeling...: levering "fantasy" whith "reality" sometimes can become frustrating... but we'll go forward.
a lot of activity @ 0,052
I would say that management has called a vote with the outcome already secured. The way they're keeping a low profile about sharing info, and the fact that they didn't start a cosmetic policy to increase the share price and to seduce shareholders leads me to believe that, behind the curtains, everything is tied up. I don't see they being too much scared about loosing that vote, so I'll say is done (prearranged). But I also do believe that they will push up the price at some stage... but not sure that will happens in our expected timing...
Yep we do accept the reality of things...in the stockworld Nevertheless... guys who runs companies like a "slot machine" doesnt do the long run. People dosen't buy garbage 2 times in a row. And in the case of ECIG, due to the fact of the management background, we're entitled to pour some opinions about the way they dealt some issues here. If there is anything keeping a board alive and forward is contrasting opinions.
hurry up!!
Please explain why do you think that the conversions have to be finished in order to release a good bussiness PR? Where is the point in doing it after the conversions, specially when volume is dead and people is scared to jump in... It could take quite a few critic days (before the vote) to wash all the conversions left... Of course if your real target is to increase the share price. If that is not the company's target at this moment of the game then... ummmmm peace and love.
and europeanrooster says: "in vino veritas" (joking)
Agree. But... it is not fair to think that in that storm the company could mitigate the dammage by showing the strengh of the model bussiness (if any...) just to convert @ better price so reducing the implosion on company's value?! Maybe somebody with better knowledge could explain the communication strategy on this landslide in share price... I just think that they could mitigate quite a lot with a good communicative strategy.
may be their "turtle strategy" is to put the PR (Killer conversions) the day before the vote...
It is almost a month and a half that we have no clue about the bussiness itself... Guidance about the bussiness? It is going as planned? No news...! We just get news about debt and the ones that frightens the most (RS and increase in AS with preferred ). I just don't see the point on that. I don't see AT ALL any winning strategy in all that.
you normally would think that any GOOD new would infuse some kind of buying strengh to soak up the rest of conversions and keep the momentum...(and a better price)...
so basically you tell me that, in the company's interest, and ours spacially ( as we're days away from a RS and increase in AS), is better convert @ 0,04 than @ 0,10$? I'm not an economist but I would say that the company has interest in reducing as much as possible the number of shares flying all over. ust doesn't make any sense and show a kind of capitulation spirit by management. Ans as far as I'm concern shows quite a lot of indiference aboout our position (we play also a rol in this comedy/drama. Anyway... let's continue the session...
Excuse me?! 2.900 shares in volume.... uhmmmm, 500$ so far traded... A bounty.
It's beyond my comprehension that management doesn't show up any posssible good news to hold the company's value. I'm start to think seriously that they're playing the game to keep the price down (for some reason) or, worst, there is no any good new to be hinted....In any case we stand only by the hope here... like the 300 spartans in Termopilas battle...
Lol! When it reaches 0,20$ none of us will still remain here to make his mind up about the vote...!!! Just joking... I'm not also for a "blank check". Info and visibility first (we're no herd!) then I'll make my mind.
Well ... let me say it this way...: A guy that has allow his company loose 96% (or more) of its value (hidden somewhere...) can perfectly take onbord some condescendence... He did an awful job. No way that I will write him a "poem" to express my "kind" frustration to him so he doesn't get to upset... Spoorty did it very well. Well spoken. Words well choosen.
Well done. Well said. He's not the man of the job: He went to buy a Lamborghini with no money... (no glory on that = the sahareholders paid his "Lamborghini exhuberance"). Last corporate movements hints that it has been a "punch" a "coup d'Etat" and that he's no longer the man of the situation. Good. It comes to no surprise if he's leaving now by the back door. He has been awfully absent through all the conversions nightmare. No single word to confort those who saw their savings evaporate. His professional credibility has taken a big blow here.
4th quarter results: I think we should, gradually, start a "group therapy" shop to reduce the expectations about 50 milions... done. Start to dream about 50 milions can lead to a big dissapointment (already seen many times...) and the share price falling again the cliff. Many people here talks about 50 milions... but we better adjust that ammount to a real possible targets. Company could hint info about it prior de 10K release. Would help!. The way conversions, and restructuring deals happened let's thing that the prospects are ok but not that high. Company is clealy NOT SWIMMING in cash. I myself will be very happy with 25-30 milions for the 4th quarter.
Let's see how management deals with communicating with the market and the shareholders these next weeks... Clearly they have to seduce peeps here and show they're up to the job. Otherwise not even a RS and increase in AS will do it... if the final "mission" is to put the company in Nasdaq range... They have clearly defaulted, non stop, in "selling" the company's prospects. They have to ammend this and restore their credibilty to the possible new BIG investors watching in the sidelines. I just see all this working if they get the share price about 0,30 - 0,40$ before the final vote, or at least unleash the RS when the price is at that price but not before. Unleash RS maybe ok when the right time: when credibility is restored and the shareprice accordingly so the people clearly sees the meaning to update to a big board as a normal step; otherwise will be perceived as a tipical wash, rinse and start again dilution (nobody will buy that!). And remember that the "Lannisters" always payes theirs debts, so ECIG does!!
oh man... the ones we have endured conversions we deserve "paradise".... No need for cardio exercise...
I think we deserve a nice end of the week... Cmon up up up...
MM keeps on harrassing the ask...
the day will pay off. I think we'll have a nice EOD slow run up.
I think we'll go up with a nice volume... Nice purge waiting for some due update next week.
So far looking good. Seems that we'll have a nice close of the week waiting for news next... finger cross. GLTYA
There it goes ARCA the "scavenger" trying to push the price a bit more over the cliff...
Appreciate for the info.
To me strategy (as for the information I have about all the conversions...) would be support share price as it's the main meaning to reduce the ammount of debt and number of shares "flying" all over. Restructure debt and a lots of visibility to the shareholders to keep price up and build confidence. Confidence is difficult to built and easy to loose, and those guys, management, did a good deal loosing that "precious" confidence. That is not just bad for shareholders (as us) who count a fraction in all this mess but the bussiness relations the company has to work in a daily basis to built progress. Imagine what how you will seat in a table , in negaotiation for a deal, with a company that in 3 months has lost 99€ of its value... Confidence is capital and they have a lot of work to do. Communication is the way. Long.
It is stated in the proxy? Otherwise a link please... as normally an absent is counted as "Yes".
canadians are made of a different material.... They're more chill out...guys.
don't worry. We'll get through safe and alive (patience and endurance is key here) but we'll learn quite a bit from this "course of events"...that ECIG has put in our way. And "knowledge" we pay... now that we'll recover later...
I'm starting to think (about management) that the plan is "there is no plan"... Is quite difficult to understand that, if the company is growing (we hope...) the direction has allowed conversions @ this price. You just get a ton of shares that erase no debt. If there was any kind of good progress in the numbers why don't hint them to increase the share price, reduce more debt % and infuse confidence to the market and shareholders? Is beyond my comprehension... As stated I'll keep it professional... but some folks there did an awful job. Certainly there is people cashing on the flips... but mostly, right now, we are "under the water". Long and watching.
Agree. Those guys (management) are sleeping or they're playing the game in purpose.
we need direction to give the market news about how is doing the bussiness...otherwise we keep on being "besieged" by MM. Since beginning december we have no idea about if bussiness is growing, if the marketing plan is working according expectations... whatever... Makes me thing if, they are also playing the game of keeping the share price down for some reason. Is difficult to imagine a professional CEO not seeing that the price needs a bust (news)..., at least to grow confidence with the company. So far they just reduced the anguish about RS and AS but is not enough if they want bust the value of the company.
Our beloved friends ARCA... now bidding...
New MM interested in ecig. WABR @ bid.