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Just sitting here looking at that pretty green. Can't help but smile. Thanks out of sequence or fat finger trade or whatever you are. You made my day lol. ECIG
How awesome would it be, news tomorrow morning, buyout 1.71/ share lol ECIG.
Damn that makes my account look pretty lol.
1.71 print lol. Go ECIG
That's what I'm talking about. Defend that 7 spot ECIG. DE~FENSE Ch ~ Ch~ DE~FENSE. lol
You're welcome.
ECIG working on forming a harami on the daily chart.
Sure thing. I'm mobile so I cant post the chart to illustrate. I added the definition below. Yesterdays close was .07 . A close above that today would put the body of todays candle engulfed by yesterdays bearish candle, signaling a possible reversal to the current downtrend. The signal requires confirmation in the form of a close at or above yesterdays opening price, or halfway depending, within the next few days. It is a short term reversal signal. I won't speculate at projection on price as there are many other factors involved at the moment.
Bullish Harami
DEFINITION OF 'BULLISH HARAMI'
A candlestick chart pattern in which a large candlestick is followed by a smaller candlestick whose body is located within the vertical range of the larger body. In terms of candlestick colors, the bullish harami is a downtrend of negative-colored (black) candlesticks engulfing a small positive (white) candlestick, giving a sign of a reversal of the downward trend.
INVESTOPEDIA EXPLAINS 'BULLISH HARAMI'
Because the bullish harami indicates that the falling trend (bearish trend) may be reversing, it signals that it's a good time to enter into a long position. The smaller the second (white) candlestick, the more likely the reversal.
Close .07 or better gives us a harami reversal signal on the daily chart.
NITE is our axe today.
They don't owe that much. Page 13 and page 20 of the Q.
7. DEBT
As of September 30, 2014 and December 31, 2013, debt is as follows:
2014
January Private Placements
$ 3,354,022
February Private Placements
2,586,206
WABR Wall Street Access. WABR Bid .085, WABR ask 1.97
ok good luck
Right. Everything is speculation at this point so I'm not going to bother to argue points without verifiable information. I certainly wasn't expecting this today. so.. Facts. ECIG has added 100 millions shares since conversions Began. ECIG has notes due on various timeframes, some on a monthly payment plan. My opinion... It would be a ridiculously silly move to spend that much money on advertising when there are more pressing issues at hand. I'm all about them advertising because it will hopefully lead to an increased rate of revenue growth. My opinion there is no way they would convert 100 million shares, and instead of using the funds to clear Debt which is due, Dump it into advertising. I'm not trying to attack you based on your opinion, merely expressing my own. I wish you the best of luck and a prosperous year.
JP
I have to disagree with that as well. lol. They have already converted roughly between 10 - 13 million dollars since the conversions began in my opinion. No way they dropped that on advertising.
I have to say I disagree with that figure. In my personal opinion it is less, But until the company clarifies the situation it is all speculation at this point.
How did you come up with that number?
Morning Gap filled. Time for a nice walk. ECIG
Happy New Year :)
ECIG news out.
Electronic Cigarettes International Group Launches National Advertising Campaign Behind FIN® Brand in United States
Date : 01/05/2015 @ 9:00AM
Electronic Cigarettes International Group Launches National Advertising Campaign Behind FIN® Brand in United States
National advertising campaign in support of the new Advanced Vaping System from FIN®
ECIG’s most successful new product launch with distribution in more than 30,000 accounts in less than 4 months since initial launch
Electronic Cigarettes International Group, Ltd. (OTCBB:ECIG), one of the largest electronic cigarette companies in the world and marketer of electronic cigarette and vapor products brands including VAPESTICK®, FIN®, Victory®, and VIP®, today announced that it has commenced a major new national advertising campaign behind the FIN® Advanced Vaping System in the United States. The campaign supports the expansion of the ECIG’s Advanced Vaping System “AVS”, one of the group’s most successful product launches in its history that has expanded to more than 30,000 accounts in both the United States and Europe.
The new multi-million dollar campaign supports the national distribution that the FIN® AVS has gained in less than 4 months since its initial launch, led by some of the largest pharmacy chains in the United States. The campaign which will run throughout the year, kicked off in late December with an initial wave running throughout the first quarter of 2015, and challenges smokers to try the great taste of FIN® as an alternative to smoking. National and regional radio comprises the bulk of the advertising effort, augmented by an extensive digital marketing and social media campaign, with extensive public relations in support of the overall effort. A large portion of the initial media investment is occurring in the first quarter of the year to build awareness and trial for the FIN® Advanced Vaping System in current retailers and another 15,000 planned outlets in national convenience store chains that begin distribution in the first quarter of 2015.
The Advanced Vaping System from FIN® is the first of its kind in vaping and is the only vaping system that comes with pre-filled V-tanks avoiding the hassle, mess and risk of filling standard vaping systems with open e-liquids. The system also comes with a larger universally compatible battery that provides greater vapor production relative to traditional vaping products and an ‘all-day vape.’ Not only is it an easier and more convenient alternative to other vaping systems, it provides both retailers and consumers the confidence and consistency eliminating any perceived concerns about handling open e-liquids.
About Electronic Cigarettes International Group, Ltd. (ECIG)
Electronic Cigarettes International Group (ECIG) is dedicated to providing a compelling alternative to traditional cigarettes for the more than 1 billion current smokers around the world. ECIG is a fast growing independent electronic cigarette company, and owns the trademarks VAPESTICK®, FIN®, Victory®, VIP®, and others. The Company owns multiple subsidiary companies and has operations in North America, Western Europe, and Asia Pacific. ECIG offers consumers a full product portfolio that incorporates the highest quality and latest technology, and has been rated as superior in real tobacco taste amongst major brands. The Company’s website is www.ecig.co.
http://ih.advfn.com/p.php?pid=nmona&article=64981438&symbol=ECIG
ECIG news out.
Electronic Cigarettes International Group Launches National Advertising Campaign Behind FIN® Brand in United States
Date : 01/05/2015 @ 9:00AM
Electronic Cigarettes International Group Launches National Advertising Campaign Behind FIN® Brand in United States
National advertising campaign in support of the new Advanced Vaping System from FIN®
ECIG’s most successful new product launch with distribution in more than 30,000 accounts in less than 4 months since initial launch
Electronic Cigarettes International Group, Ltd. (OTCBB:ECIG), one of the largest electronic cigarette companies in the world and marketer of electronic cigarette and vapor products brands including VAPESTICK®, FIN®, Victory®, and VIP®, today announced that it has commenced a major new national advertising campaign behind the FIN® Advanced Vaping System in the United States. The campaign supports the expansion of the ECIG’s Advanced Vaping System “AVS”, one of the group’s most successful product launches in its history that has expanded to more than 30,000 accounts in both the United States and Europe.
The new multi-million dollar campaign supports the national distribution that the FIN® AVS has gained in less than 4 months since its initial launch, led by some of the largest pharmacy chains in the United States. The campaign which will run throughout the year, kicked off in late December with an initial wave running throughout the first quarter of 2015, and challenges smokers to try the great taste of FIN® as an alternative to smoking. National and regional radio comprises the bulk of the advertising effort, augmented by an extensive digital marketing and social media campaign, with extensive public relations in support of the overall effort. A large portion of the initial media investment is occurring in the first quarter of the year to build awareness and trial for the FIN® Advanced Vaping System in current retailers and another 15,000 planned outlets in national convenience store chains that begin distribution in the first quarter of 2015.
The Advanced Vaping System from FIN® is the first of its kind in vaping and is the only vaping system that comes with pre-filled V-tanks avoiding the hassle, mess and risk of filling standard vaping systems with open e-liquids. The system also comes with a larger universally compatible battery that provides greater vapor production relative to traditional vaping products and an ‘all-day vape.’ Not only is it an easier and more convenient alternative to other vaping systems, it provides both retailers and consumers the confidence and consistency eliminating any perceived concerns about handling open e-liquids.
About Electronic Cigarettes International Group, Ltd. (ECIG)
Electronic Cigarettes International Group (ECIG) is dedicated to providing a compelling alternative to traditional cigarettes for the more than 1 billion current smokers around the world. ECIG is a fast growing independent electronic cigarette company, and owns the trademarks VAPESTICK®, FIN®, Victory®, VIP®, and others. The Company owns multiple subsidiary companies and has operations in North America, Western Europe, and Asia Pacific. ECIG offers consumers a full product portfolio that incorporates the highest quality and latest technology, and has been rated as superior in real tobacco taste amongst major brands. The Company’s website is www.ecig.co.
http://ih.advfn.com/p.php?pid=nmona&article=64981438&symbol=ECIG
ECIG news out.
Electronic Cigarettes International Group Launches National Advertising Campaign Behind FIN® Brand in United States
Date : 01/05/2015 @ 9:00AM
Electronic Cigarettes International Group Launches National Advertising Campaign Behind FIN® Brand in United States
National advertising campaign in support of the new Advanced Vaping System from FIN®
ECIG’s most successful new product launch with distribution in more than 30,000 accounts in less than 4 months since initial launch
Electronic Cigarettes International Group, Ltd. (OTCBB:ECIG), one of the largest electronic cigarette companies in the world and marketer of electronic cigarette and vapor products brands including VAPESTICK®, FIN®, Victory®, and VIP®, today announced that it has commenced a major new national advertising campaign behind the FIN® Advanced Vaping System in the United States. The campaign supports the expansion of the ECIG’s Advanced Vaping System “AVS”, one of the group’s most successful product launches in its history that has expanded to more than 30,000 accounts in both the United States and Europe.
The new multi-million dollar campaign supports the national distribution that the FIN® AVS has gained in less than 4 months since its initial launch, led by some of the largest pharmacy chains in the United States. The campaign which will run throughout the year, kicked off in late December with an initial wave running throughout the first quarter of 2015, and challenges smokers to try the great taste of FIN® as an alternative to smoking. National and regional radio comprises the bulk of the advertising effort, augmented by an extensive digital marketing and social media campaign, with extensive public relations in support of the overall effort. A large portion of the initial media investment is occurring in the first quarter of the year to build awareness and trial for the FIN® Advanced Vaping System in current retailers and another 15,000 planned outlets in national convenience store chains that begin distribution in the first quarter of 2015.
The Advanced Vaping System from FIN® is the first of its kind in vaping and is the only vaping system that comes with pre-filled V-tanks avoiding the hassle, mess and risk of filling standard vaping systems with open e-liquids. The system also comes with a larger universally compatible battery that provides greater vapor production relative to traditional vaping products and an ‘all-day vape.’ Not only is it an easier and more convenient alternative to other vaping systems, it provides both retailers and consumers the confidence and consistency eliminating any perceived concerns about handling open e-liquids.
About Electronic Cigarettes International Group, Ltd. (ECIG)
Electronic Cigarettes International Group (ECIG) is dedicated to providing a compelling alternative to traditional cigarettes for the more than 1 billion current smokers around the world. ECIG is a fast growing independent electronic cigarette company, and owns the trademarks VAPESTICK®, FIN®, Victory®, VIP®, and others. The Company owns multiple subsidiary companies and has operations in North America, Western Europe, and Asia Pacific. ECIG offers consumers a full product portfolio that incorporates the highest quality and latest technology, and has been rated as superior in real tobacco taste amongst major brands. The Company’s website is www.ecig.co.
http://ih.advfn.com/p.php?pid=nmona&article=64981438&symbol=ECIG
Year of the Vape. CNBC
CNBC Word of the year "VAPE" lol
Good Morning ECIG. Welcome to the first full trading week of 2015.
They had a credit line with wells fargo for up to 20 mill aggregate. Wells fargo was also a backer for the Nasdaq IPO. They closed their credit line with Wells fargo a month before the scheduled IPO. I don't have access to the terms of the IPO agreement but it is entirely possible that they closed that credit line in relation to the terms of the IPO. Since the IPO fell through a month ago it is entirely possible imo that they are pursuing the establishment of further lines of credit.
They did have a line of credit through Wells Fargo. Page 21, 27, and 33 of the Q respectively.
Line of Credit
In conjunction with the FIN acquisition, the Company assumed a credit agreement expiring on December 31, 2015 which provides for a revolving credit and/or letter of credit commitment in the maximum combined amount of $20 million. The amount of credit to be provided is additionally limited to a specified percentage of eligible receivables and eligible finished goods and in-transit inventory. All collections of accounts receivable are required to be applied to reduce any revolving credit balance outstanding. The interest rate is the daily three month LIBOR plus a margin of 3% and at September 30, 2014 was 3.23%. The credit agreement includes a subjective acceleration clause and a lockbox arrangement; accordingly, amounts outstanding have been included as a current liability in the condensed consolidated balance sheets.
The Company is obligated to comply with a number of covenants that include financial reporting, weekly collection reports, debt service and EBITDA coverage.
16. SUBSEQUENT EVENTS
On October 15, 2014, we and the holder of the 6% Convertible Notes amended the 6% Convertible Notes, and we agreed to issue an additional $5,500,000 principal amount of 6% Convertible Notes for a purchase price of $5,000,000 (the “Fourth Tranche”). The Company used a portion of the proceeds from the Fourth Tranche to fully repay and terminate the credit facility of its subsidiary, FIN Branding Group. The remaining proceeds may be used by the Company to purchase inventory for its subsidiaries FIN Branding Group, LLC and Hardwire Acquisition Company or for other general corporate purposes, other than the repayment of any other indebtedness. For a further discussion of the terms of the Fourth Tranche, please see Note 6.
On October 16, 2014, the balance outstanding under the FIN Credit Agreement was paid in full and the agreement was terminated.
FIN Revolving Credit Facility
Overview
On December 31, 2012, FIN Branding Group, LLC entered into a $20,000,000 credit agreement with Wells Fargo Bank, National Association (the “Lender”), as amended on September 10, 2013, February 11, 2014, February 28, 2014, March 31, 2014, June 2, 2014 and September 2, 2014, for a revolving credit facility with a maturity date of December 31, 2015 (the “Credit Agreement”). Pursuant to the March 31, 2014 amendment, we and our subsidiary, VCIG LLC, have guaranteed FIN’s obligations under the Credit Agreement. Pursuant to the June 2, 2014 amendment, we repaid $1,500,000 outstanding under the Credit Agreement, and delivered to the Lender a plan for the sale of FIN inventory and updated projections for FIN. Pursuant to the September 2, 2014 amendment, the Lender waived events of default as a result of FIN’s failure to obtain EBITDA of at least $7,000 for the four-month period ended June 30, 2014 and as a result of a new EBITDA covenant not having been renegotiated by July 9, 2014. In addition, pursuant to the September 2, 2014 amendment, the maximum outstanding advances under the Credit Agreement are currently limited to $2,400,000, which amount decreases to $1,700,000 for the period from September 25, 2014 to October 1, 2014 and to $1,100,000 for the period from October 2, 2014 and thereafter, (iii) FIN is required to deliver July 2014 financial statements to the Lender by September 4, 2014, and (iv) by no later than November 14, 2014 FIN is required to agree to new financial covenants acceptable to the Lender and document those financial covenants by December 1, 2014. On October 16, 2014, the balance outstandning under the Credit Agreement was paid in full and the agreement was terminated.
The debt holders have their profit baked into the agreement. Like a mortgage. The bank lends you money to buy a house and they charge a percentage on the money owed and set up payment dates. They don't care if the value of your home goes up or down, they want their payment which was previously decided upon in the agreement. Does that make sense?
I should add that this is referring to the Jan/Feb notes, the 6% notes and the 4% notes. The VIP notes and 12% notes are notes issued to the previous shareholders of acquired companies and are a different story. I fully expect them to hold for Higher ground. The fact that we haven't seen the VIP notes Converted(Emphasis on converted, not sold) in the o/s makes me think that they are working on a restructure of some sort. JMO
You too? Wow lol ECIG. Beautiful.
I knew you would come around lol. Go ECIG
My pick is ECIG @ .086 Enjoy the weekend folks.
Nice day. Enjoy the weekend folks. Going to be good year for ECIG imo
Simmer down now. I'll have funds cleared monday, if it can stay in the 8's till then that would be great lol.
Be patient, put your money on the table and enjoy the ride. Good luck : )
Look at CANT go lol. Taking this opportunity to load up before next week. ECIG
No. Leave it alone. Personally I don't believe anything will come of it, but it is relevant.
I didn't know the chinese knew what patents were lol. Their entire consumer culture is based on patent and copyright infringement
umm... they are based in Michigan. lol. A little research into the company you are bashing could go a long way.
Having a Little difficulty there with the ECIG Chart bud? ECIG has held .08 Support for 10 trading days in a row. Bottom is in imo. Good Luck.