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There appears to be a new seal on the front page of the site ...would be good if Sigma explained this stuff
Dixie announcement imminent products on shelves in Oregon 2016!
GLH trading in Europe now!
GLH is only going up from here I know it may be hard to realize but just accept it.
Dixie chose GLH.
This sector is full of surprises!
...how about 2.00 within days or when Dixie hits the shelves in Oregon
Ok so formnext was held in Germany this app has the list of exhibitors it could be anyone of these Germans :
https://m.mesago.de/en/formnext/For_visitors/formnext_app/index.htm
Ok so who were the Germans present at form next ?
Thanks, great article only going up from here!
Can you copy & post That article, the link prompts to sign up for a subscription...
I'm in
MJNA use to have a partnership with Dixie but it looks like Tripp has moved on and has now licensed his products with another public company.
.002 per share good one!
I expect to see more articles blogs PR's and pictures of castings over the next few weeks!
Reaping season is here :)
No sign of any good profit news for tomorrow if there was insiders would be buying so expect good news but no money news
not convinced...
Why pr this when we are still waiting on details from the Honeywell deal ?
Those arête company has only been around since December 2014
All signs are pointing towards it coming Rockwell hasn't sold a share not even at .15 now all these partnerships ......ramping up for mass production.
I think the next pr is going to be just incredible ... with links added to their strategic partners on the main page it can only mean production and revenues news is inevitable
A few weeks ago I mentioned there was a slide in the main page with a picture of a printer & a part.
That slide is no longer there...
Sigma labs & I just wonder what it is the printer ? a part !
The site appears to have a brand new slide on the front page content slider I think it was posted very recently if not within the past week.
you must have enough shares to be one the board by now... can you contact Marc and ask him to hire a pr guy
Sigma's website is looking good I m not sure if it's already been mentioned but it looks like there is a link to a new Honeywell sigma presentation :
http://sigmalabsinc.com/uploads/Events/RAPID%202015%20Non%20Destructive%20Evalution%20Techniques%20for%20Additive%20Manufacturing%20-%20Joint%20Technology%20Development%20Between%20Honeywell%20Corporation%20and%20Sigma%20Lab.pdf
There is so much to write about/pr maybe it's time for sigma to hire a dedicated blogger writer ...like one of those guys from additive technologies
HOLY SH$T!
The bar chart is erect.
Thanks, I was hoping we would get an update on revenues before then...
Q1 this week ?
Yessss The mayor is in :
http://sigmalabsinc.com/uploads/Events/Proclamation.pdf
That would be a more realistic reason for the PPS increase rather than past references to a newsletter.
Well over the past few weeks a lot of events have occurred so an amazing PR reporting 1st Qtr results could make that "purchase" well worth the millions spent.
Members of the board have bought millions ... I guess the price drop and the fact just one of the board members had a cool 2 million laying around to buy 4 million shares is just a coincidence ? Or could this be all part of a greater plan ?
2 events which will increase pps significantly:
1st quarter results for 2015 which will include revenues as a direct result of PrintRite commercialization - hopefully soon
The M290 PrintRite launch event demo on April 14th - hopefully we see a video
It's very reassuring to know the board is buying up shares by the millions.
This ones a little more positive:
Electronic Cigarettes Intl Group Ltd (OTCMKTS:ECIGD) Drops on 10k
Electronic Cigarettes Intl Group Ltd (OTCMKTS:ECIGD) dropped big in early trading after the Company finally released the much awaited and anticipated 10k this morning. There were high hopes leading up to the release with ECIG gaining over 30% on Tuesday.
When the 10k finally came on April 1 it was a general disappointment even though the numbers do show tremendous growth with ECIG reporting $15.7 million in revenues for the 4th Quarter and $46.9 million for 2014, compared with $3.1 million in 2013.
An eye opener of the 10k was the 34,879,194 shares of its common stock outstanding as of March 30, 2015 up from 19,931,334 as of March 24. So in less than a week ECIG almost doubled its share count.
ECIG has been a disappointment ever since the 15 for 1 reverse stock split on March 23 which many thought of as a turning point for the Company. If the conversions had been over and ECIG reversed over $1 and was then introduced to a whole new breed of investors the reverse might have been successful.
But things did not turn out that way and its little wonder things did not turn out much worse considering how fast ECIG is printing shares here. The reverse was a complete disaster and if things don’t change quickly ECIG just might have to do another reverse to get back to a respectable price before all this is over.
Electronic Cigarettes Intl Group Ltd (OTCMKTS:ECIGD) had a vision of being the global king kong of electronic cigarette with brands selling all over the world appealing to multiple markets. We all know the history; ECIG sponsored its fast rise through a number of large acquisitions paid for primarily with toxic debt including VIP for $50 Million, FIN for $133 Million and Vapestick for $54 Million.
Management thought they could pay back that debt during the $150 million capital raise but the plan backfired when the electronic cigarettes market took a dip on some new legislation. Ultimately Wells Fargo backed out of the offering and the debt holders took control flooding the market with blocks of newly minted shares. With no limit on price conversions, debt holders began shorting the stock; the lower the price, the more shares they got.
The resulting death spiral was the biggest in recent small cap history decimating ECIG market valuation from well over $500 million to less than 10% of that today. Many would suggest this is where the opportunity lies as the underling Company is not the same but actually much stronger.
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On April 1 ECIG filed its 10k:
Fourth Quarter Summary
Adjusted revenue of $15.7 million, compared with $0.6 million in the fourth quarter of 2013
One-off adjustments of $3.5 million, related to sales returns, allowances, customer concessions, credits and price adjustments
Total revenue of $12.1 million, compared with $0.6 million in the fourth quarter of 2013
GAAP net loss of $(336.2) million for the fourth quarter ended December 31, 2014, including impairment charges of $144.4 million which is primarily related to our “FIN” and “VAPESTICK” business units.
Full Year Summary
Adjusted revenue of $46.9 million, compared with $3.1 million in 2013
One-off adjustments of $3.5 million, related to sales returns, allowances, customer concessions, credits and price adjustments
Total revenue of $43.5 million, compared with $3.1 million in 2013
GAAP net loss was $(381.6) million for the full year ended December 31, 2014. The net loss includes a goodwill impairment charge of $144.4 million related to the “FIN” and “Vapestick” reporting units.
Dan O’Neill, Executive Chairman of ECIG said “Recognizing the challenges faced by the Company during fiscal year 2014, the new team has been working tirelessly to position ECIG for future profitable growth. Since my appointment as Executive Chairman, every stone of the Company has been reviewed, discussed and challenged. The work to date has been focused on setting ourselves up to take advantage of the opportunities in the category and the brands in the ECIG portfolio. The restructuring of the balance sheet, the ability to secure both short-term and long-term financing, the changes to the Board and the cleaned up old inventory are mostly behind us. More importantly, we obtained an internal agreement for a new global strategy setting ourselves up for 2015. Cash and profits will be the drivers, with new targets set for inventory turns, SKU priorities, in-country production, receivables and payment terms. The category is one of major opportunity. Our mission is to capture and significantly improve our performance.”
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The long thesis on ECIG remains strong; the Company is a leader in a rapidly emerging industry, experiencing spectacular revenue growth that currently trades at a fraction of its former $500 million plus valuation. There is little wonder though that ECIG has been dropping fast since the 15 for 1 reverse stock split on March 23 and the much anticipated 10k released on April 1 failed to meet expectations. Most importantly the 10k shows the ECIG debt conversions are far from over with OS almost doubling over the past week. we will be updating on ECIGD on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with ECIGD.
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Disclosure: we hold no position in ECIGD either long or short and we have not been compensated for this article.
Electronic Cigarettes Intl Group Ltd. (OTCMKTS:ECIG, ECIG message board) filed its 10-K report just minutes before the session opened – and judging by the market's violent reaction, investors aren't at all happy with the figures in it.
And who could blame them? A nice figure under Net Profit would have done a good deal to boost investor confidence in ECIG, redeeming the company of the faults of its not so distant management shenanigans.
Instead, what investors got was this:
Cash - $2 million
Total current assets – $18.6 million
Total current liabilities – $164.7 million
Total net revenues - $43.4 million
Net loss - $381.5 million
The number next to “net loss” is, put quite simply, horrendous. Intolerable. True enough – the filing did mention that $109 million of that sum is attributable to “Warrant fair value adjustment”. Another $144.3 MILLION is attributed to “Impairment of goodwill”.
To elaborate – ECIG's goodwill got so terribly impaired because “products manufactured by our Chinese suppliers that are not considered safe and or those products that do not comply with U.S. regulatory requirements and safety and health standards may cause significant harm and or death to persons who use the product and subject us to liability and potential legal claims and cause injury to our reputation, goodwill and operating results”.
Suffice it to say, this state of affairs is not good for business.
Long story short? ECIG published some pretty terrible numbers and as a direct result investors are now abandoning ship and the ticker is plummeting right back to where it was before the split.
The crash has already cost ECIG 30% of its market cap today – and the trading session is just getting heated up.
hello!