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It could possibly go a lot higher long term and it's golden at this pps. But it is a gamble and be prepared to lose your shirt. IMO go for $4 before June 2016
Well that's just scary!
Coming back to the original point...ECIG offers a very small selection of products that appeals to less than 10% of the current user market. They are the starting point for new users but these are prone to tremendous slippage as the user favors something with more power and choice of flavors.
The second point I tried to make was that as the industry trajectory is far higher than ECIGs growth chart, there will not be a time where ECIG is in a position to fund a further acquisition spree. The only oligopoly will be amongst cigalike companies representing 10% or less between them but with a massively increased acquisition and operating cost
And to further aggravate you, does this funeral home trade on the OTC?
My opinion is that this is a slow boat from China. R&D from the Far East, only as fast as a whole clutch of the big factories of which ECIG itself uses. If they tied themselves in with Kangertech or Innokin they would stand a chance of competing on a tech level but these Chinese would eat them for breakfast. No, ECIG occupies the cigalike space and has gone too far down the road to alter it's course. Best bet is for Dan to keep things afloat and cashflow positive by ditching any unmecessary weight and streamline the day to day operations. After June of next year, the UK will know whether it is the MHRA's little prescription mechanism in the same way Washington and Colorado were for Mary Jane.
The future is all about prescribing ecigs on the NHS. VIP and Vapestick would be ready for this and ideal contenders but this is a long game and in no way certain. If you have no more funds to invest, then sit back and watch the drama unfold around Feb/March in the UK. Vapestick in the US is an idea to stem the tide but it's the same rehashed FIN product. They need a small department to work closely with these retailers, send reps and merchandisers in there and stop acting corporate wholesaler and do some fkn selling!!
yerboss for the sake of prudence it is also noteworthy that although death is a certainty, there are tens of thousands of funeral homes and an array of casket options, not just one or two ??
Some DD but word of caution not to read too deeply into this as this is for Malaysia and not MENA where Mansour dustributes
http://www.themalaysianinsider.com/malaysia/article/vape-is-haram-for-muslims-declares-fatwa-council
There are Muslim councils all over the world and other ME countries and the UK has also delayed this announcement so there is still hope
Who got the severance pay? If it were anyone responsible for the poor management, shares would have been more appropriate! I can't make head nor tail of this. $12m is slightly above my forecast and most others' but I can't understand the doom and gloom
Ok I see that and respect Euromonitor but I just messaged the main vapers' forums and everyone regards MENA as a no-go, so is Switzerland apparently. The 2009 stuff is about growth potential and of course Egypt would make that lost because they have no electronic cigarettes legally on the market.
With your friend's 1.1m shares I would also be disappointed however as I am in lightly I can afford to enjoy the ride and not be so sarcastic about things.
I have always been hopeful about this stock and it needs some good luck, that is all
GLTA
I asked me acquaintance about your mom and he wouldn't clear that up either
Very interesting indeed and if this is pulled together it could be exactly what this stock needs. A new market that is not used to these products and providing they take to it could be very lucrative to the first brand in. What everyone must understand is that if allowed in, this will open the floodgates for other brands and the market will be saturated very quickly. I have a good acquaintance that swears this is not possible right now but for the sale of the stock let's hope it is. (Sorry friend!)
Wind your neck in pal, personal sleights are uncalled for. I'm sure the other guys who know the top hardware know my words of caution are spot on.
Good for you friend. If not for the money, you have made an important life decision and may it be fruitful for you.
I'm in on this too guys. My every day is a Subox now but I also have the Russian 91% from awhile back. All ECIG had to do was pay a measly license fee for use of the DNA chip and bingo they have temperature control but as we know the bigger these cig alike companies get, the weightier their development times which suggest they were at R&D stage six months ago. They probably haven't even considered temp control and this is the future of the industry. Wasted millions again no doubt but they will sell units, just won't attract the untracked channel who can spot the old tech
Reading thru those features it sounds like a fairly decent piece of kit but still one that is not up with current trend. There are other hardware manufacturers that released more sophisticated versions in the last 3-6 months and I am surprised this didn't featured temperature control, as this is what everything is moving towards.
Still I am not trying to rain on their parade! Far from it, it is about time they released something with a little more power. It may be enough to keep those remaining loyal to VIP on the chug boat train (but possibly not). A good thing ECIG is still in the game, good for the industry and the specialist sector that is now considerably larger than the tracked convenience store channel.
"The Rolex of vaping"
Can someone sticky that?
You nailed it. There are bans all over MENA and too much instability to rock the boat with tobacco and more importantly sheesha users. Now that is a centuries-old tradition and introduction of ecigs would need a very delicate introduction and specific styling for those markets.
I know a company that has been lobbying the health ministries of two influential territories for the last 2 years at the highest level and has had no progress for months. The introducer and lobbyist would be of the same standing of anyone Mansour could use, so my view is unless several ten of millions are being exchanged at knee level, it's not going to happen for a while and then everyone will get in on the act with their own distribution networks.
These figures are well below her originally posted figures, which were stated as overtaking sales of tobacco products within a decade. That statement was then misrepresented by the industry, not accounting for loss of tobacco revenue and in any case those assumptions were BS. Now proven!
Ok thanks I'll check that out but I'm not backing you on the blackjack table
CBD will not take the edge off nicotine. Nicotine does that lol
In the Uk, CBD is already legal and the benefits are not clinically proven although many MS sufferers and people with anxiety swear by it. This does not detract from the fact that CBD is not an instant commercial hit because so many doctors will disagree and of course so will Big Pharma.
There are lots of eliquid makers here with CBD infused flavors and they are nowhere near as popular as you may think. The only ones that would buy it to vape, are those hoping for an intoxicating effect. Those that really need the product would find greater success eating it in chocolate etc. Move on, CBD is not ECIG's saviour, far from it.
I am going for 11m revenue, due to dwindling sales and removal or discounting in the stores that received no stock or support from ECIG. Nothing worse than a vendor that cannot get product and ruins relationships.
Electronic cigarettes are illegal in most countries within MENA. Either Mansoor has arranged authority (which I heavily doubt considering the health ministries have been turning all applicants away for years) or they are just going in for short term paper value and long-term hedging. No distribution in MENA friends or I shall eat all of your hats!
You are long ECIG ??
Well I have shares obviously therefore I have a financial interest as well as a competitive motive ie I want ECIG around as it's good for the industry. Come a point where every new Vaper has experienced the cigalike, they will have no momentum. Don't get yourself in a huff there, we know you are obviously in a permanent state of faith over sensibility and I suppose that's why your profile is Christ after all!!
Cigalikes are unwanted by the majority of the market as I have said many times and got lambasted for. The market wants higher powered devices and unless ECIG is launching one that beats the competition hands-down, or launches a new liquid with the best flavor and no trace of anomalies (with a massive marketing budget), they rely on regulation forcing the market to accept the bull* AVS product.
ECIG has a flawedd outlook and has had for many months, mostly due not to the manipulation but by the palatable misunderstanding of market demand. I own local stores that a perfect representation of market demand and can tell you now that ECIG has nowhere to to go without a large cash injection or regulation forcing their products on the public. Only luck can save them and don't expect any miracles come Q2 and you can quote me on that.
I am just hopeful that my previous bashing saves a lot of folk a whole lot of money.
Slate me if you want but you know what you can do with that IMO!!
You double down on a hard 12? Do you go against the odds in general as a system?
There's literally nothing that can be done to rescue this. Same old sob story. Good night all turn the light out when you leave.
And Bonnie hasn't addressed her glaring misrepresentation of the category potential last year when she said that Ecig use will equal tobacco use next decade. She forgot to add the rate of tobacco decline or slippage of ecig users. Gross negligence in her report led many brands to quote the category would be worth several tens of billions. Utter garbage spewed and this has been the real problem in attracting serious investors. IMO
I don't know about that I mean the Vapestick guy in particular is very vocal and seems to play a good game. I could care less for VIP they know how I feel about them but to lose the UK voice seems a bit odd considering it's a major market for them
What happened to the VIP and Vapestick guys isn't that a bad idea removing them?
It's a 1c swing all day. It's a sign things are stabilising. If the volumes go up it will lead to a positive trend. It's good stuff.
Worth a little read for some background info on the leading cigalikr companies and c-store trends
https://www.linkedin.com/pulse/promising-technology-horizon-vape-on-watt-reviews?_mSplash=1
Always the gentleman!
This stock is flawed in many ways and it is not simply down to the management's financial handling or inability to arrest dilution and/or naked shorting. The main flaw is they are essentially a 'cig-a-like' company in a space that has favored higher power refilables for well over a year, yet has done very little to competes
The original OTC entry stated immense growth of electronic cigarettes as (mis)quoted by Wells Fargo. The simple truth is their assumptions were based on cig-a-likes dominating demand and ECIG being a major player with cash to spend on marketing.
ECIG is a house of cards. Without cash, they have no R&D, without R&D they cannot offer products the larger segment demands. With distribution but without any evidence of sales success, they attract no new investors.
CUIN you are flogging a dead duck my friend. I was hopeful of a turnaround but these last two weeks are proof enough that there will be no sudden influx of working capital until the Q2 announcement and by that time they may be finished. Defend your patience is a virtue ethos all you want but I could easily come back with a little story of a hare and tortoise
GLTA
But I heard there was 18 members at last count. Never mind let's leave that one; I read you previous messages and you're not pumping or bashing so even if you are affiliated to VIP (for example) you're behaving yourself! More likely you are an industry stakeholder like me. I have recently increawd my store count and dregistered two from franchise so now I own all of them. I'll be a visitor for sure, always looking for great juice!
Actually I was right on all points!
You seem to be fairly well read-up on the subject and interesting you know there are 18 members within ECITA - which of those do you presently work for then?
In the UK and through Europe (USA has own regulations) there is an influential trade association of which VIP and Vapestick are members, even their owners are directors, so as a trade body, ecita is looking out for its members' interests. They have recently voiced that the AVS is a satisfactory comprose instead of refilables, which must be why there is little advertising spend but lots more distribution for FIN's AVS. If there was only this type of device, millions of vapers would go back to smoking, buy black market goods or use the AVS but only to quit altogether. I really can't visualise these things ever taking off. They are certainly not cool to a Vaper as it's Betamax technology in a world of digital downloads.
Worryingly for public health this may be the only product on the market next year. I would rather do my load on this than see millions of people return to cigarettes tbh
VIP in the UK produces a starter kit that is more like what the market is buying into but as the industry is somewhat progressive, I would suspect that any new product development they will launch has spent 3-6 months in testing and is probably already old tech. That's the problem with trying to compete against 100 other China factories each with senior engineers just as qualified and on just as low pay as the big factories. There is no loyalty hence the theft of draft plans and serial counterfeiting. I suspect ECIG uses the biggest factory who can't be seen to clone or infringe patents. ECIG is a corporate now and suits just don't sell well into this market.
I think eliquid may be the way to go but it will cost them first and will need to acquire some serious street cred to be able to cut it with the big brand out there that use tattoo art and sexy girls to promote their wares. Dan doesn't seem the cross-dressing type but if it can happen to Bruce Jenner (bless her) it could happen to anyone