Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Somebody record the call!
No one else is gonna bring it up so I'll start us off. What will be the O/S? I agree that dilution is mostly over but still think it will be more than 70 million. I'm gaming for 90-100 million. Hopefully it's not too much but the churning down to the low 0.20s made me think new shares hit the market. Others please post your expectations.
Exit cause of a less than 5 percent red? How is that good advice? Weak.
I work at walgreens. Don't freak out. They are fully stocked here
Great find. Really good article showing revenues will increase substantially over time. ECIG is bound to feel that effect.
Haha, you really should calm down. I would hate to see you upset about something truly offensive. Ok I'll do some digging and if I'm wrong I'll let you know and apologize.
Please explain how it is fact.
You do not know if the rite aide contract has termed. You are just making assumptions. Please think before you type. People on here are making vague comments about it being discounted. That does not mean a thing.
You can't lose the shelf space of fin. It's in so many stores. The presence alone is worth so much. Plus the amount paid to buy them out is large. So large that they have to ride it out and see how the trend goes in the next several years. You gotta stop thinking that way.
Here is an excerpt from the last 10-q that really interests me and should help us see what the latest 8-k is pointing to.
"We are focused on rapidly securing additional retail distribution in both the domestic United States and international markets through strategic partnerships with key retailers and distributors. We plan on further penetrating existing markets and acquiring new customers by implementing our multi-brand/multi-product strategy, offering products across all price points, to satisfy the demand of consumers with varying preferences. We believe we offer retailers and distributors attractive margins as a result of our low-cost strategy and structured incentives.
Our goal is to become the leading independent e-cigarette company in the world. We expect to achieve that goal by maximizing our points of distribution, maintaining our low-cost strategy and continuing to differentiate our products and brands in order to resonate with consumers in local markets around the world. We have grown our business both organically and through strategic acquisitions. Our growth trajectory has been further enhanced by accelerating global demand for e-cigarettes over the past few years."
I have talked about this before but no real discussion has come from it so I will try again.
Per last quarter revenues they had 11 mill in sales right. And of that 9mill was "foreign" sales. So I interpret that as VIP and vapestick.
FIN is not selling well right now. That's ok, as the market goes up so will the fin revs.
Remember the latest pr? They made a point of saying increased synergy with vapestick and VIP.
I think management is going about this the right way. They appear to be taking a loan with a group that specializes in expanding distribution within international "foreign" markets.
This is becoming clear. Use VIP and vapestick to increase revs since they are the better seller and push them into other markets. They are the better brand right now and the best way to increase revs for now.
Look again
No one seems to want to talk about it so I will start us off.
In the last 10-q is shows that of the 11mil roughly 9million of it was from "foreign" sales. I'm going to take that as European sales which we can assume is from VIP and must have.
That means only 2million from VIP. This is thru both online and retail. I see that as an issue BUT also a great sign of health in the UK. 9 mill from the UK only is strong. Imagine if VIP could sell in other parts of Europe?
As for FIN, the sales are very poor and need cost cutting. The foothold they have is huge in stores like walgreens and walmart and gas stations. They need to find a way to increase sales in the US. That is a big goal they should have.
But the thing I try to remember is as the market grows so will our US sales.
Everyone here is so spastic. Yes dilution does appear to be occuring. Yes this is a bad thing. The part that everyone forgets is that the CEO and CFO can't profit until it gets back to at least a dollar and change or more ( options at 75 cents). It's so funny to hear people say how this is going to take so long to get back to 2 or even 3 dollars a share. As soon as a mansour deal is announced this will gain traction. The. Q-2 show more revs less debt less operations loss. Everyone should have a drink.
So I asked the IR people how the CEO can consider the new loan non dilutive and they said this
Thanks for the inquiry. The proceeds from the recent debt/warrant issue were used to retire the 12% convertible debt. So they largely offset in the calculation of diluted shares outstanding.
Glenn Garmont
Director
The Piacente Group, Inc. | Investor Relations
Is it possible that the "strategic business partners" are exercising some of their shares? That would then provide the company 45 cents for each one put into the market? Please phin and everyone else convinced of this naked short selling stop repeating yourselves. It's like a conspiracy theory. You will never be able to prove it even if you strongly believe. I feel like it's pointless to always talk about it everyday we are red.
Why not consider that our investors were told by our company to exercise some of their shares in a controlled way so as not to tank the pps and also provide more cash on hand? The pps today is not going to affect how they perform this quarter. It is severely undervalued but we shouldn't get all that worked up.
What is our thoughts on that?
VPCO also just got an 8-k saying that if they don't get their bid price above a dollar in 180 days then they will be removed from the Nasdaq exchange. They are scrambling for funding and a way to push the price up. They are actually in a really precarious situation. If they do not instill confidence that they can get back to bigger revs asap then they will be off the exchange. Don't get to excited about them. We are so much larger and have so much more potential. The debt issue is really scaring so many big money investors.
Everyone please use some simple logic
Many of those who have significant ownership in the company or have advantageous shares to convert are at a conversion price of either ~0.37 or ~0.45 or ~0.75. So when the CEO and CFO have shares that won't really profit them unless the share price is substantially above 75 cents should give you comfort!
All this squabbling about the share price is obnoxious. Yes we are significantly undervalued. Yes we have 220 mill in debt but we also have 120 mill in assets and made 46 mill last year. If our annual revs are about 45 then times that by two and divide it by the shares outstanding. Even if we had 100 mill shares outstanding we would still be at 0.90 cents. That is not including the potential for more that can come.
This talk about naked shorts is all something we can't and will never be able to prove. This is an investment. Please have confidence in it. Why do we need instant gratification and expect it to shoot to the moon right now?
I am excited to get another 10,000 shares this Friday if it stays this way.
The CFO said the 11 million in revs was lower than it could have been because of money issues. Well not an issue any more. So we can assume better than 11 mill. That is an improvement. 7 versus 10 suppliers. Costs will go down. Did anyone read the disscussion section of the 10-q? They are targeting expansion deals asap.
If it's not mansour then it will be someone else. Dan has been pretty good at doing what he says.
Just wondering,
Is the $41 million loan accounted for in the 10-Q?
I am starting to think no. If it was then we would have more than just $1 million cash on hand right?
What is our thoughts on this?
Thoughtful responses only please,
So if all the convertible notes from the toxic debt has truly been collected and bought out, what will the numbers for this coming quarter in regards to net loss? The majority of the net loss for this last quarter is mostly the result of convertible notes (~67 million). If the new investors are on our side and as the CEO continues to state that "all" the toxic convertable notes have been removed, we could see a net loss of very little?!
How good would that look if they would be able to show positive revenue stream.
So the question is: will there be very little, a moderate amount, or no convertible notes causing a significant net loss for Q2?
Attention Everyone,
I was looking at other vapor companies and I found something interesting I wanted to share.
A company called "The Vapour Group" is listed on the Nasdaq and sells only vapor products and only in the US.
Now, guess what they trade at and their outstanding shares count is and what their yearly revenue was ?!
They made only 15 mill for the year, the have roughly 30mill shares outstanding and they are at 0.96 cents.
Think about this; we make four times that yearly and have roughly the same OS. Therefore; we should be closer to $2 a share assuming 2 times yearly revenue (roughly 50mill) = 100mill at 50 mill outstanding shares if that is the OS once we see what the true number is for Q1 release in May.
This just goes to show how Important it is to get all this big debt behind us. That company is actually down by a lot in terms of revenues compared to quarters previous. But they are at 0.96 on the Nasdaq with only a quarter of the revs that we have. If we can move at a steady pace to get the debt issue resolved and not dilute greatly we could be at 2-5 dollars this year. I for one see this as support for our fair value price to be close to $2.
Their ticker is vpco.
Does anyone know how many more retail outlets we will have in q-1 compared to previous quarters? All I can find is TDR in Western Europe (Croatia), does anyone else know of new retail spots started in q1? Looking at the PRs this is all I could find. Any help is appreciated. Any guesses on how many retail spots this TDR agreement would net?
Hello again everyone,
This talk about late filing for the 8-k sounds incorrect to me. 8k is required when significant developments have occurred. If they were able to pay off the loan then an 8k would be needed. They most likely didn't pay it off by the deadline (not a suprise really), therefore an 8k would not be needed. Anyone talking about penalties or a late filing I feel does not understand the requirements for an 8k filing.
Hi everyone,
Can someone show me where they are finding the updated outstanding share account? I didn't see it in the financials that were released today. Thanks!
Question for everyone,
Is the dilution due to the old debts being converted? Or is the large volume due to so many trying to short the stock? We talked so much about the debt restructuring being addressed such that note conversions would be held off for a while post split. Please help me understand this. I'm down over 32k as of today.