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Re: Babydean post# 1825

Friday, 05/23/2014 11:13:44 AM

Friday, May 23, 2014 11:13:44 AM

Post# of 62108
First off, VPCO has A pretty pro management team as well. They also already have over 60 stores. ECIGs deal was not for 90k stores, they AATAC has a collective 90k stores they simply have access to the 90k stores.

AATAC will be rolling out the Victory and FIN brands in an initial phase to 4,000 convenience stores, followed by expansions to other markets within the 90,000 outlets reach of the association.



ECIG got a deal for 4000k stores with the potential to expand. In no way does this mean they will get in to all 90k stores. They definitely could perhaps, but that would probably take a while.

The fact remains that ECIGs sales were $4,138,540 this past quarter and VPCOs were $4,792,544. But the big difference is that VPCOs net loss was $1,452,759 where as ECIGs was $85,102,314!!! losses were 20x more than revenues were. This is because they sold huge amounts of warrants for acquisitions and have huge SGA expense... etc It is going to take a crap load for ECIG to simply make up their deficit.

Another thing to consider is ECIGs market cap is massively overpriced, and they have tiny volume, so you probably couldn't buy to many shares even if you wanted to.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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