Friday, November 07, 2014 9:44:12 PM
I appreciate that PITA. I also agree, the beat will go on, and it will be in mCigs hands to quiet the critics with more deals with new distributors and repeat buys from the Korean distributor. If that happens, then we will be in good shape. I'm betting it will happen and will be interesting to see how soon the Korean distributor gets them to market and reorders.
Also, I expect margins go up slightly. The end user purchased made directly from the site and the WDR purchases will be at much higher price points than last quarter, but I'm sure we had to give up pricing power for such an order that was just placed for Korea. I'm thinking margins will raise, but the distribution deal will offset the end user purchase a bit. In the end though, we should see a nice bump in margins.
Good stuff the more I think about it. And not toxic debt. The company isn't perfect, but when you compare what they are doing to many others on the OTC, it really is a rare bird.
Also, I expect margins go up slightly. The end user purchased made directly from the site and the WDR purchases will be at much higher price points than last quarter, but I'm sure we had to give up pricing power for such an order that was just placed for Korea. I'm thinking margins will raise, but the distribution deal will offset the end user purchase a bit. In the end though, we should see a nice bump in margins.
Good stuff the more I think about it. And not toxic debt. The company isn't perfect, but when you compare what they are doing to many others on the OTC, it really is a rare bird.
Recent BTZI News
- Form C-AR - Annual Report • Edgar (US Regulatory) • 04/30/2025 07:59:58 PM
