Email From CEO Brent Willis - Thank you for your message. I can tell you that I know of no one in the company or even semi-insider that we know of has sold a single share.
Performance-wise, the company continues to deliver – better than any other company in the sector that we can compare to or know of – with sequential revenue growth in the previous quarter of >40%, and underlying EBITDA margin of >50%, with EBITDA of >$3.2MM. I can’t manage the speculators or the buyers or sellers. All we can do internally is drive the performance of the firm …which we have done going from essentially $1MM in revenue in 2013 to >$80MM in 2014.
I am pulling our S-1 today, so any actions to uplist onto Nasdaq right now (like a reverse) is not on the table – my simple plan is drive the business, deliver revenue & profit, and live to fight another day.
Brent David Willis
Chairman & Chief Executive Officer
Electronic Cigarettes International Group
14200 Ironwood Lane NW
Grand Rapids, Michigan 49534
CREDIT TO Z DEVILLE
Buy and Sell at your own Risk. Dont point fingers, and make excuses. After all, wasnt it you that clicked the Buy Button?