ECIG,,, all this accounting, debt,
finance and banking, is all fine, to learn
not easy to digest, and not even easy
to make forecasts. Its good to know
HOW MUCH DEBT there is,,, in covertibles,
taht is true,,,,
but with all this great knowledge, all it took
was, , " WE ARE NOT GOING TO UPLIST TO NASDQ"
and all of a sudden the Debt became an issue.
in fact, im surprised they even have this debt
since 10Million shares, sold at $7 would have
WIPED IT OUT,,,, but this was not done,
so seems like there is MORE to it than just numbers,
im not a CEO nor CFO,,,, of a listed company,
but the debt was easy to get rid of or refinanced,
seems to me there is more to it,,,, DELIBERATE
to bring the price down is what i see.
there is still room for RISK bying an selling,
lots of moving parts,
my take is,, if yoiu wnat to be a good trader in OTC
or NASDQ,,, knowing DEBT structures can help you
NOT jump in,,, but once you are in,,, its PRICE<
volume, shorts, longs. AS OS and investor
pschyology that counts, in Trading, IMO
i still am BULLISH on this stock and dont think that
it can be easily bought out on the cheap, but sometimes
they do,,, if there is a buyout, im looking at $6 or more
cheers
good report, and thanks
dd
