Not good enough: I've seen their product in multiple local Walmart and Walgreens in my county as well as other states I have family in. Vapestick is massive in the UK which I have also seen in person as I do business in Oxford UK.
The pps crashed and we got diluted because the financial plan of this company was way too risky and now they paid the price. A future RS, with refinanced debt and growing revenue, won't kill the market cap. Relentless dilution and toxic convertible debt is what happened here. That's the opportunity. Distribution expansion results from growing revenue.
These facts refute that this is just another penny stock. The mishandled balance sheet structuring is public knowledge and understandable for those educated in finance. The RS may be unnecessary but even if it takes place as it may; restructured debt that we know has taken place re: SEC in combination with growing revenue re: murphys, Europe growth, and massive retail distribution growth the past year, and a national ad campaign to support retail placement...these things will not only prop up but propel forward the market cap which is wildly undervalued right now but definitely has appropriately gauged the risk profile until recently.
Bottom line: Ecig survived and maintained growth and now its time for the market cap to begin reflecting that.
