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Re: Tony_the_Tiger_1973 post# 43937

Thursday, 03/05/2015 3:12:27 AM

Thursday, March 05, 2015 3:12:27 AM

Post# of 87250
False. Look again. Q3 net income: + $41,415,402. This is not a loss. Losses are encased in (these). This number is high because of the $38,688,174 in Advisory agreement warrants that were added back onto the balance sheet, after the our Chairman of the Board, William Fields (former CEO of Walmart) gave back warrants that were previously issued to him, due to the PPS decline. Those and over $20 Million in other fair value warrant adjustments. Granted there was a rather larger loss in the total YTD (9 months ending Sept. 30th) of ($63,856,980), mainly due to the general costs of building the largest independent ECIG company in the world from the ground up in very short time. Many of the costs involved in building their distribution infrastructure were one time expenses and will not be incurred in 2015's financials.

Please do not spread false information. Thanks



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