Sean, Do you agree with BJ's spreadsheet that fully diluted the market cap is still only around 132 million dollars? I would find that interesting because that is still a very low market cap for this stock IMO, extremely low. Last July I believe it was around a 500 million dollar market cap with sales not nearly where they are now? Also I have had two startups in my life both in the manufacturing sector, our annual sales went up at a rate of 40 percent a year, there was no way that we could support our growth from our receivables. We were constantly borrowing money until about 7 years later when our growth leveled out and then we became very profitable. Some of our loans were not perfect in the growth period, much higher interest rate then what of course was the going rate, at one point I even put up my house as collateral to get a loan on a piece of equipment.
I guess what I am saying through this rambling that I can understand how ECIG would have to do what they needed to survive during this growth period. Anyone looking at this without bias has to be amazed at the phenomenal growth they have had, and the potential of long term sales. JMO
Got to run, late for work. GL ALL
