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Alias Born | 04/30/2014 |
Sunday, March 29, 2015 5:14:23 AM
For the FA guys... Resnick Distibution is huge money. High probability they get acquired in their space and $vpor could indirectly go national as a consequence. Their e-liquid lab meets current FDA standards so they're good to go. Annual report due next week should support well over a mill in revenue with less debt and improving margins.
Current valuation: http://twitter.com/K_Decoque/status/573192258947833858/photo/1
For the TA guys...double bottom breakout move calls for spike to .0053 on next leg up before consolidation.
I have been working with the numbers to gauge where this could be in six months and it could easily be around .03. That's a 2,000% gain. This hasn't sold off because of bad fundamentals. It was pumped last spring straight after the reverse merger, dumped by said pumpers, shorted by the toxic lender to get below .01, and then contractually the lenders were allowed to start conversion early to avoid lower returns of traditional repayment. This has been a long road, but with the conversion almost done, there will finally be a fair chance for this one to breathe.
2015 Outlook
PPS should continue to ascend toward fair value as the artificial selling subsides and short covering begins. Debt free very soon, as hinted by the CEO.
Expecting about 3B shares to be on the market once complete, which supports a price at .03 minimum with current audited financial information.
Expecting annual report by March 31.
Expecting debt clearance by second week of April.
Expecting Q1 fins with additional revenue stream (VGR Media) included by May 15. With positive numbers and strong guidance .03 is highly probable by the end of summer.
Tons of updates coming once the note conversion ends.
If all signs point to growth, it's going to be a beautiful year with shares around .05 without buyback.
Best current valuation of shares: .035.
STRONG BUY
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