Thanks Div, I wish you a happy Easter as well!
As far as my comments on ECIG, the 10k was bad there was no way to dress it up. However after some thought I do believe that Dan and Phil wanted to write off everything they could to get all the skeleton's out of the closet.( acquisition write off was excessive to lump it all in at once) However if I were them I too would have written off everything I could on last years balance sheet,the bad from last year can be attributed to prior management mishandling the situation with a lack of a back up plan after the IPO failed. I am anxious to see what a year or so under the new management team will accomplish. Dan Oneill and Phil Anderson are both highly intelligent men and have very successful business histories. They knew very well what they were getting themselves into before they accepted their positions at ECIG. I believe that the worst is behind us, doubt if we see anything lower than the share price we saw this past week going forward. Already looking forward to the 1rst quarter financials in May and bet the sales number will be much higher than 4th quarter of last year and progress in reduction of debt.
I am still holding a sizable position in ECIG.
I haven't been posting allot lately, as many of the comments here are not really productive, hoping for more clarification soon from management and their forward looking plan for the future.
Have a great Easter!
