What on earth are you talking about? 12%. They will be paying 5 mill per year just in interest payment. Good luck getting to profitabilty when revenue is only 12-15 mill per quarter. Then on top of it shares willl rise from 50 mill now to ~200 mill soon enough, thats 300% dilution! Whatever shares you own now will be diluted to oblivion. Not to mention the warrant holders will short this into oblivion yet again knowing they can cover with their warrant shares. Not much upside until the shorting is over months and months from now. Dan has acheived improved financial stability but has sold you original shareholders down the river and ecig is still far from profitability. Dilution dilution dilution. Not good
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.