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Re: 2times2 post# 67191

Saturday, 05/02/2015 5:26:32 PM

Saturday, May 02, 2015 5:26:32 PM

Post# of 87250
I am suggesting that if you don't know the structural obstacles you face before choosing your entry and exit point in any stock you are at a distinct disadvantage and will pay a price for your laziness.

ECIG has those barriers at $0.45 and between $0.71 and $0.75. The $0.45 barrier is not of concern to me as it hasn't seemed to hold the stock down. I believe the higher barriers will pose a challenge that may keep us under $1.00 for a while (unless informal agreements have been made between option and warrant holders).

It will likely depend on the company's progress over the next quarter. If Dan can bring down COGS and build revenue and become cash flow positive then I think those derivative holders will sell in an orderly fashion as is the norm with institutional investors.

If Dan fails to achieve these things investors may well sell aggressively to get out and invest elsewhere (opportunity costs must be taken into account).

I have faith in Dan's ability to execute a business plan and believe we will see orderly liquidation that allows the stock to move up gradually and sustainably.

I would really appreciate, however, that Dan be good to his promise of being transparent and open with shareholders. This financing was described as non-dilute and it turns out that PR was complete bullshit. Why he would state that when he has to file the actual contract that shows huge dilution is either a mistake (huge one) or it was him underestimating the inclination of us shareholders to read filings. I personally think he should issue a retraction of the PR and deliver on his promise of transparency.
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