Electronic Cigarettes International Group Ltd fka ECIGQ

[hawkeye612]

Did you read this part of the 10-q Pk? "First quarter revenue were negatively impacted by the lack of working capital to appropriately fund operating units AND PROVIDE PRODUCT INVENTORY TO MEET DEMAND" said Phil Anderson Chief Financial Officer of Electronic Cigarettes International Group Inc. To sum up with the 41 million dollar capital injection they now have POSITIVE WORKING CAPITAL. Sales in first quarter were negatively impacted by cash flow. Now it is obvious they can concentrate on sales rather then financing and with their connections with the Mansour Group their revenues will undoubtably reflect that in the 2nd quarter. Even more important to me is the fact their online sales went up what ten times? (Much more profitable way of distribution then the Wal Marts of the world) In addition their expenses will be coming down with Dan's cost cutting initiatives which will be reflected in future quarter's.

Trying to buy for less or did you perhaps short ECIG, PK?