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Re: uksausage post# 73389

Wednesday, 07/15/2015 4:09:02 PM

Wednesday, July 15, 2015 4:09:02 PM

Post# of 87250
Yes you are correct. I had to look at that 8K again for a refresher.

http://biz.yahoo.com/e/150702/ecig8-k.html

I agree that the numbers are certainly far from ideal, but one can only hope that Dan can show substantial improvement in the Q2 fins.

It's easy to forget just how dire of circumstances that Brent Willis put the company in, when he acquired so many companies last year on borrowed money, and put all his eggs in the nasdaq uplist basket.

Dan may have a history of being a miracle worker, but this is going to take some more time for a recovery. As much as I want to see this company cash flow positive, I think to see it by end of year is pretty optimistic. Myself being a realist, I'm banking on Q2/2016 unless the Mansour arrangement really takes off in Q3/Q4.

On that note, I would love to see a big jump in revenues from that stream, but as has been pointed out before, many countries in N. Africa and Middle East are still stringently anti-ecig. My speculation is that it's in part due to big T lobbying & under the table payoffs in those countries.

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