InvestorsHub Logo
Followers 113
Posts 19900
Boards Moderated 1
Alias Born 03/28/2007

Re: None

Tuesday, 11/10/2015 4:03:44 AM

Tuesday, November 10, 2015 4:03:44 AM

Post# of 385
The train wreck that was ECIG has been turned upright and is now about to leave the station. Latest Q has $15.4m gross revs and $9.3m net revs with an O/S just north of 70M. Annual revs for 2015 could be $55m+ with 4th qtr revs expected to be +25% over Q3 as organic growth starts hitting the top and bottom line. New management has made huge strides in clearing up the balance sheet and very soon they will be hitting the ground on a major tour to bring in institutional investors now that they've managed to get things back on track.

There are a large number of warrants outstanding but it was made clear that investors want a higher ROI before starting to exercise them but as revs increase the warrants should be integrated fairly seamlessly. Toxic debt has been refinanced as has high interest loans to more favourable conditions. The stock has also been targeted for serious short manipulation but that should be a thing of the past going forward.

I'd like to put forward ECIG as a P2DI as I think this could be multi bucks sometime in 2016.

IT'S BETTER TO TRY AND FAIL....THAN FAIL TO TRY! NEVER GIVE UP

Join the InvestorsHub Community

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.