Wednesday, December 30, 2015 2:13:44 PM
http://dailycaller.com/2015/12/14/media-bias-exposed-popcorn-lung-chemical-750-times-greater-in-tobacco-vs-e-cigarettes/
It's interesting how the Harvard study was published on December 8 and it took less than a week for Boston University to respond.
Now I'm not sure if it's better for VHUB that the Diacetyl claims are not true/problematic or if Boersi's citation of how VHUB is on top of the issue by having products that are free of the chemical. But in either case, there is a strong bullish event going on for this stock which is showing how VHUB is an enlightened industry leader.
Beyond that, I guess I'll chime in on the recent debt refinancing. First, this is all about relatively small amounts of debt in relation to the market value of the company. Second, the 15% charge for refinancing may be a lot in relative terms, but not a lot in absolute dollar terms. Third, this refinancing completes the picture that was begun by the incremental 60K in new borrowing a few weeks ago - and that picture looks like that of a breakeven, maybe better, fiscal quarter for the company, with the extra borrowing utilized for working capital purposes as inventory needs to expand to meet increased sales.
Wishing you and the rest of the "faithfuls" here the best for the new year!
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