Electronic Cigarettes International Group Ltd fka ECIGQ

[Stockstuffer83]

Hi honeycomb,

That may be true but do not confuse that with it being true debt. It just shows that for several quarters they have only lost money and not made net profits to pass on as a dividend.

Quote

"Considerations
An accumulated deficit does not necessarily mean a company is in financial trouble. There are some cases in which a business might have an accumulated deficit and still have a strong financial future. For example, a young, small business that has yet to generate a profit.

One period of profit could turn its accumulated deficit into positive retained earnings"