InvestorsHub Logo
Followers 5
Posts 425
Boards Moderated 0
Alias Born 03/21/2015

Re: None

Tuesday, 11/01/2016 4:39:02 PM

Tuesday, November 01, 2016 4:39:02 PM

Post# of 87250
Attention:

Another New E-liquid (OHm-E) AND a new sub-ohm vaporizer on the VIP website.

NEW_PRODUCTS

[url]https://www.vipelectroniccigarette.co.uk/e-liquid/
[/url][tag]E-liquid[/tag]

The company continues to move forward with new products and technology.

I am a big believer in the company since the refinancing and they are quietly making the moves needed to increase revs and keep up with their competitors. I again will be shocked if all this activity since july 1 does not result in at least a 1 mill. increase in revs for Q3.

He did state that they have 20 new kiosks ready to go for Q3. So with that being said consider the math.

Assume each store sells $500 a day in general revenues. Times that by 20 stores and again times it by 30 days in each month on average = $300,000 per month and again times that by 3 months in a quarter = $900,000. I feel like 1 million is on the lower end. This does not account for the increase in QoQ of already existing stores as well as the expected increase in internet sales AND it also does not account for the increases in vapestick and FIN, albeit considerably smaller than VIP, and one can safely conclude that Q3 should show an increase of at least 1 million.

Any thoughts anyone?

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.