Electronic Cigarettes International Group Ltd fka ECIGQ

[Stockstuffer83]

Hey Chuck,

It did not. The company was basically flat quarter over quarter. If you account for the sale of GEC then the revs were the same Q over Q. If you account for GEC I was hoping for 12million which is a 20% increase QoQ. The company didn't get new financing until sometime into Q3 so it is tough to really hound them about Q3. The company has got to draw a line in the sand and say "from here we expect an increase in revenue performance". Dan did to a degree start to talk like that with this past conference call at the end just before the Q and A section.

I constantly see new e-liquid being sold online at VIP and then it goes out of stock, they get more in and then it is out of stock again. This has been happening mostly in the fourth quarter PLUS the new vaping devices also have been going the same way (the cool fire IV) so I have a positive outlook for Q4.

People really need to look at the 8-k from yesterday and just see how much money and effort the online GEC section was.



Last year GEC made 7.4 million (not a small amount right?) BUT
the money spent to get 7.4 was 9.4 million. They lost 2 million.

Even for 6 months into 2016:
the amount made was 4.7 million but the cost was 5.7 = negative 1 million. That means the trend would have been another 2 million loss at the end of 2016.

Think of how much more VIP can be if they spend that much money and time equal to GEC? AND how they would very likely gain a profit versus swallow a loss just to sustain revs with GEC