Electronic Cigarettes International Group Ltd fka ECIGQ

[Stockstuffer83]

Anyone else happy with today's limited drop in price? It shows that the pps is pretty much bottomed out even with this flat revenue report. Still, the market cap should reflect yearly revs which are in the 40-50 mill range and with no interest payments due or debt due for 4 years the PPS should be closer to 34 cents.

Once they show increased revs and if they can push it to 1 million or more in EBITDA hopefully by Q4 the pps should respond very well.

They still have enough cash for the next few quarters. 800k from GEC sale and the 4 million in july of 2016. the 8-k yesterday showed they had cash and cash-equivalents of 1.6 million as of the end of june.

I imagine cash in the amount of 2-3 million still on hand at the end of Q3.... just have to wait for the 10-k on that.