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Re: EliteYoda post# 768

Friday, 04/01/2011 3:23:28 PM

Friday, April 01, 2011 3:23:28 PM

Post# of 1606
Good points. However, lawyers might wait to get paid. Suppliers would not, given the history of the company. At the last meeting the board might have decided on a plan of action for production for a new model. By financing from within they might be avoiding public disclosure of their plan of action. Or, banks mighty be leery of loaning money to a firm with such great recent losses. Also they retain full rights to any lawsuit proceeds, their only major asset. More clues will come with 4/25/2011 statements. A new model might take two months before a rollout. Time to place your bets!

The e-cig market is still in infancy. There are several paths they could take. The fact that they don't communicate more articulate plans may indicate they haven't decided which way to go.

If they are planning a model they might be wary of failing and just putting their toe in the water. There are some acknowledged experts out there they should be consulting with. I haven't heard anything. They might be considering a small initial run of, guessing, say 10,000 units. Depending on public reaction, they can choose their next step.