Hey gman, I see last quarter as a start point. What the financials show is that this company has turned some profit. This is a very good sign, considering that a lot of the other ecig stocks have been recording losses.
I agree with you that there are a buttload of shares out there, but also think that this is the company, of all the companies in this sector, that has the best chance of breaking out. So many OTC stocks are a sham, this is certainly not one of them. They are making the proper moves and are complying with not only all SEC regulations but also have products that don't infringe on any of the ecig regulations underway.
IMO, the next few quarters will show significant increase in revenues. The company is doing the right things to create more sales, they have invested in more product, they are going to the events, like the Cannabis Cup to promote their hardware and are looking to establish themselves on the ground with the brick and mortar shops.
I don't know about it being worth a dollar a share any time soon, but can easily see this company going to .20 or .30 cents a share. That's realistic, IMO.
Good luck to you!! And thanks for the question. :)
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