Replies to post #23822 on Electronic Cigarettes International Group Ltd fka

[rayinbrooklyn65]

All great points, Hawkeye:

1. ECIG is an ongoing business concern that actually generates revenue; this revenue is forecast to increase dramatically in FY 2015 as the company is the number 1 retailer of electronic cigarettes in Europe - and expanding market for electronic cigarettes.
-- According to the company's filings with the SEC, in FY 2012, ECIG had revenues of $1.47 million; in FY 2013, the company posted revenues of $3.10 million; this represents a 120% increase in revenues.
2. The electronic cigarette, or "vaping" market is expected to increase dramatically from current revenues of $2 billion globally to over $10 billion within the next two years (FY 2014 to 2017).
3. The management team and Board of Directors are all accomplished businessmen with resumes that demonstrate high performance at Fortune 100 companies like Coca-Cola, Wal-Mart, Kraft Foods, and Fidelity Investments.
4. ECIG has an experienced management team with proven business acumen to navigate this company though its current debt restructure to greater market share for its products leading to higher revenue streams in a market niche that is expanding rapidly worldwide.
5. All of the aforementioned points lead to the logical conclusion ECIG is poised to make great strides in FY 2015 that are certain to increase price valuation for shareholders.