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trding

03/05/15 2:45 AM

#43940 RE: Tony_the_Tiger_1973 #43937

Yeah they is why they brought in new guys to improve the balance sheet and financing. Revs are increasing with each quarter. I am excited about what the Q1 numbers will be, with all the advertising and expansions. So they are just now becoming cash flow positive, my guess is during Q1. Each quarter this year will be better than the last.
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tbone8

03/05/15 3:12 AM

#43944 RE: Tony_the_Tiger_1973 #43937

False. Look again. Q3 net income: + $41,415,402. This is not a loss. Losses are encased in (these). This number is high because of the $38,688,174 in Advisory agreement warrants that were added back onto the balance sheet, after the our Chairman of the Board, William Fields (former CEO of Walmart) gave back warrants that were previously issued to him, due to the PPS decline. Those and over $20 Million in other fair value warrant adjustments. Granted there was a rather larger loss in the total YTD (9 months ending Sept. 30th) of ($63,856,980), mainly due to the general costs of building the largest independent ECIG company in the world from the ground up in very short time. Many of the costs involved in building their distribution infrastructure were one time expenses and will not be incurred in 2015's financials.

Please do not spread false information. Thanks