Replies to post #46584 on Electronic Cigarettes International Group Ltd fka

[TESLA777]

What your saying actually makes sense hawkeye612, Im not sure if all tobacco companies have to do that, never really paid attention to it.

The fact that these guys have to take losses on their products/inventory (what they call goodwill in the financials), and that the products have a certain shelf life, or may be considered perishable, they may have to do inventory like that and also receive payment as the product sells.

They may also have to take back older product that doesnt sell...just a though...anyone here in the business that knows if older products get shipped back to the manufactures or do the stores pay for and eat the losses on older inventory...