InvestorsHub Logo

VortMax

03/16/15 10:48 PM

#51732 RE: miilliondollarman #51711

was a $1B market cap last year, now is $50M. went down due to toxic debt. failed a $150M IPO last fall.

failed IPO due to the FDA hinting at regulations on ecigs.

ended up being massively over dramatized.

FDA can't do squat for many years. Plus, ecigs are likely better to inhale than cigarettes.

Wells Fargo says within 10 years revenue for ecigs will be more than cigarettes. Global market is $720B for cigarettes today and $3B for ecigs. So, ecigs go from $3B today to $360B in 10 years.

ecigs are going to make Apple look like a cigarette butt