Replies to post #61466 on Electronic Cigarettes International Group Ltd fka

[linkerboy]

Its not exactly a cash-loss. Devaluation of acquisitions, tangible and intangible assets what was recorded at fair value. Market conditions and events, exchange rate, inventory status at time of acquisition, other factors effecting valuation some which can change from year to year. They had to uprade and replenish in their acquistions which effect valuation for the current record period. Its just numbers. Bottom line they have significant revenues.