Replies to post #73139 on Electronic Cigarettes International Group Ltd fka

[Bergycb]

Yup gotta love volatility! If i ever go long and got the opportunity to bail at 1 i probably would. I fully expect the shares to dilute to 300 mill in a couple years. There are like 70 mill shares now and i believe around 200 mill warrants available at .75 to .45 and there will be more dilution. So a 300 mill market cap is just too much for me for a company that had just 45 mill in annual revenue , probably will have something like > 60 mill in debt and 100 mill in cash from warrants. But thats just me

And based on that 300 mill authorized shares by ecig that would put the present market cap at around 75 mill. Thats around 2x trailing sales which imo is not cheap. But again thats assuming all warrants are exercised