Replies to post #76575 on Electronic Cigarettes International Group Ltd fka

[yerboss]

I think $1.50 is a realistic target if you are willing to hold for another 2 quarters. Even at a maxed out OS of 300 million shares that would only be a market cap of $450 million. By the end of Q1 2016 we should be doing around $25 million a quarter for a forward run rate in excess of $100 million. That is a 4.5X revenue valuation which is reasonable in this sector that is expected to exceed revenues of tobacco in time.

If the company does an equity raise and buys out some of their debt/warrants it could justify a much higher price than that. remember it was $2 post RS with the significant risk of bankruptcy, toxic debt and no proven track record by new management.

[stayfocused]

I'm a gut investor also goose33. I know nothing about smoking but I think I've invested into a paradigm shift in the tabacco industry and will get a decent ROI if I have the patience to hang in here. GLTUA @ ECIG