Dragni Dragnev

Will Electronic Cigarettes Intl Group Ltd. (OTCMKTS:ECIG) Pull Thorough?

by Dragni Dragnev April 20, 2015

Electronic Cigarettes Intl Group Ltd. (OTCMKTS:ECIG, ECIG message board) ended up 7% up in Friday's trading session in spite of the red start, but will it pull it off today as well?

Although currently the company has very few positive things going for it, it is fair to point out that it has prevailed against worse odds.

Evidently, even after all the misunderstandings, reverse split shenanigans, the terrible financial report and the company's CEO up and leaving, ECIG still has quite a solid following that still believe it is destined for great things.

Truth be told, presently it is next to impossible to tell if this belief will be rewarded in the long run.

On one hand, ECIG is a functioning entity, with assets, products out on the market and serious revenues to its name as it is.

On the other hand, the company's terrible luck, questionable management decisions and miscommunications in the past have cost investors dearly on multiple occasions for years now.

So, will ECIG prevail against all the odds and turn into a multimillion dollar profit machine? The answer to that question is - maybe, if this management is better than the last one. Still - don't to hold your breath.

Comments 6

1. Guest
May 04, 2015, 11:23AM

Quotes I think its a good solution for smokers. If they can only get the metals out of the vapors and clearly just have it as vapors , that would be good. The whole idea is to put a healthier alternative to smokers and second hand inhalers a piece of mind. I think vapor can be with a tweek or two, healthier for everyone. Still work to do on ecigd, but headed in right direction. It's like beer drinking, healthier not to drink but its gonna happen. I think ecig will succeede and will be profitable. I see a dollar within a couple of months. We seen a fifty percent increase within the last month. Coming soon again.

2. Guest
April 21, 2015, 12:27PM

Quotes It sounds like the same person that taught you english taught you finance. There is quite a difference between the word "Thorough" and "through."

3. Guest
April 21, 2015, 11:20AM

Quotes Forgot to add. In the case of E-CIG Ltd when the water runs dry you go to the well of convertible loan notes for the cash you need to keep going. Unfortunately for ECIG Ltd that particular well has probably run dry. OOPS!!!!!

4. Guest
April 21, 2015, 09:38AM

Quotes Simple lesson for 10 year olds. Current assets turn into cash and are used to pay current liabilities. If current assets are less than current liabilities you have nasty people coming to ask for money you don't have, company then goes bust, simple really dumbo!

5. Guest
April 20, 2015, 05:43PM

Quotes Hey guy you read the balance sheet but you don't understand it

6. Guest
April 20, 2015, 10:53AM

Quotes What "serious" assets???Have you looked at the Balance Sheet????? At the end of Dec it had current assets of $19m and current liabilities of $165m, i.e. net current liabilities of $146m. The company is broke. Unless it gets some idiot to stump up more cash (they may as well burn the cash instead)the future is fairly clear as afar as E-cig Ltd goes!!!

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