I was asked by a fellow retail investor in ECIG if I expect to see a pps in dollar range soon......As I said and posted already last fall: IMO after feb 2016 a new era will start...all national and international expansions will show effect...pps is not reflecting any relationship to Q3 financials (and Q4 will be even stronger; expecting growth for years to come) and revenue: Revenues of USD 15.40 million, Net Earnings of USD 9.23 million, and Earnings per Share (EPS) of USD 0.09. Gross margins widened from 14.41% to 44.86% compared to the same period last year, operating (EBITDA) margins now -10.75% from -99.97%."
Specifically to your question: Annual Rev 2016 will be ~100M...multiply that by 2 (conservative) and calculate with some non locked QS 100M shares (conservative) you will end up with a market cap/fair market value pps of $2 per share. Do I think it will necessarily be there by EOY...no; but possible. Major events could occur such as (pending) govenmental approval of e-cigs in egypt (see mansour group distribution), or a way more positive regulation of e-cics in US as expected (pending longer than expected for a reason), or institutional investors (see CEOs "roadshow" and connections) coming in, etc. etc. I do expect the pps, however closing in steadily on a dollar within 6 months.