Cost of sales on retail are awesome. We need a lot more stores and fast. Acquisition cost of stores was low. under $500K total! smart deployment of capital. The story here is turnaround begun and taking root. Yes we need more stores though. Would be great to grab like 10 or 15 or even more in one acquisition to get to profitability quicker.
Although still hoping for some shares bought back. might be in terms of capital raise though they cannot purchase shares. some insider purchases would be great here though then if so.
The vape companies are on tobacco's radar. vpco headquarters relatively same area. wouldn't be surprised if they haven't already been approached to sell out. I hope they stick with the current plan of building out a national footprint though.
Whatever is going on with this stock is bizarre. More clarity I guess after earnings. vpcou does factor into market cap net although at this point this stock is poised to become first real national vape brand. already a multistate regional branded chain. They could get to the 9 stores easily as they are buying small groupings.
I absolutely agree on a stock buyback. It wouldn't take much from the so called "war chest" to push the stock back up out of the gutter.
I don't although I like you say facilities in a multiple context and point out the heavyweight backers. You recognize this is stable. let's talk again when this starts skyrocketing in value and new stores piling on earnings next year. nice to meet you.
revenue will increase and losses will reduce. 10 more stores and we are profitable according to ceo in presentations. The real story is the topline growth. it will jump up and keep going higher. vaping super popular right now. margins should be amazing again.
Here's another one. goomoke was created a week ago. And check out over on investor hub board some guy named BerryH that was a recent register there that is touting some secret negative report that will be written about vpco. There is definitely some sort of organized effort to bash.
member since today? this confirms there are paid bashers here. And if they are here for a beaten down stock it is not outrageous to believe then that there is a suppression of stock price in strategic small lot sales.
wait til you see next earnings release. added stores. Probably do a $5M quarter reporting in November with a near 50% margin.
yes I think they are. why not stamp out vpco before it gets momentum? as the only nasdaq pure vape play if it builds out a national presence its a threat to both product mix and more so. . . sales channels. it will take time but could happen. vpco next move should be to open next shops or rebrand shops in Colorado, Washington, or Oregon to get sustainable volume and move the stock upward on mj interest to break the sellers advantage of dropping small blocks to bring the price down. then roll out aggressive store strategy. every store makes $$$. web site sales are the X factor that could supercharge growth although the stores would help that by building brand.
Every time this gets a move up suddenly on small volume it gets taken down. Wouldn't doubt big tobacco owns a big block they can sell out of. Or someone with an interest generally to see this stock drop. Makes no sense whatsoever that we sit as a market cap approaching near a quarter of revenue.
company could buy back stock too. wouldn't take much to get this back up over a dollar. the other thing is they could attract a small fund to baseline the bottom price. Get out there and campaign for the common.
This stock trading action is odd for nasdaq listed company. And the market cap is low enough someone could buy some nominal sized blocks and easily send it over a buck.