52 Week Range: $0.05-$0.37
Avg Volume (3m): 24,020
Provides custom turnkey E-cig solutions
- Full suite of E-cig products including vaporizers, E-liquids, E-cigarettes, E-hookas, etc.
- Experienced in-house marketing, digital media, product design, packaging, logistics and supply chain management
- Established relationships in the retail, gaming and entertainment industries
White Label Services
Ability to customize an E-cig solution for new or existing branded products
- Gilla works with every client on an individual level to design and develop a product that is ideal for their customer base and fits their required price point
- Support sales through development of a complete online / e-commerce strategy
Active sales pipeline with major clients
- Servicing global tobacco companies offering alternatives to traditional tobacco products
- Scandinavian Tobacco Group UK: world's largest cigar manufacturer
- North American tobacco manufacturer with a global footprint
- Targeting large retailers and major corporations to brand their own E-cig product in the gaming, entertainment and hospitality industries
Charlie's Club (www.charliesclub.com) is a subscription- based, members only E-cig service
- Subscribers are charged a monthly fee based on their desired monthly consumption generating recurring revenues similar to the razorblade, mobile phone and printer cartridge models
- Convenient, affordable, and unique model for the E-cig space
- Focused digital media strategy optimized through affiliate marketing, loyalty rewards and downstream referral fees
Industry Landscape: E-Liquids
High growth industry
- E-cigarette users moving away from cig-alike products to vaporizers
- E-liquid industry experiencing expedited growth
- US E-liquid industry expected to grow to $2.8B by 2025
- Growing demand for US manufactured E-liquids
Fragmented E-liquid industry
- Hundreds of independent manufacturers
- No current market leader
- No existing/natural consolidator or buyer
- Assets available for sale at accretive multiples
- Independently unable to achieve economies of scale
- Mostly "mom/pop" owners who have experienced exponential growth
- Limited expertise to operate larger businesses
- Interested in exiting to "cash-in" on recent growth
Suited for Consolidation Play
J. Graham Simmonds, Director & Chief Executive Officer
Mr. Simmonds has served as a director and as Chief Executive Officer of the Company since November 15, 2012. Mr. Simmonds has over 17 years of experience in public company management and business development projects within both the gaming and technology sectors. Mr. Simmonds is licensed and/or has previously been licensed/registered with a number of horse racing and gaming commissions in the United States and Canada. Mr. Simmonds developed and launched the first in-home digital video horseracing service in North America and is a former director and partner in eBet Technologies Inc., a licensed ADW operator and software developer for the online horse racing industry in the United States. He is the founder and CEO of Baymount Incorporated, a diversified investment, financial advisory and venture capital firm focused in opportunities within the horse racing, gaming and technology industries and former chairman and CEO of DealNet Capital Corp., a merchant banking company focused on business process outsourcing and consumer financing.
Danny Yuranyi, Director, President & Chief Operating Officer
Mr. Yuranyi has served as director and as President and Chief Operating Officer of the Company since November 15, 2012. Mr. Yuranyi has over 30 years of experience in the transportation, logistics, and distribution businesses having successfully built and operated his own companies on a number of occasions. Mr. Yuranyi has held senior positions with Loomis and Gelco Express which was later sold to Air Canada. After helping build a division of Gelco Express from $1 million to more than $12 million in annualized sales, Mr. Yuranyi left to start a new business of his own called United Messengers which quickly grew to become the largest same-day messenger service in Canada. Most recently, Mr. Yuranyi has invested in building distribution relationships with European brands in the energy drink and bottled water businesses.
Ashish Kapoor, Chief Financial Officer
Mr. Kapoor has served as the Company's Chief Financial Officer since November 15, 2012. Mr. Kapoor has over 15 years of experience in providing capital markets advisory and assurance services as a finance professional. After obtaining his Chartered Accountant designation at Ernst & Young, Mr. Kapoor has gained over 10 years of experience in investment banking, advising client across various industries. As a senior vice president at Macquarie Capital Markets Canada Ltd., Mr. Kapoor was responsible for the Canadian telecom, media, entertainment and technology investment banking and principal investing group. During his 10 years at Macquarie, Mr. Kapoor completed in excess of $3B in successful principal investments and advised on a further $4B of mergers and acquisitions for third party clients. Prior to Macquarie, Mr. Kapoor obtained his Chartered Accountant designation as part of the Ernst & Young's Toronto practice and was awarded the Gold Medal for first place in Ontario, and the Bronze Medal for third place in Canada on the 2000 Chartered Accountancy Uniform Final Examination. Mr. Kapoor is also a CFA Charter holder and holds a Masters of Accounting and a Bachelor of Arts degree from University of Waterloo.
Board of Directors
J. Graham Simmonds, Chairman and CEO
See management bio
Henry J. Kloepper, Chairman of the Audit Committee
Mr. Kloepper has served as the Company's Lead Independent Director since April 13, 2013 and is currently the Chairman of the Audit, Compensation and Governance Committees. Mr. Kloepper is a leading financier and has been involved in investment banking and corporate finance for over 30 years. He brings a rounded knowledge of the capital markets, strategic growth, and investments. Mr. Kloepper is currently the CEO of Houston Lake Mining Inc., interim CEO of NWT Uranium Corp. and a director of Avieya Communications. Mr. Kloepper was previously a director and president of Mogul Energy International Inc. and has held executive positions with Award Capital, JP Morgan, Citibank, Bank of America, and North American Trust in the US, Canada, and Europe.
Dr. Blaise A. Aguirre
Dr. Aguirre has served as a director of the Company since November 7, 2014. Dr. Aguirre, an internationally known expert, author and lecturer in child and adolescent psychiatry, is the founding medical director of 3East at McLean Hospital, and is an assistant professor of psychiatry at Harvard Medical School. He served as an independent director of Investors Capital Holdings Ltd. from October 28, 2011 until its sale to RCS Capital Company (RCAP:NYSE) in 2014. Previously, Dr. Aguirre was a broker with Investors Capital Company having obtained his series 7 and 63 securities licenses. Dr. Aguirre sits on the board of directors that oversees the annual running of the Illinois Marathon in Champaign, IL. He was a member of the Medical Advisory Board of IVPCARE Inc. prior to their buyout by Walgreens. Dr. Aguirre has developed and maintains enduring relationships with institutional money managers and venture capitalists and has developed expertise as a small cap stock analyst.
Mr. Rich has served as a director of the Company since November 7, 2014. Mr. Rich is a successful television, film and theater actor and producer. He studied acting at the University of Texas and later at Cornell University, where he received a master's degree in theater arts. He began his performing career in New York performing on stage in many off-Broadway and regional productions. Mr. Rich has appeared in many television series, most notably on Murphy Brown and Reba. On the big screen, he starred in The Joy Luck Club, Flight of the Intruder, and the independent art film Prisoners of Inertia with Amanda Plummer. He has appeared in numerous television movies, with credits including Going Home opposite Jason Robards in one of his last performances. Mr. Rich appeared in the Company's Charlie's Club original online series called "Find Him. Bring Him In."
Stanley D. Robinson
Mr. Robinson has served as a director of the Company since October 29, 2008. In addition, Mr. Robinson was most recently a Geologist/Exploration Manager with Kilo Goldmines Ltd., a position he held since January 2007. He is an exploration geologist with over 30 years of experience in Africa (Angola, Democratic Republic of Congo, Ghana, Tanzania, Burkina Faso), Canada and South America. Mr. Robinson's principal technical expertise is in the management of gold and base metal exploration projects, from grassroots to feasibility stage, geological interpretations with an emphasis on structure and alteration, and in the identification of projects with economic potential. He has extensive experience in managing exploration projects in remote locations and in climatic environments that range from permafrost to tropical and semi-desert.
J. Graham Simmonds, CEO
See management bio
Danny Yuranyi, President & COO
See management bio
Google Finance GLLA
GLLA has paid EMC 300000 shares and 3500 a month.