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American Heritage Follows up Positive News with Steep Drop in Price by BrokerBank Securities, Inc.


News provided by

BrokerBank Securities, Inc.

Mar 27, 2014, 07:00 ET

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NEW YORK, March 27, 2014 /PRNewswire/ -- American Heritage Inc. (OTCQB: AHII) E-cigarette maker announced on March 21 that it had sold out of more than 20,000 of its e-cigarette sticks. The news comes nearly a week after the company announced that it had reached agreements to expand its distribution efforts. The company's products will soon be available in more than 400 stores in California, Florida, Texas, New Mexico, New York, and Oklahoma. Only days after announcing expanded distribution of its e-cigarettes, American Heritage, Inc. saw its value slashed by 50 percent.

Despite the two pieces of positive news, investors have turned sour on the stock. On March 25, the company dropped by 50 percent, from $1.40 per share to $0.70 per share. Prior to the steep drop, the company's stock had climbed from $0.05 to $1.60 in only 10 months.

The drop in price seems contradictory to the company's most recent news. Some believe the drop may be related to an ongoing internet and direct mail campaign to promote the company's stock. For all of its efforts in expanding distribution, the company has seen little in the way of financial results. Third quarter 2014 reports show that American Heritage hadn't had any revenue in more than a year and had only $13,000 in cash available.

Are investors spooked by questions about the company's financials and promotional efforts?

To learn more about AHII and view a full analyst report that includes market overview, products and distribution, stock performance, financials, analyst summary and recommendation use the link provided below.

http://bit.ly/AHII-AnalystReview

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FORWARD-LOOKING DISCLAIMER

This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Mark Bonacci, Chief Analyst. An outsourced research services provider represented by Mark Bonacci, Chief Analyst provided Small Cap Street, LLC this article or report. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. Small Cap Street, LLC and BrokerBank Securities, Inc. are not entitled to veto, interfere or alter the articles, documents or report once created and reviewed by the outsourced research provider represented by Mark Bonacci, Chief Analyst.

If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected]. For any urgent concerns or inquiries, please contact us at [email protected].

NO WARRANTY OR LIABILITY ASSUMED

NIHD has not compensated Small Cap Street, LLC, BrokerBank Securities, Inc., or Mark Bonacci, Chief Analyst for the creation or dissemination of this report. Small Cap Street, LLC and BrokerBank Securities, Inc., is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Small Cap Street, LLC and BrokerBank Securities, Inc. whatsoever for any direct, indirect or consequential loss arising from the use of this document. Small Cap Street, LLC and BrokerBank Securities, Inc. expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Small Cap Street, LLC and BrokerBank Securities, Inc. do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

Small Cap Street, LLC is the party responsible for hosting the full analyst report on smallcapstreet.com. BrokerBank Securities in the party responsible for issuing the press release and Mark Bonacci, Chief Analyst is the author of research report.  Information in this release is fact checked and produced on a best efforts basis by Mark Bonacci, Chief Analyst. BrokerBank Securities, Inc. has been compensated one hundred dollars by Small Cap Street, LLC to issue press release. Mark Bonacci, Chief Analyst has been compensated one hundred by Small Cap Street, LLC for the right to disseminate press release and research report.

BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.

SOURCE BrokerBank Securities, Inc.

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