Electronic Cigarettes International Group Ltd fka ECIGQ

[Honeycomb777]

For newbies - coming to the board...welcome ! Good place to start is to read the stickies and understand that Dan and Phil have been brought in to clean up the toxic debt (and shorting of the stock) which caused the steep decline from over $4/share to 5 cents.

It is also important to state that o/s are just over 271 mil (steep rise due to conversions from noteholders) and a/s are locked at 300 million. If you read the last few press releases, they are already doing a great job of cleaning this toxic mess up and restructuring debt.

So we wait patiently until 3/10/15 where a reverse split is on the table (anywhere from 1:5 to 1:20) along with a proposal to increase a/s and create some preferred shares.

The company is growing (and revenue is impressive) but they are spending a lot...GLTA


* Mgt owns approx. 17%