Electronic Cigarettes International Group Ltd fka ECIGQ

[MIKALJAMES]

Hi Cuin2...Here are some of the items iI discussed with Mr. Schwartzer from March 22nd

Talked to Lenard Schwartzer today...he is the Bankruptcy Trustee out of Vegas. He was told that Strong was supposed to write the $3mil check for the tax debt owed and then decided he was done writing checks and let VIP go into Administration.

He also told me that the Bids coming in for VIP are for $26-30mil.....well below the debt owed. He said calm waters is not one of the companies bidding...but I would imagine they would use another name if they made a bid!

He said management asked if they could restructure under chapter 11 but the attorneys said there was not enough money.

Crazy....He told me Ecig...Owns Vcig (Never even heard of Vcig) which owns MHL. Vcig shows no worth.

After his review of the case...his conclusion is there is nothing to recoup from Ecig and does not expect any distribution from VIP sale!!