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Electronic Cigarettes International Group Ltd. (ECIGQ)

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Last Post: 1/22/2018 1:31:42 PM - Followers: 458 - Board type: Free - Posts Today: 3

                                                                                    Electronic Cigarettes International Group, Ltd.



1. Victory ECIGs pursues multiple Acquisitions with convertible debt, Uplist to NASDAQ to raise funds to pay off acquisition                                          

2. Uplist fails because brands weren’t strong/ecig overpaid for the acquisitions
3. Default on debt simultaneous to out of date products not selling/being expensed as obsolete
4. Toxic debt converts/shorting drives price per share into the floor


1. Old leadership out, new leadership in promising to fix balance sheet
2. 15 for 1 RS, maintain 300 million AS
3. New financing pays off and restructures old debt – no longer toxic
4. Maintained major distribution partnership with Mansour
5. Q1 and Q2 2015 focused on restructuring balance sheet, cutting costs, merging the acquired companies together, and establishing a strategy moving forward
6. Q2 2015 conference call confirms goals for first half of year were accomplished and we have a new strategy moving forward

Opportunity Summary: ECIG is a major turnaround prospect since the addition of new key personnel and the successful implementation of major financial and operational restructing during the first half of 2015. Low market cap, high debt, and large revenue potential creates high risk, high reward opportunity. Recent developments show progress in key strategic areas and give cause for optimism. 

Corporate Website



 Dan O’Neill brings a wealth of global experience as a senior leader in consumer packaged goods to the newly created role at ECIG. Throughout his career he  has led  transformational growth and delivered superior financial performance in a range of geographies and complex business environments. Prior to joining ECIG, Dan was the President and Chief Executive Officer of Molson’s, one of the world’s largest beer companies. Before Molson’s, Dan was the Executive Vice President of H.J. Heinz, a President at the Campbell Soup Company, and Group Managing Director at S.C. Johnson, with leadership roles in North America, Europe, and Latin America. Dan began his career at Colgate Palmolive, following earning a Master’s degree in Business from Queen’s University and a Bachelor’s of Arts from Carleton University in Canada.
Bloomberg Profile Link
Phil brings more than 20 years of experience in financial markets, with particular depth in balance sheet structuring and cash flow management. Prior to joining ECIG, Phil worked with the Pinnacle Family Office, a Dallas-based family office investment fund which is an investor in ECIG. At Pinnacle Fund, Phil oversaw investments in both public and private companies. Prior to joining Pinnacle Fund, Mr. Anderson was the director of research at Siar Capital, a family office specializing in micro- and small-cap public and private investments. Prior to his time spent with Siar Capital, Phil performed sell-side research at C.E. Unterberg and Ladenburg Thalmann. Mr. Anderson holds a Bachelor of Science from Ithaca College and a Masters of Business Administration from Hofstra University.

Bloomberg Profile Link

Other Q2 2015 Personnel Additions:

27 years experience at SC Johnson as Director of Sales for major accounts such as Costco, Safeway, and Dollar General. According to CEO, these are accounts that ECIG is targeting. 
Experience also includes Customer Marketing Department working with cross functional groups to develop business plans across entire organization. Managed the following brands: Ziploc, Glade, Windex, Pledge, Scrubbing Bubbles, Drano, Shout, Raid, Off!, and more. 

LinkedIn Profile


Former Perdue Farms Director of IT. Perdue farms employees 10,000 people and has over $5 billion in revenue per year. Tasked with internal efficiencies and supporting online sales. IT and Operations executive with 20+ years of experience managing IT teams, providing vision, expertise and leadership for various industries, including Real Estate, Finance, Gas & Oil, Manufacturing and other enterprises. Effectively transformed IT and Operations departments, built teams and state-of-the-art facilities and IT environments for large and small organizations.

LinkedIn Profile


Gets credit for financial earning timely filing and cleanup. Tasked with improving cash flow management


Tasked with improving cash flow management and timely/accurate financial and accounting management


Tasked with "leading a review of the US market and bringing an analytical approach to the business, as well as strategic category learning." 


Approximately $50 million annual revenue from VIP, Vapestick, and FIN brands ** FUNDAMENTALS SHOULD TAKE HOLD AS TURNAROUND GETS NOTICED


First VIP Kiosk in USA opened in January 2016.

VIP Kiosk at the FlatIron Crossing Mall (Photo: Business Wire)


USA Stores which carry ECIG's FIN Brand include:

SHELL         AM/PM

UK Retailers Include:

SHELL           LONDIS

Over 100 kiosks throughout the UK and Ireland sell the VIP brand. During Q2 added additional kiosks in Spain and Nigeria. 


Process (Strategy)

* 6 pillars for the short term strategy moving forward have been determined as of Q2 2015 and are as follows:

1. E
stablish VIP as an international premium brand
2. Utilize FIN and Vapestick as traditional, mainstream retail brands
3. Expand into non-traditional channels
4. Strengthen organization talent pool
5. Be a low-cost provider

6. Improve working capital

New CEO Mission: "To deliver profitable growth to enhance shareholder value"
Differentiating approach: To target sales channels, not specific countries

Key quotes from Q2 2015 conference call:

1. "I have realized several of you are very disappointed I have not spoken sooner or flooded the market with all sorts of press releases. Very simply I was not ready and the company was not ready. I wanted to have visited and spoken personally to all our constituents, whether it be our suppliers, the management teams of each company, our customers and from these conversations and work sessions pull together in overall strategy that would successful guide the company to become the most profitable independent electronic cigarette company in the world, delivering profitable growth to enhance shareholder value." - Dan O'Neill, CEO

2. "In closing, I would like to advise everyone that conference calls and press releases will focus and be directed toward the six key strategic drivers. In some quarters, there will be advances in one area, while in the next quarter the focus may switch to another driver; but the goal will never alter to deliver profitable growth to enhance shareholder value...
I think the key focus from here on in, apart from the (quarterly) calls, will be strategic announcements. And if you see an announcement, just refer to those six pillars, the drivers and you will see how we are focused in that area." - Dan O'Neill, CEO 


Share Structure


Outstanding Shares (OS): 75,311,764 (as of May 11, 2016)
Authorized Shares   (AS): 300,000,000

AS OF 6/30/2015
Warrants: 285,953,833
Stock Options for Employees: 30,796,317
Fixed price Convertible Debt Shares: 37,682,111

"As of June 30, 2015, the Company has 300,000,000 common shares authorized of which 70,482,486 were issued and outstanding. The Company would need approximately 330,000,000 common shares to accommodate the exercise and conversion of all of the common stock options, warrants, convertible debt, and unvested restricted stock presently outstanding, and would not be able to accommodate all such exercise and conversion requests through the remaining unissued common shares. Accordingly, the Company could be required to settle a portion of its warrants and derivative liabilities in cash which requires that they continue to be classified as liabilities rather than equity instruments."

Benefical ownership (as of December 31, 2015)

 Number of
 Name of Beneficial Owner Position with Company Shares (1) Percentage (2)

 Shareholders Owning 5% or Greater:
 Man FinCo Limited Shareholder 23,692,257 (3) 30.01 %

 Directors and Executive Officers:
 Daniel J. O'Neill Chief Executive Officer and Chairman of Board 19,844,526 (4) 20.83 %
 James P. Geiskopf Director 542,857 (5) *
 Craig Colmar Director 322,857 (6) *
 David Karp Director 322,857 (7) *
 Philip Anderson Chief Financial Officer, Secretary and Treasurer 2,484,458 (8) 3.20 %

 All Directors and Executive Officers as a Group (5 Persons) 23,517,555 23.91 %


ECIG Market

The electronic cigarette industry is one of the fastest growing consumer goods categories worldwide. The category is only a few years old, but already exceeds $1 Billion dollars in sales with the largest market for electronic cigarettes being the United States.  99% of all e-cig consumers are cigarette smokers in search of a healthier alternative, or looking to be able to smoke in places where traditional cigarettes are not allowed. This is particularly attractive for the electronic cigarette segment as the tobacco market is $720 Billion in size, which provides a tremendous source of growth for electronic cigarettes.  The e-cig segment is still in the very formative stages, both in terms of product and market structure. The category is less than five years old and has been essentially doubling every year since inception. Importantly, less than 10% of all smokers have ever tried an e-cig, so over 90% of the opportunity is still in front of the industry. As a result, leading industry analysts predict that e-cigs will achieve from 15% to over 50% share of the broader tobacco market in the next decade.  Given the size of the tobacco Industry, this equates to a size of segment of e-cigs of between $110 Billion and $360 Billion over the next ten years.

Bonnie Herzog, from Wells Fargo Securities and one of the leading industry analysts predicts sales topping $10 billion by 2017. “The long-term growth trajectory of the category will be robust.  Use of electronic cigarettes could overtake consumption of traditional cigarettes within 10 years.” While difficult to predict, we think it is possible that consumption of e-cigarettes could outpace traditional cigarettes over the next decade, especially given the rapid pace of innovation and consumers' demand for reduced harm products," Herzog said.
Goldman Sachs’ Judy Hong describes e-cigarettes as basically all the good stuff about regular cigarettes but none of the bad, and Goldman has listed e-cigarettes as their number one extraordinary technology forcing businesses to adapt or die. "Imagine a product that is possibly >99% less harmful than cigarettes, delivers a similar user experience and offers a better economic bargain—this is the proposition of electronic cigarettes (e-cigs)."



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#87022   Not sure but 600% past week or so. Garyst 01/22/18 01:31:42 PM
#87021   Can someone explain what’s going on Freaky ty 01/22/18 12:16:10 PM
#87020   Something is happening here.. blize 01/22/18 09:37:25 AM
#87019   Y’all see Volume Freaky ty 01/19/18 01:14:16 PM
#87018   Yes, the empty shell could become something else... Full Contact Yoga 01/12/18 09:12:03 AM
#87017   A lot of bitcoin and crypto companies are SINCERELY2 01/11/18 09:54:28 PM
#87016   the ticker could also be sold or merged SINCERELY2 01/11/18 09:53:21 PM
#87015   Very low dollar volume. But, tons of people Full Contact Yoga 01/11/18 07:26:58 PM
#87014   Stock is not dead and has upward pressure. weakknees 01/11/18 05:15:08 PM
#87013   Chapter 7, company dead. Full Contact Yoga 12/27/17 02:14:20 PM
#87012   They already have. All the parts have Full Contact Yoga 12/27/17 02:13:21 PM
#87011   I wish. This company has been dead in yeag1717 12/23/17 11:56:54 AM
#87010   Something is going on Freaky ty 12/22/17 10:43:47 PM
#87009   ECIG sold Fin during the BK .. Vapor5150 12/21/17 07:20:46 PM
#87008   pretty sad if all they have left is iswhatitis2 12/21/17 06:04:17 PM
#87007 blize 12/21/17 03:30:43 PM
#87006   There’s business in the UK.. Has a online Freaky ty 12/21/17 12:18:23 PM
#87005   im guessing this has completely been destroyed? they iswhatitis2 12/20/17 03:49:39 PM
#87004   Is it possible that the Ecig VIP Company Freaky ty 12/12/17 09:27:31 PM
#87003   ECIG owns FIN. Website is up and running blize 12/11/17 10:29:56 AM
#87002   Yes still making and selling products. They must GVInvestments 12/08/17 07:32:15 PM
#87001   the publicly traded company is defunct, Chapter 7. Full Contact Yoga 12/04/17 11:53:47 AM
#87000   Fin products are still being sold.... Any new Freaky ty 12/01/17 02:52:30 PM
#86999   Nope. Going through Chapter 7... Full Contact Yoga 11/13/17 11:55:44 AM
#86998   Is Ecig in business?? Freaky ty 11/13/17 10:04:21 AM
#86996   In case people do not know and are trding 10/24/17 08:54:15 AM
#86995   It is a public company and will be yerboss 10/15/17 12:24:21 AM
#86994   Can someone explain to me why this is blize 10/13/17 05:52:19 PM
#86993   It's Chapter 7, so there really shouldn't be Full Contact Yoga 09/05/17 09:39:26 AM
#86992   how long will the ticker stay active? wonder yeag1717 09/04/17 02:39:47 PM
#86991   Whats happening here the last couple weeks? Bjdev89 08/30/17 11:58:49 AM
#86990   Not sure. But, there won't be anything left Full Contact Yoga 07/13/17 11:21:09 AM
#86989   The shell might still have value. I wonder HighPeaks 07/10/17 08:24:15 PM
#86988   No, it doesn't, it can simply go BK, Full Contact Yoga 07/09/17 05:54:08 PM
#86987   It has to go to .0001 somehow xxassaultxx 07/09/17 01:13:00 PM
#86986   Is there any reason as to why ECIG Freaky ty 07/09/17 12:36:17 PM
#86985   power forward, playfullyhappy 07/01/17 06:31:20 PM
#86984   yerboss, In bankruptcy the common stock shareholders are the playfullyhappy 07/01/17 06:27:42 PM
#86983   It has to go to .0001 somehow xxassaultxx 06/28/17 08:33:34 PM
#86982   Who is trading this & why? MIKALJAMES 06/28/17 03:05:12 PM
#86981   The pubco is legally controlled by the equity yerboss 06/28/17 02:39:56 AM
#86980   Bk--.0023,and at 2.00 I begged everyone here to power_forward 06/27/17 12:21:58 PM
#86979   How cruel. HighPeaks 06/22/17 11:20:38 AM
#86977   If Strong wants the ECIG shell he needs yerboss 06/10/17 03:11:37 PM
#86976   I don't think he'll have to exercise anything. Full Contact Yoga 06/05/17 10:32:57 AM
#86975   Right. Strong can exercise enough of his warrants yerboss 06/02/17 05:36:59 PM
#86974   Debtholders will receive all the assets, including the Full Contact Yoga 05/28/17 03:05:06 PM
#86973   what about the ticker ECIG being purchased by yeag1717 05/28/17 01:12:26 PM
#86972   It can't, chapter 7 eliminates that possibility, commons Full Contact Yoga 05/24/17 09:00:18 AM
#86971   Anybody think the ticker (ECIG) will be bought yeag1717 05/23/17 06:20:20 PM