It would not surprise me if the Mansour Group started manufacturing the product like they do with other products they also distribute...a nice synergy.

Kind of nice when a majority owner has the means to significantly push the product...

I am back in today. Great news. I have to hand it to Dan.

I was out the morning the annual came out. My investment decision was based on much higher Q4 revenues. I was shocked at the figure. I am watching closely but essentially waiting to see that convertible debt is eliminated, what the outstanding is at that time, and that expenses are under control, and that conventional financing is in place. It appears we are a ways from that. There are too many unknowns for me at this time. I will say that we appear to have a bottom here, so I can understand why this is attractive to get in. The problem is, manipulators can keep it anywhere if they need it to be, so they can dilute. I could say more how this played out, but I don't want to bash. There are lots of good people invested and I want them to do well. As I said, I am watching very carefully.

That is the same number posted in the original Q2 filing...which has always been available. I am seeing no material changes yet so people should be careful about what conclusions they draw from these amendments. Amendments can be very minor or significant, and I see nothing significant yet. It really is accounting housekeeping so far as I see.

I am not following... it states 15th day following March 16...

Cheers mate... I am sure you will be made whole again.

I guess weekends are not on calendars.

Don't worry at all..

Just means that a small part of something is controlling the whole part..

Tail is wagging the dog...

I tend to believe things are going at least ok...

"National advertising campaign in support of the new Advanced Vaping System from FIN® ECIG’s most successful new product launch with distribution in more than 30,000 accounts in less than 4 months since initial launch GRAND RAPIDS, Mich.–(BUSINESS WIRE)– Electronic Cigarettes International Group, Ltd. (ECIG), one of the largest electronic cigarette..."

It is difficult right now but longs will be rewarded. Remember this from January.

"Electronic Cigarettes International Group, Ltd. (ECIG) is one of the largest electronic cigarette companies in the world. ECIG has been rapidly expanding distribution throughout the world and has become the market leader in multiple international markets, including becoming a leading independent e-cigarette company in the United States. Recently the company developed and launched the Advanced Vaping System with major retailers that has met with unprecedented success."

ECIG bit off more than it could chew, and it is getting its debt under control. If ECIG simply had done a large equity raise and paid off its debt...there would be no gloom and doom. At the end of the day, this is the exact same thing...trading debt for equity, but it creates downwards pressure.

100% Agree...

Tesla, just talking worst case scenario... if those warrants aren't cut in half. No, we don't know current o/s. Even if sp is depressed due to dumping, it will eventually rise because undervalued, even if fully diluted.

I am counting on the financials coming out Tuesday after close...but who knows. Of course, sooner the better. We just don't know the plan.

I think it is clear that ECIG wants to deal with the pain now, and get the books balanced. Then, they can move ahead. Buckeye18 has made a couple of really good posts regarding this.

Nobody likes to go through this, but the fundamentals haven't changed.

Remember Bj's spreadsheet, about the market cap of ECIG, fully diluted... Right now, fully diluted, we are at around 50 million. That would be fully diluted.

Unfortunately, this is painful but this is how the balance sheet is getting cleaned up.

There is absolutely no connection with the share price, and ECIG's value. Debt is getting taken care of with this dilution.

Next week will be fun!

I am just saying there is not 280 millions shares to be dumped... it is misleading

Remember, this is all artificial and this is no reflection on the value of the company.

Keep your head up Honeycomb. I am perturbed that they put that 8k out with those warrants, and then did the RS with no other communication. I guess it easier not to care about the share price when it is options you have and not actual skin in the game. Ok, that is the emotional side.

The intellectual side is excited as anything. Our product is selling like crazy. No insider sales. Our day is coming... very soon. Once in a lifetime investment opportunity.

Yes we do.

Solid Q4 figures is what we need, no arguing with that.

Certainty is good. It is good to get this done and over with, as was the plan all along. Of course, the company wants as much flexibility as possible...re the 15-1. They don't want to do the minimum and not have flexibility.

Absolutely, they want to go to the NASDAQ. Q4 and 2015 Q1 revenue figures will be key.

There is still interesting news to come as well.

That is an excellent point because the lender could be sitting there waiting to lend, but needs the sp over a buck, for example. It would explain the short-time frame between March 24th, and the payout clauses.

I can't answer that with much confidence right now, but I think it can happen quickly. I appreciate what it said in the 8k about the PR beforehand, and normally, I would not expect a last minute notification, but I suspect we are as close as we can get to corporate jungle warfare right now, so throw the rules out.

I would like to know what was filed Friday with Nevada. If I thought it was important to my decision making, I would pay the $1000 and get it quickly, but it doesn't, so I won't.

If the amendment filed on Friday was for effecting the RS, it wouldn't make any sense that ECIG wouldn't PR it before someone could find out the details before the market with expedited faxed copy in an hour. That doesn't make sense to me.

I am very, very bullish on ECIG. There is a lot of noise. I expect a reverse split. Because the reverse split assists in stabilizing the debt concerns, it is very good for ECIG. I think we all know by now, ECIG is different. Of course, you will have posters dropping in and posting how RS are always bad, but they are bad for different underlying reasons. I disagree it is bad for ECIG. If the RS doesn't happen, even better, because that means the financial state is even better than we think.

ECIG has great brands, market penetration, top tier management... and advanced vaping system that has had "unprecedented" success according to the January PR.

To be honest, the only metric I really care about right now is Q4 sales. Increasing sales can take care of a lot of problems, especially with a savvy executive team. I don't care as much about the RS except to the extend it addresses the debt problem.

When I spoke to Phil, he emphasized they were working very hard on the cost side of things as well. That's what I like to here.

Thanks to Bj and Sean Boy for their discussion over the weekend. That back and forth actually made me more bullish on ECIG.

This is how I view it.

Isn't the tobacco industry about 800 billion... and ecigs are at a couple to a few billion...but we are at a peak? Not sure I am following.

Agreed, and I am cautious on this figure. However, I also think there is a chance that Brent let that correct number out knowing it was real, but being so very frustrated with the failed IPO and attack on the share price, he wanted to explain how well the company was doing. 100% speculation.

It would be almost too good to be true... all we can do is wait.

Thanks for reporting!

I agree we need to be realistic, and it was not formal guidance. Thanks to Shadyric for reposting the email... "which we have done going from essentially 1 MM in revenue 2013 to greater than 80 MM in 2014."

Wow, that would be a tortured train of thought if that was Brent was thinking. To compare revenues from year over year and then say greater than 80 million in 2014, but really meaning a pro forma based upon expected Q4 revenue alone. Really, who would talk like that without clarifying. Can someone post those emails again. Again, I am not taking any position as to the email, or context, or validity of it, but it appears legitimate.

The file date is 2014, not 2015 so it is a year old, not a couple of weeks old, and if my recollection is correct from the S1, there was a stay on the proceeding., whole some steps were being taken with the patent office. I did read the complaint, and there is absolutely no way from reading it, anyone could form a reasonable opinion of the merits. ECIG is vigorously defending this. All in my opinion, of course.

I think you are right. Maybe they are deleting the original directors... that was one of the options :)

Shareholders have to vote on a buyout... can't be that. Everything points to the RS amendment. Bj, you indicate it is a done deal when it is filed... different jurisdictions handle that differently. If that is the case, I have to think it is coming Tuesday, but perhaps we have better financing as well. Still, would be a very good scenario. I am going to research this, although we will know soon...

I agree T, an amendment of the articles would not be required just for a change of directors.

You will have to use your imagination, because I dare not spell it out. :)

Your comments fit with the theory that there will not be a RS on March 24.

I am going to have to disagree that a term contemplating paying it off in a week or three weeks is usual. Why would a sophisticated borrower and lender bother to include such a term, unless there was contemplation it could or would occur. I guess that is the question.