Electronic Cigarettes International Group Ltd fka ECIGQ

[jprise]

In regards to the people talking about the massive debt, Please take the time to read the Q. Majority of their liabilities are in relation to the acquisition of the companies and the loans used to purchase them. including depreciation of Good will. Look at the agreements for the purchase of these companies. ECIG paid large premiums when purchasing these companies. 50 million Dollars of their losses are associated with warrants and derivatives(Loans for the purchase of companies). Their actual operating loss is probably closer to around 15 mill. With all the time and resources they have spent to build the infrastructure of the company, and 40% quarter over Quarter growth, How long do you think it is going to take them to be cash flow positive? Not long in my opinion. The devil is in the details folks. Please read the Q and you will see what I'm talking about.