Electronic Cigarettes International Group Ltd fka ECIGQ

[TESLA777]

I think your making this too difficult, the company has the option to pay the creditors with either cash or shares. If they pay in shares then the shares are at a discount (to the ave 15 day PPS).

By me calling them diluters, what I mean is they (creditors) are receiving shares at a discount and then selling them into the market, this is IMHO....