Electronic Cigarettes International Group Ltd fka ECIGQ

[TESLA777]

Yes they are very vulnerable right now, a 10% or larger stake can be bought in a couple of days here because of the sheer volume we have daily and could set up a hostile takeover and put someone on the BOD with voting rights and power...they need to be careful.

This in all honesty is their own fault though for not creating a Preferred Class of shares a year ago just for voting and control rights in the company, if you take bad financing deals (toxic) to finance a company you are at risk for this kind of thing if the notes become due or the conversions kick in wiping out your common shares and you can lose voting control in the process.

It will be very interesting to watch the stock and company over the next few weeks.