Electronic Cigarettes International Group Ltd fka ECIGQ

[yerboss]

I am fairly certain that they do not have the cash for it. If they did they would have released a NR outlining the refinancing agreements. Now that is not to say that Brent would not have some of his VERY wealthy associates do that for him. After all someone /some people are buying up all these conversion shares. That would require a strong sense that the debt issue will be resolved before the next round of notes come due. Otherwise the company could have to file for BK. In an environment of zero news from the company it would be foolish to put up that kind of money under current circumstances. Although it is quite possible that Big Tobacco and/or their proxys are the buyers looking to do a hostile takeover knowing that the shareholders might just be in a mood to take a deal rather than let the current group risk the business with risky financial structures.