Electronic Cigarettes International Group Ltd fka ECIGQ

[RookieStockPicker]

21% of the vote out the gates is a yes, if the insiders decide to vote on the reverse.

Maybe the insiders, will decide not to go to a vote. But, all this is still something investors with new money to invest, need to consider before jumping on board here.

Also, investors need to consider management desire to change the SS here.

OUR BOARD OF DIRECTORS RECOMMENDS THAT THE STOCKHOLDERS VOTE FOR THE APPROVAL OF THE AMENDMENT TO OUR ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF OUR CAPITAL STOCK THAT WE MAY ISSUE FROM 300,000,000 TO 600,000,000 SHARES, OF WHICH 550,000,000 SHARES SHALL BE CLASSIFIED AS COMMON STOCK AND 50,000,000 SHARES SHALL BE CLASSIFIED AS BLANK CHECK PREFERRED STOCK

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10397455