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theHALFMILE

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theHALFMILE

Re: rayinbrooklyn65 post# 30840

Tuesday, 01/27/2015 11:26:41 AM

Tuesday, January 27, 2015 11:26:41 AM

Post# of 87250
Except the statement being repeated ad nauseam is incorrect. When a R/S occurs, the A/S is unaffected, giving mgmt a whole lot of shares to dilute with.

Maybe we should ask ECIG - directly from today's def14a:


Pre-Reverse Stock Split
Authorized Shares
300,000,000
Issued Shares
246,398,668
Authorized but Unissued
53,601,332


Post-Reverse Stock Split
Authorized Shares
300,000,000
Issued Shares
24,639,867
Authorized but Unissued
275,360,133

Please explain why anybody would want this??
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