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Re: Mofernan10 post# 31480

Wednesday, 01/28/2015 11:54:25 PM

Wednesday, January 28, 2015 11:54:25 PM

Post# of 87250
I would suggest the declaration of intention to execute a reverse split could potentially be a necessary safeguard for the restructured and future restructuring of the debt, as it is a backup for the note holders to get their money should they feel the need to resort to it. Opens up plenty of room for future conversions no?


As has already been stated there it is pretty clear that ECIG has gained reasonable levels of confidence for the upcoming months from 85% of the noteholders.

If all goes better than expected there may not be a need for a reverse split. Could just be provision. No reason to take this idea and run with it, but it's worth considering.

Also, hello everyone.
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