Electronic Cigarettes International Group Ltd fka ECIGQ

[tbone8]

In my humble opinion the conversion price does not matter, because this note and all other shorter term convertible notes will be paid off before they ever get a chance to convert. They had to give them some favorable terms in consideration of a convertible note signed when there are shares available to convert. Very interesting that a lender agreed to a convertible note under these circumstances. Never seen this before and I doubt anyone else has either. This should tell you something. I believe longer term financing is ready to go (as soon as the R/S is voted in) to pay off all short term convertible debt. I also believe it is a key goal of the new management to make sure no convertible shares ever hit market again.