Electronic Cigarettes International Group Ltd fka ECIGQ

[nandipomadagascar]

An article:
which links to this quote:

":On July 17, 2014, we exchanged the remaining $10,500,000 outstanding principal amount of FIN Promissory Notes with Dominion Capital LLC and MG Partners II, Ltd., a subsidiary of Magna Group, LLC, the holders of such notes, for 12% original issue discount convertible promissory notes in the aggregate principal amount of $11,042,632 (the “12% Convertible Notes”)".

http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing

AND explains very well the treacherous last months for the ECIG's PPS. I hope the new management, by now, has figured out how to disengage the company from financers like that....

And a thought: if the "system" allows getting big money from destroying value... that's the beginning of the end for that system... Those who rule must understand that "money", in our "modern society" has to be directed to create value NOT to destroy it.