Electronic Cigarettes International Group Ltd fka ECIGQ

[hawkeye612]

Agree with most of your points with the exception of the following:

Resolving patent infringement is not a big deal, check out how many blue chips have patent infringement law suits. Will not reflect in the pps IMO.

Not grow too fast- There is no problem with growing quickly as long as the receivables turn quickly. Internet sales are done on a cash basis, new management needs to stay away from box stores IMO that is a drain on their cash, and lower profit margins. IMO it was a big mistake for the original management to distribute through Wal Mart stores, low margins and a terrible drain on cash flow. Wal Mart has caused many startup companies to go broke due to their 60-90 day pay schedule and their tremendous inventory demands. What I believe we will see from new management is somewhat of a change in their distribution methods.

CFO change-Why? You are aware they just hired Phil Anderson aren't you?

Agree that new management needs to buy shares on the open market that would instill confidence by shareholders.

The rest of your post I am in agreement with as it is a no brainer.