Electronic Cigarettes International Group Ltd fka ECIGQ

[Stockstuffer83]

So I asked the IR people how the CEO can consider the new loan non dilutive and they said this

Thanks for the inquiry. The proceeds from the recent debt/warrant issue were used to retire the 12% convertible debt. So they largely offset in the calculation of diluted shares outstanding.

Glenn Garmont
Director
The Piacente Group, Inc. | Investor Relations