I took another look at the SEC rule. It states the determination to "enter" into accelerated is made after the company's 2nd fiscal quarter. Hence, ECIG entered Q2 2014. They no longer qualified as accelerated after Q2 2015, but the "exit" rule states if they no longer qualify after said quarter, they must remain accelerated until that fiscal year end.
Therefore, it appears they are indeed required to file as accelerated Q3 2015 & 2015 year end. I respectfully retract my previous statement that they are "definitely" no longer accelerated!
Thank you Dudeness. With that said, by my rough calculations, lets hope we are trading above $1.50 with same O/S at year end and remain/return to accelerated!
