Electronic Cigarettes International Group Ltd fka ECIGQ

[10baggerinvestor]

Conspiracy Theory 1: Ever since Richard Strong lending all this money to ECIG our company valuation has been destroyed. Could it be that Richard Strong Calm Waters is the shorter who has suppressed the share price with the motivation of getting cheap warrants issued and full control of the company? The next warrants due in August will they too be renegotiated to 25 cents from 45 and 75 cents? So you see Richard Strong would have a motivation to suppress the share price and short. What is even more disturbing about this theory, Richard is supposed to be a close friend of Dan. Could it be that the hero is actually a villain? Just a theory all this and no factual evidence to support this.
On topic of valuations ECIG had over $500m market cap with previous management and much worse financial fundamentals then what we currently have. This was due to the extensive promotion the CEO did on Bloomberg and other media outlets.

Other current examples of OTC companies with bad financials with huge market caps are as follows: ECIG looks extremely undervalued compared to

TRTC Terra Tech Corp - $218 market cap with 2015 revenues total of $9.9m and operating loss $8.8m, $917k convertible debt

http://www.otcmarkets.com/stock/TRTC/profile

PNPL Pineapple Express - $1.15 BILLION market cap with 2015 Revenues total of $0 Revenue and Operating Loss of $4.5m

http://www.otcmarkets.com/stock/PNPL/profile

So as you can see promotion is everything in OTC land and plenty of examples with much worse fundamentals than ECIG with much higher valuations. All this in my opinion of course.