3 things from the 'Q' and the CC concern me:-
Dan's opening statement: "However, the year-over-year growth is a disappointment and personally I was forecasting and believing may be much higher."
"As of April 1, 2016, the Company was delinquent in making an aggregate of $2,373 of interest payments on its outstanding debt. As a result of these and other factors, the Company’s capital resources may be insufficient to enable the execution of its global business plan in the near term."
and where we are in recapitalising debt..
There's also the point that they're only "one third through the process" and "And so we are looking at the end and the completion of that with new alternatives by mid-June."
Near term ECIG goes sub .20 and will hit a 52wk low because I believe the company is in worse shape than I thought. I believe this will not be resolved in time to stop a major dip because I believe the bad news is not tied into the current pps.
For those with a fortitude of steel who willl ride this through, I wish you luck, but I will wait until we are through the other side. JMHO
IT'S BETTER TO TRY AND FAIL....THAN FAIL TO TRY! NEVER GIVE UP 
