Electronic Cigarettes International Group Ltd fka ECIGQ

[Bjdev89]

Dan said the warrants are only there to convert the debt to equity. I think the exercise price stays the same. The lenders are in a desperate place - had to push the interest down to 4% to keep ecig afloat and had to give Dan another 13 million options to keep him around. The former senior lender was even being bullied by the subordinate debt holders to relinquish seniority.

There's no leverage to force ecig or reason for the lenders to want to force ecig to push the warrant prices down. They're already entitled to the vast majority of the equity of the company. What's in their best interest is allowing the company to grow and having the pps rise. If they got renegotiated to $.16 and kept the total $ value equal to the debt owed (to essentially allow the debt to convert to equity), there would be more shares in an eventual buyout. All it does it move the buyout pps down. They don't stand to gain. It would keep us a penny stock and keep buyers away. The financial brand of ecig needs improved to be bought out and flooding everyone w more warrants makes no sense.

I think they keep the warrants the same. Same exercise price and quantity - maybe add some new ones at the new pps for the $4 million.

Lenders got porked and are bending over backwards to keep ecig in play. This is good for us and good for ecig. This is my speculation - let's see what the 8-k shows us. I think if I'm right, pps should rise.