Electronic Cigarettes International Group Ltd fka ECIGQ

[Stockstuffer83]

Dan can't just cash out all at once. He can only do 1/3 of his total shares every 12 months . Same for all the BOD. The directors and calm waters have similar exercise options. 14.5 and 16 cents.

Also. The overage in shares is concerning HOWEVER the company is not forced to increase the share count until they reach the max shares authorized. Then they have 60 days to put it to a vote to increase the AS. This is stated in the 8k exhibits.

So until we start to get into the 200 mill range I would not get ahead of ourselves in that respect.

So think about it.
We have a company that is owned by a single financier that has all shares coming to him so he controls how the pps goes with regard to dilution. Don't you think It would benefit him to not drown out the pps to fast and help it go up versus taking a nose dive?
He will get rewarded more from its success versus sucking them dry and screwing over the directors by not letting them get shares for 50 cents to a dollar exercise options? Why would Dan be happy with shares that never get above 33 cents over the next several quarters? Why would calm waters be happier with 16 cents pps versus something much higher.

Yes OTC has plenty of companies that dilute and RS. We may do a RS but to say that will happen soon (within 6 months) is not accurate. They have always wanted to use the shares attached to warrants for some time now. Pps just never held up. Now it's super low and that scares ppl but they will not abandon ship all of sudden and stop trying to
Take the pps higher.

I am looking to sell in the 50 cents and higher area. With a better q2 and the expectation of a higher q3 I believe that we can see better pps this year still.

They have 4 mill to carry them into q-4 (they got it 6/30) so they should only need to dilute for interest payments.