Electronic Cigarettes International Group Ltd fka ECIGQ

[HighPeaks]

Is was one my first plays as well. It had potential, but cash flow was to difficult to keep doors open. I'm surprised they couldn't sell the various businesses first. If sold not during bankruptcy I really believe VIP would be worth more than 100 million, given the fact that Ten motives was sold for 75 mil, with less revs per year. I don't think there were any malicious intentions here by Dan or management, just a failed attempt to turn the ship. Although perhaps one can claim that the last CC seemed to have mislead a bunch here into thinking that things had finally turned for the better, myself included.

Just wondering what happens to all of Dan's options. I guess they are null and void. No? Does he come out with anything beyond his yearly salary?