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DRWconsulting12

12/28/14 2:21 AM

#13331 RE: 123414 #13330

I don't know if it's available.
Non updated sites show 82 million.
anyone know how long ago that was?
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ZJ Pick

12/28/14 2:50 AM

#13333 RE: 123414 #13330

My speculation as to the convertible debt . . .

Go to otcmarkets.com and type in "ECIG" and go to company profile on the right you will see the latest filed O/S. For ECIG that would be Nov. 18, 2014 (just 26 business days ago mind you) and it was at 82,798,282 shares. As of today it's at 143M. So do the math, roughly 61 million shares have been added because of this debt converter in 28 business days! That's insane! That's why its dropped so hard and fast. My gut says that when this diluting stops and I feel it is VERY soon, ECIG will make the climb way back up to dollars where it should be with the revenue it brings in especially for what's projected in 2015. Correct me if I'm wrong but the notes for January and Feb that are due is owed $10,000,000 dollars right? So if they've already diluted 60,000,000 shares down from $1-.05 range. My guess is you can average out 60,000,000 shares being sold at roughly .15 cents which would pay them $9,000,000 dollars. Folks, it is probably over or almost over. January is going to be one hell of a liftoff for the shareholders