The non converted ones will have to be converted post R/S... Maybe with new kind of terms, if the company is able to strike a deal... Company's still obligated to respect any new or past deal with them... Just like when you play with the mafia... Try saying: Thanks a lot for your help, i don't need you anymore... Good luck when you still owe them something...
They will do whatever they can to win... That's what i've been seeing in 99% of the Cd Plays or any other OTC Ticker...with an R/S in it...
Small shareholders going long may be able to recoup some or none of their $$$... Better flip them to make more $$$ instead of freezing your $$$ in a stock where you may never recoup anything...
Good luck with your invested money here... Wish you win something...
I cannot lose, i flipped that turd like any other OTC ticker... Been posting since the beginning about the dangers of a CD Play... Peeps were answering that it was a theory....Lol Incredible how many peeps aren't able to read what's in their Filings and the real meaning of the CD terms...
Btw:
If they are converted, they have no incentive to do it.
What makes you think that???
It's always a good thing for the Toxic Financiers to have an R/S...
They will convert to vote and then sell! They have much interest in passing it, otherwise ECIG won't have enough shares for future conversions. PPS does not matter to toxic debtholders, they get more shares with a lower pps and they do it while shorting the stock, double incentive! Go google toxic financing!
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