Replies to post #24792 on Electronic Cigarettes International Group Ltd fka

[BillG2436]

Not true at all. ECIG

[gc2]

Might agree if this co. was unsubstantial w/Revs. and potential Revs. Revs. are the main catalyst, IMO. As a penny stock, this is a very low risk gamble> Almost a no brainer!

[srm4u]

Renee Member Level Friday, 01/09/15 11:16:19 PM
Re: ANIA77 post# 24379
Post # of 24794
If the A/S is maxed to capacity into Outstanding Shares the Lenders are ethically obligated to stop selling shares that they cannot access until the new Authorized Shares and / or the planned reverse split become effective. The Lenders can default ECIG if they choose to do so but they are obligated to not sell any more shares until they're available.

Market Makers are gatekeepers to adhere to all SEC regulations and ethical practices so they would not likely process any sell orders from the Lenders if they know that ECIG's A/S is maxed out into O/S.

[trding]

I am voting no if a vote happens for the same reason I have shares now. IMO ECIG is worth more than the debt eliminating the BK option. I could be wrong, but that is a risk I am willing to take at this point.