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doogdilinger

01/14/15 1:22 PM

#26111 RE: Buddha Jones #26105

He didn't really respond. It was strange.



His response was perfect actually Buddha...he's not allowed to give further insights on potential outcomes other than what's already been released publicly right!

So when he said "I'll let you guys speculate on a takeover" and offered nothing more than that when you pressed him on the topic it speaks volumes of all the behind the scenes talks/negotiations towards restructure taking place these days as todays PR clearly reflects right!

There's way way more money to be made by BIG money stepping in here and assisting on the restructure direction than there is allowing ECIG to fail. The big boys aren't going to let ECIG fail and will come up with a restructure solution that allows them to reap big rewards...which is most easily done by ensuring ECIG maximizes its revenue/growth potential over the coming years and creates an equal amount of increased shareholder value along the way!

The only bet in play these days is whether or not us joe retailers believe ECIG will succeed or fail...and my bet is on them succeeding via support from big boy funders glty
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gc2

01/14/15 1:26 PM

#26116 RE: Buddha Jones #26105

From what you said, He probably wants a R/S to avoid hostile takeover. Keep in mind Big Tobacco has LOTS of old money. The faster we get to Nasdaq the better op. to get retirement funds, which are astronomically huge!! See my post on MNST Monster drink stock)..Don't feel I'm pissing in the wind.
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Phin

01/14/15 1:33 PM

#26123 RE: Buddha Jones #26105

When did you speak to Mr. McCormick? I believe he is out now and Phil Anderson is in as CFO, wonder if Phil would have different answers for you.
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takowasabi

01/14/15 1:54 PM

#26141 RE: Buddha Jones #26105

I have no idea why everyone views a reverse split as a negative.

The PPS is completely irrelevant IMO. Its all about the market cap, which is currently worth substantially less than the revenues of even one of their subsidiary brands. The reverse split brings the share price up to a level whereby the company can a) move to a proper exchange, and b) attract institutional investors. It also makes no difference to the convertible note holders who would also see their instruments adjusted in proportion to the split.