Replies to post #30905 on Electronic Cigarettes International Group Ltd fka

[Bjdev89]

How do you know preferred shareholders will have that kind of voting power?

Why would it be in their interest to dilute massively?

Who are you assuming would be the holder of 20 million preferred shares?

Do you also assume the preferred shares will be resistant to any RS?

Do the buyers of these preferred shares plan to make money because the company is making money or just make money by diluting?

[crossrip]

nobody uplists w/o preferred shares
this was part of their prob on the 1st ipo attempt--no control/take-over protection

uplisting leads to superior exposure to bigger investors

they can uplist--or dik around here in pennyland and take on more toxic debt