Replies to post #41318 on Electronic Cigarettes International Group Ltd fka

[Honeycomb777]

Lolly - I don't think they do...I honestly believe retail shareholders have the power / majority in this case !

Think about it...Phil fielding phone calls etc.

[ChuckBits]

I can only go by what he told me regarding the quorum. Was kind of funny though that was his response when I asked "how" the vote itself was going? Maybe too many flippers in & out to vote or care about it?

BTW, since he implied they knew how many votes have been cast, I "assume" the know the YES/NO count?

[axle1090]

they need 50% + 1 shareholders to vote to reach a quorum. Doesn't matter if they already have the shares voted to approve or not approve the items being voted on.