Replies to post #52386 on Electronic Cigarettes International Group Ltd fka

[christjamin]

am long ECIG.

Heuh, what are you talking about? The day the R/S was approved, money was at the bank. How are you thinking? It is like you go for loan, the bank approves you. You can start spending so long as you have ways to do so, right. That is what they are doing.

Patience is virtue. I will be buyer on any dip tomorrow, as I did today in early morning.

Long and strong ECIG

[theHALFMILE]

This argument is ridiculous. Have you ever purchased a home? What they did is EXACTLY the same as going to a bank and getting mortgage pre-approval, then placing bids on houses.

You don't "have the money" (or apples as you prefer to put it) yet you're placing bids and signing contracts with the promise that you will have it in the future. In this scenario, our vote YES to allow them to R/S was the mortgage pre-approval and the 8k was the contract on the house. Now they just have to go back to the bank to sign the paperwork (aka initiate the RS).

[SweepsMcGee]

Just posted the following to a previous post by you regarding the same question; this is from the 8-K:

"2.03 Issuance of Shares . Subject to the Warrant Shares needing to be authorized by the approval and implementation of the reverse stock split and the amendment to the Company’s Articles of Incorporation as set forth in the Proxy Statement of the Company dated January 27, 2015, when the Warrant Shares are issued in accordance with the terms of the Warrants, the Warrant Shares shall be validly issued and outstanding, fully-paid, non-assessable and free any clear of all liens, of any pre-emptive rights and rights of refusal of any kind."