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oilgal

03/18/15 7:49 PM

#53445 RE: 2times2 #53438

There are a few who raise it as a possibility, but I am not sure I have seen an explanation as to how ECIG restructures without further shares. Theoretically, a lender may loan money without the need for warrants or share conversions, but ECIG would still be maxed out. In such a scenario ECIG could then buy back shares quickly or gradually with excess cash. That is the only way I can see it but that plan would appear in conflict with an expansion plan to become dominant, which I would say is more important, as a long. Also, there would need to be an announcement of the buyback. I am not that familiar with US law, but others have commented on this well.