ECIG is the first Post and Opportunity! Explanati
Post# of 1096
Posted On: 01/26/2015 8:18:10 PM
ECIG is the first Post and Opportunity! Explanation below
This stock has been pummeled by toxic debt and shorting. They refinanced their debt. Announcement this morning. Other info below
This was a $20.00 stock at one point.. and going to be listed on the Nasdaq about 6 months ago at $4.50 a share....... it is at .05 now!
only 300 million shares Authorized, need a vote t change that!
All shares are the SAME NO PREFERRED SHARES!
Let me Summarize and Eliminate The False Info
The announcement TODAY WAS VERY VERY GOOD!
They said they had CONSIDERED a 1:10 R/S (again GREAT news because before it was 1:10 - 1:100)
so the 100 share split can be put to rest!
The 1:10 was CONSIDERED, which was in their other press release, so he added that it would be 1:10 and NO LOSS IN VALUE... AGAIN VERY POSSITIVE!
I said not all of their debt is that bad... hence why they were able to agree with 85% of the senior note holders!
The 85% that AGREED, do not give ECIG better terms and an extension and ALLOW the other SENOR NOTEHOLDER to hold on t his better terms and ridiculous conversion price!
So they re-structured their debt, a R/S still not any word but has been downed to a 1:10 reverse split, they have and are working on financing for long term so that they have any money they need!
I literally see noting bad in there. a 1:10 R/S don't Forget the no Value Loss! And still not even happening, a Consideration was discussed!
and as for the 1:10 not helping ECIG... really
The number 1 Thing everyone wanted was just to get rid of debt or refinance it! Done!
As for any criticism of the loan or debt they took on. had their NASDAQ listing gone through, you would have never even heard of it. And most importantly it was the Note holder's not the company that drove down the value and PPS! It seems even the note holder's realize now, it is better to work with ECIG and be long then short!
This stock has been pummeled by toxic debt and shorting. They refinanced their debt. Announcement this morning. Other info below
This was a $20.00 stock at one point.. and going to be listed on the Nasdaq about 6 months ago at $4.50 a share....... it is at .05 now!
only 300 million shares Authorized, need a vote t change that!
All shares are the SAME NO PREFERRED SHARES!
Let me Summarize and Eliminate The False Info
The announcement TODAY WAS VERY VERY GOOD!
They said they had CONSIDERED a 1:10 R/S (again GREAT news because before it was 1:10 - 1:100)
so the 100 share split can be put to rest!
The 1:10 was CONSIDERED, which was in their other press release, so he added that it would be 1:10 and NO LOSS IN VALUE... AGAIN VERY POSSITIVE!
I said not all of their debt is that bad... hence why they were able to agree with 85% of the senior note holders!
The 85% that AGREED, do not give ECIG better terms and an extension and ALLOW the other SENOR NOTEHOLDER to hold on t his better terms and ridiculous conversion price!
So they re-structured their debt, a R/S still not any word but has been downed to a 1:10 reverse split, they have and are working on financing for long term so that they have any money they need!
I literally see noting bad in there. a 1:10 R/S don't Forget the no Value Loss! And still not even happening, a Consideration was discussed!
and as for the 1:10 not helping ECIG... really
The number 1 Thing everyone wanted was just to get rid of debt or refinance it! Done!
As for any criticism of the loan or debt they took on. had their NASDAQ listing gone through, you would have never even heard of it. And most importantly it was the Note holder's not the company that drove down the value and PPS! It seems even the note holder's realize now, it is better to work with ECIG and be long then short!
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