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BernardWeri
10-09-2015,
Electronic Cigarettes International Group Ltd is engaged in the business of marketing and distributing electronic cigarettes (e-cigarettes), a product for smokers to smoke nicotine without the fire, flame, tobacco, tar, carbon monoxide, ash, stub, smell and all the other chemicals found in traditional cigarettes. VAPESTICK is sold both online (www.vapestick.co.uk) and through thousands of retail outlets across the United Kingdom and Europe, including Tesco, Costco, Harrods and WHSmith. E-cigarettes are battery-powered products that enable users to inhale vapor without smoke, tar, ash or carbon monoxide. The Company's products are sold under multiple brands, including but not limited to Victory, FIN, VAPESTICK, and VIP. E-cigarette cartridges are available in a range of flavors including regular tobacco, menthol, strawberry, blueberry, cherry, coffee, vanilla and chocolate.

http://ecig.co/

auedakovotisi
10-10-2015,
Electronic Cigarettes International Group Announces Public Offering of up to $150,000,000 of Common Stock Concurrent with Its Planned NASDAQ Listing
7 days 12 hours 46 minutes ago - DJNF
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--October 08, 2014--

Electronic Cigarettes International Group Ltd. (OTCQB: ECIG), an independent marketer and distributor of electronic cigarettes, today announced that, subject to market and other conditions, it and certain selling stockholders intend to offer up to $150,000,000 of common stock, in connection with the listing of its common stock on the NASDAQ under the symbol "ECIG". The selling shareholders are offering 4,890,200 shares of our common stock and we will offer the balance.

Electronic Cigarettes International Group and certain selling stockholders have granted the underwriters an option for a period of 30 days to purchase up to an additional $22,500,000 of common stock. If exercised, any additional shares will be offered at the public offering price per share of common stock in this offering.

Wells Fargo Securities and Canaccord Genuity Inc. are acting as joint book-running managers for the offering. Societe Generale and Stephens are acting as co-managers.

A registration statement relating to the offering of common stock has been filed by the Company with the Securities and Exchange Commission (as amended, the "Registration Statement"), but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This offering may only be made by means of a prospectus. A copy of the preliminary prospectus relating to the offering may be obtained by contacting: Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, telephone: (800) 326-5897 or via email at cmclientsupport@wellsfargo.com, or Canaccord Genuity Inc., Attention: Syndicate Department, 99 High Street, 12th Floor, Boston, Massachusetts 02110, telephone: (617) 371-3900.

About Electronic Cigarettes International Group, Ltd.

Electronic Cigarettes International Group is dedicated to providing a compelling alternative for the more than 1 billion current smokers around the world. ECIG is a fast-growing independent electronic cigarette company, and owns the trademarks VAPESTICK(R), FIN(R), Victory(R), VIP(R), and others. The Company has operations in the United States and the United Kingdom and its products are also distributed in Western Europe. ECIG offers consumers a full product portfolio that incorporates the highest quality and latest technology.

awidusauehewi
10-10-2015,
Damn, that long term chart is painful to look at, but I can see the momo players all over this lately.

Anybody got a position?

Long?
Short?

Log in and let us know!

bunnyhodep
10-10-2015,
The dilution question still weighing heavy here, how much more of a hit can the stock take?

Quote:

Electronic Cigarettes Intl Group Ltd (OTCMKTS:ECIG) inked a deal for $26.6 million in working capital funding. The company issued convertible notes and warrants to purchase common shares to an undisclosed financier. The conversion of the notes will lead to more dilution of the stock. Shareholders of Electronic Cigarettes Intl Group have in the recent past clearly communicated their dislike for continued dilution of the stock. When Electronic Cigarettes Intl Group sought to increase its authorized shares, shareholders declined to approve the request.
In the latest funding deal, Electronic Cigarettes Intl Group Ltd (OTCMKTS:ECIG) issued nearly $14 million of convertible notes and nearly 226.6 million warrants with par value of $0.001 a share. Electronic Cigarettes Intl Group is set to tap $13 million in gross proceeds from the warrants offering.