InvestorsHub Logo
Post# of 112677
Next 10
Followers 95
Posts 11595
Boards Moderated 0
Alias Born 12/27/2011

Re: BubbaInSC post# 60251

Saturday, 05/23/2015 1:27:15 PM

Saturday, May 23, 2015 1:27:15 PM

Post# of 112677

You need to understand there's no buying :)



That's incorrect. All you can say with any confidence is that there was limited buying reported on the last 10-Q for the quarter ending 1/31/15. Up until then, online sales were virtually the only sales channel and the only products were vape pens. Since then...

mCig Inc. Receives $1.2-Million+ Record Order for CBD Products; Finalizing Distribution Agreement With More Than 1000 Retail Outlets

mCig® Inc. (OTCBB:MCIG), a leading provider of technologies and solutions for the legal medical and recreational marijuana industry, is proud to announce a record initial CBD product order worth more than $1.2 million. mCig, Inc. also announces that it is finalizing a nationwide wholesale agreement with two large national distributors to supply these high-demand CBD products to more than 1,000 retail store locations.

mCig is capitalizing on the popularity from the new CHILL! CBD Oil Vape Tanks (www.chillcbdoil.com) to gain entry for all of mCig and VitaCig products to stores across the U.S. In addition to the 1,000 initial stores, which include smoke shops, hookah lounges, and convenience stores, another 6,000 stores through the national distributors are expected to be brought in over the next 12 months. Coupled with Café Serendipity's sales team, all mCig products including EM-J and CHILL!, and all VitaCig products, will also be introduced and distributed to thousands of dispensary locations nationwide.

"This is an important day for all mCig shareholders as this distribution agreement will immediately introduce our brands and line of products to thousands-upon-thousands of consumers across America and bring our revenues to historically high levels. We are working tirelessly to improve our formulas and bring innovative products to market as we deliver on our vision.



Also...

mCig Corporate Update: Best Quarter in Company History

mCig, Inc. (OTCQB: MCIG), a leading provider of technologies and services for the legal medical and recreational marijuana industry, is proud to announce the completion of the best quarter in company history which ended April 30, 2015. "We are excited to share this excellent news with our loyal shareholders, and are grateful for the opportunity to show that our recent company overhauls are already beginning to show very clear and positive results," stated CEO Paul Rosenberg. "We are confident that revenues will continue to grow as we launch exciting new products, form new partnerships, revise our corporate structure, and continue to bring talented people aboard to help bring our vision to life. We believe our revenues can conservatively be projected to be in the 7-10M range for this fiscal year,"



That doesn't sound like "no buying" to me. If you're accusing the company of deliberately lying, how about some proof. I'm sure the SEC will be interested and want to close them down. Otherwise, I'd say you're spreading misinformation.



Les