Bots Inc (BTZI)

[BubbaInSC]

SPGA Acquisition and Conservative 7-10 Million for this fiscal year (FY15) is smoke and mirrors.

Here's why Paul/MCIG is misleading people.

http://www.marketwatch.com/story/mcig-corporate-update-best-quarter-in-company-history-2015-05-07

"We believe our revenues can conservatively be projected to be in the 7-10M range for this fiscal year"

IMO, Paul gave the impression he was growing the top line via increased sales of "core" products and services.

Instead, he's trying to grow revenues by diversifying via acquisitions.

http://www.marketwatch.com/story/mcig-inc-to-acquire-security-grade-bringing-full-service-specialized-security-solutions-to-the-cannabis-industry-complements-mcigs-comprehensive-strategy-for-end-to-end-servicing-of-manufacturers-distributors-growers-dispensaries-and-more-2015-06-29

First of all, the latest PR re: SPGA does not specifiy the cost to acquire. Obviously, it ain't in cash...lol. So, it's probable that Paul is giving up shares of MCIG to SPGA.

"We are moving very aggressively to reach our $10 million revenue target for 2015. "

Growing revenues via acquisitions of other companies will make it very difficult to see if there is any growth in revenues for their "core" products. It's one thing to imply a growth of revenues by growing sales of your core products. It's a totally different thing to say your growing a company's revenues via acquisitions. The former is much more impressive and meaningful.

Nothing wrong with diversifying, but the actual message and their actions end up being two different things.