How did Paul do 2m in rev, just by PR I suppose?
Mcig exec yesterday, 3 for 3
Gentlemen,
It is our desire to foster a good environment on iHub for the exchange of information, and receive direct dialogue with some of our investor base.
We stand by our public reports, reflected on our latest conference call audio archive (link will be posted publicly here as soon as we finish the audio repository on the MCIG website). The information in our reports, and conveyed in our conference calls is both regulated and verified by independent accounting sources and approved via corporate counsel.
To dispel some of the myths being purported on these forums, I will re-clarify what is accurate. Anything else that you hear is speculative...
#1 GreenLeaf has $200,000 in profit minimum (as per the last PR), couple that with a documentary deal. NOTE: One was NOT exchanged for the other, MCIG in FACT gets both.
#2 VitaCig's royalties and revenues (all encompassing) are now going to MCIG. The illegitimate actions of one prior executive does not impact our contracts in both Europe and Asia.
#3 Rollies is a long term revenue line, with multiple aspects to capitalize on different steams, demands, and requirements. No one ever builds a house without laying out a blueprint, its inconceivable, you will not make it past the first inspector. Deployment takes time, and we want this done correctly. Discovering or moving on additional revenue streams while waiting for regulatory approval is a positive thing, not a negative. We will not stop looking for ways to expanding into existing, new, and emerging markets.
I hope this adds some clarity, or answers a few questions. I know that Mr. Hawkins put a lot of effort into addressing these various topics, but it appears that we need to re-explain things due to misinformation being spread here.
