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Re: JSee post# 13639

Tuesday, 09/20/2016 10:49:09 PM

Tuesday, September 20, 2016 10:49:09 PM

Post# of 37495
You don't lose anything until you sell. It would be crazy for anyone to sell at this price. Malecon has a true value and no one here can say they know it's less than the value of the VitaCig product line. mCig has seen their financials. If they thought Malecon didn't have any value, they wouldn't have held on to 10% of the company...

Mike Hawkins Conference Call

The company believes that the new business in VitaCig Inc, they haven’t changed their name yet, the disclosure has been made, Malecon Pharmacy, is much more valuable and that once awareness has been achieved, the value of our investment we believe will be actualized, should we maintain approximately a 10% interest in this new business operation we can elect to sell our position and fund our company probably for many years to come off of this one investment, or we can continue to hold that investment as the company begins to mature and grow.

On top of all that and getting to continue to own the investment in Malecon to seeing a definitive date on the return of capital we've put into VitaCig as well as bringing in those contracts into mCig’s account, there is still direct value provided to the shareholders of mCig who were issued shares during the spinoff and they are now much in a much stronger position in that particular company and we believe that the value of their shares will increase. We see this as a win for everybody.


Les