InvestorsHub Logo
Post# of 112654
Next 10
Followers 95
Posts 11590
Boards Moderated 0
Alias Born 12/27/2011

Re: MD-420 post# 84860

Tuesday, 04/11/2017 12:23:09 PM

Tuesday, April 11, 2017 12:23:09 PM

Post# of 112654

all I see is insider enrichment and pump and dump trading.



More alternative facts. Insider enrichment??? You've got to be kidding me...

mCig, Inc. CEO to Retire 50 Million Underlying Common Shares of Company Stock to the Company Treasury

HENDERSON, NV--(Marketwired - Sep 28, 2016) - mCig, Inc. (OTCQB: MCIG), a diversified company servicing the legal cannabis, hemp, and CBD markets, announced today its Chairman and CEO, Paul Rosenberg, is pleased to announce he has voluntarily returned 5 million Series A Preferred shares, representing 50 million underlying common stock to the company treasury. The process will be completed by September 30th, 2016.



mCig Announces 5 Million Reduction in Shares Outstanding

HENDERSON, NV--(Marketwired - Jan 23, 2017) - mCig Inc. (OTCQB: MCIG), a diversified company servicing the legal cannabis, hemp, and CBD markets, announced today that it has begun the process of cancelling 5 million shares of its common stock...

"...During our review we were able to identify and negotiate terms of service that led to the cancellation of prior stock issuances."



Those shares came from Vapolution "insiders".

MCIG Announces $200,000 Investment from CEO and CFO

HENDERSON, NV--(Marketwired - Feb 1, 2017) - mCig Inc., (OTCQB: MCIG), a diversified company servicing the legal cannabis, hemp, and CBD markets, announced today it has entered into legally binding subscription agreements with Paul Rosenberg, Chairman and Chief Executive Officer and Michael Hawkins, Chief Financial Officer for the issuance of 25,000 newly issued Series A Preferred shares each. Under the agreements Mr. Rosenberg and Mr. Hawkins will subscribe for and purchase directly or through their own beneficially owned and controlled special purpose vehicle 25,000 shares of Series A Preferred stock each for a total purchase price of $200,000 ($100,000 each), or $4.00 per share, which equates to $0.40 per common share in conversion. In addition to the Series A Preferred stock, Mr. Rosenberg and Mr. Hawkins will each receive a five year warrant for an equal amount of common shares at $0.75 per share.



Those shares are currently under water. It shows their faith in where they feel the value of the company should and will be.

mCig Strengthens Share Structure, Announces Shareholder Call

HENDERSON, NV--(Marketwired - Feb 10, 2017) - mCig Inc., (OTCQB: MCIG), a diversified company servicing the legal cannabis, hemp, and CBD markets, came into a significant agreement with several MCIG's major shareholders to reduce its common stock by 60 million shares by converting those shares into 6 million Series A Preferred Stock with a minimum 2 year lock up agreement. Paul Rosenberg, MCIG's Chief Executive Officer, has also agreed to cancel an additional 20 million underlying common shares to further reduce the outstanding shares.



Boy Paul is really enriching himself by giving back all those shares and investing in underwater warrants isn't he? Can't believe how those insiders are enriching themselves. So much pumping! Where's the dumping?
ROTFLMAO

Just one more debunked claim!



Les