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Re: BubbaInSC post# 85453

Tuesday, 04/25/2017 12:00:39 AM

Tuesday, April 25, 2017 12:00:39 AM

Post# of 112677

Let's rewind to the beginning. Reread the original PR; the key word is "former". Although I'm sure Megaupload is successful in their own right in terms of what they do - the fact is - that Megaupload is NOT developing the app for MCIG. FACT.



Straw Man Argument. No one has ever made that claim. Nice of you to refute your fake fact.

Secondly, what business or consumer problem or need does the app solve or fulfill? Most importantly, how will the app generate revenues?



Job search in the MJ sector for one, MJ sector news for another. At least a dozen apps are being implemented. These are the first of many. Money will be generated in several ways, among them are subscriptions and microtransactions, but the primary revenue will come from ads, just like for Google, Facebook and a number of other "free" sites.

At the end of the day, there are only so many ways an app will make money.



ZipRecruiter charges $129/job per month to post a job. Monster.com charges $300/job. They get money from advertising and developing/selling mailing lists. Here's a good article that explains the various ways they monetize their sites...

How does ZipRecruiter make money?

Once Zip gets a customer to post a job, they just need to produce enough resumes to justify the $129 price tag. They have probably figured out the response rate at which the client is satisfied or delighted, the probability of finding resumes for that job, etc. and their algorithms ensure every job is getting sufficient exposure and producing an appropriate flow of relevant applicants.

If they are not able to on their own, they have the budget ($129) to leverage sponsored jobs on indeed.com, etc. They may even decide that the job is unfillable (say a data scientist is a rural town) in which case they don't spend any money at all and either get to keep the $129 or have to refund it completely.

Lets take an example where they know they can satisfy the customer - Say they need to produce 50 applicants for a customer service job in a big city and they see 30 applicants applied from the free jobboards, they now just need to get the balance 20 applicants from sponsored jobs (Indeed, etc.). This would cost them $40 if they pay $0.50 a click and have a 25% conversion rate on their site (80 clicks x 25%).

$129-$40=$89 gross profit margin/job (not including their costs)



...as for...

MCIG does NOT own weedistry.com or 420jobsearch.com



Wrong again! The following is displayed at the bottom of each page...

All rights reserved. mCig, Inc. Trading as MCIG on OTCQB,Copyright 2013-2017 mCig, Inc.



Enom, Inc. is a company that sells websites. Probably owned it before mCig...

Enom, Inc

Enom, Inc. is a domain name registrar and Web hosting company that also sells other products closely tied to domain names, such as SSL certificates, e-mail services, and Website building software. As of May 2016, it manages over 15 million domains.[2]



... LMAO I seriously doubt that they suddenly decided to get into the job search business.

As for Alex Mardikian, he's probably one of the guys that came over from MegaUpload. I'm sure ownership of the website transferred to mCig in that deal...

The Diary: Former friend speaks out on life with Dotcom

A former friend and employee of Kim Dotcom spoke exclusively to The Diary from Los Angeles yesterday about the internet tycoon as he launched his foray into New Zealand politics.

Alex Mardikian played fixer for Dotcom, bringing people together and making things happen. He was a close friend and trusted adviser, living in the Coatesville mansion and watching Dotcom first-hand. He says he was paid a monthly retainer, but left in 2012.

Mardikian insists he is speaking out now to inform Kiwis about the man behind what he claims is a carefully crafted image.

Mardikian says he introduced Dotcom to the likes of Hollywood producer Rob Schroeder, Grammy producer Printz Board and hip hop recording artist Swizz Beatz, husband of Alicia Keys. "I used all my sources and contacts for him.



He was a marketing guy for Kim Dotcom the former CEO of Megaupload.

Any revenues per click generated by ads will go to the owners of the weedistry.com or 420jobsearch.com



Sure looks like that's mCig

So, you know what this is all about? MCIG will buy the 420cloud.com website from no other than, you guessed it, Paul Rosenberg. The Shyster is going to buy the website and pay himself.



So much fantasy without a shred of proof.

Debunked Again!

Les