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Re: Master-of-Disaster post# 85722

Wednesday, 05/03/2017 3:11:10 PM

Wednesday, May 03, 2017 3:11:10 PM

Post# of 112680

It is his proven history of unproven ability to deliver successfully.



Here's the only proven history that matters. It's in the SEC financials...



mCig, Inc. Reports an Increase in Revenue of 446% to $1,362,689 for the Most Recent Quarter Compared to Last Year

Three months ended January 31, 2017 compared to the three months ended January 31, 2016

Revenue increased 446% to $1,362,689 compared to $249,641
Gross profit increased 239% to $288,230 compared to $85,076
Expenses decreased 27% to $97,052 compared to $133,236
Cash and cash equivalents increased 422% to $420,888 compared to $80,542
Current assets increased 1,241% to $1,259,689 compared to $93,930

Three months ended January 31, 2017 compared to the three months ended October 31, 2016

Revenue increased 120% to $1,362,689 compared to $620,015
Gross profit increased 31% to $288,230 compared to $220,151
Expenses decreased 63% to $97,052 compared to $262,437
Cash and cash equivalents increased 47% to $420,888 compared to $285,812
Current assets increased 116% to $1,259,689 compared to $583,695


Subsequent actions during this quarter

VitaCig experiences its best month in its history exceeding all of last quarter's revenue numbers for its segment
MCIG enters into joint venture for expansion of its VITACBD brand.
MCIG expands operations to include new cannabis supplies segment
Grow Contractors expands operation to include Oregon, where it is constructing a new facility.
MCIG completes its first construction project and awaiting clients Certificate of Occupancy



3FQ17 Conference Call Transcript

Hello, I’m Rob Kressa, CEO of Grow Contractors. All I can say is that Grow Contractors is crushing it. As Mr. Hawkins pointed out in the financial update, the mCig Construction and Consulting Division has catapulted into the number one segment of mCig operations.

We’ve already exceeded last quarter midway and are well on our way to shattering those numbers. We are also now not just the number one consulting website, but due to our merger most likely the number one contracting group in the cannabis space in the West Coast, but the dominant position in Nevada.




Les

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