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Wednesday, July 05, 2017 9:48:03 AM
as I've said, these guys are likely tied to a one year contract and can take their shares and run once that contract is up. Will they? Maybe, maybe not.
...a totally fabricated concern that's true of every single publicly traded company. Slave labor was outlawed 150+ years ago if you haven't yet heard.
Why would they leave? Because pps isn't reaching the levels they thought it would and they might determine they can make more money on their own.
...again, something that's true of every publicly traded company. Grow contractors currently has 13+ employees. They can see that the division grew from one employee 9 months ago and in nine months mCig stock went from $.025/share to $.18/share in that time. Grow Contractors has expanded from exclusively a construction company to staffing, consulting and facilities management. In the meantime, mCig has added divisions for Cannabis Supply and Social Media/Programming Services and it has a global reach through its E-cig Technology/VitaCig division. So you think either they will walk en masse and start their own company from scratch or any one of them might do so, to start a new public company (which we've seen can take 2-3 years to get off the ground) or go off on their own as sole proprietors to make a measly 10% profit/year. That takes quite an imagination.
There is no synergy between mcig and GC.
Horse Pucky! 420Cloud.com provides job search and B to B services that are needed for construction and facilities management as well as a steady supply of new leads. Cannabis Supply also brings in new leads and networking on a daily basis and VitaCig provides worldwide contacts that could eventually lead to expansion abroad.
Unless GC gives up some of the profit, the net profit will remain low.
More Horse Pucky! They all own mCig stock with multi-year vesting. mCig has close to $1.5 million cash on hand and is growing exponentially year over year. Grow Contractors is now doing staffing and facilities management and mCig will soon be owning it's own cultivation facility. To think that anyone at Grow Contractors would seriously want to set up a competing operation on their own at this point is pure fantasy.
Les
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