Bots Inc (BTZI)

[lesgetrich]

secondly, anytime Paul has "put his money into the company" he has been paid back and then some. It's not like he was doing it for free. The interest returned is much, much higher than the interest in one's savings account nowadays.

Another Assertion with absolutely zero evidence to back it up. Show us the proof.

Paul avoided any dilution at all for the first two and a half years by using his own shares to pay expenses. During that time he took zero salary. He started out with 23 million preferred shares. He has about half of them now. From the audited 10-K...

mCig 10-K

On September 23, 2013, the Company entered into a Share Cancellation / Exchange / Return to Treasury Agreement with Paul Rosenberg, the chief executive officer of mCig, Inc., for the cancellation of 230,000,000 shares of our common stock held by Mr. Rosenberg in exchange for 23,000,000 shares of our company’s Series A Preferred Stock. As of April 30, 2017 Mr. Rosenberg owned 12,775,000 Series A Preferred.

Paul has used his shares to cover corporate acquisitions and expenses. He has never sold any shares for personal gain. Had he done so, it would have been disclosed via an SEC disclosure or they wouldn't have passed the 10-K audits.

On January 23, 2014, Paul Rosenberg, CEO of mCig, Inc. cancelled an equal amount (2,500,000 shares) of common shares owned by him resulting in a net non-dilutive transaction to existing mCig, Inc. shareholders. The remaining 2,500,000 of common shares owned by Paul Rosenberg were cancelled to offset the 2,500,000 new shares issued from the treasury to complete the purchase of Vapolution, Inc.

However, he has purchased shares that are currently underwater.

On January 31, 2017, the company sold 25,000 shares of Series A Preferred Stock to Paul Rosenberg, the company’s Chief Executive Officer, at $4.00 per share for a total purchase price of $100,000. In addition, the company granted Mr. Rosenberg a five-year warrant to purchase 250,000 shares of common stock at $0.75 per share.

His Salary and compensation is completely transparent to shareholders...





You're claim seems to be that Paul is profiting at the expense of shareholders. So where's your proof???? Paul's payback has been in increasing the pps on his remaining shares which is to the benefit of all shareholders.

Debunked Again!