Bots Inc (BTZI)

[lesgetrich]

$1/shares will be the free shares if you are a mcig stock holder.

This needs a bit more explanation. The dividend shares will be assigned a value as of the day they're awarded - the ex-dividend date or EX-DATE - the first day shares trade without the dividend. Anyone who owns shares prior to that date receives the dividend even if they sell their stock after that date (the dividend shares won't actually appear in your account until several weeks after the ex-date). The value assigned is basically a book value (i.e. how much the new company's assets are worth divided by the number of shares outstanding).

When Vitacig (VTCQ/OMHE) was split off as a separate company from mCig, shareholders received those shares at a cost of $.0001/share. This was the value of the dividend which had to be declared as a gain on our taxes just like a cash dividend. It was also the cost basis to calculate any gains when we sold the stock.

So on the ex-date, we received 1 share of VTCQ/OMHE for each mCig share we owned. On that same day, the value of mCig stock was reduced by $.0001/share (barely noticeable). So technically, value was simply transferred from mCig to VTCQ/OMHE.

We don't yet know what the value of the OBITX shares will be on the ex-date. However, the real gain will happen once the OBITX shares start trading. My previous analysis showed that the ex-date value could be as much as $.203 or $2.03/share based on the value of stock mCig received from OBITX. VTCQ/OMHE shares peaked at close to $.20 the day they started trading before settling in under $.01/share 9 months later after a long period without much good news. Even then, shareholders would have seen a 50x to 100x gain from their dividend shares.