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Re: MD-420 post# 92833

Monday, 02/12/2018 1:16:09 PM

Monday, February 12, 2018 1:16:09 PM

Post# of 112675
The AS count hasn't been disclosed as far as I know, but it doesn't really matter. mCig and OBITX both probably want to keep the share count low to maximize the pps so that they can fulfill their expectation to uplist to NASDAQ within 12 to 18 months.

Of course, mCig is playing this for their benefit (which is to our benefit as shareholders). The $.55/share dividend value means that on the ex-dividend date (XDATE) the share price of mCig will be reduced by $.00055/share, which is a negligible amount. Had they waited to report OBITX revenues, they would have had to have been factored into the dividend value and mCig shares would have taken a bigger hit. Now they're free to report OBITX revenues without affecting the dividend value. Every shareholder wins on the lower tax on dividend income and smaller hit on mCig's share price. The $3.3 million market cap is the $3.3 million mCig paid for 420Cloud and the programming talent that came with it.

To follow up on our earlier conversation, OBITX will now be judged primarily on its revenue and earnings potential, as well as it's assets in companies that it incubates or partners with. Those assets may or may not be an actual cryptocurrency of the other company, but just like the price and volatility of one stock doesn't normally correlate to the price and volatility of another stock, the price and volatility of one crypto doesn't necessarily correlate to any other crypto.

Les