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Unlike the cigarette vending machines from the past, the Kiosk in Hollywood will be sleek and modern and attract people waiting and those that are curious.
great placement….would like to know the $'s involved
visit and observe, feedback would be appreciated
thnx
SOP
mCig, Inc. and VitaCig, Inc. Launch First Retail Location At World Renowned Dolby Theatre in Hollywood
BEVERLY HILLS, Calif., Dec. 11, 2014 (GLOBE NEWSWIRE) -- mCig®, Inc. (OTCBB: MCIG) ("mCig"), a technology company, is pleased to announce that the company together with its 47% owned affiliate VitaCig, Inc. will be launching a jointly operated retail outlet at the world renowned Dolby Theater (formerly known as the Kodak Theatre) located in the heart of Hollywood alongside the "Walk of Fame", at the Hollywood & Highland Mall.
This high-traffic area draws nearly 18 million visitors per year and over 100,000 cars per day. The Dolby Theatre also hosts some of the most important red carpet events and galas including studio movie premiers, the Grammy's, and the Academy Awards (Oscars). The specific location for the mCig/VitaCig store has been strategically placed directly in front view of the Hollywood sign where thousands line up everyday for photos of this world famous view. The retail location is directly in front of Starbucks, centered in the smoking section, and across from Lids sports shop and will be opening for business tomorrow December 11, 2014.
"I am very excited to be launching our first retail location in such a prime high-traffic area, directly in front view of the famous Hollywood sign. We will be leveraging the healthy LA lifestyle for promoting both VitaCig and mCig products. The Vitamin Vaporizer has taken off amongst the health conscious Hollywood elites, and this store will help us get it in front of thousands from around the world everyday. The beautiful VitaGirls will be on staff seven days a week, educating the masses and our personalized laser engraving machine should act to fuel sales with tourists. We will be rolling out several more of these high foot traffic locations nationally this year. "
- Al Santos, CEO of VitaCig, Inc.
"For mCig, Inc. this first location marks our entrance into direct-to-consumer high value distribution. We view the Dolby Theatre as the perfect place to help promote VitaCig and mCig products to a global population. As people discover the benefits of our products they will return home and share them with their friends and family creating a virtuous cycle and network effect. We are looking to make the VitaCig and mCig products part of the memorabilia experience of visiting the infamous Hollywood Walk of Fame much like other great American products have done in the past."
- Paul Rosenberg, CEO of mCig, Inc.
I'm gonna have to go visit that Vitacig kiosk.
Good…thanks….lets get VCIG-paparazzi-shots-ASAP
Vitacig Kiosk in Hollywood is OPEN!!!!! Its by the kodiak theatre!!!! BOOM!! PROGRESS!!!!
You said that you have never tried mj?
“GV the COO did 15 hits on 3 mcigs with THC levels as high as 90% all in about 5 mins.”
All of a suden your an expert? JAJAJA
Should I forward your following coment to the coo ? “The COO clearly has a drug problem.” Do you like being sued dude ?
Your following coment is so ridiculously funny.
“I don't want any worthless MCIG shares, but I will come around to let you know”
Fist you said that you wouldnt be back but again you lie. You continue posting and coming out with lies.. Now you want to continue to COME AROUND. JAJAJA
Meanwhile your uga_ that you were so pumping everyday went from 35 to 8 jajaja. How many people did you burn and how many lost Millions? Your las vegas comodities sure crashed and burned. Your Gas went up in smoke.
GV the COO did 15 hits on 3 mcigs with THC levels as high as 90% all in about 5 mins. That is like slamming 15 shots with alcohol levels up to 140 proof hardly like drinking one beer. The COO clearly has a drug problem. Anyone that can't see most likely have a drug addiction problem as well. Smoking pot warps your sense of reality. It makes you think that MCIG is right up there with FB in the investment world. MCIG is a POS penny stock that had a fantastic run into the low .90's on the momentum of the CO legalization. It was a great op that came at just the right time but that was then and this is now. As far as you claiming I'm bashing to buy it cheaper. I haven't been around while MCIG dropped I posted all the support levels it would potentially bounce off way back when it was in the .70's. It hit every one of them. The last one I mentioned in detail was .17. Do you remember the bounce off .17. Well .17 was the last major support level and now MCIG is below that level, triple bottom breakdown not to be taken lightly. Wake Up MCIG is going lower yet again. 12 with little support .09 may bounce up to .12-.13 then below .09 its about .06. Scare people are you kidding why would I want to buy MCIG ever again? Ambassadors? are you joking, I think they are all low rent losers Paul picked to represent his product. "Bash to steal shares from people" They say smoking pot makes you paranoid after reading that I believe it. Lie to steal shares.
I don't want any worthless MCIG shares, but I will come around to let you know how MCIG Chart is doing on the way into the dirt.
I have wasted enough posts on this worthless stock for a day. See you at .09
I bought most of my shares at 10 cents. Again you lie and you continue to lie when you say that I’m underwater LOL. Even if I was down I wouldnt worry about it because when I bought facebook and they went down it was only for a while because they came back stronger than ever. The only people that lost were those weak hands that sold.
You instead pump some crazy comodities like uga_ and dga_ . The whole time you knew they were “POS” your own word “POS” but you Pumped those full of gas comos and you burned alot of people.
Hey what happened when you said that Mcig was lying and that they would never do the Vcig spinoff? You tried so hard into scaring people by lying.
Still waiting for that apoligy. Vcig is here and in your face.
You have your way of making money which is being a flipi and other people prefer a better method with bigger and better rewards. Without the having to check and worry every minute if your stocks will go down like you do.
"Stock ownership is about making money not love for a product."
"I made very good money on MCIG but knew when it was time to leave."
When I bought facebook I didnt panic. I knew that the stock was a good company and that it would come back and I have now been well rewarded. All those lawsuits look so silly now.When I bought netflix I also invested and waited and again I was well rewarded.
You want to be a flipi go ahead. But dont bash long investors because they make more money.
Do I freak out or pull my hair and check every minute like you do dud of course not. You go ahead and be a flipi but let longs be longs who will make more money in the long run.
Stocks go up and down all the time but the Gems the good companies will reward you very well and that is what Mcig and Vcig will do.
By the way you should really try out some of the products there the best.
GV your well underwater in MCIG and its your fault and no one elses. Think about it MCIG was .90 and then .80 and you never sold it. Now it is barely hanging on to .16 but your still hanging on. When I said MCIG was OK I meant it it was just OK. Vcig priced themselfs out of the market at $5. Forget about how good or bad the products are focus on the only thing that is important the STOCK and you are underwater.
WAKE THE F UP and get your priorities straight. I made money on MCIG because I could care less about the product and I didn't cloud my vision by getting high like you and all your bagholding buddies did.
Party on guys ride MCIG into the dirt.
as far as UGAZ goes it is a 3X leveraged etf that tracks a NG index anything said about it makes absolutely no difference in the price. NG is extremely volatile moving up and down all the time based on supply demand wx. UGAZ/DGAZ are both weighed down POS's that will get rs in 2015 so whats your point? You make money by trading them not holding them.
Im going to go away so you can't blame me for what is about to happen to MCIG and I'll be back at .09 to tell you I toldya so.
dud so your saying that if any of your friends or family have a beer then all your friends are alcoholics.
You said you never tried any of the products but then you say that they were ok. That makes no sence. Criticising a product that you never tried and I dont believe you ever bought any.
The shares you talk about have never been put on the market. The Ceo has never sold them on the Float. So again you Lie over and over again you keep lying.
The Ceo giving shares to celebrities to pay for there services is a great way to acquire brand Ambasadors. Nobody ever works for free. You yourself are not here bashing the company for fum your doing in the hopes that you can scare people and cause the price to go down so that you can buy cheap shares other wise you wouldnt be bashing and working and working and working to bash.Your motive is to constantly bash to steal shares from people. You lie to steal shares.
You said Mcig would Never come out with the Spinoof of Vcig and here it is in your Face. Again you lied and you got burned.
By the way how many people did you burn with UGA_ ? You were pumping that stock everyday and now you Bash it everyday. Never trust a dude full of gas.
MCIG didn't "lock" the TA. That TA chooses to do business that way with all of the stocks they maintain because otherwise they would be continually bombarded by phone calls from shareholders wanting to know what today's float is. It has nothing to do with MCIG.
Yes, I'm down about $15,000 on my MCIG shares. I'm calculating that with everything that's in the pipeline, this will be green by next spring if not sooner and, while it may dip a bit lower before VCIG starts trading there is no reason to believe it will get anywhere near the levels you're predicting. You also predicted we would never get the VCIG shares and that the divy was all a scam.
There is less than 7 million shares out of 270 million OS that could have been added to the float. I've shown were they all came from (99% came from Paul's 16 million issued shares). Where is there any record of your supposed 125 million shares? If they were owned by the company or by Paul, they would show up in the financials. They don't exist except in your imagination.
les what's your cost basis on MCIG?
Why haven't you sold at much higher levels?
Because you love your Mcig.
Stock ownership is about making money not love for a product.
I don't have that confused.
I made very good money on MCIG but knew when it was time to leave.
I have seen just about every dilution scam there is. MCIG locked the TA last fall and wouldn't update the float after that. That was the first warning sign.
Mcig is a bit of a different twist to an old game. The purpose is the same unload shares on Newbies. Let Newbies pay for business ops.
That is exactly what MCIG has been doing by issuing shares to pay for celebrities billboards etc. They just simply retire an equal number of shares that weren't trading. It makes the naive newbies feel good. Either way your still paying for all the stuff and the price of your share keep going down.
so whats your cost basis?
Are you going to ride MCIG below your cost basis if you haven't done so as of yet? Believe me I won't be surprised I have seen guys ride stocks into the dirt that they were up 1000%s for all kinds of stupid reasons. I'm a long term investor, I love this company, I love their products, Im a loyal shareholder. Are you forgetting MCIG is a pos penny stock it was super sub penny at one time and could end up there once again.
I wouldn't worry too much about it. The shares were distributed by MCIG on Nov 28th. The rest is just processing time. Each brokerage has to receive their shares then divy them up to their customers according to who the shareholders of record were on the 28th. Every brokerage does this on their own and their processing times vary. I've seen, in other case, where they can be up to a week off from each other. If you're really worried you can call your broker, but I would give them until the end of the week.
Anyone who believes your ramblings about float has not done their dd. From my post # on the MCIG board...
MCIG's pps fell along with the whole sector. Nobody could have predicted that the whole sector, without exception, would fall as much as it did 9 months ago. I don't "play" the stock. I'm a long term investor and look at the big picture, not the daily/monthly fluctuations. People should buy and sell according to their risk tolerance. Right now, I would buy at these prices if I had more ammo. What will drive the pps ultimately is earnings and revenue. Our last financial numbers were from July 31. As mentioned in previous posts, a lot has happened since then to improve the numbers for the next financial statement (thru Oct 31) which is due any day now. Even more has happened to drive the numbers up further for the following financial (thru Jan 1, 2015) due in mid-March.
As for the float:
shareholder value has been enhanced-though-the-spinoff….value-has been-LOST through a stagnant marketing campaign which has required the ongoing use of shares for results ( lack thereof )
IMO, VCIG was spun off to try and position it as an ACQUISITION target, and THEREIN lies the reward, VCIG just needs to conclude the spin off, then be put on the block………MY THEORY
Acquisition because the sale proceeds should fuel the next big push for MCIG products and marketing
if no acquisition, the trading price for VCIG better equal or exceed the MCIG price in first month of activity
GV thats because all your friends are potheads/mj smokers etc. they aren't stock traders. I see that word Love in your post. Love of the product. I never tried the 15 Mcig or any of the 200 Vcigs that I bought. I let other people use them and got their reaction. I prefer to remain neutral. Over all Mcig 2's were ok but they all broke. The $2 Vcig is a fad IMO and now its over priced at $5. Plus no availability in the convenience store chains.
"You lie when you say that they dumped shares when you know very well that, that isnt true."
No I don't lie Paul just mislead you. He did a 10 to 1 fwd split taking the float share count from 25 mil to 250 mil. Before that happened the tradable float was only 12.5 mil. That meant 12.5 mil shares were not trading just sitting idle. Those shares became 125 mil shares just sitting idle.
They were there for a reason,which was revealed when the celebrities and billboards were paid for with new shares issued. Yet Paul said he would retire an equal number of shares so he could claim no dilution. Sounds good to the shareholder at first glance. So pauly issues new shares gives them to the low rent celebrities and the billboard company. He then takes an equal number of the 125 mil that were never in the tradable float and retires them. This way he the OS stays the same at 270 and he can claim no dilution, by definition. You guys ate that shxx up and can run around spouting no dilution as the price of your loved MCIG shares continue to dive with every new share that hits the Tradable float.
When MCIG could not get above .80 after an Cnbc interview I knew the top was in. You didn't want to hear it and you don't want to hear that MCIG is headed below a dime.
I leave you alone and check back at .09 to see how your loving your MCIG
Well said lesgetrich. We have arrived !
When my friends saw that video they ran out and ordered Mcig’s. They still use them and love them. All mj stocks are down the whole mj sector not just mcig. You lie when you say that they dumped shares when you know very well that, that isnt true.
Mcig and Vcig are great companies that are always inovating and coming out with new products.
Long and Very strong.
The video you need to sticky here and on the MCIG Ihub pumper page.
Here's what happens when you 'vape' hashish for TV
Jane Wells | @janewells
Tuesday, 8 Apr 2014 | 1:43 PM ET
http://www.cnbc.com/id/101565403
Here's what happens when the COO of a company vape hashish for NATIONAL FINANCE NEWS TV IN A TEE SHIRT NOT ONCE BUT 15 TIMES.
THE STOCK GOES ON A NON STOP SHXXSLIDE
MCIG has dropped from .80 that day to .14 once the weak bounce is over the dilution slide will continue below .14 it will go to .09 then below that .06. Will re asses the shxx slide at that pt.
Watch the video and see how clueless the COO is to what he is doing in the eyes of smart money investors. I guess thats why they call it getting wasted. He calls it medicated. MCIG has medicated all its bagholding shareholders into thinking what a great investment it is while they dump 125mil shares into the float. actually a pretty good scam
Good to see the progress here….shares-are-money…they-cost-MCIG
6 months ago $10K in VCIG-spinoff/MCIG corps was worth twice as much
VCIG gotz some catching up for us……..
VCIG dividend posted to TradeKing:
Symbol: V008568 Vitacig Inc 16,000
Progress. Not ready for trade yet, but a step in the correct direction.
Vitacig shares dividend shows in my Schwab acct!!
Anybody want to guess date Vitacig will start trading , or pps at end of first day of trading? May be interesting to compare thoughts on pps on end of 5th day of trading as well...
It is my understanding that the divi shares won't be tradable for a while, so at opening of trading , there will be a restricted float... Then pps should stabilize after a bit...?
Should be interesting...!
Peace folks!
DD
There has been no dilution of MCIG shares. The OS has been constant at 270 million shares for over a year. There is no toxic debt or any significant debt at all. MCIG has been operating on a cash basis from existing revenu. They just collected on a $350,000 PO and have other deals that have yet to be announced. There has been no or minimal increase in float since all executive compensation is restricted and sales by executives need to be filed with the SEC before they occur. Only about 15 to 30 million shares out of a total OS of 270,000,000 shares have been assigned for executive compensation in the past year and they are restricted.
You should question anyone who says that the float has increased since there is absolutely no evidence to support this conclusion.
MCIG is reacting precisely as I predicted in previous posts. Now that the dividend has been declared, folks who were holding on for the dividend have been selling off. I expect that we're close to the bottom now and may have already reached that point. There are others who are trying to drive the price down so that they can take your shares. In any event, there are plenty of signs pointing to a very good financial report from MCIG which is due by mid December. There are also several products in the pipeline (e.g. MCIG+ and LiqCig) on which we should see announcements pretty soon. Finally, trading could start on VitaCig shares at any time within the next month. When these cards fall into place you'll be happy you still own your MCIG shares.
MCIG setting up for a Triple Bottom Breakdown
http://stockcharts.com/h-sc/ui?s=MCIG&p=W&b=5&g=0&id=p12596645112
Target range .12-.09 for a weak bounce play
Later target .068. If the VCIG spin off ever occurs.
Hang in there guys your spin off shares are coming. Just at an incredibly high price.
Low Rent Celebrity promoters and now a low rent actor to be a CEO. This is what happens when you have a company run by a bunch of potheads. The Bailout sign was lit when the pothead went on National TV and smoked 15 hits on their MCIG with THC up to 90%.
Problem is most of the MCIG shareholders are Potheads as well and they have warped sense of value.
lol No dilution What a bunch of crap. The tradable float has been increasing for months you just don't see it as long as the OS doesn't increase your OK right, Wrong.
VitaCig, Inc. Appoints Hollywood Actor/Producer Al Santos as CEO, Prepares for Public Listing
BEVERLY HILLS, Ca, December 3, 2014 -- (GLOBE NEWSWIRE) - VitaCig®, Inc. (OTCQB: Pending Stock Symbol) ("VitaCig"),a technology company that owns, manufactures, and distributes the VitaCig® products, is pleased to announce the official appointment of Alfred Santos as Chief Executive Officer of VitaCig Inc. in preparation for its public listing.
" I knew the first moment I inhaled the VitaCig, that this product had world-changing potential..."
" VitaCig is an opportunity that only comes along once in ones life,"
" It will succeed and become the newest and most innovative Vitamin Delivery System of all time. Furthermore, when you review the pipeline of products we have scheduled to launch over the next 12 months, Vita is a name every household worldwide will soon recognize, and be using."
http://archive.aweber.com/mciglist1/P38bH/h/VitaCig_Inc_Appoints_Hollywood.htm
That would keep us hungry all the time but i like it.
I found this UK Website of VitaCig and you can purchase them already http://vitamin-ecig.com/ I also found a mcig website in spain looks like its still under construction http://www.mcigspain.org/
I believe the next new Vitacig should be BACON FRYING!!!!
Anything's possible, especially if there's real low volume due to the holiday. It could actually go either way.
since the market is closed today,,,im wondering if mcig will get into the teens on Friday ?
For anyone not following the conversation on the MCIG Board, MCIG declared their dividend today. It appears that their PR today was innaccurate in stating that the ex-dividend date was today but that you could still buy MCIG until the end of the day and get the dividend. This is impossible. By definition, an ex-date is the first day that a stock trades without the dividend. It has also been confirmed by one of the Board members via a conversation with someone at FINRA that the stock price for MCIG was adjusted last night (Monday November 24) for the dividend value. This would seem to confirm that Monday was the last day that you could buy shares of MCIG and still get the dividend.
The PR also stated that Friday would be the Record date and the Payable date. We are waiting for clarification from MCIG. In any event it has been confirmed that the dividend will be paid soon - probably Friday - but we will have to wait for the listing and stock symbol to be approved before trading can start. This process was supposed to take 30 to 60 days according to their Nov 6 PR so we're probably looking at December or January.
So we can still get the dividend.
The PR said it would take 30 to 60 days to get a stock symbol and the OK from the SEC to start trading. After that, the MCIG Board of Directors has to formally declare the dividend. It's only once there is a formal declaration and the OTC Market agrees to list the shares that the XDATE can be set by the OTC market. This will be at least 30 to 60 days after the PR was released.
We're probably looking at mid-December or early January for an ex-dividend date and I'd be surprised if we start trading before the 1st of the year. If so, it will probably be to our advantage since we won't owe tax on the dividend until 2016.
Yeah I've had one or two disposable ones with the same problem.
I might have to check out the new system.
Exciting time for VitaCig.
New products, S-1 accepted.
Think we'll see ex-date news this week?
mCig Obtains SEC Approval for VitaCig Inc. Spinoff, 1:1 Dividend, and IPO
BELLEVUE, Wash., Nov. 6, 2014 (GLOBE NEWSWIRE) -- mCig®, Inc. (OTCQB:MCIG) ("mCig"), a technology company that owns, manufactures, and distributes the mCig®, VitaCig®, and Vapolution products, is pleased to announce that on November 5, 2014 at 4:00 PM Eastern Standard Time the Securities and Exchange Commission's ("SEC") declared effective the VitaCig Inc. amended registration statement (S-1) filed on October 16, 2014 and originally filed on April 21, 2014. The effective notice allows the company to complete its strategic spinoff and pro-rata dividend of VitaCig Inc. to all mCig Inc. shareholders creating two companies pursuing two separate market opportunities.
Following the spinoff, mCig Inc. will continue to pursue the development and growth of its wholly owned brands: mCig® and Vapolution. The company will also turn its focus towards additional M&A opportunities within the global legalized cannabis industry. The company will continue to retain 246,000,000 shares of VitaCig Inc. representing nearly 49% of the company's shares outstanding at the time of the spinoff.
VitaCig Inc. will focus exclusively on the nicotine-free mobile vaporization industry while continuing to innovate its core line of products. In anticipation of this spinoff, the mCig Inc. board initiated a CEO search and has identified several promising candidates. The board plans to formally announce the new position prior to the initiation of trading in VitaCig Inc. shares.
Spinoff, Pro-Rata Dividend Details
With the registration statement effective, mCig Inc. can now declare a 1:1 dividend of VitaCig Inc. shares as disclosed in the registration statement. This will result in one (1) VitaCig Inc. share automatically credited to each shareholder owning one (1) mCig Inc. share (eg: If you own 10,000 mCig Inc. shares you will receive 10,000 VitaCig Inc. shares). The company will be completing the necessary paperwork to declare this dividend over the next few days and will update shareholders once the dividend has been declared.
The company will also be filing a Form 211 with FINRA and OTC Markets, LLC clearing VitaCig Inc. for trading on the OTCQB. This process is anticipated taking 30-60 days from the time of filing. The company plans to complete the paperwork by the end of this week. The company will be submitting two choices for a stock symbol for VitaCig Inc.: "VITA" or "VCIG". A Press Release will be issued announcing the final symbol selection by FINRA when it is provided.
"We continue to deliver what we promised. While this process was somewhat lengthy at seven months, the result will have profound effects on the future of our company. Let us start with mCig Inc. Our balance sheet will now be strengthened by our ownership of nearly 250,000,000 shares of VitaCig Inc. These shares will allow us to raise capital by selling down shares from time-to-time while incurring zero net dilution to mCig or VitaCig Inc. shareholders. Any sales made by mCig Inc. will be reported to the SEC and made public as transparently as possible if and when they do occur. Our goal is to utilize this capital for growth in the industry we believe in most: Cannabis legalization."
"As for VitaCig Inc., in less than 4 months it has eclipsed mCig and Vapolution in sales, WDRs and customers. At this stage the brand is exceeding every expectation we had for it and the recent award of trademarks by the US Patent and Trademark Office for the term: "VitaCig®" has allowed the company to scale its operations much quicker than when we focused on direct sales. Currently, the company is negotiating several country-specific master-agreements, each of which is potentially worth millions of dollars. In fact, we have identified two potential candidates for CEO that can take the company to the next level both in raising capital and growing sales. Sometimes in life, it is good to know when to let the training wheels come off. We think that moment with VitaCig is now and we are excited to be the largest long-term shareholders of the company," said Paul Rosenberg, CEO of mCig, Inc.
About mCig, Inc.
mCig, Inc. (OTCQB:MCIG) is a technology company focused on two long-term secular trends sweeping the globe: (1) The decriminalization and legalization of marijuana for medicinal or recreational purposes (2) The adoption of electronic vaporizing cigarettes (commonly known as "eCigs") by the world's 1.2 Billion smokers. The company manufactures and retails the mCig® – the world's most affordable vaporizer priced at only $10. Designed in the USA – the mCig® provides a superior smoking experience by heating plant material, waxes, and oils delivering a smoother inhalation experience. The company also owns Vapolution, Inc. which manufactures and retails home-use vaporizers such as the Vapolution 3.0. Through its wholly owned subsidiary, VitaCig, Inc. the company manufactures and retails the VitaCig®, a $5 nicotine-free eCig that delivers a water-vapor mixed with vitamins and natural flavors. See more at: http://www.mCig.org/, www.Vapolution.com, and www.VitaCig.org
The company believes that a well regulated marijuana industry is emerging as more states follow the lead of Washington and Colorado in legalizing marijuana. A similar trend is developing within the eCig industry following the first acquisition of an electronic cigarette brand (Blucigs) by a traditional tobacco company Lorillard Inc. for $135 million followed by another acquisition in February 2014 by Altria Group Inc. of Green Smoke for $150 million. Wells Fargo analyst Bonnie Herzog estimates that eCig sales may rise from $1 Billion in 2013 to $10 billion over the next three years.
mCig, Inc. (OTCQB:MCIG) has positioned itself as a first mover at the intersection of these two trends and hopes to create shareholder value by making the mCig® one of the leading choices for electronic consumption of plant material. - See more at: http://www.mcig.org/investors/investor-opportunity-subpage/
Safe Harbor Statement
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company's products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies.
CONTACT: Paul Rosenberg
CEO
1(425)652-5946
Source: GlobeNewswire (Nov 6, 2014 11:23:06 EST)
I like your idea about the disposables. I saw the adjustable knob and had to dial it down to get the type of hit I liked. I am a lightweight and cough easily. Matt is getting me the info so I know how to talk it up. I really like it so far and cant wait to try the other flavors.
Yeah, I can't see carrying that case in your pocket. It works for storing, but if you're storing it you're not using it, unless you pack it for a trip. Perhaps you can have a new selling pitch. Use the disposable VCIG on the go and the vape pen at home. It may get folks to buy both.
Another selling point, the voltage is completely adjustable using a dial at the end of the pen. I didn't even notice the dial until someone on the MCIG board pointed it out to me a day or so later. If the draw tastes a little harsh, you can dial down the voltage. Several times I've found that I got disposal VCIGs that had a harsh draw and there was nothing I could do about it.
Hi Les,
I'm sitting here toking on mine to see what I think about it. I like the draw also. So far I have tried the energize flavor and it tastes great! I don't mind the length as much because it feels right when you smoke on it, but I also haven't tried to bring it with me anywhere to see if its awkward to carry (the unit or the case).
The case is a bit large, but at the same time I feel I am trying to cram stuff into it. The reason is I don't like the pouch set up inside, but I bet it is standard for every kit out there though. Maybe a mini case designed around the size of an eyeglass case would be appealing as on the go storage.
Yeah, I know the mcig head fits the battery, but if they are selling a lifestyle poroduct knowbody will want to walk around with that set up. lol.
The lazy pen has a good idea in offering a tank and dry herb head. It gets a lot of "ohh really both liquid and dry heads? cool." I thought about breaking down his kits and selling the dry herb head with the vitacig kit, but I don't like the look. I think I will order a few dry herb heads to package with the vitacig. We don't really push the lazy pen because of our experience with the one unit. I was waiting for the vitacig kits because just from looking at the pictures of the units I could tell they were of better quality and I knew I could use the lazy pen to sell the vitacig units by comparing the two. Besides, we genuinely like the mcig/vitacig products and would end up bringing customers back to our products for purchase.
I don't mean to give such a harsh review of the lazy pen, but we couldn't believe it after only limited use it was showing stress. I still think I can sell them though even after relaying my product experience to a prospective customer, but right now this is all about mcig/vitacig.
Les, I would like to get more product description out there on the vitacig unit. I want to know the details so I can talk to people about it. So far all the descriptions are limited.
I really like the new vitacig vape pens. They seem really sturdy and have a nice easy draw. I only have three negative comments. One, they really need to include instructions. It took me several hours and some post exchanges with other members for me to figure out all of the functions. Second, it's a bit long/heavy/bulky which makes it a awkward to carry in your pocket. On the other hand, the better draw may be worth the inconvenience. Finally, with seven flavors, it's hard to keep track of what flavor I've loaded into each atomizer. Not sure how to solve this unless you have seven different color coded atomizers or a multi-color setting on each atomizer.
In any event, these atomizers are comparable to what they use at my local vape bar. The positives way outweigh the negatives.
By the way, the mcig herbal atomizer will fit the new vitacig pens. It may look a little strange and I'm not sure how well it would work since I haven't tried it but you could check it out and let us know.
I haven't posted in a while. Here is an email I just sent to Matt over at mCig/Vitacig. I make some market / product / competitor comments.
to Matthew
That's great news. I'm getting more excited about these (vitacig kits) because the rebranded lazy pen is a real piece of shit. Yep. its so bad I need to say it full on. I told you the rubber button on their product broke after 4 hrs and we taped it with electrical tape to keep it working. Now the liquid tank is not working properly and leaking just after a few uses. So I am looking forward to this shipment with the expectation your products will be an easy upsell when compared to the lazy pen. You know the crazy thing is, the ecig/vaping market is so good right now, I think I can still sell his stuff even after pointing out the flaws...and do it for a profit even.
I also want to reiterate the idea of developing a dry herb mod for the vitacig non-disposable pens. While I don't really like the lazy pen, having the dry herb mod is attractive and I would consider it the lazy pen's only desirable feature.
An update about the flea market effort.
Our first month we did almost $800 in sales. Today's sales almost covered our monthly rent. I expect we will get better and eventually be able to make our monthly rent in one day (or less). Chris made some great mcig sales today with some customers whose circle of friends will probably like it and come around to buy one themselves. I think we will be able to develop a following so by the time the holidays are over and the flea market traffic dies out we will still get customer flow as word gets out. I have decided the $20-$25 price point is perfect based on the reactions we get at the booth so far and I get more confident with each sale that we are onto something.
We had a previous vitacig customer come around today asking if we had the juices yet. They said they would try and make it back next weekend when we are stocked. Finally, with optimism building about this little mcig / vitacig project. I am going to try and go to Daytona and set up for a month. I talked with a guy who has a booth credit over there and I think I can use this to try the Daytona market since I don't have the papers to do it directly. Everyone says its better than the Sanford market so we hopefully will get a chance to make it over and try it out this month. Maybe even next weekend.
So, in all Matt, I would have to say as far as I can tell things are moving in a positive direction.
Here is our instagram feed. It shows a little of what is going on at the shop.
http://instagram.com/hazybotanicals?modal=true#
rane
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