Everything that has been said about Omni is totally feasible. This 10k shows why vitacig gave up their brand and shifted their bussiness. That is all. There was some information in that 10k which leads me to believe they are likely doing well and why would MCIG have accepted shares at.02 a share last week instead of a cash payment unless they had good reason to believe the value would be much greater. I have been watching the trading and have seen nothing that appears to be a massive dumping of shares. Hopefully we will get more news before Monday.
The fiscal year end is April 30.
Our Company
The Company operates a pharmacy in Hialeah, Florida. All of our operations are conducted through our wholly-owned subsidiaries, Malecon Pharmacy, Inc. Malecon Pharmacy, Inc., is a vertically integrated company focused on healthcare and operating in the highly lucrative pharmaceutical, medical and wellness industries, since 1974. We are licensed provider of innovative health, wellness and pharmacy services through our pharmacy located in Hialeah, Florida.
Employees
As of April 30, 2016, the Company had no full-time employees and five independent contractors (including two members of management). Currently, Malecon Pharmacy has seven full time employees and three consultants. All employees of Malecon Pharmacy are considered work for hire and maintain no long term contracts. We may hire temporary labor for manufacturing needs as required. We believe that we will be able to hire a sufficient number of qualified employees to meet our employment needs. Our manufacturing process does not require special training, other than orientation to our production techniques and specific equipment. None of our employees is represented by a labor union or a collective bargaining agreement. We consider our relations with our employees to be good.
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