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That is total BS. The code bit is an old wives' tale. It would be an outright proof of collusion by a group of people (with securities licenses, no less) working to manipulate a public marketplace. It would be called blatant fraud. The SEC and other Feds would have them in court in a heartbeat.
Not. The 11% is gross profit on sales. The expenses came from the gp and was, of course, very short. Value of shares given in prior months was over 1 million and the last q was down to $500k.
There were no expenses in the gp.
Amazing. (New tweeter site) A pre-launch of a re-launch. You got to be kidding. And the pics of those weirdo people (girls, I guess) is scary for this old dog...lol)
More BS, imo. glta playing in the gutter called vtcq.
Oops, OS is 500M with MCIG holding 230M and retail 270. Sorry bout dat.
Word Mark VITASTIK
Goods and Services IC 005. US 006 018 044 046 051 052. G & S: Tobacco-free cigarettes for medical purposes. FIRST USE: 20141201. FIRST USE IN COMMERCE: 20141201
Standard Characters Claimed
Mark Drawing Code (4) STANDARD CHARACTER MARK
Serial Number 86474282
Filing Date December 8, 2014
Current Basis 1A
Original Filing Basis 1A
International Registration Number 1277608
Owner (APPLICANT) VITASTIK, LLC LIMITED LIABILITY COMPANY NEVADA 2215-B RENAISSANCE DR LAS VEGAS NEVADA 89119
(APPLICANT) STRONGHOLD INC. CORPORATION NEVADA 2215-B RENAISSANCE DR LAS VEGAS NEVADA 89119
Assignment Recorded ASSIGNMENT RECORDED
Attorney of Record Francis John Ciaramella, Esquire
Type of Mark TRADEMARK
Register PRINCIPAL
Live/Dead Indicator LIVE
Vitastik, llc is owned by A. Santos See Nev. sos.
Yup, 2 paws up and a woof on dat.
Lmao, you have to get the "skinny" on what Paul is doing or said, or says the company is or will do, from a couple of stock forum posters. smh
I would too. If I had it, I would go to the SEC with it. This is an opinion board and proof is not a requirement. It is imo. Nothing new about opinion being stated on this board, now is there?
It was some trader/investor/insider manipulation. Not pretty at all.
Thanks for the cheapies, eh? rotflmao
Wow, what a day of dumping. Nearly all sales went off at bid, yet down only 10%. The most interesting trade was the 3.2 million trade well below the bid. Anyone know who was the MM on that trade? Perhaps one of the V MM's?
Source: http://ih.advfn.com/stock-market/USOTC/vitacig-inc-VTCQ/trades
Vita would get their "royalty" percentage on the vita sell price, not the buyer's sell price. jmho
The more correct term would be commission, not royalties, as the company doesn't have patents or any other ownership of the process to manufacture the products. MCIT and VTCQ are just resellers of other peoples products. A better of master distributor is independent sales rep. company.
again, jmho
Does not matter. It is income, either way you treat it.
The example I really don't know what you are saying. Extrapolation of past numbers can be very speculative and perhaps, a fools game....
Hmmmm...any income is offset by the overhead of the company. Doesn't matter if it is treated as revenue or other income on the bottom of the P & L.
It is very convenient, btw, that potential income is based on off-shore operations that we have no way to measure the true results of their efforts. Typical penny stock move, imo.
I truly believe people are getting led down the pea patch with Paul.
gl
On the other hand, 90%+ of the people trading here could care less if the PR's are true, or the company is legit. It's all about the pps going up and making a positive trade for bank. It is interesting the length many will go to support that reality of the OTC. jmho
Enjoy your trip, trader.
VTCQ isn't in the red is it?
Have you noticed that vtcq is up on the day? Serious dumping today, look at time and sales report. BTW, never have seen any connection to the big boards and the OTC momo only driven market of dubious and often scam companies. VTCQ and MCIG are in the OTC....LOL
Very serious dumpage today.
How will we notice?
What is significant about Feb. 15th? tia
Yep, increases the speculation for the future well being and growth of the company and the baby spin off too! rotfl
They lost $400,000 last Quarter.
KANNAWAY? You have to be kidding!!!
.1942. LOL Merry Christmas!
Peterbelt100:
Here is a P & L analysis for your perusal:
Q 2 (2nd 3mo. period of the current year) was 885,556 and gross profit was just 101 , 676. Expenses were 522,325, leaving a NET LOSS of (420,649)
For the first 6 months, mcig lossed...(1 ,083 ,797) on the 6 1st 6 mo. of this fiscal year on revenue of $1 1/4 million.
Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11065819
I know that. The commissions had to be reported in the p & l, whether paid in cash or share equivalent.
bs
Seems the gross margin with this new direction with mcig can't begin to cover the overhead. Looks like a pea poor business model he has moved too. Paul seems to be using "on the job training" for himself on mcig and vtcq.
jmho, of course...
Holy Moley!
Go to: http://tmsearch.uspto.gov/bin/gate.exe?f=searchss&state=4805:og06ez.1.1
I believe it was originally setup under Al Santos back in 2014, but now is listed as Stronghold, which is a Nev. corp. owned by Al.
I believe the overseas product is being sold under the vitastik brand.
Owned by Al Santos per the gov. patent and trademark office records.
That idea was abandoned. (As most PR initiatives have been by mcig and vtcq)
Bet you know and don't really care.
Look at the action items. Same date of articles of incorp. If Al was the first officer(s), then I am wrong.
That was the date of when it became active, not this change. gl
Who knows? For sure that all penny stocks like to keep the game complicated so the holders don't know what the hell is going on and going down.
I suspect that Al has found a money man (probably toxic one) and is buying out mcig's vtcq stock. Suspect that to pull this off, vtcq may have to sell stock via the funder and/or do a R/S or raise the A/S.
New officer of vitacig, inc. Looks like Paul bailed out and Al took over. ???
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=4vj3QOGJMl1j1dl5DXIppQ%253d%253d
See Bubba's last post or the stickie note....IT IS A HOAX.
Great DD Bubba. Marked for that post. Too damn funny...what a cesspool this is here. rotflmao
There isn't any, but you got this post today....
HeedTheChief Tuesday, 12/01/15 11:56:20 AM
Re: None
Post # of 4925
I suspect news was leaked on the potential Phillp-Morris
buyout!
Buckle Up Folks$$$
Good grief!
I understand that Colorado Springs is not rec. mj, but is medical and requires a "red card." Did you have to get a script from a doc?