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Agree 100% with your post. Vitacig products were never going to achieve the kind of notoriety and acceptance that would make them phenomenal. On the other hand Malecom with proven revenues and real assets offers real hope to shareholders. I have to think that Malecom has something big up their sleeves to go public after 41 years. No reason for such a move if they were just going to maintain the status quo! Just my .02, dbg
Vitacig the company and all it's product lines go back to MCIG like it was before the divy spinoff. The shell of VTCQ will go to Malecon but MCIG will keep 10% of it's shares of VTCQ so they will have a stake in Malecon also.That is my understanding. This could get real interesting for VTCQ shareholders as the new company RM's into the shell.
If you read my post that is my question. Why all of a sudden after 45 years in business do they decide to go public?There certainly isn't motivation for that if they are just going to remain the friendly neighborhood pharmacy. Speculation on my part is that they have something grander in the works. If you see slow quiet accumulation and MM's playing games trying to keep a lid on it that might give us a clue. The SP moves fast on this issue as most are held pretty tight. I guess we will have to wait and see but it definitely gives you and the rest of the board some new talking points that at the very least should vitalize the conversation on this board. That by itself is a great relief.:) That is my take. dbg
This LTC Services division at Malecon looks like it could be a lucrative basis for expansion.
http://www.maleconpharmacy.com/html/LTC_Services.html
LTC Services:
We provide professional pharmacy services to skilled nursing facilities and assisted living communities. We focus our services on delivering the most appropriate pharmaceutical care cost effectively. We also provide a wide array of services designed to meet the specialized needs of the long-term care population. Our long term care customers benefit from personalized service, specialty unit-dose packaging, delivery, 24-hour/7-day availability, pharmacist consulting, medical records, infusion, and medical supplies.
You know I have this broken watch and twice a day it tells the right time. I don't always catch it when it is right but on rare occasions when I am rooting through the kitchen junk drawer looking for something like a screw or a AAA battery I stumble upon it and I'll be damned but it is exactly right. I guess that is why I keep it. :)
Sounds like soon the PR's will be "spun" by a new group of players so you might have to finally change tunes and start singing a different song as the one you have been parroting has gotten really old and annoying!You really do need a new hobby! lmao
Thanks Les for the analysis. It looks like a win win for MCIG the company ,their shareholders and the VTCQ shareholders also. These RM's can get pretty volatile and VTCQ shareholders could be sitting pretty depending on how this rolls out. I have to think there is some specific reason for Malecon to go public after 45 years of being private. I guess that is the $64,000 question. What does Malecon have up their sleeves to prompt them to go public at this time? Expansion? Additional acquisitions? This could be a nice ride and it is definitely something to give hope to the SH's who have been loyal and patient these last couple years. Thanks again for all that you contribute to this board. You have been a lone beacon in the dark all along and I am sure many appreciate it even if you don't get feedback from them. Sincerely, dbg
I don't think their customer service was really as bad as some made it out to be. I never had an issue other than when they were backlogged from the CNBC exposure and they were forthright about the impending delays. I have ordered a lot of products from them and never had to wait more than a week other than the time I related. I think a lot of the CS noise was just exaggerated and some likely the fault of the customer with bad shipping addresses and not communicating with support in a timely basis. I noticed on their FB and Twitter that they would get fishy sounding complaints posted up on their pages that just didn't seem legitimate or believable. On that last point I truly think some of the noise was fabricated by competitors in the sector to try and give MCIG a black eye. They have been stepping on a lot of toes and have made made some enemies. As far as fulfillment I will grant you that but they have had to pace themselves to make sure that production and distribution stayed in tandem. Add to that that they really have't had a boots on the ground sales division until just recently and it is easy to understand the issues that they have had to contend with. Despite all that they trudged forward and kept moving along with R&R and putting out new products reasonably in line with their forecasts. The worst is behind them and they have fared pretty well in a very competitive market as short term start-up. I don't let the little stuff bother me. I just look at the talent and depth they now have in management and I am very optimistic for their future and I think everyone else should be also. Good things are going to happen and I am going to be along for the ride when when they do. Wasn't there some moneys that were deferred from the last 10Q that everybody was upset about? That should help some and if the 3.0 turned into the big seller we all had hoped for they should ok and will show an increase in sales and revs. We really need to show some Q on Q revenue growth to get out of this hole we are in right now.
There is a couple ways you can look at that...First of all there isn't a whole lot he could have done or can do to stop the forces of the market when they went negative on the MJ/MMJ sector. And just like I previously pointed out that former longs are consistently returning to the message boards and transforming into outspoken critics of the company which is definitely a thorn in their side. MCIG puts out decent PR's that do bring in new investors but the spikes are short lived. I don't quite have a complete grasp of exactly what MCIG is going to be about over the next 3 to 5 years but they are definitely evolving despite the depressed stagnant state of the PPS.Another thing about the PPS is that they are on the OTC that is highly manipulated and subjected to naked short selling on a regular basis. Which brings me to my second point that maybe Paul isn't worried about the day to day swings and the short term because he has this grand plan in his head that he knows is going to pay off big and he is going to take us all to the promised land despite all the manipulation and hypocrisy.
This being on the greys is getting a bit old and making this stock stale. I do however believe that there is a method to their madness and therefore I don't expect them to release this beast until we get closer to earnings release. I am pretty certain the moves they have been making have been generating revs and I anticipate many updates regarding distribution and retail agreements. It is better to sit tight here in the greys until we can come bolting out of the gate like a thoroughbred with some good numbers and some juicy PR's. If they cut it loose to soon it's just going to fizzle and I don't thing anyone wants to see that.All IMHO of course....Glta...dbg
Yep one of you will be wrong! Probably the same one who was wrong about Paul converting the preferred's.
US rig plunge seen hastening recovery
HOUSTON, Mar. 12
03/12/2015
By OGJ editors
The plunge in US drilling should help the oil market recover faster than had been expected, says an Oppenheimer analyst.
In a research report on the oil field services industry, James Schumm predicts a bottoming of the US rig count—now in “one of the sharpest activity reductions over the past 30-plus years”—by midyear.
Schumm expects the current cycle, the downturn of which began in December, to follow patterns of the prior two drilling slumps in 2001 and 2008. If it does, the trough will occur in June at about 900 rigs, down 53% from the peak in September.
http://www.ogj.com/articles/2015/03/us-rig-plunge-seen-hastening-recovery.html
US rig plunge seen hastening recovery
HOUSTON, Mar. 12
03/12/2015
By OGJ editors
The plunge in US drilling should help the oil market recover faster than had been expected, says an Oppenheimer analyst.
In a research report on the oil field services industry, James Schumm predicts a bottoming of the US rig count—now in “one of the sharpest activity reductions over the past 30-plus years”—by midyear.
Schumm expects the current cycle, the downturn of which began in December, to follow patterns of the prior two drilling slumps in 2001 and 2008. If it does, the trough will occur in June at about 900 rigs, down 53% from the peak in September.
http://www.ogj.com/articles/2015/03/us-rig-plunge-seen-hastening-recovery.html
I agree.... Crude Oil (WTI) should turn north tomorrow also with the Baker Hughes Rig Count Overview & Summary Count......We will be back at a buck and quarter before you know it!
I agree.... Crude Oil (WTI) should turn north tomorrow with the Baker Hughes Rig Count Overview & Summary Count.
Canaccord Still Sees Good Long-Term Value In Emerald Oil.
Dwight Einhorn , Benzinga Staff Writer
March 12, 2015 10:17am
In a report published Thursday, Canaccord Genuity analyst Stephen Berman reiterated a Buy rating and $2.00 price target on Emerald Oil Inc. In the report, Canacord Genuity noted, "EOX has ~122K net acres (80% operated) in the Williston Basin (WB), a very meaningful position for a company of its size. The company has dialed back its 2015 capex plans to focus on preserving liquidity, which we believe is the prudent thing to do in the prevailing oil price environment. We continue to see good long-term value in EOX shares."
http://www.benzinga.com/analyst-ratings/analyst-color/15/03/5321385/canaccord-genuity-still-sees-good-long-term-value-in-eme
I concur and that is why I mentioned it. However, I support what Les stated when he correctly noted that once the transaction is a done deal that it will be a nice entry in the asset column for future MCIG financial statements.
They have the pocket vape and a lot of ancillaries for the 2.0 but their website has yet to be updated for the 3.0. It makes me wonder if they may have had some issues with the 3.0 and that has delayed official product launch.I haven't heard anything about the 3.0 for quite some time.
Definitely oversold! Emerald Oil is a bargain at these prices!!!! Nothing has changed...The weak oil prices and reduced revenue in 4Q were already baked into the SP. EOX basically hit expectations and the ER was positive and the forward guidance reasonably optimistic so there was no reason for the sharp price decline. I suspect short sellers are to blame. EOX seems to be one of their favorites to attack. The SP actually spiked pre-market yesterday.
Great news today.....Longs will have their day...$$ mcig $$
1. An ultra-compact consumer extraction machine sporting a sleek, high-end design
"The company's new consumer extraction machine features a high-tech and sleek design that reduces processing time down to just 15 minutes, less than 4X the amount of time it takes for comparable systems. The extracted product is immediately ready for use in a vaporizing device with a variety of applications and products, including medicinal use."
Other retail applications might also include herbal extraction in the food preparation industry.
"Leveraging proprietary technology, we've developed a compact extraction machine with sophisticated elements that can easily fit on a kitchen countertop, like a well-designed coffee maker," explained Paul Rosenberg, CEO of mCig, Inc.
I have not seen mention of commercial machines but I don't think it would be out of their scope if they find a market for them.
http://www.otcmarkets.com/stock/MCIG/news/mCig-Inc--Introduces-a-New-Line-of-Extraction-Machines-and-Innovates-New-E-Liquid-Technology?id=94606&b=y
Nice DD Officerk!!! Thanks for sharing!!! fwiw....If you open the ibox...at the very bottom are 3 links to sites that keep current news reports for MCIG....Unfortunately.... we don't get current feeds here on IHUB.
I agree....I have some vitas tagged for sale at 20 but I would probably change that order when it was getting close. ....I think Vita is going to run over a quarter when it pops....maybe higher....It might run like mcig did last march and april and you will feel like a sucker if you unloaded at .15...me too if i sold any at 20.....just saying....lol......It is going to move and should be a sellers market....Locked float essentially...Longs can control the price...Your .15 shares would get sucked up so quick with a World distribution announcement...It's vitamins and fruit flavors...non-addictive and you can puff on them in bars...Winner winner!!!
Definitely looking forward to your honest review my friend!!!!!
Yeahmeeks was right ....MCIG did get an offer from many visitors at the HIGH Times Cannabis Cup....but most of the offers were like...."yo....Hey....dude this $hit works farking great for burning buds....man...... I will give you $200 million dollars for like 10 ......if I had it......lol.....btw...what is that hot brunettes name with the Vitacig shirt and no bra?????...man....hehehe" dbg
There is a vast sea of MJ/MMJ stocks in the Marijuana index but if you do your DD on the list there are only about 20 stocks that have volume and liquidity that investors and traders need. There is no sense in buying an MJ stock that averages 50k in sales....You buy stocks that have volume and liquidity and volatility....Is this right??? lol....Well guess what??? Mcig is at the top of the list!!! Volume speaks volumes!!!! $$$ mCig $$$
http://marijuanaindex.com/
I had a great day today....Every single stock I own closed green today!!! I love that because it doesn't happen very often....lol!!! I love it best though when MCIG closes green....I don't really think that MCIG shares are going to stay this cheap a whole lot longer though.....The critics and naysayers have knocked MCIG down as far as they could take it.....MCIG is going to be like an oil stock or a REE stock that has been beaten down for the last year and wants to come back like a vengeance!!! Last year this stock was screaming to 90 cents a share with a 10 dollar vape pen and a vision ......Look at us now.....If you are not buying MCIG at these prices you are going to be on the outside looking in when this goes from 20 cents to a dollar overnight!!! Hear me now ....believe me later!!!!
Folks are flocking back...MCIG is distancing themselves from the herd......The revenues will come...MCIG is not hurting for money and they have a very specific plan to be non -specific in the legal MJ/MMJ industry if that makes sense....Diversification is todays word and the focus of the smart folks behind the MCIG machine.... $$$ mcig $$$
Curious.......what is fire eye???
MCIG knows that they cannot grow by leaps and bounds and stay viable in the MJ/MMJ vaporization marketplace indefinitely even with high quality innovative products at very disruptive price points, as just a vaporization Company. The vape market is becoming saturated with small bit players trying to get their piece of the pie. It is very much the same in the Nicotine ECIG market. I was in a smokeshop today and there are multitudes of choices of products available and that can be overwhelming. The future of MCIG is in diversification and that is what you are seeing unfold. Paul stated his intentions quite clearly in a recent PR after the Vita spinoff. MCIG is striving to become a conglomerate/holding company in the MJ/MMJ sector by expanding it's scope encompassing all potential aspects of the fledgeling legal MJ/MMJ industry. Their are some pretty smart folks connected to MCIG and they are not going to lay out their business plan for all to see and potentially disrupt in this competitive industry. Investing in MCIG will surely reward the folks who are cognizant of the big picture of what they are striving to achieve and have the confidence, patience and trust to allow the company to continue putting the pieces of the puzzle together.Anyone who has ever built a puzzle knows that you build the framework around the perimeter first and then you fill in the center pieces and what emerges is a clear picture of what is going on....Just my 2 cents....
omg...let me check....yep....still there....Price Type: Limit
Your Price: $0.05
Term: Good For 60 Days
Estimated Commission: $9.99
Estimated Total Cost: $1,009.99
No pink for Vita Inc.......omg...that rhymed...lol....going to OTCQB fully reporting.....hear me now believe me later!!!! I think a new ticker might be in order also...VITA is available........That would be a killer ticker for this animal!!!!!
Indeed .....it's a sellers game....weak hands are out or will be soon!!!! Amazing volume today...It is sure to attract some interest....If folks were smart they would lock their shares at gtc60 or longer for copperland....yep!
As a 20 yr veteran in the HVAC industry in Florida I can attest that Co2 Disbursement is not something every HVAC company engages in. In fact I personally know of no companies that engage in this activity from my experience which is substantial....The logical question arises .What are the ramifications and positives of Co2 Disbursement? Okay...now we need to think biology...Plants take in nutrients and h2o from the soil but they need CO2 to photosynthesize.CO2 disbursement accelerates growth . Novel plan that will be well received in the industry....MCIG has a mighty think tank and don't think they don't. Naysayers and critics will be stymied by the PR's because they don't understand the logic behind the machine and that leaves them perplexed and staring at each other with empty thoughts wondering what to complain about next.....lmao!!!! $$$ MCIG $$$
Co2 Disbursement - Clima Grow
www.climagrow.com/servicelist.html
Co2 Disbursement. 90% of the dry matter inside any cannabis plant consists of carbon, hydrogen and oxygen. The majority of this is carbon. Carbon is absorbed ...
Reset your sell PT's and get ready for the tsunami......
It's going to be a tsunami!!! lmao!!!
Nice....I am loaded pretty good with my dividend shares and still holding all my MCIG.... I have been been moving funds out of some non performers(mostly OTC Bio's) to select beaten down Big Board(tiring of OTC manipulation) oil stocks. I see a good opportunity there to get in close to the bottom floor for some nice long term gains with some of the over-shorted and oversold stocks in that sector. I do have had a GTC60 order for 20k VTCQ sitting for 2 weeks that hasn't got filled though..I don't understand why it hasn't filled..
Patience is a virtue | EnglishClub
https://www.englishclub.com/ref/esl/...2/Patience_is_a_virtue_905.htm
Note: patience (noun) = the ability to wait calmly; the capacity to accept delay without getting angry
Very old......But you don't want oil to crash because lower oil and gas prices prop up other sectors. During the last big global market tank circa 2008 and 2009 oil shot to $140 a barrel. Rising oil and gas prices trigger declines in global markets and a big one is coming soon dictated by a steady rise in oil futures!!!
It looks like they are following the rule to the letter....They have no references to Vita being a publicly traded company on any associated website.....I have a feeling the floodgates will open once they can speak of their accomplishments....Hang on to your pants as Mark said in his last interview...
Not a single one of those sites gives any indication that Vitacig is publicly traded...What do you think will happen when Vita lifts the veil and loyal overseas customers find out they can invest in this company???? 10 dollars for a Vitastik in Australia....they can buy seven shares for that...Do you think they will invest???? I think they will!!!!