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Doesn't look like it is happening today They have 3 minutes to file.
Then give us your take on why they will not file. They now have 10 minutes left to file today or another day late. Too much good news to report? TIA
Will it be another day without 10K? They have until 5:30pm to file or they are yet another day late? Maybe it is because they wanted to include that EMJ is now shipping. Yea, thats gotta be it for sure. :)
And another trading day starts and no 10K. I am sure there has got to be a reasonable explanation.
We have already had this conversation. After filing NT-10K, they have 15 CALENDAR DAYS, not business days to file. They are late. See post #63119
Les. You may be referring to me saying don't walk away from your computer today. That was in reference to the 10K being released. If it is bad news, you can bet the share price is headed south. No need to watch for it anymore today as they have missed the 5:30pm cutoff. Another day late.
Exactly! Good point. But people get so used to seeing it go down that they think "well it didn't go down that much today". Even Les got sucked into that mentality. After several weeks of that you wonder how it got to where it is now.
Well another trading day gone by without a 10K. Wow!
LOL
From SEC
After filing a NT 10-K, the deadline for the 10-K is extended 15 calendar days
Perhaps an email to Vtcq customer service is in order here to determine what you received. I would word it this way. "WHAT THE HELL DID YOU SEND ME!". Let me know if or when they reply.
Not only that, if you have to use your imagination that hard to try and figure out what you are smoking, just buy the Vitacigs, the are much much cheaper. Lol
Les I am still not clear as to what you received and what you ordered.
Yea LOL. Without Mcig, Vtcq is nothing and you know it. You would have people believe this is all part of the master plan. Sad.
Really? They have now reached a new low point as far as dealing with shareholders and you make a statement like that? Filing for an extension and still not able to make the deadline? Uexcusable! If fact almost unheard of. That status is reserved for the most untrustworthy companies. SMH. No explanation, no statement to shareholders, nothing at all. Big, big red flag here people. Do not, and I repeat, to not walk away from your computer today. Keep a close eye on this.
Thanks JTFM.
I am sure they have them all down until they can release the long list of good news.LOL
As far as you, I or anyone else can tell, they don't know what they received. Now if you have a source for your packaging statement, please post it. Thanks
Yea Heed. And while you are doing that, can you give us the sales figures for all those countries? TIA
You mat not have a stake in Mcig but Vtcq has a huge stake. Mcig is paying their bills. So what ever happens to Mcig, Vtcq will quickly follow. Say what you want but that is how it is.
Wow You really think that's it? Why didn't they file on Thursday when they should have. The list of good things just to long to get it done. LOL
Apparently their packaging sucks. There have been 3 people here asking what the hell they received! LOL
Yep and how much are they selling? Fair question, don't you think?
Yea and people don't even know what their order contains. You bet, they are on top of everything. LOL
Why must you even ask? This is the company that you think has it all together. Number 1 pot stock of all time. And you have to ask, along with other people, what you recveived? Geezz!
No, I don't think. Apparently, they don't even know what they are shipping or what packaging they are supposed to use here in the states. LOL
Again what is the dollar amount on those global sales. Who knows if they have sold anything. They certainly won't tell you.
Les What company does this? You have no idea what you received or even if you ordered it. How hard can this be? SMH. I just don't know what else to say.
Les This company must realize they have got to keep investors informed at this point. This is ridiculous! You say maybe they are doing this because of that. NO, NO, and NO. The investors are bottom line
here. With out them, they are done, period. They don't inform, they don't report, and at this point, they nothing less than suck. I have never been involved with such an arrogant management team ever. Even you must admit at this point, WTF are they doing. You go maybe this, and maybe that. Report the F#*ckng numbers. Are they really trying the paper magic BS here. If some of the so called longs are not at this point disgusted, they are lying.
I just have The relax packaging without mention of EM-J or CBD
What's funny about this Les is you have people commenting here about rollout of the new reformulated Vitacig. I agree with you on this one. No one gives a crap! Lets face it. They are expensive at $7.99. They can't get rid of old stock that are now less than $5.00. No one cares about the changes they made.
This is why it matters.
A recent academic study, out of the University of Southern California and New York University, examines the Capital Market Consequences of Filing Late 10-Qs and 10-Ks and finds, as you might have guessed, that capital markets react negatively when a company files a late quarterly or annual report.
The study uses change in share price to measure market reaction and observes late filers for a period of eight months following their notice of late filing. In the short term, companies experience an immediate negative reaction when they announce a late filing and a significantly more negative reaction if they miss the Securities Exchange Act Rule 12b-25 filing grace period. Interestingly, companies continue to experience share price declines for several months following a late filing.
It does matter Les. It matters to shareholder's confidence in a company. Very important, wouldn't you say. If a small company like this, who now has a CFO, can't get this done, who is to think they can execute the hard stuff? Sorry, but you have got to file on time, every time.
They cannot report after 10:00pm tonight and not on the weekend and even if the report before 10:00pm they missed the deadline.
Failure to file can not be taken lightly, especially failing to file after granted the extension. Why would they do that after their record quarter? Something doesn't add up here.
Ah. Their overseas sales won't even show up until the next quarter, if they had any at all. Do some dd. Worse than that, Mcig failed to file and their paying all of Vtcq's bills. Put that in big bold letters. LOL
Wow! You're right. I never really looked at it that way. Can you give me a dollar amount on their Global sales. TIA
I noticed in the 10Q that they said they raised the price of a Vitacig from $3.00 to $5.00. Did they not raise it again to $7.00? Perhaps they just forgot to mention that, and by the way, $7.00 was my limit. I think they priced themselves right out of the market. I could no longer afford to give them to people who would not purchase them on their own. :)
After doing more research and according to a post Les made on the Mcig board 8/13/14, post#39096, Les reported that 10k is out for Mcig at 4:50pm on that date. Checking EDGAR, the 10k was filed at 4:44 on that date. Hence, we knew about it 6 minutes later. Sum Ting Wong?
After doing more research and according to a post Les made on 8/13/14, post#39096, Les reported that 10k is out at 4:50pm on that date. Checking EDGAR, the 10k was filed at 4:44 on that date. Hence, we knew about it 6 minutes later. Sum Ting Wong?