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That's doesnt mean going into a highly competitive niche maket is going to work. ITs called knock off and it will kill mcig. The financials and listing are your friend. No way its worth 65 million today.
Well your going to be waiting...
For a long time
which is in a unreatled sector, I hate when people do that. Im not even going to think about comparing those. Try harder next time.
LOL ten's of hundreds of millions when you have every knock imaigable out there. Its a highly comeptivie niche market. Let's be honest, this is niche market.
No way this is getting sales of millions let alone tens or hundreds of millions of sale. That's just delusional thinking. what makes it so good. Whats makes them want to buy this one. Nothing. its a cash suckkkk company.
heres a knock off
http://www.ebay.com/itm/Ago-G5-Dry-Product-Vaporizer-Pen-LCD-Display-Portable-Vape-Electronic-Kit-USB-/131330413061?pt=LH_DefaultDomain_0&var=&hash=item1e93e71205
I dont need/want/care to because with a 65 million market cap and only 400k revenue I can stay away.
They even said they want to goto online sales. This is what your against. Ebay and all kinds of knock off sites. Why do you think they are spending so much advertising which wont work.
6 sold last hour
http://www.ebay.com/itm/Ago-G5-Dry-Product-Vaporizer-Pen-LCD-Display-Portable-Vape-Electronic-Kit-USB-/131330413061?pt=LH_DefaultDomain_0&var=&hash=item1e93e71205
How will Mcig become profitable if all there expense's like the CEO said are going to penetrate the vast e-cig makret. There is really no way to calculate what this is worth unless your doing revenue. Which lets say is 700k next year which is double this year. thats 100x times revenue. You can buy apple for 3x. Buy Apple today and buy mcig and see which does better. Imho i'll take apple.
You can buy apple for 3x revenue.
So lets say they make 600k in revenue. Your still paying 108x times revenue.
Yup, without much look and calculation I can easily say this stock is way ahead of itself. competition, competition and competition. Should be worth 10% of current market cap imho.
Don't get mad, these are my opinions.
They made 300k in revenue and dont earn profit. They pay around 300k to adminstration, selling and advertising. Thats almost as much as all of there revenue. They have too put soooo much to penterate the market like you said.
I don't have a postion either way but I will say there is no way in hell I would invest at the current market valuation. Too much competition in that field, not enough room to grow in my eyes. Its a pipe dream so to speak.
No I headrd about this and I did about 5 mins of calculation.
This is highly risky, stay away.
Its worth about a 1 million now. Investors are getting way ahead of themselves in this stock. Be careful. I dont see mcig gaining market share in a highly competitive field. Mcig only has 300k in revenue but is worth 65 million? That doesnt make sense
Why spin off? Because the other company must be dog shit. 65million market cap but only 300k in revenue. do the math
Your paying 173x times revenue with no earnings. OUCH
Will this breakout again? Its chart is nearing a buy spot.
Will this breakout again? It's chart isnt looking to good
Count your pennies while you got them this is going lower
Yes with a reverse split it could go up 3000% otherwise it's a zero.
Lol do you have to say IMHO.
We know it's your opinion and no your not liable.
You don't know what a company will or won't do.
I can spot a hero or a zero and this is a zero
Waiting for horrible dilution and .0001
Wow thats heavy. I would stay away from this.
I think trum is right
I took about 30 secs loooking through the last report and saw 27 billion outstanding shares. Thats horrible, stay away.
Well it doesnt but
I figure someone who is bullish will actually have a postion in the stock. I guess you dont have a postion and you have a agenda. Whats hard about admitting you have a postion?
I Guess you missed where Bill Ackman
filed a separate suit in August in the U.S. Court of Federal Claims in Washington, claiming the government’s diversion of profits violates the Constitution’s Fifth Amendment, which prohibits the taking of private property for public use without just compensation.
I think he wins because the money Fanny mae owed to the government has been repayed. Something like 2 billion has gone to the US treasury unlawfully after the repayment. Those dividends will be coming back.
I bought it last week at 81.
Looks good to me, What do you think?
Waiting for .0001 to .0003
It will come
I'm asking because you're telling people to buy it, You should know. But you can't say because you dont know. This wont help -21000% operating margin.
p.s Yes my order would fill but why would I place it in dog shit company's . You never anwsered my question, Do you own a postion in this "company"?
So do you own a postion in azfl?
Wow I never knew you could invest in the animal zoo football league.
Yeah a run down, You cant dispute that this is a cash suckkkkkkkkkkkkkk. It's a vacuum and its taking all your money with it. So since your a bull, do you have a postion in this stock?
Why dont you use these pictures on the intro.
You can clearly see how bad some of the equipment looks in these pictures. One has a broken valve handle with half of it missing.
With massive dilution coming and these new plants not looking very profitable I would stay away untill a new report comes out. I dont see how this can save a company with -21000% operating margin.
This has a death chart and for good reason. I would stay away until it hits .0001-.0003 This company is done, the chart broke and the financials are broke.
When have you started with that much money? You havent. what company have you ran? You obviously have no clue what your talking about because you cant even respond about what you think is funny.
They lost 30% of there assets and are losing 100k a year. That's the facts. I guess you agree with me and think this company is a joke.
I dont see what's funny. They are losing money and assets. Just because you start 45 million in assests doesnt mean you have a sound buisness model.
Ill tell you what is funny. The name is funny and the ticker. Its should be called the animal zoo football league
You dont want to buy ahead of share dilution. You realize what that is right? You're telling people to acculmate? lmao
Good luck betting against the constitution and Bill Ackman's team of lawyers.