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It's great to have you on this board keeping all of us novice investors informed! Thank you!!!
You are right....accuracy and facts are way over rated anyways! lmao!!
Obviously in error as that is not even par value....
Vitacig is getting close to trading....Marketwatch has their ticker listed!
http://www.marketwatch.com/investing/Stock/VTCQ?countrycode=US
Etrade is not showing the ticker yet for Vitacig. 92848J101 is what is in place for the dividend shares.
Day's Range.....0.15 - 0.172.......doesn't look like it hit .14 to me....So yes you were wrong!!!
Even if that is the case they have a lot tighter control over costs and margins contracting out manufacturing than they would dealing with manufacturing headaches and hurdles in house imo.
Awesome news today! Another nice surprise from MCIG! $$$ MCIG $$$
Charlie, your use of the terms rebrand and rebranding is incorrect. The proper terminology is "white labeling". Many, many corporations do not manufacture their own products but choose instead to contract with 'white label' manufacturers to produce the products for them to their specifications and then they are given the trademarks , logos etc specific to the corporation that contracted with them. You can find examples of this in every chain grocery store you go into where the store brand is a white label product with the store brand label applied. Choosing to take on manufacturing is a recipe for failure in most cases in start-up companies. 'White labeling' is an efficient cost effective strategy that allows the companies to concentrate on marketing and product recognition without the hurdles and headaches of manufacturing. Just an FYI....
http://www.forbes.com/sites/theyec/2014/06/03/why-a-white-label-solution-is-easier-than-building-your-own/
Great advice!!!
Yep...I never met a Rosenberg that wasn't successful.
I just noticed That Paul picked up 60k bargain shares @.11 the day before Christmas. Not a huge buy but $6600 is a decent piece of change. It is always a good sign when a CEO buys shares at market! According to the Form 4 he now owns 7837494 common shares and 230 million preferred stock. I like it when a CEO reaches into his pocket and puts his money on the line with the common folk.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10380131
All great ideas and easily accomplished imo.
I know...they never cease to surprise...I am curious about the hint on the 1st new product for 2015....I think it's going to be a Snody original as they show a block of unworked metal under the MCIG logo...just saying....lol
Indeed!! It's nice to have you back in the "seeing the vision" team. I have never questioned their wisdom...2015 is going to a good year for MCIG and their subsidiaries imo....
I agree....I just know they wanted that trademark and they ran into a quirk with the USPTO. Personally I think it is a non-issue but I bring it up just to make everyone aware of the situation.....Liqcig is coming by whatever name it ends up being called! I lay it out there so everyone knows and naysayers can't act like it is a brand new problem that buries the plan,,,,That is all!
Haters do what they do....MCIG is a startup company and they have made tremendous leaps forward in only 1 year. Last year this time they had nothing but a story...This year this time they have multiple corporations, sales and a plan!!!!
I agree.....If you examine the MJ index MCIG is one of the most trusted tickers.....I hope we see last years highs and better. The fact is that MCIG is leaps and bounds ahead of where they were last year at this time....and they ran up to nearly a $1....place your bets accordingly!!!
I wish you would explain because there is nothing obvious!!!!!
There is a little problem with Liqcig......there is a suspended decision on the Liqcig trademark as there is a previous claim on "Liquicig" by an earlier filer and the USPTO sees a conflict. They have sent out letters to both filers and it depends on if the filers of Liquicig can show due process and application...If not then Vitacig will have the trademark "Liqcig"....Just an FYI
I agree 100%....MCIG for whatever reason has been waiting for the divestiture of Vitacig before moving forward with their MJ/MMJ plans....I am encouraged that they have corporations in 3 MJ rec legal states....It is a good omen imo.... $$$ mcig $$$
2015 looks good for MCIG going forward! With MCIG Inc., MCIG CBD Technologies llc, CannaProTech, LLC., and VITA inc. we should see many positive developments in the New Year imo.
MCIG is hinting on Twitter about the 1st new product for 2015. It seems like a mystery right now....I wonder what it will be??????
https://twitter.com/mCigs/status/551111959886983168/photo/1
I agree....shorts will need to cover to protect their ill gotten gains and smart investors will load!!! $$$ MCIG $$$
Misinformation!!!!
NOOOO!! It is 270m as spelled out in every filing and every PR since inception!!!
Tax selling season is over...Money making season just begins!!! T+3 and remember you have to wait 30 days to reinvest or your tax loss sell was for naught!!! Take that to the bank!!!!!
I agree!
They will if they get some good PR's posted prior to and and immediately proceeding the IPO...It could run real hard! If the folks holding the shares are smart it will be a sellers market. Don't forget there were some shorts trapped by the confusion about the x-date.
Admittedly the email was different than the official PR...This is the statement from the email.... "The agreement with Omnicam has been under negotiation for nearly three months. An initial agreement was signed by both parties on September 18, 2014. The company waited for confirmation of the first purchase order before making a public announcement. That first purchase order totaling $350,000 was made last week with payment received by VitaCig, Inc. on Friday October 17, 2014."
You must of misunderstood the PR then as they never stated that they had $350k cash in hand. The exact terminology they used is as follows: "The agreement with Omnicam has been under negotiation for nearly three months. An initial agreement was signed by both parties on September 18, 2014. The company waited for confirmation of the first purchase order totaling $350,000, before making a public announcement."
http://finance.yahoo.com/news/mcig-r-inc-omnicam-execute-131000859.html
Great article....Nice find and thank you for sharing!!!
Correct...The vitacigs were designed as a tool to quit smoking and to give alternatives to vaping addictive nicotine. They fulfill this purpose by satiating oral fixation behavior to help accomplish this goal. The small amounts of vitamins in the Vitacig are to ensure that it would be virtually impossible to overdose on vitamins if that is possible yet still give consumers a device that they can freely puff on without concern to any major health implications or worries of addiction.
I think they are getting some good feedback from kiosk customers out their in Hollywood and that led to the price increase...It also supports their asking $7.99 for the Vitastiks.
I disagree and think they know exactly what they are doing and care very much about revenues.
I totally agree! They are well inline with their pricing and their products have 'sex appeal' imo.
Raise prices to increase profits:
http://www.businessknowhow.com/money/what-to-charge.htm
There is nothing wrong with the price raise...At $3 it was a loss leader at $5 there were minimal profits....At $6 and $7 they will have a nice profit margin that will boost revenues imo. That is what everyone wants right??? Increased revenues???? Another thing... cheap prices usually indicate cheap products...
Nice demonstration video!
That is because the buy/sell charts are not accurate in that for every sell there is a buy. The fact that someone puts in a bid and waits for some impatient investor(s) to sell into it is not a bad thing. This is the way I buy all my stocks. So everytime I buy a stock is it considered a sell??? To me it's a buy!! Take it for what it's worth....squat!!!