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Correct me if I am wrong, but I believe that MCIG.com was for sale a year or so ago for $175,000. Price went up and will continue to increase as MCIG (the company) grows. Do we really NEED it that bad?
guttrdr, this is the type of post that keeps me coming to Ihub. It is refreshing to see a post like this coming from an investor like you whose comments I often disagree with. I appreciate your follow through and the tone of your response.
R/S after major dilution is never good for investors. I do see your last point and I agree to some degree, however, I cannot trust a CEO who performs an r/s after diluting the heck out of his company stock. One can only be judged by previous actions and history has a way of repeating itself. Wash, rinse, and wash again...
Oh no, you're comparing apple and lemons? that is funny!
R/S are never good for the shareholders, period. Apple is one of the rarest exception to this rule.
I am not sure why folks continue to invest their hard earned money into dilution machines like VPOR. 1 Billion more shares? Seriously? And some of you guys are averaging down? Reminds me of FIT$, another mj company that diluted into oblivion.
There are a few vape companies on the otc, and the best one by far imo is $CIG. It would be a good change of pace to invest in a company with no debt and absolutely no dilution! Check it out!
I personally would love to have a few "grey shit sandwiches" like Vitacig! I made a bundle on it already! So please, continues to enamor us with the high level of maturity and the tremendous in-depth due diligence you have performed on MCIG/VCIG.
Quote:
___________________________________________________________________________
"I wonder how they will disappoint us with vitacig, other than making us wait months on end for what is basically a grey shiit sandwhich. mmmmm yummy. now take another bite. mmmmmm yummy.
If you look at the past 6 months, each and every time the stock price hit the lower Bolinger, the pps rallied. I expect to see the same happening this time as well, at around .13. If not, I may average down a bit this time around.
Keep your eyes on the prize folks, MCIG is setting the infrastructure to become a powerhouse in the MJ arena. First the infrastructure, then sales will come exponentially imo. I did the same thing in one of my businesses in the food industry, being in the red while setting up the retail, wholesale, catering, private label and frozen divisions. 2 years later, we actually had a hard time pacing ourselves because sales were coming in so fast, performing on all cylinders at the same time.
Best of luck to all.
Quote from yesterday:
"I sure hope I am wrong, but I expect to see FITX down 50% from today's close within 30 days."
Could be earlier! Half way there already!
How many more captains will sink with this ship?
Will you be one of them?
IT IS BOOM TIME! FITX down 18% in 5 minutes!
Open your eyes folks, the party is long over...
I respect your opinion GV, and I hope for the hard core longs that you are right. I have nothing on this horse, but I sincerely hope that I and every other negative posters are wrong so Long investors can recover the massive losses they incurred. This cake is baked imo.
Best of luck.
I continue to believe that my post #151351 on 11/20/14 was not only right on, but still applies today:
"This is such a sad day for MJ investors! I am so glad I took a loss from 0.94 to 0.78 when I did. Nothing good happens from a CEO who runs his mouth the way Bill has. The dilution has been systematic from the beginning and should have been a warning sign. All talk and no real action other than an empty building and issuing shares. So sorry for the folks who are losing their shirts. There are such better MJ companies to invest with..."
On 11/20/14, FITX stock closed a $0.019. Today's close: $0.0099
I sure hope I am wrong, but I expect to see FITX down 50% from today's close within 30 days.
As long as it benefits shareholders of both companies, and that they are not breaking any laws, I see it as a win-win situation. We should not be surprised that Paul and his management team are growing their companies organically and by doing so, are protecting their subsidiaries. This again is shareholder friendly, just as the complete lack of dilution is in MCIG.
Only have 3 posts, so this is the last one for me...
Best of luck to all.
And another thing that has been on my mind. Does anyone remember a mention from 6 or 7 months ago or so, regarding the fact that the then future CEO of Vitacig was slated to be Mark, and that he would be working in that capacity part time due to the fact that he also was working on other MJ opportunities. Well couldn't these opportunities have been CannaProTech llc, CBD Technology LLC, and that new software division?
Some folks on this Board had a heyday with that and look at MCIG now.
Love it more and more.
Not sure if anyone mentioned it, but it seems like the "em-j" IS in fact a THC weaponized Vitastik. So, will Mcig purchase the Vitastiks from Vitacig, load them with THC/CBD oil etc, for distribution in 5 States? Doesn't this mean new revenues for BOTH Mcig AND Vitacig?
Getting more and more excited about MCIG. These guys are really starting to walk the talk.
Weird because I tried to sell 1000 sh at .08 as a test the last 45 minutes and my trade was not executed.
Schwab says .07 with 202656 shares traded...Probably just testing.
How can FITX still be worth $47 Million? It is amazing to me that so many of you are still invested in this stock, averaging down and still dreaming of outlandish returns. So much more to drop...Divide the current value and the stock price by 10 and this company would still be overvalued at $4.7 Million. So many investors will lose almost their entire investment in my opinion. In 3 months, today's stock price will look incredibly generous compare to what it will be then. Be advised!
I do not own shares in this company anymore, but I feel lousy to see so many people getting hurt in this scam. I took a 20% loss and walked away, which is what I would recommend everyone invested here to do. I am no genius, but in my opinion, this stock price will be going to the abyss very soon.
Good luck (and foresight) to all.
Franchises...GENIUS!
MCIG continues to make the right moves!
Soon, the action in the stock price will reflect what I think will be exponential sales growth for both MCIG and VCIG.
Enjoy the ride fellow longs!!
I got my Vitacig shares on my Schwab account too!! Correct quantity and the ticker says "92848J101". Hang on to your hats folks, the fun is about to begin!
MCIG LONG
Someone provided these folks with 2 ecigs of their choice, or they picked them themselves. Which 2 brands were those? The article did not answer that. DO SOME FACT CHECKING! Here is some for you as rebuttal to this article and to you sir:
http://www.ecigarette-research.com/web/index.php/2013-04-07-09-50-07/2014/188-frm-jp
This guy is posting the same article on every vape stock on IHUB!!!
Check his last posts.
To repeat would have been a better word...
"it is what it is" is the kind of thinking I do not adhere to. I was raised to question authority and dig to find facts and truths. Someone provided these folks with 2 ecigs of their choice, or they picked them themselves. Which 2 brands were those? The article did not answer that. DO SOME FACT CHECKING! Here is some for you as rebuttal to this article and to you sir:
http://www.ecigarette-research.com/web/index.php/2013-04-07-09-50-07/2014/188-frm-jp
To reiterate a comment that I fully agree with from that article,
"Out of the thousands of test that have been run on e-cigs, this one comes up with formaldehyde and acetaldehyde. What's fascinating is that neither of these chemicals are used in the formulation of e-liquid. E-liquid consists of a base of propylene glycol or vegetable glycerine, food flavoring, and, optionally, nicotine. There are no other components. All of these components have been used for decades in food processing. Nicotine has been available in gum, lozenge, and patches for decades.I suspect we have another case of the spotted rat".
I wouldn't be surprised if the ecigs tested were provided by the tobacco industry. Like everything folks, do your own DD!
I sure gave you a member's mark too! These are the kind of comments backed up by actions that I respect the most on this board. I do not have the time myself, but I am eternally thankful to those who do, and transmit the information to all. Seriously D A N, this is great stuff!! Thank you!
This is such a sad day for MJ investors! I am so glad I took a loss from 0.94 to 0.78 when I did. Nothing good happens from a CEO who runs his mouth the way Bill has. The dilution has been systematic from the beginning and should have been a warning sign. All talk and no real action other than an empty building and issuing shares. So sorry for the folks who are losing their shirts. There are such better MJ companies to invest with...
Thanks longhaul4. Your posts are very refreshing and educative, and I appreciate the fact that you are willing to put some serious dough on MCIG to back up your comments. It takes the kind of cajunes these two clowns do not have.
MCIG management is delivering on the promises they made. I only have 20,000 shares, but I continue to accumulate regularly. Thank you for your leadership on this board.
Long MCIG
We must be at the "then they fight you" stage since a few new scums are posting on this board. Posts from ATCRUNCH and Useralias1 are so uneducated that it is truely a waste of time to respond. These folks are not here to provide intelligent comments, they are here to hide themselves behind their laptops and run their mouths to whoever is willing to listen. You know MCIG is doing something right when losers like these two morons try to tease educated investors like you dbg1969.
MCIG long.
I hear your frustration and I share the same feeling. The repetitive trading action prior and after a news release is somewhat bothersome and fueled by active day traders and shorts IMO. This will not be the case for long. This company is surprising everyone by growing by leaps and bounds. Hang on, patience will reward the longs soon enough...
Geez, the day started only 11 minutes ago...
Life is good, take a puff and relax!
MCIG long.
Putting my money where my mouth is...just added 11,000 shares to my 9,000!
Great post Althea! I completely agree with you.
Long MCIG.
I completely agree with you dbg1969. I've said so a couple of times, but there are so many very young and inexperienced "investors" with unrealistic expectations. These folks have never owned or ran a company, public or private, and they do not understand the decision making process behind the actions of management. If they did, they would realize that it takes a little time to build and grow a company and that a certain degree of patience is required to see management successfully execute the business plan. I like what I see and will continue to add to my position.
Hobo, you took me out of context, and I should have been more precise. This comment had more to do with the correlation between the direction of the stock price and whether or not MCIG can make it as a company. The stock price could crash down to 0.01 and it would have little bearing on the future viability of the company. A young company can excel, execute quietly and sometimes the stock price takes a long time to reflect that performance. This is called "proving yourself as a going concern". This is what I believe is happening to MCIG and rightly so. I too feel a little frustration in regard to the lack of communication from the company, but I am also mature and experienced enough to know that patience is key to rip the biggest rewards.
Why would a cutting edge company expose it's business plan publicly and prematurely divulge all it's business plans to their competitions?
By buying the stock, I bought a piece of a great company and I am confident that many of us longs will be there in 2 or 3 years laughing it out.
However, and you were correct to correct me, the stock price will of course crash if the company does not perform up to expectations. Thank you for pointing this out.
Quote:
"Have to see what the next few days bring because if this pps slides much lower, a lot of people will be questioning if MCIG is going to make it."
Lofaus, with all due respect, the share price of a company has little to do with the performance of a company. Share price moves on fear and hope, neither of which has anything to do with a company's performance. Folks, if you are a trader trying to profit from the stock movement of MCIG, and you lost your shirt because you made the wrong decision, too bad for you. Assume your responsibility and stop whining, you simply made the wrong bet.
MCIG is not a company resting on their laurels. There are entirely too many young and inexperienced investors who do not understand business. When you invest in a company like MCIG and hope (expect) as I do, a 1000-5000% return over a couple of years, you have to be willing and accept major swings in the stock price in BOTH directions. If you cannot take the heat, then stay out of the kitchen. As far as I am concerned, I will continue to hold and accumulate my MCIG holdings, watch Paul and Co shred the competition and amuse myself with many of the comments on this Board.
Long and Strong. Mcig
I completely agree with you lesgetrich. I rarely post on any of the boards I am interested in, but I absolutely love what I am witnessing. I am averaging in the low '40s and doubling up now at .26. I know that I will not catch the bottom, and this stock price may possibly drop in the teens (which I seriously doubt) but this is irrelevant to me.
I was very upset when I first noticed this company a few months ago when the stock price was at .17. I still wish today that I could turn back time and load up at that price, and I may possibly get my wish. My point is this : I did not buy this stock to make a few bucks. I bought it to improve my lifestyle exponentially. .17, .25 or .40, it's all good to me. I am long for 24-36 months and will hold for the 30-50 fold I expect this company will return to me.
Most folks do not understand what a "disturbing" company is. The CEO and others are not in it for small change, they are in it in the same manner that I am in it, which is to make a KILLING within multiple industries.
Longs will be rewarded and I am putting my money on it!
I am long TRTC, but I get really tired to read such unrealistic comments as "TRTC will be at .50 by Friday". TRTC does not need to be pumped to excel as a company and to see the stock reached that level. Time will take care of that, IMO.
Revs have to be coming in anytime now..
So much to be excited for with this company. Bashers can bash all they want, everyone on this board knows who they are and they will soon be skewered along with their short buddies imo.
The stock action of the past 2 weeks reflects the "stand by" mode of shareholders waiting for confirmation of impending major news imo.
Long MCIG.
6000 here!