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Contracts with all OEM's should be phenomenal! See this one moving up fast once it starts
Company is sitting on a lot of debt too!
You should only average UP not DOWN.. like Tesla for instance. Pennies go bankrupt all the time so averaging down is not a great idea!
I agree! The ambassadors aren't cutting it! Retail is their only hope!
Ugly! Their revenues are definitely not keeping up with their expenses! Don't see any upside what so ever! Down we go!
I think the confusion around the exdividend date and now the shares are down over 10cents from that time says it all! Appearing to be very scammish!
Wow! That news is spectacular! Why isn't stickied. Removing the DTC was the biggest obstacle for MDIM!!!
Big fish buying up Tesla between $205-$210. Could possibly bring it down below $200 but I doubt it!
This looks like it is ready to pop back up to $250! Too much negativity and more put buyers lately about to get burned! Stock ready to move higher! Go TSLA
No I did not sell...will ride it out for the next year!
This stock does look lifeless....down every day with no real support! The 4 million share dump on the supposed ex-dividend day was a big dump! I decided! Was suckered into buying 80,000 shares that day at .24!
People are more likely to sell other stocks that have gone down and purchase Tesla. Unlikely that Tesla would have any tax loss selling as it has been up for most of the year!
Mcig shares are looking awfully weak! What's up with that? Post divy sellers perhaps?
I like that they tapped a well known Hollywood actor as CEO of Vitacig. He knows tons of people and the VCIG phenomenon could spread rapidly. Hope there is a lot of inventory when it happens! Go MCIG
VitaCig(R) Appoints Hollywood Actor and Producer Al Santos as Chief Executive Officer, Prepares for Public Listing
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mCig, Inc.
4 hours ago
GlobeNewswire
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BEVERLY HILLS, Calif., Dec. 3, 2014 (GLOBE NEWSWIRE) -- VitaCig(R), Inc. (OTCQB:Pending Stock Symbol) ("VitaCig"), a technology company that owns, manufactures, and distributes the VitaCig(R) products, is pleased to announce the official appointment of Alfred Santos as Chief Executive Officer of VitaCig Inc. in preparation for its public listing.
Al was born and raised in New York City. He was discovered in 1991 at the age of 15 by the world famous Ford Modeling agency which signed him to be the face of Versace. From 1991-2001 Santos was one of the most successful male models in the world having been featured on the covers of magazines: Seventeen, YM, Teen Vogue, American Fitness, and Elle. He was also featured in campaigns for Versace, Armani, Dolce & Gabbana, Levi's, Lee, American Eagle, and Wrangler. In 2001, Al was named "Man of the Year" by Cosmopolitan magazine. The title and Al became a sensation leading to repeated mentions by Howard Stern and Regis Philbin on their daily shows and making Al one of the most visible male faces in the US.
In 2002, Al made the decision to leave the modeling business and go back to school. He studied Sciences at Hunter College and began training with acting coach Penny Templeton. Following his training, he was cast as the male lead to Darren Star's critically acclaimed show: "Grosse Pointe" which ran for two seasons on the WB network. In 2003, Al was cast as a lead for MGM/Francis Ford Coppola's Jeepers Creepers II the horror franchise which debuted at #1 at the box office for several weeks.
Following the success of Jeepers Creepers, Al changed his focus to production of films as well as investing. He founded a production company: StrongHold Productions. He also began leveraging his decade long relationships in film, media, and Hollywood to launch and invest in several technology businesses.
Santos initially discovered VitaCig as a customer in the spring of 2014. After falling in love with the product he reached out to VitaCig Inc. and developed a close relationship with management. Santos was instrumental in closing several key transactions for mCig and VitaCig as well as critical celebrity introductions that helped the product achieve the adoption it has in such a short amount of time.
Over the past two months, VitaCig management extended an offer to Mr. Santos to lead VitaCig, recognizing the potential he brings to the table. During this period, Al and his team in Beverly Hills prepared a robust strategic marketing plan for VitaCig to be rolled out over the next 24 months.
"I am both humbled and honored to be joining VitaCig, Inc. as the newly appointed Chief Executive Officer. I came across this incredible product by chance, when a friend shared a VitaCig refresh with me several days after it was launched. As a long time health and technology advocate, I knew the first moment I inhaled the VitaCig, that this product had world-changing potential. After several weeks of investigating and using the product, I felt the product needed a stronger face and initiative. To my surprise, the Vita Team not only embraced these initiatives, but provided the tools needed to execute the international plan as described. VitaCig is an opportunity that only comes along once in ones life, not just for myself, but for the people we can have a positive impact upon. I do not see a scenario where VitaCig just fizzles out. It will succeed and become the newest and most innovative Vitamin Delivery System of all time. Furthermore, when you review the pipeline of products we have scheduled to launch over the next 12 months, Vita is a name every household worldwide will soon recognize, and be using".
"Our ties to mCig, Inc. will remain strong but our paths have officially diverted. While mCig will now focus exclusively on the Cannabis-Marijuana industries, we are focused exclusively on maximizing the potential for VitaCig as a leading consumer brand with significant opportunity for horizontal category expansion. I look forward to updating all shareholders shortly and obtaining our stock symbol for public listing expeditiously. Thank You in advance for your support." Said Al Santos, newly appointed CEO of VitaCig Inc.
"We are extremely excited to be welcoming Al to VitaCig, Inc. As our newly appointed Chief Executive Officer. We could not be more indebted to Al for several key events he has made possible in our company's history. The idea behind his appointment was his own, and I fully support his plan which will be rolled out over the coming months. mCig, Inc. stands to benefit greatly from future success at VitaCig, Inc. As the largest shareholder with over 230,000,000 shares representing nearly 47% of the shares outstanding upon listing, we stand to earn significant sums that will allow us to strengthen our balance sheet further and invest in opportunities that can grow shareholder value over time for mCig, Inc. shareholders. In other words, our fates are intertwined." Said Paul Rosenberg, CEO of mCig, Inc.
About VitaCig, Inc.
That may not be a bad trade considering the option time premium is running out and we are in tax loss selling season! Unless the market crashes! LOL
Yes if it hits .11 then I would accumulate some more too!
I believe now is at good time to accumulate shares in the 0.18 level! Go MCIG
Royal Bank has a settlement day of December 01 if you bought yesterday! That PR issued by the company could bring on a law suit!
Don't forget that MCIG will also make a lot of money from the spin off of Vitacig! This is just the start! Go MCIG
Yes all the news outlets are saying you can purchase the shares today and still qualify of the dividend! They better be right LOL! Go MCIG
Don't know...I am from Alberta as well. I have heard some chatter about it but I find it unlikely that an ecig ban can or will be legislated! Best wishes!
Maybe today is counted as one of the three days - 25th, 26th 27th - so dividend is payable as of the 28th! Go MCIG
Actually I didn't take into account the US Thanksgiving holiday as I am from Canada! Hopefully that doesn't change things. Either way MCIG looks good to me!
At least we know that management is good for their word! I expect positive news near term with good share price movement! Maybe some solid contracts with larger retailers! Go MCIG
Clearly today's buying is for the dividend! If you buy today then you own the shares at the close of the 28th and are entitled to the dividend!
I hope the new symbol is VCIG!
mCig Inc. Obtains FINRA Approval for VitaCig, Inc. Dividend and Spinoff -- Ex Dividend Date Set for November 25, 2014
5 hours ago - ACQUIREMEDIA
BELLEVUE, Wash., Nov. 25, 2014 (GLOBE NEWSWIRE) -- mCig(R), Inc. (OTCQB:MCIG) ("mCig"), a technology company that owns, manufactures, and distributes the mCig(R), VitaCig(R), and Vapolution products is pleased to announce that the company has received approval from the Financial Industry Regulatory Authority ("FINRA") for the VitaCig, Inc. dividend, and spinoff.
The Record Date for the dividend has been set for November 28, 2014 (11/28/2014). This is the official date when a shareholder must be recorded as a shareholder of mCig, Inc. to be eligible for the dividend.
The Payment Date for the dividend has been set for November 28, 2014.
The Ex-Dividend Date is therefore the close of trading today (11/25/2014). This is due to the logistics of the stock market as US Stock market trades settle T+3 (3 days for settlement of all trades). The last day to purchase mCig, Inc. shares and be recorded as a record owner before the record date (11/28/2014) is today.
The company has initiated the 15c211 process for the listing and trading of VitaCig Inc. shares and will update its shareholders once listing approval and a trading symbol has been obtained by FINRA.
Today is the last day you can purchase MCIG in order to get the dividend as the settlement date is November 28th. That is also the date of record for the dividend. That is why we are seeing the large volume today!
The stock has been rather weak the last few days! It may be time to sit on the sidelines and watch!
LOL..they don't even start production until 2017. First lets see if they can even make an electric vehicle?
4.9 million shares in first two hours of trading! This was a concerted attempt by market makers to lower Tesla's share price!Hope the shares rebound forcing them to cover! Go TSLA
Blue Skies! TSLA should break its 52 week high in the next month!
Indeed! It looks like a mop up day before heading a lot higher! TSLA
25% of a tight float is short! The put ratio is high! This should explode upwards soon!
Yes, short covering will have to happen over next week! Going higher! TSLA
We shall see! I am betting on increased sales, Tesla supplying other automakers with parts, and a short squeeze soon to come! Go TSLA
Day shorts will cover by the close!
Tesla would have warned if earnings were bad! Things looking great in Europe and China!
Well if Panasonic reported a 33% increase in their supplying batteries to Tesla and Tesla is also supplying electric engines to Daimler Mercedes then I think their earnings will look fairly good come Wednesday! Depends if Tesla can keep their costs in line! Go TSLA