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Way better that the other one I tried.
Thanks for the luck, been smoking 25 years.
The time to quit is here.
The first 50k, my guess went to purchase the pens. Hope the next 50 or 100 goes to new products.
We won't know how many pens are sold for until they tell us. I have mine. Wish me luck. I am trying to quit smoking cigarettes. We know they have my money for revenue. The shirt is sweet too. Good Quality.
Have a nice day!!!!!!
Good think your guess is wrong.
Please take your negative comments to another place unless you can back the statements up with facts.
The Outlaw Josey Wales (1976) - Quotes - IMDb
www.imdb.com/title/tt0075029/quotes
Internet Movie Database
Lone Watie: We thought about it for a long time, "Endeavor to persevere." And when we had thought about it long enough, we declared war on the Union.
What is being done with the 50k per month?
Reading reveals directors and officers are being compensated with stock. General and admin expenses were less than 7k a month.
Let's say the pen costs 20 bucks and retailers get 20 bucks each. That leaves 50 bucks for us. Let's slim that down to 40 for conservatism. Let us also assume 40k was used to purchase the pen yielding 2000 pens.
I guess the question would be, how long will it take to realize the 80 thousand.
One may also ponder why we need 50k a month when the sale of the pens allow us to buy that may more, appox double the est initial purchase.
We have heard about more products coming under the brand. Will be interesting to read about them when announced.
Please help me understand why persons would be selling this. From this chair it looks as if we have a printing press for cash. What am I missing? Thanks.
NOTE 6 – SUBSEQUENT EVENTS
On April 1, 2014 the Company entered into a note agreement whereby the Company is obligated to a note with a principal amount of $600,000 plus prepaid interest $60,000 and prepaid legal fees $5,000 for an aggregate amount of $665,000. Additional interest of 8% on the outstanding balance is also incurred. The note matures on April 1, 2015 and is convertible, at the note holder’s option, into common shares of the Company. The Company will receive principal from the note of $50,000 per month starting in April 2014 and for 11 months thereafter, for a total of $600,000. In addition, the Company has issued warrants to the note holder which vest in equal amounts, over the 12 month period. The note holder may purchase up to 11,083,333 shares of the Company’s common stock at $0.06 per share per warrant or convert the warrants to common stock on a formula as cashless warrants.
On April 17, 2014 the Company issued 2,000 shares of common stock valued at $15,500 based on recent stock sales to one entity for legal services.
I would imagine that was supposed to read 200k
On April 17, 2014 the Company issued 800,000 shares of common stock valued at $57,000, based on recent stock sales to two directors of the Company.
On April 17, 2014 the Company issued 500,000 shares of common stock valued at $35,700, based on recent stock sales, to one individual appointed to the advisory board.
The $259,948 increase in expenses for the three month period ended March 31, 2014 over the same period in 2013 was primarily attributable to professional fees of $301,933 for the three month period ended March 31, 2014 compared to $9,488 during the same period in 2013. The large increase in professional fees can be attributed to increased stock based compensation awarded in 2014 verses 2013. General and administrative expenses increased to $17,247 for the period ended March 31, 2014 from $2,497 in the same period in 2013 while other compensation decreased from $73,750 in 2013 to $20,007 in 2014.
IMHO the lender will convert the 11m.
The question is, will MLCG put a million to the bottom line over the next fiscal year? Time will tell.
Happy Friday.
NOTE 6 – SUBSEQUENT EVENTS
On April 1, 2014 the Company entered into a note agreement whereby the Company is obligated to a note with a principal amount of $600,000 plus prepaid interest $60,000 and prepaid legal fees $5,000 for an aggregate amount of $665,000. Additional interest of 8% on the outstanding balance is also incurred. The note matures on April 1, 2015 and is convertible, at the note holder’s option, into common shares of the Company. The Company will receive principal from the note of $50,000 per month starting in April 2014 and for 11 months thereafter, for a total of $600,000. In addition, the Company has issued warrants to the note holder which vest in equal amounts, over the 12 month period. The note holder may purchase up to 11,083,333 shares of the Company’s common stock at $0.06 per share per warrant or convert the warrants to common stock on a formula as cashless warrants.
Will do. Needs a 4 to six hour charge. Love the hat. It is quality. Now I'm a walking advertisement.
My Pen, shirt and hat came today. Pen is charging now.
MLCG!!
Somebody take out 5k and take us to a dime lol. I would if I could.
Hoping to see the .075's go.
May pen purchase was order number 162.
Just ordered the recipe book. Order number 211.
Looking forward to announcements regarding sales levels. Would be nice to have top line revenue estimates as well. Margins I would imagine are substantial. As long as costs are contained, Q2 quarterly will be a fun read. Q1 report was uneventful as expected. Here is hoping we don't have to wait till mid August to hear about metrics.
I probably should have asked if it comes with the e liquid or if I have to buy it as an add on.
Looking forward to wearing the shirt. I will be a walking advertisement for our little company.
My pen is ordered.....!!.....
What will it take to give us a pop?
Updates on units sold?
On more persons radar?
The metrics are there.
Holding long, buying more when I can.
Someone wanted 2 grand. On the other had, someone bought 40k.
Should be an interesting read.
March 20
"Today, the Company is excited to announce that it has signed its first major distributor to market and sell the SuperStar Vapor Pen."
May 1st
"The Company confirms that it has received a multitude of orders, both on a direct basis, and from several of its distributors, from multiple states throughout the country. In addition, the Company confirms that it is in talks with several dispensaries throughout Arizona to carry the SuperStar Vapor Pen product line, as well as has upcoming meetings and discussions planned with dispensaries located in California and Colorado."
I have order number 162 and 200.
We only need 1000 units sold per month for a fiscal year netting 12000. Give em 20% to the bottom line yields a quarter penny per. P/E of 50 yields 12.5 cents a share.
Since IMHO they will do at least 5 times those numbers, I got us at 62.5 cents in a fiscal year.
Happy Monday and happy trading.
It really is!!!!
Four avenues of revenue.
Advertising on the app potentially.
One of the best pens on the market with a reasonable price point.
Very creative cook book.
Apparel.
This company is going to bank.
Who has one fiscal year from her eps estimates?
Be interesting to see the comments on FB on the picture of the recipe book. .
http://superstarvaporpens.com/?product=cook-book
Looking for VNDM to get taken out.
That what the ignore button is for. I will sell some shares to buy other stocks, but my price just went up. LOL
Wow, what a site!!!!!!!
http://mlcapitalgroupinc.com/index.php?q=superstar
Hope the company moving forward does not publish timetables without meeting them or telling us why they didn't.
Lisa, you are forgiven lmao, cause you rock!!!!!!
The announcement on 05.01.14 states the company expects the pens to arrive within 5 business days. That would make today the day.
Here is hoping we get an update. Even if the boat went a little slower than expected and they won't arrive for a day or two, it would be nice for the company to let shareholders know.
I think it is important, that if something is stated, it should be confirmed. And if it is not going to happen, let us know why.
Happy trading.
Not sure why the poster is given the time of day. Just do what I did and use the ignore button. .
I am glad folks are selling the stock, but I can't figure out why.
Please play devils advocate for me and talk about the downside risk.
Thanks.
Spoke with Lisa today.
My pre-order has been accepted.
Should be able to buy the product by weeks end.
She sounded very upbeat.
Thinking we roll from here.
Thanks for the 13.5k sell at market.
Got my order for the vapor pen in on time to get the t shirt.
Can't wait to wear it.
I will be a walking advertisement.
GO LISA GO!!!!!!
My post on FB
I urge everyone to take a look at mlcapitalgroupinc.com. It is in my opinion rare one finds a company like this. As far as annual reports go, theirs is one of the easiest reads. Their products are available this week. I am going to utilze their pen to get off cigarettes. I am going to buy the t shirt cause it looks really cool. The superstar MMJ dispensary app is fun, free and offers all their products. Never will I suggest where persons invest, but I will provide information. Full disclosure. I am long on this company.
Any thoughts on gross profit? I am thinking 40-50 per.
Thinking 25 to the bottom line with 10000 units sold.
Quarter million.
Thinking .3 cents eps.
Thinking 10000 units sold Q2.
fiscal year thinking we may see 3-5 cents a share.
pe 30 .9 to 1.5 SP
All IMHO of coarse.
Congrats to all those who found our little company.
Happy Monday.
My order number is 162. I got the black one. Will let all know my order number on Thursday when I buy the pink one for my lady.
Sixty nine ninty nine.
Gotta get me a tee shirt lol.
How do I get a coupon code?
This one just allow me to earlyret.
This one just allow me to earlyret.
HA HA. IGNORE!!!!!!!
I am feeling fortunate to have found this company.
Be interesting to see how much the pen is sold for. I am hoping ML gets 20 bucks profit per unit to the bottom line. Forty thousand units would get us to a penny a share.
And if it happens by the end of Q3 a pe of 50 for a rapid growth company is IMHO where we will be. Fifty cents.
Lost everything I had on an enron type company. Very glad I found this one. I am not getting any younger lol.
GLTA and happy trading.
I really like playing with numbers.
If they double Q4 sales in Hempmeds. and triple expenses it nets 1.2m to the bottom line.
.0013 eps. for Q
.0052 for year.
pe 30 is 15 cents.
Since I think my top line numbers for Q2 to Q4 are way too low, I will be buying all I can.
Keep on cruising Michelle, you are doing great.
Who ever knows other the management.
Thinking about the 8 trucks and their new tech that is being encased.
Wonder if this will provide any seed money to provide maybe 16.
Now they know how to protect it.
Time will tell. And boy have we been waiting a long time.
If we don't see results in 2014, it will be disappointing.
Happy weekend.
OBTW is you see a share or two purchased at 11 cents. That is just me wanting to see my account show the value at 11 cents. lol.
Looking to gap up Monday.
Hoping to gap down.
Want some more cheap ones.
Real revenues coming.
Low debt.
Major growth potential.