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I actually asked Ryan about the map among other things. This is the reply I received (see below) regarding updates to the website. Sounds like they'll be looking into it starting Monday. Hopefully we'll have updates to the map shortly there after.
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As for the Bellissima website I agree with you. It does need to be updated asap. My company will be assisting ICNB with all their web based needs and we will take a look at this Monday morning. We will also be creating them a brand new fully functional and investor friendly corporate website. As you can imagine the company has been swamped lately and they hired us to help with the workload. It will not be an issue for us to update their websites as need be. Updates can be done quickly.
New Large Distributor: Empire Distributors have a distribution network in Georgia, Tennessee and North Carolina and distribute to thousands of locations. They area subsidary of McLane Co which is a subsidary of Berkshire Hathway.
This is an important distributor to have selling Bellissima.
News from 2010 on Berkshire connection to Empire:
http://www.reuters.com/article/us-kahn-berkshire-idUSTRE62L5VQ20100323
News from 2010 on purchase of Tennessee Distributor:
http://www.businesswire.com/news/home/20101027007188/en/Empire-Distributors-McLane-Enter-Agreement-Acquire-Horizon
About Empire Distributors: Empire was founded in Atlanta, GA in 1940 by Max Kahn as a small family owned local distributor of spirits and wine. The company grew to service the state of Georgia and entered the North Carolina market thru acquisition in the 1980s. Empire is led by the third generation of Kahn family and is a leader in distribution of spirits, wine, beer and non-alcoholics in the markets they serve. Empire employs 800 people and distributes over 10,000 skus to more than 8,000 accounts. The company is a wholly owned subsidiary of McLane Company. For more information please visit http://www.empiredist.com.
The number of accounts would be larger now since the purchase of the Tennessee distributor mentioned in the link.
https://www.mclaneco.com/content/mclaneco/en/home.html
About US:
McLane provides alcoholic beverage distribution through its wholly owned subsidiary, Empire Distributors, Inc. McLane is a wholly owned unit of Berkshire Hathaway Inc. (NYSE: BRK) and employs more than 20,000 teammates.
VitaCig, Inc. S1 Amendment Update
The Company will be submitting an amended Form S1 to its Auditors today for a final review.
Second Brand Ambassador announced.
mCig, Inc. (Stock Market Symbol: MCIG) is very excited to announce its second brand ambassador: Brandon Cole Margera AKA “Bam Margera”.
By definition, an oil refinery turns crude oil into something useful, i.e. gas. How could it not be producing? The question isn't whether or not it's producing, but whether it can refine oil and turn a profit.
General Info on refineries:
http://en.m.wikipedia.org/wiki/Oil_refinery
Great DD, thank you! I'm a little concerned with the OS but will keep investigating.
Right, I was pointing out the reference to the factory in China which related to your post.
Good Find B!
This reminded me of something else I had read the other day. Take a look at this: http://www.designwithstrategy.com/index.php?page=motovox
From the site:
"The challenge we took on with Motovox was to create a product line that would be distinctly different from the traditional aesthetic of recreational motor vehicles yet it must appeal to the mass market at the big-box stores. Working closely with the client and its factories in China, we designed multiple patented products that looks great and outsell the competitors on Amazon and at Sears, Kmart, Costco, and Canadian Tire."
Nice find!
Sorry B! You know I love the ibox. I see the section on smart carb patents but not for the others. Maybe I'm missing them.
I can't find the one on the two cycle engine either, by Dyess, but I'm sure it's there. Just trying to help!
Not sure if it's still an active trademark.
http://www.trademarkia.com/company-apt-ip-holdings-llc-3512764-page-1-2
Q4 ends this month. They should report by end of May to mid June. This quarter will blow away last quarter.
I'm not much into predicting pps, but if we only see a penny within a month I'm going to be pretty disappointed!
They had no problem keeping up with deliveries from last quarter. It was the significant increase in orders from this quarter that they had trouble with and that's because they kept running out of stock. I think they'll be fine moving forward as I'm sure they are ordering larger amounts of inventory now.
Great News for FROZ! Merger complete!
"The Agreement was consummated (the “Closing”) on March 27, 2014, in a transaction exempt from registration under Section 4(2) of the Securities Act of 1933, as amended. In mutual agreement, FROZ and APT amended the Agreement by waiving any conditions of the Agreement that have not yet been satisfied with the understanding that these items will be resolved post closing."
Quite board, let's try to get things going again... FROZ still looking good. Take a look at PAWS.
I looked into the cost of each SmartCarb and came across their ordering page. Basically the Cast 38mm is $375, all others are $775. It would be interesting to know what percentage of their sales are Cast vs. Billet to give us an idea of what their weekly revenue stream on the SmartCarb could be. Just estimating, but once they are selling about 45 of these a week you can assume that this will add $20k-$35k weekly revenue. Right now they are probably doing about $10k-$20k.
http://www.powerapt.com/smartcarb-preorder-1.php
Not sure I understand why it would bring it down? It's a 1:1 share dividend to a new company that hasn't been included in the companies assets yet. If anything the dividend should increase MCIG's PPS because it will add to the company's assets. Nothing is being taken away from MCIG there will be a gain.
They had no issue meeting demand last quarter of the units sold. I received mine within days of ordering last quarter. They'll figure out how to meet the demand this quarter, but one thing is for sure, It's a lot more than 8,500 units.
I thought so too, I had read it in a post but can't find it in any official PR. Anyone else find it?
That should be marked and saved. Great quote!
Q3 Numbers look good! Can't wait for Q4, they will blow these numbers away!
Fiscal year ended last year April 30, 2013. Why would it suddenly end Jan 31 this year?
I'm pretty confident we are currently in Q4 and fiscal year ends in April. As were you on 1/3/14: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95538160
Also check filings:
http://www.otcmarkets.com/stock/MCIG/filings
Right, except I'm pretty sure that Q3 ended on 1/31. We are in Q4 now. Q3 will have about 10 days of MCIG 1.0 (they sold out in 10 days) sales and 2 weeks worth of MCIG 2.0 before the quarter ended. I would guess Q3 would be reported within the next few days to a week. Our current quarter, Q4, ends in 6 weeks, that will show much higher growth than Q3.
Just incase anyone missed this...
Official! #mCig CEO will be interviewed by Jane Wells @CNBC on March 26th @Oaksterdam University! Invite open to investors & customers.
Has the RM occurred or is it still pending?
On a side note, expecting news on FROZ by Friday... Should be an interesting two days...
Per latest PR http://money.msn.com/business-news/article.aspx?symbol=US:ORFG&feed=PR&date=20140305&id=17408152
The Company will be filing the name change to become Bakken Energy Corp, on or before March 12th, 2014 subject to regulatory approval.
Reading through the 1/8/14 8-K... Found this interesting since it's a week away...
Item 9.01. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired.
The Company expects to file the audited financial statements of Mesa Pharmacy, Inc. required pursuant to this Item 9.01(a) no later than March 18, 2014.
(b) Pro forma financial information.
The Company expects to file the pro forma financial information required pursuant to this Item 9.01(b) no later than March 18, 2014.
They need to be $4.
I had emailed MCIG that basic question a couple of weeks ago and they said "We have a WDR program in place for Wholesale, Distributors, and Retail distribution beyond the mCig.org website."
Calm before the storm! Everybody is just waiting on news...
No problem! Hope it works out for both of us! I also like PAWS which has a pending reverse merger with Mesa Pharmacy. They've been churning for the last few days between .09 and .11. The PRs indicate that the pharmacy has high revenues, growing revenues. http://pharmacydevelopment.com/
I like the potential, its expected that the merger is complete within the next couple weeks. Possible end of next week.
FROZ expected to have a reverse merger within a week. Hopefully it all works out.
http://investorshub.advfn.com/Frozen-Food-Gift-Group-FROZ-18062/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98330581
I've been following MCIG for a while, first got in at .18, now trading over .60. OS is 270 Mil, Float 140 Mil. They sell $10 MJ vaporizers and are getting a lot of publicity. They are also doing a 1:1 share dividend spin-off of a new company VCIG. This is my vote for a potential P2D investment. Management is very transparent. Checkout their latest investor presentation: http://www.mcig.org/investors/presentations/
There may be a pullback and/or it may just churn for a bit between here and the .50s. It did that for a couple of weeks in the .30s before this move up and even had a shake down to the mid .20s one day before recovering that same day back to .30s. I think its healthy for any stock to build a base so a little churning is good. However, MCIG is also hot right now and getting a lot of press, so it could very well move much higher from today's close over the next couple weeks. In addition, Q3 earnings should be out in a couple of weeks and Q4 will even be much higher revenues than Q3 just based on the fact that sales will have a full quarter of MCIG 2.0. So I can see this heading much higher over the next few months. imo
Actually, I believe the VCIG spin-off is a great move by management. Their ultimate goal is to upgrade to NASDAQ (per their latest presentation http://www.mcig.org/investors/presentations/) One of the criteria is that they have at least $4 million in shareholder equity. The quickest way to get there, at this point in time, would be to spin off VCIG as it's own company. They are hanging on to 49% and as a reward to shareholders they decided to give shareholders a 1:1 dividend. This should also help MCIG PPS as it gives further value to MCIG, imo. So it provides value to MCIG and gets MCIG one step closer to NASDAQ.
That was my understanding, although I'm not sure on the exact March 12th date... Should be around that date though.
I agree that this is a great stock and management team! It's not that I don't think the PPS will be affected by this earnings release, which I would expect to come out within the next couple of weeks, probably mid March. I just think that the earnings for this current quarter will have a greater impact. This quarter (Q4) ends at the end April. It would be nice to get a PR that would state monthly sales, not sure if that's feasible. In any case I am very optimistic that we have a winner here! So I plan on sitting tight and watching the PPS increase over the year. imo.
I completely agree with you. The latest earnings will give us an indication of sales but it's really this quarter that we are currently in that will give us a true indication of revenue because it will have a full quarter of MCIG 2.0 sales. This is a long term play because revenues will continue to increase each quarter as word of the product gets out. If people are patient they will be well rewarded with MCIGs PPS increase as well as the VitaCig dividend. It's a good bet. imo.