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Another post making little to no sense:
1.) "There are many reasons why MCIG has fallen off of it's high .90's"
"The falling short is a direct result of MCIGs inability to execute and sell good product and services. "
and then:
"MCIG better have gross revenues that beat expectations.
It's the only way this stock will head back up"
It´s not only a direct contradiction to your first statement, but shows that you haven´t watched and understood the whole MJ-sector behavement during mcig´s times in the 90´s.
Doing DD and homework clearly shows that all MJ-stocks came back very far from their highs and now searching for another bottom or slowly have improved their pps again.
"They have become the Jack-of-all-crap, and the Master of Effing-up "
With the revenue prediction in the 7-10m range for the coming fiscal year, this statement is something to cry at....
"At the end of the day, it's about gross revenues and positive net profits. "
Better watch again in a few years starting in 2015......
"Ignore the noise, focus on the tape, technicals, and fundamentals. "
No need to mention where the most noise is coming from......
Nw12
I believe in some good numbers, yes.
Problem are the 520m outstanding shares which are quite a lot.
10 cents would put VTCQ at a market cap of 52m$, so they really would have to sell lots of Vitastiks ( which I believe they will do ), or surprise us with more interesting products, or being bought out at some point.
Well, as all the VTCQ-shares I own are for free, I have a lot of time to watch how this thing develops.
I don´t need to sell a single share for the next years,lol.
Next steps: official OTCBB-listing, 10k, and some surprises as always, imo.
Nw12
Right now it is, we have to wait for OTCBB and the numbers....
lol, successful gimmick if sellers in more and more countries want them and hundreds of stores are gonna sell them.
subpenny - LMAO.
Where´s the forecasted subpenny for mcig, btw?
A lot of false evaluations and false predictions.
get real:
VTCQ is here to stay and so is MCIG.
Nw12
And thanks and a pm back!
Nw12
Did he tell you?
If not, please provide a link, cause EDGAR doesn´t show anything like this.
Show me the opposite!
Show me that they don´t bring in millions in 2015 and 2016.
Show me that their deals will not compensate their operating losses.
Show me that none of the companies they´ve bought is successful.
difficult?
of course, as only the future will bring the evidence in form of audited financials.
But this is a developing industry and not the end, but still the beginning.....
And you folks sell your personal opinions as facts.
But the next hard facts will be shown in the coming 10K and 10Q, not now.
Nw12
They make millions because their products do not hit - yes, that makes a lot of sense.
NOT.
O.k. let´s wait for the next K and Q
That one was a direct hit, Les.
10k is about 3 weeks away.
From one vape pen in 11-2013 to a diversifying leader in the sector:
I like this....
same here, Sf!
I´m not in that hurry as long as the price is below 0.10, lol.
Nw12
I´m gonna ask the bank soon, guess I have to make a " Lagerstellenwechsel ", means, paying a fee and change the storing place for the shares.
I will inform here as soon I get new information
Nw12
thanks for the info, i´m gonna ask them when the time is right!
Nw12
thx man.
I bought my shares in Stuttgart, any idea how to sell them now?.
My bank account shows, the number of shares are still stored, but they have no value anymore since Stuttgart stopped the trading.
TIA
Nw12
lol, nice call.
A front runner indeed.
Imagine how they started with one vape pen in 11-2013 and look what they are doing now - it´s impressive to say at least...
Seems like they could earn several millions/ year only from this acquisition alone a few years from here.
2.5m in 2016 as mentioned,
5m in 2017,
10m in 2018
if they can hold the growth rate by 100%/year, what should be possible in an emerging industry.
But let´s close the deal first....
Nw12
Canada: close at HOD 0.19 ( +5.56% ).
US: close at LOD 0.132 (-12.35% ).
laughable,
I´m gonna add some tomorrow....
Nw12
Potential candidate already secured 560.000$ in the first half of 2015....
"The acquisition is expected to close on or before July 19, 2015. Security Grade has generated $560,000 in revenue with a 40 percent profit margin in the first half of 2015 and is on target for $1.3 million by fiscal year end. With nearly 100 percent growth year over year, revenues from Security Grade are expected to earn mCig $2.5 million in 2016 as the Company realizes its marketing and sales efforts for its systems and services in states beyond Colorado."
" We are moving very aggressively to reach our $10 million revenue target for 2015."
Subpenny - LMFAO
better turn your "prediction" into 20-30 cents+
Nw12
Can you imagine, after the brand is established worldwide, more serious products to be rolled out?
well, I can....
Amazing things are happening right before our eyes.
Remember Paul talking about the possibility of a NASDAQ uplisting in the early times of the company.
Every sold Vitacig increases the value of mcig, also.
Nw12
The naysayers are the ones who twist opinions to facts.
Les tries to provide facts by quoting PR´s and fillings or by underlining important parts of the text.
If something is to be interpretated, it always is obvious whether it is his opinion or not.
The naysayers seldom or never point to fillings or show the sources on what their opinions are based on, because there are none.
O.k - Sometimes they do, and then they read it wrong!
So, do we want a playground here or do we want to create some serious conversation for folks who believe in "taking the chance"?
Nw12
How can they make millions of revenues then, if they don´t sell any products?
I guess the real boost will come along with the numbers, new PR´s combined with a favourable technical situation....
Nw12
Blast through MA50, huge buys rolling in.....
Hype before numbers?
lol
A stock trading between 0.02 - 0.03 for months is not in hype mode, but trading at it´s bottom as everyone can see in the chart.
When it first hit 0.06 there maybe was a bit of a hype, but now?
The area betwen 0.02 and 0.03 has been the perfect entry point and not the peak where you might sell.
Only excuse: one needs cash urgently
Nw12
Agree. A definite break through the MA50 would trigger a buy signal.
Along with more news, the stock could significantly rise...
Nw12
Some highlights of the PR:
"Maury Winnick has joined the Company as Vice President of Global Sales. In his role, he has already restructured the corporate sales strategy, including the development of a Master Distribution Agreement (MDA), the first of which features Just Chill Products, LLC"
"mCig is on track to become the premier distributor in the cannabis industry through its Master Distributor sales approach,"
"mCig also announced today a Sub-Distribution Agreement (SDA) with JCP Wholesale, a deal which has already resulted in $185,000 in sales and a contract for $1 million of future product sales in 2015."
"mCig has zero debt, compared to most of the companies in the same sector, and it is not planning to take on any debt to finance the Company's operations."
"Online sales for this single product line at just one of four existing online retail stores for mCig are projected to bring in roughly $1 million for mCig in fiscal year 2015. Three additional mCig online stores are in the pipeline for 2015, for a total of seven."
to be continued.....
Nw12
You are dead wrong here, dude.
100 more sales reps will sell the hell out of their products.
No R/S, no dilution necessary, then.
Almost several millions in revenues secured for 2015.
GO MCIG
Industry leader in the making, right before our eyes.
All that sold at 5 cents according to the naysayers subpenny bullshit will apologize when this runs back up.
NASDAQ was the goal, and obviously this has never changed.....
" "As part of this new approach, we have eleven large-scale contracts currently being cultivated that include products and services in addition to new distribution and accounts. We plan on adding more than 100 sales representatives to the team by the end of next quarter.""
Wooooohooooo
Nw12
Great find, Rat!
Along with a sector boost VTCQ and MCIG would blow off, imo.
Question is: When is the beginning of the next sector run?
The last weeks, the mj-index has been slowly creeping up again.
Nw12
WAFF WAFF
( German dog )
lol
Nw12
The candle chart above shows the lows have been hit more than 2 times, but o.k.,
and yes, it may drop further, I´m afraid.
Nw12
triple bottom now - hope, it holds.....
Canada: close at HOD 0.245, while some brainy here threw away his shares for 0.185...
0.20 - we get some nice volume here, folks.
Nw12
Thanks penee, mm for you - can´t reply private.
good luck
Nw12
pssst - the pps reacts......
I share this thought.
Something is cooking, and it´s not small, imo.
Nw12
You´ve seen them all and watched them the entire concert, wow.
How was the music, btw.
lol
Nw12
Yesss, Sir.
A few 2-5m shares days would send this fast to 0.30 - 0.60 and maybe even above....
Nw12