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looks more like the state of Washington is just trying to get their hands in the cookie jar. the companies who received letters were all 'major operations' and had not registered with the state.
the most recent part (part 3) is dated October 25th. it's a series.
agreed
excellent post
I don't think anyone has noticed/recognized this part yet:
"The company expects to report Revenue for the three months ended July 31, 2014 of $195,565, which represents a 1,500% increase when compared with revenue of $12,500 over the same period in 2013. This figure excludes revenue associated with operating subsidiaries that are still being integrated pursuant to the framework previously discussed by management and in fillings with the Securities and Exchange Commission."
So, it would seem the $195 grand is from mcig products ONLY, not any vapolution or vitacig products. I think things are looking positive here....
your logic and rational thought will not be well received here...
haha that is awesome. I guarantee he will not go find it and buy any vitacigs. anyone can talk big on ihub, which is what's so frustrating about the site.
dude you're so right, mcig is totally the worst promotional team ever, for a startup in a new sector with celebrity endorsements, billboards, and retail sales in their first year of operation. totally the worst ever. definitely not better than any other MJ sector stock.
this has to be the most logical and rational post I've seen on this board in months. should be stickied, although I strongly doubt that would happen. at any rate, the daily pps will fluctuate, and several months from now we'll have received the 10-k, divi news, and the next quarters financials, at which point there's no way the pps will be at it's current level. sit back and relax, it's called investing.
well, let's be realistic here, marijuana will be legalized federally, at least for 'medical' purposes 3-4 years from now. it's inevitable. marijuana legalization is the prohibition repealment of our generations and era. and when that happens, legitimate marijuana-based companies will boom. it's not a couple states here or there that will send these stocks into the billion dollar market share range, it's federal legalization
Federal legalization is now on it's way...
http://www.cnn.com/2014/07/28/health/federal-marijuana-bill/?cid=homepage-ob-gc&iref=obnetwork
your attitude towards this company seems to away heavily from week to week, and day to day. why is that?
converting common stock to preferred is the opposite of dilution, learn something before posting please....
are you, generally speaking, more against Alan brochstein or Mcig the company?
looks neat, but that's about it. has no nicotine or THC, so not sure why anyone would want it unless as a smoking cessation product. it doesn't seem to be marketed like a vitacig.
this entire post has no point or relevance. it makes no sense.
130,000 shares since late Dec.
everytime I hear someone say that mcig and vcig will get dominated by big tobacco or the FDA, I laugh and shake my head. the mcig is essentially a miniature bong, and all these investment writers seem to not understand that concept, so there won't be any competition by big tobacco, unless lorillard starts making bongs (unlikely). and the vcig has no nicotine, which is big tobaccos bread and butter. they might get into that market in several years, but by then the PPS of vcig will have risen high on sales and I'll have sold for a nice profit.
yes, you're right, big tobacco as a competitor someday to mcig and vitacig is a disconcerting thought. however, if mcig and vcig management can capture the attention of customers as the "cool" brand in the new and burgeoning industry of no-nicotine e-cigs and MJ vaping devices (which I think they can) then I do believe mcig and vcig could sit to claim some of the market share from big tobacco.
Negative. Vitacig has no nicotine, which the products in the article do have. and for that matter, Mcig also is not an "e-cig" either, it is a hand held vape pen, but much cheaper than any other competitors.
agreed
I'm up 150% on my total investment since buying into mcig throughout January and February, and it's all thanks to Alan Brochstein, the best analyst on MJ sector investing. I owe my investing success to him and MCIG. nothing but great things coming here.
haha, "I know a guy who knows him who said..." I'm all for a fair and balanced conversation, but having followed this board for several months, it seems to me your constant criticism of this company is becoming a broken record with little substance. Also, having been to Dubai a dozen times myself, I can tell you that the money over there is quite conservative, and not likely to invest in something marijuana based unless there's at least a modicum of legitimacy to it. it's mostly big time real estate or oil. or high-end retail. industries with legitimate potential. point is: people were saying the same things about MC*G back in December, about it being a failed hot tub company and going nowhere, when I bought at ten cents. I get it, cbyi and Lawson have a shady past. but things change, and I consider it unlikely that an entrepreneur would go to all this effort simply to boost the share price (to a tenth of a cent) and then dump all the shares. and then move to a non-extradition company for the impending lawsuits. let's see how this new business model plays out. I'm happy to admit you were right in 6 months if it all turns out to be a profit-less scam, though I think that will be unlikely.
Despite the positive sentiments here, the general lack of patience surprises me. I hope everyone realizes that in one to two years time, this stock will be comfortably in the dollar(s) land. talk about an easy retirement plan. let's all just chill and enjoy our new homes in 3 years.
All of this back and forth makes me smile. when I bought into MC*G at 15 cents in late December, the board was nothing but bashers saying how the company was a scam shell working in the hot tub business. everything you could think of was said negatively. the same is true here. sure, CBYI has a shady past, and it has a lot of authorized shares from previous dilutions. but the DD is here showing that the company is at least attempting a new path, and even if it doesn't become the next google, we'll all make a small fortune if we just sit right and see where this goes in the next 6 months. give me a break people. I'm sorry many of you got burned with this or other companies in the past. but don't be jaded from investing forever. learn and move on.