e-cig BIZ is boling, the resulting PPS move in MCIG is evidence that their spin off of VCIG is a smart share splitting move, but hardly an upward move as far as company growth…
they just took a product line in MCIG and transferred the necessary share dilution to a spin off, to afford the principals the continued salary and insider opportunity they wanted, WITHOUT a huge stir-up in the existing share structure………..therin lies the PPS drop/consolidation, which I concerned over……its happening……. and 29-30 is not ruled out……I mentioned 35 just yesterday(sold 75% of my position,,,,,,when it was 5% lower @ 42)……AND ITS @ 35 today…bam….
being a shareholder in MCIG gives you the additional shares in VCIG…but the valuation is dropping to even the PPS score between the two stocks……….FAIR??….maybe……more consolidation is coming when VCIG OPENS in a couple weeks
CEO is doing a good job at running a ecig biz….needs to clarify the supply chain issues and the share mumbo jumbo
