Bots Inc (BTZI)

[lesgetrich]

From my post yesterday...

THERE IS NO DILUTION OF MCIG STOCK!!!

DEFINITION OF 'DILUTION'

A reduction in the ownership percentage of a share of stock caused by the issuance of new stock. Dilution can also occur when holders of stock options (such as company employees) or holders of other optionable securities exercise their options. When the number of shares outstanding increases, each existing stockholder will own a smaller, or diluted, percentage of the company, making each share less valuable. Dilution also reduces the value of existing shares by reducing the stock's earnings per share.

...from Investopedia

Since October 2013 the oustanding shares (OS) of MCIG has been a constant 270,135,000 shares. Paul has been using his personal shares in the company to pay for some services. So far, the largest transactions have been the purchase of vapolution (5 million shares of which only 2.5 million have been issued so far to the 2 previous owners) and the marketing/billboard campaign (700,000 shares). The vapolution owners are insiders and can't sell their shares without first doing an SEC public disclosure. Paul can't sell shares without a public disclosure. According to the 10K a total of 135,000 shares were issued for services during the entire fiscal year ending April 30 2013. Paul paid for another $435,000 worth of services from his own stock. At most, we're looking at about 8,000,000 shares distributed by Paul across multiple parties during the last fiscal year, yet some people are alleging that these shares were all used in a coordinated attack on the pps. Paul currently owns about 48% of MCIG and has to publicly report all of his transactions as do any major shareholders (those owning 5% or more of the OS - of which there are none).

Don't say that there is possible dilution without any evidence and then ask MCIG management to prove there isn't.