According to their last quarterly financials for their 1st fiscal quarter (May 1 thru July 31) their profit margin was about 54% and this was before they increased the price of VCIGs from $2 to $5 and the price of MCIGs from $10 to $15. The $350,000 was payment for their first purchase order (revenue). Consequently, they should have made at least $125,000+ in profit off that one PO alone.
What a lot of people don't understand is that MCIG is positioned to be a global company. I keep hearing about all of the competition. That may be true in the US market but a lot of other markets around the world are virtually untapped.