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Re: mjtruth post# 49505

Wednesday, 12/03/2014 10:27:57 AM

Wednesday, December 03, 2014 10:27:57 AM

Post# of 112684
At $.0001/share, the book value of VCIG "IS" virtually zero from a market perspective. That's how much the value of MCIG is being reduced by the VCIG shares they are creating with the dividend. Since they get to keep almost 50% of the shares, they are only giving away $.00005 of their book value. They will hold the other $.00005 on their books as an asset in the form of VCIG shares. Consequently, since most brokers won't allow trades of any stock below $.0001, the book value that MCIG holds can't logically go down from where it is now.

The prospects for VCIG trading above $.01/share are very strong. It has products on the market that are producing revenue. It will likely show a profit on MCIG's financials for 2nd quarter ending 10/31 which should be released within the next two weeks. With any new distribution deals announced, it will probably show strong growth in Q3 which ends 01/31/15 and should be reported by mid March.

If VCIG even opens at $.01/share that will give MCIG an increase in book value of their VitaCig asset to $2.3 million versus a current $23,000. My hunch is that it will open between $.01 and $.05/share and move up from there. At $.20/share VCIG will contribute $46,000,000 in book value. MCIG's current market cap is about $48 million. Do the math.

Les

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