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