Bots Inc (BTZI)

[lesgetrich]

Technically, Vitacig was created as a separate company back in April 2014 when MCIG first filed to register its shares via the first S-1. At that time they listed the asset (book) value of Vitacig as $.0001/share. The last financials that were filed were for MCIG's first fiscal quarter which ended on 7/31/14 and they showed that Vitacig revenue accounted for about $188,000. However this was at a price of $2 and $3 per each and a 50%+ margin. At about that time they raised the price to $5/ea. However, this hasn't shown up in the financials yet because they haven't been released for the last quarter which ended on 10/31/14. It's likely that the $.0001 value was based on their original estimate of the asset value in April which hadn't changed significantly in their most recent financials for Q1, not the value it has today.