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Alias Born | 12/13/2013 |
Tuesday, December 23, 2014 10:59:30 AM
mCig is soon to be directly linked with MJ and MJJ if the past PR's are correct. Here is where the Vita spin off as it's own LLC comes into play. IF something was to happen to mCig, where mCig lost a lawsuit or harmed someone, then mCig would be liable and could be pushed out of business because of what ever the potential labiality is. THEN mCig going out of business does not affect Vita in any way, shape or form. The same would go for any other LLC they decide to spin off.
In MY mind LiquCig would need to be spun off as well since that is a greater liability due to the potential for alcohol poisoning by someone vaping too much alcohol vapor.
So as I see it mCig, LLC. will be the parent company with all of its umbrella LLC's that answer to Paul, it's owner but is directed by other individual CEO's.
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