![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 19, 2016 3:44:12 PM
Transparency would be even better.
The VitaCig EU order hasn't actually occurred yet. In addition, if it's an order for the VitaStik product, VTCQ USA gets 0%.
There's nothing wrong with MCIG USA/VTCQ USA simply admitting they gave the house away with the VitaStik product. Obviously since they could not sell VitaStiks domestically, they were forced to get their foot into the door of international distributors. They did it with VitaStiks.
This is exactly what I said CAFS was doing when I said CAFS would give away concessions in order to get MJ Dispensories to sign agreements with CAFS when trying to get people to sign CAFS franchise agreements. So, when CAFS was saying they'd get franchise fees and 20% of gross revenues - I said - it wasn't going to happen. Guess what. It didn't - even though CAFS PRs said they signed half a dozen franchisees. Result? Zero Revenues for CAFS from those agreements.
In the same vein, MCIG USA/VTCQ USA gave the house away for the VitaStik product. It's their "loss leader product". The good news is that now, MCIG USA/VTCQ USA will get a miniscule % for a commission from international sales of their OTHER products apart from VitaStiks.
Bad news is that if the international order is for VitaStiks - VTCQ USA gets ZERO commission.
What else can we ask at this point.
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM