Omni Health Inc (OMHE)

[BubbaInSC]

Common Sayings/Phrases Debunked

Unofficial Excuse: VTCQ USA “can't fail (with VitaStiks) if they've never tried”

Response: https://www.facebook.com/VitaCig-Vitamin-Electronic-Cigarettes-220507291491292/

https://www.facebook.com/vitaciggermany/

https://www.facebook.com/%EB%B9%84%ED%83%80%EC%8A%A4%ED%8B%B1-564217060379921/


VitaStiks have been for sale since at least April 22, 2014 domestically.
VitaStiks have been for sale in EU since at least November 27,2014
VitaStiks have been for sale in Korea since at least January 18,2015

Unofficial Excuse: VTCQ USA didn't fail as a separate company

Response: MCIG owns 41% of VTCQ USA. VTCQ USA became a “separate” company ~ January 2015. VitaStiks have been for sale domestically and internationally since between 4/22/14 and 1/18/15

Unofficial Excuse: Paul instructed VTCQ USA to “stop operations” because they were in negotiations with “multiple” business entities.

Response: There is no official PR (from a reputable source like Marketwired) that states there were ever any negotiations with a USA based business entity. None.

They were only “seeking” a partner. But there is ZERO evidence that there was ever any interested party from an official PR.

http://seekingalpha.com/article/3499716-an-exclusive-interview-with-mcig-ceo-paul-rosenberg
“Seeking to sell stake in VitaCig to a corporate partner and run it as a joint venture. ”

Unofficial Excuse: VTCQ offered buyout by Altria

Response: Ummm, no. pastebin.com/pJnhXNgc

Unofficial Excuse: “Revenues don't matter” as an excuse for the piddly $12k in revenues last quarter

Response: Actually, it does. What has been going on for the entire year of 2015? Clearly, VitaStiks failed domestically. It does not appear that either MCIG USA or VTCQ USA got a single penny of overseas sales of vitastiks since 11/27/14. MCIG, owning 41%, did nothing.

Unofficial Excuse: History isn't important at all. Potential is what should be focused on.

Response: History has shown a consistent pattern of deception by MCIG. The history of failures, lack of execution, and unmet forward looking statements; like the “conservative $10 MILLION. And, now, “up to 25%”

Questionable Statement: VitaStik (the product, not the company) is under the new VitaCig EU Contract

Response: No, it's not. The official PR specifically states it's for CBD based products only.
http://www.marketwired.com/press-release/vitacig-executes-landmark-royalty-agreement-signs-lucrative-distribution-agreement-our-otc-pink-vtcq-2087707.htm

Questionable Statement: VitaStik (the product, not the company) is covered under the new VitaCig Korea/Asia contract

Response: The VitaCig Korea PR is even more vague than the EU contract. VitaStik (the product) is not mentioned specifically at all. In addition, the PR says the original contract was “renewed”. What does that mean? Does that mean that the new contract is the same as the old contract, just dates changed?

http://www.marketwired.com/press-release/vitacig-renews-south-korea-partnership-expands-distribution-into-japan-otc-pink-vtcq-2089114.htm
“has renewed its Partnership Agreement with South Korean Partner Kooleever, Inc., and expanded its distribution territory into Japan for its VitaCig® product line. ”

Questionable Official Statement: “Up to 25%” commission of international sales of CBD products

Response: Likely means 0% of international sales of VitaStiks; since it's not a CBD product – and it does not appear that VTCQ USA or MCIG has received any commission off of international sales of VitaStiks; that have been available and sold by VitaCig Germany/EU/Korea since November 27,2014.

VTCQ is more likely to receive only 1-3% of international sales on the CBD based products. That's the way pyramid-type distribution chains work; especially with low cost, low profit margin, high volume products like VitaStiks and CBD juices. The top line “distributor” makes a smaller “commission” off of all the lower tiers of sub-distributors.