Bots Inc (BTZI)

[BubbaInSC]

See Detailed Response

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123611686
"He totally destroyed your ad nauseum claims that VitaCig would never receive any royalties from EU or Korea because VitaStik, Inc owned the trademark. How many times did we have to look at that garbage post. The blame for what happened with the VitaStik trademark rests primarily on Al Santos. He was CEO of VitaCig at the time, not Paul. He should have presented his trademark plan to the Board of Directors and had it approved, he did not. Paul was powerless to do anything but fire him, which he did. In any event, it has no current impact on VitaCig revenues or royalties. "
~Les

Read the CC again. The CC NEVER discussed royalties/distribution for the INTL contracts for January 2016. You realize that the CC only acknowledges that Al filed for the VitaStik trademark - AND that the company position is that the letter is "not authentic".

Did you think they were going to CC that the letter was genuine? LMAO. see my next post for a more detailed explanation; since again, you're having a hard time distinguishing fact from fiction.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123611686
"VitaCig never fabricated exponential growth. Those predictions came from several posters. The company can't control what people post on this or any other social media. There was never any trademark issue affecting VitaCig revenues or royalties."
~Les

Answer: I think it was either MD or NOS who mentioned that MCIG, in fact, has hired social media consultants in the past. In addition, MCIG/VTCQ does control what certain people say. Two examples where Paul has directly affected what posters post in this forum are as follows. THIS IS ACTUAL PROOF!!!!

5/9/16
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122507882

I spoke with Paul today. Construction has started on several projects and they will be posting pictures shortly on their website showing progress (perhaps next week - Ron Sassano the head of their construction division is currently on vacation) and updating these regularly.

Rollies will be available in Nevada in June.
~Les

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122862633

In my last conversation with Paul, he told me that he was pleased with the pre-orders for Rollies.
~Les

These comments have a purpose, don't they?



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123611686
"mCig is bound by their contract to confidentiality about any due diligence information they received from Malecon. Malecon probably wants to make an announcement themselves which will have maximum impact on the pps and its new shareholders. The MOB contracts were addressed in the transcript. They are being handled off the books as merely relevant information for shareholders... "

Answer: LMAO. Like I said the CC did not cover what most listeners wanted to find out about Malecon

"Interesting comment re: business model for construction. Mike said they are “leaders” in the sector because they are the only ones who will work out a contract and build in x amount of profit in the cost of the project – and the customers will pay the exact wholesale cost of building materials."
~Bubba's original quote prior to issuance of transcript

Your response was to quote what Mike said from the actual transcript. My initial quote pretty much summed up Mike's actual quote; except with fewer words.

"Again, he totally destroyed your contention that you again repeated ad nauseum that there was zero profit in the GreenLeaf project. "
~Les

Answer: Not at all. The CC states that
"This is virtually unheard of in the industry where you're identifying what the cost of it is, you're getting prepaid for it and you're building in a percentage of profit."

Like I said, the construction project materials and labor is done at cost. Normally construction companies mark up both labor and materials for net profits to the company. Like I said, the percentage of "profit" is done by charging for consulting fees. There WILL BE ZERO NET PROFITS BECAUSE IT WILL ALSO SHOW UP AS AN OPERATIONAL EXPENSE FOR THE SAME %. I challenge you to show what the books will show using Generally Accepted Accounting Principles with the Green Leaf project. Betting it will come out at as $0 net profit.

transcript

We've seen tremendous growth in this market and we continue to dig our roots deeper into the market, but all this has brought forth a couple of issues that we needed that we had to address. We had to deal with the bank and merchant services decisions to consider how we process payments.

This created a huge downturn in the third quarter of this fiscal year and you saw the difference between the second and the third quarter earnings and there was a tremendous drop off. Part of this was because of the inability to process with merchant services.

We have corrected that. We have moved forward with that and we have created a solution whereby we can continue and did continue to offer our products online with the capability of processing with banks and with the merchant's business accounts.

LMAO - excuse was for FY16Q3. So, if corrected, what happened to FY16Q4; which is -17% vs. FYQ3??