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Re: paladin551 post# 82212

Monday, 01/23/2017 7:48:58 PM

Monday, January 23, 2017 7:48:58 PM

Post# of 112680
If they complete the second part of that PR it could be a huge bump for investors...

In a separate matter, MCIG received a proposal from several shareholders to create a new series of Preferred B Stock to convert their common shares with a 24 month lock-up agreement. MCIG is happy to see that multiple shareholders believe in the MCIG management team and its implemented business strategies, and are prepared to invest in MCIG on a long term basis. MCIG's board of directors is analyzing the proposal, and if the board of directors concurs with shareholder group, the capital structure of the company will be substantially improved. The Company will update our shareholders on the board of directors' decision and the outcome of the transaction.



We could be looking at a very significant reduction in OS, perhaps up to 25%.

Les