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Monday, 04/24/2017 6:52:14 PM

Monday, April 24, 2017 6:52:14 PM

Post# of 112680
"HR" App Will FAIL, but Paul Will Get Paid

Let's rewind to the beginning. Reread the original PR; the key word is "former". Although I'm sure Megaupload is successful in their own right in terms of what they do - the fact is - that Megaupload is NOT developing the app for MCIG. FACT.


4/20/17
http://www.marketwired.com/press-release/former-megaupload-programming-team-joins-mcig-inc-in-the-cannabis-tech-space-otcqb-mcig-2210987.htm

mCig, Inc., (OTCQB: MCIG) a leading distributor of innovative products, technologies and services for the global medical marijuana industry, is pleased to announce the achievement of acquiring part of the former Megaupload development team.



Secondly, what business or consumer problem or need does the app solve or fulfill? Most importantly, how will the app generate revenues?

The PR is purposefully vague and filled with IT jargon so that no layperson has any clue as to what the app actually does - and more specifically, how the app itself will generate revenues.

At the end of the day, there are only so many ways an app will make money.

1) you sell the app.
Therein lies the first problem. As of 4/24/17, 420jobsearch.com has 8,751 jobs available FOR FREE by going to their website. Why would a job seeker or a business looking to post a job, pay for any app when the actual website is free?

2) you give the app away for free and the website upsells services to clients of the business owning the website. MCIG owns 420cloud.com. MCIG does NOT own weedistry.com or 420jobsearch.com
Therefore, monies generated from upselling services would either go to weedistry.com or 420jobsearch.com and MCIG gets $0

3) Advertising. Again, it goes to ownership of websites. MCIG does NOT own weedistry.com or 420jobsearch.com. Any revenues per click generated by ads will go to the owners of the weedistry.com or 420jobsearch.com. MCIG gets $0.

You will also see the Alexa rankings of various websites; including monster.com and craigslist.com for comparison. As you can see: all 3 webisites: 420cloud.com, weedistry.com, and jobsearch.com don't rate very well.

So, you know what this is all about? MCIG will buy the 420cloud.com website from no other than, you guessed it, Paul Rosenberg. The Shyster is going to buy the website and pay himself.

You read it here first.