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Re: lesgetrich post# 88632

Wednesday, 08/30/2017 6:03:57 AM

Wednesday, August 30, 2017 6:03:57 AM

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Also there was no news to really go with it. I think there was too much put into the audited report. They basically announce the numbers on May 15th and they basically had the corporate update on June 5th. With the release of the audited numbers there was really nothing more to go along with it. It was really just paperwork that needed to be filed.

There was one piece of information I was interested in seeing and that was the capital structure. They announced in Feb that 60 mill common would be converted to preferred shares and CEO would cancel another 20 mill shares along with that but it looks like it never happened.

Just in case anyone missed it, here was the press release that actually went with the annual update

https://finance.yahoo.com/news/mcig-provides-shareholder-corporate-developments-110000874.html