InvestorsHub Logo
Post# of 112693
Next 10
Followers 15
Posts 2144
Boards Moderated 0
Alias Born 05/31/2017

Re: MD-420 post# 88963

Monday, 09/18/2017 5:23:00 AM

Monday, September 18, 2017 5:23:00 AM

Post# of 112693
The concept investors need to understand the risk/rewards of a private placement is interesting.

As you indicated before this is a penny stock. An investor should understand the risk/rewards of investing in a penny stock. The people who actually need to fully understand the risk/rewards of a private placement are those investors investing in the private placement.

The worst case scenario of any investment is losing all your money. This is well known. Again the filing of a late 10-k is irrelevant if they've filed late for the past 3 years. It becomes a normal pattern. If this was truly a concern then the stock would've fallen off the radar a long time ago.

MCIG may still file an 8k. If you look at their past history their 8-k filings always came after their announcments. I've seen companies quietly file 8-k's but not press release private placements so they are being pretty transparent.

I say sit back, relax and watch what happens.