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Re: @WolfofWeedST post# 89312

Wednesday, 10/04/2017 6:30:24 AM

Wednesday, October 04, 2017 6:30:24 AM

Post# of 112654
May test resistance at 0.21 before coming back down?

When are restrictions up on your stock? December? Will you be selling?


Those were just levels based on 2 weeks of downtrend. Pointing out the 16 level is good because if there isn’t support it falls apart. We tested it a few times and luckily the selling stopped. As for the private placement this is something I’d rather not get into because I am very negative on it. So I’m taking that PR as a poorly worded piece of news which isn’t actually a private Placement.

As shareholders the company (MCIG) would have had to make the private placement available to all shareholders for review, meaning accredited investors can invest and non accredited can review the terms because if they are too skewed in favor of one class of shareholder that’s an issue. Retail investors have the right to see the OM (operating memorandum).

We have yet to see any of those things or even a filing based off of that PR which should give shareholders some pause. Also that PR was 1000% a material event yet no 8k or subscription documents. There was also no real public offering for accredited investors, meaning no email or # of where to call if ur accredited and want to participate. I just did a PP and have done a few others and this was not a private placement, because the roll out was so awful I have to assume it was a mistake, but even that mistake needs clarification.