Bots Inc (BTZI)

[lesgetrich]

Agreed, contrast that to today's PR...

mCig, Inc. Provides Shareholder Update on Corporate Developments Press Release | 10/01/2018

Once construction begins, operations will start immediately by utilizing portable buildings during construction of the permanent facility.

...from my posts...

It will take years before mCig sees any revenue from California – Debunked 5/1/18 - mCig will receive early revenues from construction, facility management, MJ Distribution, extraction and new branded products long before California City's first harvest

...from today's PR...

This will allow us to bring to market our developing cannabis products, like marijuana cigarettes under the Rollies brand.

MCIG’s CEO, Paul Rosenberg stated, “I take serious the promises we as a company have made in the past. It has taken us much longer than we anticipated to bring some products, like our Rollies Brand, to the market, but we are now a much stronger company, with a strong team of individuals that have the same vision and same goals.”

...from my posts...

Rollies missed launch because rolling machine wasn't ready

...from today's PR...

MCIG management was recently very active in the European market, where it struck a deal with an equipment manufacturing company. MCIG will introduce a line of cannabis extraction equipment, including filling machines, drying equipment, ethanol extraction filters and distillers capable of high throughput.

With the recent boom in the number of cannabis manufacturing licensees, spending on equipment has recently begun to soar. By pricing its new equipment competitively and marketing its higher production volume, MCIG plans to capture a significant portion of the cannabis equipment market.

In addition, MCIG will also use its new equipment for processing cannabis at CALAcres and hemp at NYAcres.

...from my prior posts...

Multiple PR's stating mCig will manufacture extraction eqipment and build their own extraction facility

...from today's PR...

The Company recently filed Form 8a-12G with the United States Securities and Exchange Commission effectively changing the status of the company from a voluntary reporting company to a fully reporting company. “This action is fundamental to our commitment of full transparency for our investors. By subjecting the company to a self-imposed requirement to fully report under SEC guidelines, we ensure confidence with our shareholders and investors and bring the Company greater visibility and credibility before global financial markets,” stated CFO Mike Hawkins.

...from my recent post...

I texted Paul and he indicated that the filing was necessary to upgrade mCig from a "voluntary reporting company" (a status given to start-up companies during their first five years of operation) to a "fully reporting company". The upgrade requires more stringent reporting standards (e.g. 8-K's) going forward.