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Re: Steve200747909 post# 53

Monday, 03/23/2020 8:36:23 AM

Monday, March 23, 2020 8:36:23 AM

Post# of 645
On March 27, 2019 people were retroactively granted a dividend of 1 share of OBTX for every 1,000 shares of mCig they owned on December 11, 2018...

MCIG Obtains FINRA Approval for OBITX Dividend and Spinoff Press Release | 03/29/2019

JACKSONVILLE, FL, March 27, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE — mCig, Inc. (MCIG), a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, is pleased to announce that the company has received approval from the Financial Industry Regulatory Authority ("FINRA") for the Obitx, Inc. dividend, and spinoff to MCIG’s shareholders.

The Record Date for the dividend has been set for December 11, 2018 (12/11/2018). This is the official date when a shareholder must had been recorded as a shareholder of MCIG to be eligible for the dividend. The Payment Date for the dividend has been set for April 1, 2019.

OBITX has initiated the 15c211 process for the listing and trading of its shares and will update its shareholders once listing approval and a trading symbol has been obtained by FINRA.



The dividend shares were distributed to qualified shareholders without a trading symbol shortly after this PR.

From the S-1 Registration Statement...

S-1 Registration Statement

MCIG, Inc., a Nevada corporation (“MCIG”), is distributing to its shareholders 402,811 shares of Common Stock of OBITX, Inc. (the “Company” or “OBITX”), owned by MCIG, a shareholder of OBITX. The shareholders of MCIG will receive one (1) share of OBITX common stock for every one thousand (1,000) shares of MCIG common stock that they hold as of the record date. The record date shall be defined as the first business day following an effective statement from the SEC in regard to this Form S-1 filing.



...The effective statement was issued by the SEC on December 10, 2018...

SEC Effective Statement

Effective Date: December 10, 2018 4:1 P.M.
Form: S-1
CIK: 0001730869
Company Name: OBITX, Inc.
File Number: 333-222978




Les