Bots Inc (BTZI)

[lesgetrich]

Regarding your repeated accusations...

1.) Paul Rosenberg illegally sold shares and didn't properly report the sales : False - Paul sold some of his privately owned unregistered securities in a private placement to pay off mCig debts (i.e. thus benefiting shareholders). See my mcig post #103692 for the full rebuttal...

mCig post #103692 That's an old debunked article...

All of those "missing" preferred and common shares were unregistered and sold by Paul from his personal shares during 2015 in private placements to cover mCig expenses for consultants and salaries. They were exempt from required reporting on a Form 4 as they were unregistered and sold to qualified investors. New auditors in 2016 advised him to stop this practice of paying company expenses from his personal shares and all preferred transactions have since flowed through the company's financials.

2.) mCig is a scam because the pps has gone down since 2017 and Paul Rosenberg is ripping off shareholders: False - LMAO By that measure, IBM is a scam too. Virtually all MJ stocks would be scams. There is no evidence that Paul has sold shares for his personal benefit or received excessive compensation from the company. His salary is transparent in the annual 10-K financials and in most years has been zero.

3.) Paul screwed mCig shareholders with the reverse merger of VTCQ which created Omni: False From my mCig post # 101384...

Why did Paul sell the shell to Omhe?

At the time, it seemed like a good move. Their DD showed that LX Retail was flush with cash and Malecon Pharmacy was bringing in over $2,000,000/year in revenue. Paul had fired Al Santos and Vitacig, Inc was leaderless and trading at under $.01/share. Paul had his hands full running mCig and didn't need the added headache of running a second company. He had shopped around trying to sell VitaCig but LX Retail came up with the best offer which also seemed to be a good deal for VTCQ shareholders. In fact, VTCQ shareholders could have made a huge profit in the first two years after the reverse merger with LX Retail. The share price climbed from roughly $.0065/share before the merger to a high of $.074 about six months later and it stayed above $.01/share until April 2018. You had plenty of time to take your profits and run.

Paul had never met Andrey before they started the merger discussions. Once Paul sold the shell he was less than a 10% owner of the company. He had zero control over Andrey's decisions. In fact he several times expressed frustration to me regarding the decisions Andrey was making. It's ridiculous and totally unfair to blame Paul for the condition of OMHE today. You might as well blame him for the sun coming up. It would be about as valid. SMHL

4.) Obitx is a pump and dump: False - Neither mCig nor Obitx released a PR after OBTX started trading and before it hit $17/share. There was no manipulation at all. the volatility was due to the fact that there was virtually no float. The entire OS for OBTX is just over 10 million shares. The only thing driving the price here is speculation and there is reason for people to speculate. A decent contract for a few million in revenue could quickly send this over $20/share again. I predicted this volatility 2 years ago. See my OBTX post #30

OBTX post #30