Bots Inc (BTZI)

[lesgetrich]

When mCig ran to $.92/share in 2014 it was the height of the MJ bubble. A slew of MJ companies ran way beyond any reasonable valuation (e.g. PHOT, TRTC, etc.). That wasn't the fault of mCig Management but greedy investors.

VitaCig on the other hand seemed really promising. It was a unique product at the time and received rave reviews from people who tried it, myself included. It's still sold in a number of countries. Unfortunately, since it was non-addictive unlike tobacco products, the novelty wore off and repeat sales couldn't hold.

Any penny OTC stock carries more risk than a stock on a major exchange and will probably experience extreme volatility. Consequently, there is extreme risk but it also carries the promise of potential extreme rewards. While the OTC Market does have a high number of scam operators, not every ticker that rides excitement to a new high before it settles back to a more realistic valuation is a scam, despite what some folks would have you believe. That said, realistic valuations do require eventual confirmation from financials. Hopefully, we'll see that sometime this year from Bots.