Replies to post #35380 on Bots Inc (BTZI)

[Privileged]

mCig owns 49% of VitaCig and gave a 1:1 dividend with VitaCig having the same share structure. If you hold both it should balance your value out.

[D_A_N_]

I see how you arrived with your numbers.

The one thing I see that you did not put into your numbers.

Would be the 230,000,000 shares that will be on the books of Mcig

Which will have a value of 230,000,000 x .25= $57,500,000.00

Which should help keep Mcig PPS up a little more than a normal Div. spinoff .

[lesgetrich]

The current value of the VCIG dividend has not been priced into the pps of MCIG. No one has any real idea of what VCIG sales and revenue currently are so it's hard to put any value on it. With a normal dividend, the value of the dividend is subtracted from the pps on the XDATE and the new pps shows up as the closing price from the previous day. The S-1 says that they expect this value to be no more than $.01/share. Consequently, we should see about $.01/share subtracted from the MCIG pps the day after the SEC effective statement.

There may be a selloff of MCIG after the SEC effective statement by people that have been waiting for the VCIG dividend. The amount of the selloff, if any, is anybody's guess. However, I would expect a good PR from MCIG might mitigate the hit on the pps. We won't see any pps on VCIG for at least 30 days after the effective statement when it starts trading. Any impact on MCIG will happen on the XDATE. Your scenario doesn't make sense.