I'm already down 50k waiting for my "free" shares.
This company has some great ideas and innovation but their execution and marketing skills are at a very amateurish level. I don't know if it is because they are incompetent or they are so GD cheap and arrogant that they believe they can handle everything "in-house."
Borrowing for the sake of further investment into getting this company off the ground is sometimes a wise decision. Not to be confused with toxic debt.
If you want a good education you take out a student loan you don't wait and save until you can afford the entire 4, 6, or 8 year tuition costs.
They operate like the 3 Stooges instead of the 3 Wise Men
Paul continues to fund company initiatives by issuing out of his own shares, which minimizes dilution and avoids toxic debt.
I have NEVER seen a otc company operate like that.
If you hold your mCig shares in a brokerage account, your VitaCig shares of common stock will be credited to that account and will be freely tradable upon listing. If you hold your mCig shares in certificated form, a certificate representing shares of your VitaCig common stock will be mailed to you by the distribution agent. The mailing process is expected to take about thirty days. No shareholder of mCig will be required to make any payment or exchange any shares in order to receive our common shares in the distribution. mCig will bear all of the costs of the distribution, and VitaCig is bearing the costs of this Registration Statement.
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