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09/18/14 1:06 PM

#43163 RE: lesgetrich #43161

And on top of that, any shares freely tradeable are easily absorbed into the daily and weekly volume, it's really a joke for anyone to say dilution is causing the drop, like I said it's more than likely many things combined like S-1 delayed, large sell blocks which are immediately followed by the sheep. To sum it all up though from what I see it's pure emotion.

Look at the entire sector, all weed stocks, all vape stocks to even try and single out mCig is a joke. Summer market is dry as is, than the entire sector came crashing down everything just clicked, the company itself has little to do with the drop. Look at VPOR for example, from 0.45 to 0.02 for what? their debt? Just more and more speculation, more emotions running wild.

From November to now mCig has made huge improvements.

I didn't see anyone QQing and crying when the PPS was skyrocketing, now all of a sudden PPS drops and the company is horrible? Get a grip on reality guys, boohoo on losing $$, it's the stock market.
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stringofpearls

09/18/14 1:12 PM

#43164 RE: lesgetrich #43161

the TA or the CEO are-the-only-credible-sources-for-share-structure



DONT BE AFRAID of the dilution conversation, all GOOD start-up stocks dilute to pay expenses, to FIGHT the POSSIBILITY that dilution is occurring is not acknowledging where this ticker resides-----THE PENNYS


AT ANY TIME…….the BOD or majority vote holders ( CEO is all that is needed to fulfill a majority) can ISSUE more shares……WITHOUT telling the shareholders

so I don't ascertain that dilution is the SOLE reason for the PPS drop, it is a LIKELY reason, combined with zero CEO guidance on the VCIG status and MCIG progress

if you possess TA or CEO reported facts on dilution, please share them…

…in a PENNY, WITH REVENUES…... when the PPS had dropped 50%a dilution guess in a GAGGED ticker………….. is a very good guess

AND in MCUGS case, per the CEO "promise" to "hold/lock-up my portion of the O/S) I can pragmatically state that dilution is the BeST reason for the PPS drop…………..especially since we have seen it done in the past 6 months……..as reported by the CEO

BTW the CEO "lock-up" statement has a CAVEAT attached to it…….the USUAL one……."if, at any time the CEO wishes to CHANGe his mind…..blah blah blah..he can"……….and its documented
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yestommj

09/18/14 1:41 PM

#43170 RE: lesgetrich #43161

Your Right, dilution isn't the issue. There is hardly any trading of MCIG to be dilution. With an avg. around 700,000 to 1.5 million shares traded daily on a float of 125 million shares. That doesn't scream dilution. There just needs to be more interest on the purchase side. Hopefully the 10Q will show some solid results!
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MonestHind

09/18/14 1:43 PM

#43173 RE: lesgetrich #43161

Instead of diluting, they're just spinning out VitaCig.