Replies to post #43164 on Bots Inc (BTZI)

[lesgetrich]

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

This is just plain false. When a company issues new shares (dilution) they need to promptly file a report with the SEC. IT IS A MATTER OF PUBLIC RECORD!!!

No such reports have been filed. The TA also needs to promptly update the OS which is then automatically distributed to all brokerages. The OS has been held at roughly 270,000,000 since last fall. The TA is not "gagged". This particular TA has a policy of not responding to shareholder inquiries for any company that they represent. They must still respond when a company issues new shares by updating all of the brokerages with the new share structure.

There has been no dilution of MCIG stock and your assertion that there has been has no basis in fact.

[hobowilly]

I think you are totally wrong here.
Companies cannot simply issue more stock at will.
Can you imagine the circus the market would be if that were true?

I believe all intentions to issue stock must first be filed with the SEC for approval.

I check mCig's filings regularly and have never seen such a filing.