Replies to post #49492 on Bots Inc (BTZI)

[Asyp]

That's not right...the investment doesn't change on mcigs balance sheet with price fluctuations..it'll be recorded at cost or net book value of assets spun off and increased/decreased for earnings/losses adjusted quarterly

[lesgetrich]

The value MCIG holds right now is about half of $.0001/share on 230,000,000 shares it still owns. According to FINRA, $.0001/share was the adjustment to the closing price of MCIG on Nov 24, the ex-dividend date. That was the value that MCIG distributed for 500,000,000 shares of VitaCig. It can not go down from $.0001/share since this is as low as most brokerages allow you to trade a share of stock. The pps when trading starts will be whatever the bid and ask are and will be up to supply and demand and the market.

One should keep in mind that the float will be low when trading starts since most of us won't be able to trade our shares for several days while our brokers credit our account. Consequently, there could be a lot of volatility and a short spike up from wherever it starts before it settles back to a sustainable trading range over several days.