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Asyp

12/03/14 12:28 PM

#49564 RE: Perfectson #49563

I don't disagree with MCIG being a matter of circumstance in regard to the mjna bubble and unfortunately investors, including myself, bought into the hype, but all things considering I think we will sustain a market cap of $35-$50 mil in the short term...it doesn't seem unheard of to me especially considering some significant developments in the legalization of marijuana in early 2015...how do you value the future revenue stream of mCig +? Don't you think that has anything to do with today's value? Similar to bio-tech companies that have years and years of R&D, FDA trials and never have a $1 of revenue that have market caps in the 100's of millions of $'s...
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mjtruth

12/03/14 12:40 PM

#49568 RE: Perfectson #49563

Great post !

It's not mcigs fault but I do question the spinoff
Only pinky otc companies try to spin off everything in sight and sell shares
Other than that I feel it's overvalued for a vape company but could have potential but once it gets back to normal valuations