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Retodd Esq

12/03/14 1:06 PM

#49572 RE: mjtruth #49568

but how exactly are you calculating value? True valuation for a company like MCIG is as subjective as a domain name. You can't simply look at current revenue streams + net assets; there's too many variables at play for anyone here to have a meaningful opinion on what the value of MCIG is. For starters, you don't know the full extent of the connections involved with their choices of brand ambassadors and now the celebrity CEO of Vcig, etc. There is value, a lot actually, in setting up a network of celebrities who are representatives of your company. We're talking millions of dollars right there; and not just what they had to pay, because you need to work that network before you can even have that chance to pay celebrities to endorse your product.

Then you have their whole set up; manufacturing plant, product, distribution deals in South Africa, Korea, Mexico, Spain, you know there's significant value in all of that. Importing; Shipping system; Online ordering...that's all been put together and running; that is worth more than the sum of it's parts.

Then you have all existing product; and products we don't even know about, so it's pretty hard to put a value on things we don't even know exist. We know based on their history that there are likely many products they are working on that we don't know about. But even eithout those, current existing products, not just the value of inventory, but the portfolio of actuallly already designed product with an ongoing manufacturing system; plug n play style...that has a lot more value than the sum of it's parts.

Then there's the trademarks of Mcig and Vitacig and now brand building and recognition, which they have set the foundation for better than any other vape company. There may be some that started much earlier and have more of a presence among the OG vaporists, but as vaporizors become more mainstream those vaporizers that are currently popular in the vape shops, etc. will be still popular on the underground maybe but they wont be able to meet the expontential growing demand, MCIG can meet that demand and they're setting a foundation for their brand to be there waiting for vaporizers/ecigs become the norm.

Then you have to take into consideration that MCIG owns lets say 49 of VCIG; now if VCIG shares settle in the .15 range, that means MCIG has $40 million dollars worth of VCIG shares; so add $40 million on top of all the above.

So, how is MCIG overvalued?

Let's not forget; there's probably quit a bit of value to be added to account for a financially healthy, debt-free, dilution-free company as well.

MCIG is way undervalued right now, it's insane.
If you think my valuation methodology is off base, just look at some of Facebook's aquisitions, Whats App...would you have valued them at whatever it was they were bought out for $7 billion. If you added up their revenues, and their tangible assetrs, you wouldn't come close to a $1million let alone $7 billion.