InvestorsHub Logo
icon url

mjtruth

12/03/14 1:25 PM

#49575 RE: Retodd Esq #49572

How is mcig overvalued ?
Just my most humble of humble of opinions but because vcig is worthless and mcig sells vaporizers not medical marijuana so anything above a 20 million market cap seems outrageous to me. Even 10-20 million market cap is pushing it
icon url

Asyp

12/03/14 2:01 PM

#49577 RE: Retodd Esq #49572

excellent post! all these nay sayers are trying to take GAAP based financials, apply a PE and say this company is overvalued right now...I don't believe it is given all those "intangibles" you mentioned in your post, but at some point those points need to translate into $$$'s...hopefully for our sake, sooner rather than later