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BubbaInSC

08/08/15 7:20 AM

#62717 RE: Perfectson #62696

Perfectson is "right". MCIG Corp benefits from VTCQ as an investment asset IF VTCQ has POSITIVE net profits. MCIG Corp also would incur "losses" as an investment asset if VTCQ has NEGATIVE net profits.

Again, it's MCIG Corp who may benefit for not on a P&L accounting statement. MCIG shareholders are affected by an increase or decrease in MCIG share price. If MCIG has no positive net profits of their own - any sales of VTCQ shares would only benefit MCIG Corp - NOT MCIG shareholders - unless MCIG were cash rich (which they're not) and decided to offer a cash dividend to MCIG shareholders.

MCIG is not required at all to share the cash gained by selling it's VTCQ shares. They would likely "reward" the executives in increased salaries vs. giving shares for compensation, or would put the cash to use - like acquisitions for crappy companies like Security Grade....lol.