Replies to post #64773 on Bots Inc (BTZI)

[lesgetrich]

You've got to be kidding. Mcig just announced...

-- that they've already made about as much revenue as last quarter with 40 days to go in FQ2.

-- A new MDA with Mad Hatter Coffee and Tea Company to develop CBD infused teas and a new CBD and THC vape pen.

-- A new MDA with Blanks, Inc. for cigarette papers and rollers which retail for $10.50 to $232.00

-- An MDA with VitaCig that confirms that mCig will continue to market VitaCigs no matter who their JV partner is.

-- that they are developing their own line of branded CBD products

and CannaPods and Construction are looking like they'll meet or surpass mCigs $7 to $10 million revenue target...

1.) The company is in the engineering phase (phase 1 of 2) for a 10,000 square foot facility in Maryland, with an estimated construction cost of $513,000.00 per phase.

2.) MCIG's grow division is the sole bidder on a 41,000 square foot facility in Nevada with a total estimated construction cost of $2,500,000.00.

3.) The grow division was just given the "go ahead" to start engineering on a 10,000 square foot cultivation site in Southern California, including a warehouse conversion with 24 interior pods on Native American land.

4.) MCIG is gaining traction with our recently announced MCIG CannaPods 2.0 turn-key pods. The company is drafting an initial order for 3 pods, with 37 more to follow for a total of 40 pods.

Let's see, hmmmm that comes to...

1.) $1,026,000 for 2 phases of construction
2.) $2,500,000 as sole bidder
3.) $1,176,000 + for 24 pods at $49,000/ea (not including installation, construction, engineering and options)
4.) $1,960,000 + for 40 pods at $49,000/ea (not including installation and options)

Conservative total = $6,662,000

... and that doesn't even include product sales :-) :-) :-)

MCIG Mid-Quarter Update