LMAO - "Expecting" is a looking forward statement.
Everyone knows that doesn't mean much, especially since MCIG has played that hand numerous times before; like their "conservative $7-10 Million". You do remember that, don't you?
Again, 1% was an example - AND; is more in line with what a holding company like MCIG/VTCQ would get as a commission from a different business entity (VitaCig EU); who is actually responsible for all of the operating and production costs - not VTCQ USA. Why would VitaCIG EU agree to a whopping 25% commission to VTCQ USA - when VTCQ USA is not accountable for EU's operating costs - and does none of the work to sell the product?
Get real......lol
plus, 1% is better than getting 0%!!!! LOL
Lastly, VitaStik product is probably running under the old contract; since it wasn't mentioned in the last PR :)
VTCQ USA likely doesn't get a single penny from VitaStik sales internationally.
Oh, it's a 3 year contract w/ a 4th year option
January 1st 2016 - December 21st 2019. Thereafter, the agreement shall be renewed for an additional one-year-term, upon consent of both parties.