InvestorsHub Logo
icon url

BubbaInSC

01/19/16 9:03 PM

#8055 RE: lesgetrich #8048

Les, That's a quote from you, not from an official PR from VTCQ or MCIG that was released thru a reputable source like marketwired.


...any prior contract with Korea was rendered null and void when Korean customs refused entry of Vitastiks into the country because they couldn't be classified as e-cigarettes due to a lack of any nicotine. Since then, Korea has been ordering components directly from the Chinese manufacturer and assembling the product in Korea. The new US asian trade agreement may have resolved this issue. In any event, this complicates the negotiations. There are also questions about whether Korea and other asian nations allow sale of CBD products. Once these issues are resolved there will be a new contract with the Korean partner.




http://money.cnn.com/news/newsfeeds/articles/marketwire/1238674.htm

We are also pleased to announce, the signing of an extensive Distribution Agreement with Vitastik EU, to distribute VitaCig and mCig, Inc. (OTCQB: MCIG), whole host of ultra-pure, quality, CBD products (vitacbd.com), to their established customer and follower base, via e-commerce



Interesting. It says CBD Products. VitaStik specifically was not mentioned in either the new VitaCig EU contract or the VitaCig Korea contract. The vitastik is not a CBD product.

Therefore, VTCQ USA is going to get exactly what they did before from all of those VitaStik sales from EU and Korea - Nothing - if those 30k units are indeed vitastik units.

Again, it's all good. The vitastik is VTCQ USA's "loss leader product".

All we need are international sales for anything other than VitaStiks. I don't care about that product anymore, cuz it's a bad product and VTCQ USA won't see one red penny from international sales of VitaStiks until the old contract expires.

Until then, VTCQ USA needs to get VitaCig EU and VitaCig Korea to actually sell the CBD based products that VTCQ USA has to offer.

And, as I've said before - VTCQ needs to get their nicotine based products to market - and create a smoking cessation program to cross sell VitaStiks domestically.

Finally, MCIG and VTCQ need to get THC based juices and get involved with actual medicinal marijuana.

MCIG/VTCQ has now released thru PRs that Mad Hatter Coffee and Teas, Emotek, AND now Blanks, Inc - will be developing THC based juices/products. REALLY. Which one? My guess is none - because clearly they can't figure out who they want to really develop the THC based products.