Replies to post #76422 on Bots Inc (BTZI)

[pitadog]

Yep, and the way I read it, this will be $50K per month (or less) tranches that are purchased each month, so there will be considerable time before a big bundle of money will flow into the company.

Also, keeping the tranches less than 5% of the O/S keeps the funder from monthly statements to the SEC. I saw another mj stock do this and as soon as each tranche was bought, they sold the shares and repeated each and every month. It worked so well, they continued doing this toxic funding where the O/S kept going up so much the company did several A/S raises...from 1B at the start to 20B within a couple of years.

Slimmy deal and bad for shareholders.

Source: Rapid Fire Marketing Co.

[New-Old-School]

Wow. mCig has never completed phase 1 of any project. If it ever happens we would have to call it "progress", even if at a snail's pace. Progress is a word that has had little use on this board for a long time...