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zerosum

01/23/17 5:28 PM

#82214 RE: paladin551 #82212

Before or after the bell means nothing at all. They prob couldn't get it out before the bell today. when PR's are released means little to nothing, except when it is released after the bell on a Friday. Then they are usually trying to avoid eyes.

CashBowski

01/23/17 6:20 PM

#82219 RE: paladin551 #82212

It's 5 million shares out of 350 million -- seriously a ridiculous notion by MCIG that's why it was issued after hours. They know it -- but it's also a sign that they may not have much more to run on.

lesgetrich

01/23/17 7:48 PM

#82227 RE: paladin551 #82212

If they complete the second part of that PR it could be a huge bump for investors...

In a separate matter, MCIG received a proposal from several shareholders to create a new series of Preferred B Stock to convert their common shares with a 24 month lock-up agreement. MCIG is happy to see that multiple shareholders believe in the MCIG management team and its implemented business strategies, and are prepared to invest in MCIG on a long term basis. MCIG's board of directors is analyzing the proposal, and if the board of directors concurs with shareholder group, the capital structure of the company will be substantially improved. The Company will update our shareholders on the board of directors' decision and the outcome of the transaction.



We could be looking at a very significant reduction in OS, perhaps up to 25%.

MD-420

01/24/17 9:34 AM

#82255 RE: paladin551 #82212

I like the classic typo. This time it is in the headline...lmao.

So, the wolf pack took their principal and then some, when it hit .50 and are now negotiating fur series b preferred shares they are sitting in from the promos and recent pump and dump? How nice is that?