Replies to post #87942 on Bots Inc (BTZI)

[lesgetrich]

Les, what do you think q4 will be? Was q3 1.8.

From their May 15 PR...

mCig, Inc. Announces (Unaudited) Fiscal Year 2017 Financial Results -- Best Year in Corporate History

HENDERSON, NV--(Marketwired - May 15, 2017) - mCig, Inc., (OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global medical cannabis industry is pleased to announce some highlights of its year-end financial results:

- Net Sales increased to $4.5 million, a 158% increase year to year comparison, and a 1,294% increase for the 4th quarter compared to same period last fiscal year
- Net income of $1.5 million compared to a $1.4 million loss from the previous year, and an increase of $2.9 million net earnings
- Cash and cash equivalents of $1.6 million compared to $0.1 million from the previous year (a 1,369% increase), and a 400% increase from last quarter. mCig generated $2.1 million in cash from operating activities
- mCig assets increased to $6.8 million, having 6 times more assets than it does liabilities

In addition to the highlights mentioned above, mCig Inc. was able to reduce its operating expenses by $730K (43%) from the previous year. In addition, mCig increased its gross profit by 20% to 36% compared to 16% from the previous year.

mCig's top three reporting segments were all profitable and have established a niche market for their respective products and services. An overview of the three segments are as follows:

Segment	 	Sales	 	Net Income 
 Construction	$2.4M	 	$212K 
 CBD	 	$1.2M	 	$888K 
 e-Cig	 	$870K	 	$143K

"We are proud to report a strong record year for mCig and its shareholders. With sales and profits soaring at exponential rates, our cash position increasing, more than $14M in backlog sales, our new and innovative solutions that are projected to have a significant impact on our future financial statements, the 616% CAGR for our shareholders, and still NO TOXIC DEBT, the MCIG story is bright," says Paul Rosenberg, the company's Chief Executive Officer. He went on to say, "We have just touched the tip of the iceberg and are thrilled with the strong momentum of our businesses."

Revenues for 3FQ17 were $1.362 million. Thru the first 9 months of FY 2017, revenues have more than doubled each quarter and they totaled $2.236 million. Consequently, 4FQ17 revenues should have totaled roughly $2.264 million ($4.5 million - $2.236 million), beating total revs for the first nine months of the year.

Moreover, they've already exceeded 4FQ17 revs in the first month of the current quarter...

MCIG's Grow Contractors Division Exceeds Entire Q4 2017 Revenues in the First Month of Fiscal Year 2018

HENDERSON, NV--(Marketwired - Jun 8, 2017) - mCig Inc., (OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global medical cannabis industry is pleased to announce that it's Grow Contractors (GC) division has exceeded fourth quarter revenues of 2017 (February 1 - April 30, 2017) in just the first month of the 2018 fiscal year (May 2017). In the fourth quarter of FY2017, GC recognized $1.1 million in revenue, and in the first month of FY2018, GC surpassed earnings with $1.3 million in gross revenue. Projects continue to line up as demand remains increasingly strong.

Now the wording would leave one to believe that they actually had more than $1.3 million in revs in May since they didn't include revenue from the other divisions (only Grow Contractors).