Replies to post #88365 on Bots Inc (BTZI)

[lesgetrich]

10-K will be out by Aug 25 according to new PR...

420JobSearch.com and ZipRecruiter.com Announce Partnership, Broadening Jobs Offered


HENDERSON, NV--(Marketwired - Aug 16, 2017) - mCig, Inc. (OTCQB: MCIG), a diversified company servicing the legal cannabis and vape markets with innovative products, technologies, and services is pleased to announce a partnership between its Job Search Portal (420JobSearch.com) and ZipRecruiter.com. 420jobsearch.com recently entered into an agreement with ziprecruiter.com to enable both companies to broaden the scope of jobs available to job seekers.

mCig's 420JobSearch is considered one of the largest job and recruitment sites in the cannabis industry, with leading job boards for employers, job seekers and recruiters. The website has been featured recently on various media outlets, including ABC 23 News, reported by Nazy Javid @nazyjavidnews. Video:

 
420JobSearch is available through its website and bi-weekly campaigns broadcasted over Marketaro, keeping over 250K subscribers updated and over 1 million monthly impressions. Featured jobs on the site are advertised over the entire enterprise of mCig sites and offered through the
420Cloud mobile application available on both the Apple iTunes store and Google Play store. "By this approach we are able to get great jobs accessible to a broader viewership, something that no other provider nor recruitment site industry wide offers," says Alex Mardikian, CMO of mCig.

As the cannabis industry continues to grow and spread like a weed, it currently employs an estimated 100,000 to 150,000 full and part time workers, an amount equivalent to the number of flight attendants, web developers and librarians who work in the United States. With such jump in employment in the marijuana sector, many positions not previously seen are beginning to develop in the job market and are appearing on the 420JobSearch website. Some jobs include executive positions, marketing, design, retail sales, real estate, and all areas of cultivation.

"The cannabis market is the fastest growing industry in the country today. We are just in the beginning stages of seeing jobs develop for the marijuana industry. It is an exciting time and we will undoubtedly see a significant growth in jobs from this booming industry," says Paul Rosenberg, CEO of mCig Inc.

With the legalization of cannabis in the United States, there has been a significant rise in cannabis businesses, with 18,000 new jobs created in Colorado alone within the last year, with salaries ranging from $50,000 to $90,000. Those are high paying numbers, considering you don't necessarily need a college degree to land such a job.

In addition to this news, mCig Inc. is in the final stages of negotiations to acquire medical marijuana licenses in the states of Nevada and California. The company understands the importance of such an acquisition for the company's future and is expecting to announce a deal soon.

mCig Inc. has also finished the 10K Audit of its financials and will file with Securities and Exchange Commission (SEC) by the 25th of Augus t.

About MCIG Group (OTCQB: MCIG)

Headquartered in Henderson, Nevada, with offices in 6 continents, mCig, Inc. (OTCQB: MCIG) a diversified holdings company servicing the legal Cannabis, Hemp, and CBD markets, is committed to being the leading distributor of technology, products, and services to fit the needs of a rapidly expanding industry. mCig, Inc. has transitioned from a vaporizer manufacturer to an industry leading, large scale, full service cannabis cultivation construction company with its Grow Contractors division currently operating in the rapidly expanding the Nevada market.
Beyond this endeavor, mCig has recently entered the techspace to satisfy its evolving role in technology and increased growth. Its technology division employs a world renowned tech team specializing in core product development areas ranging from enterprise infrastructure to low-level system applications, delivering cutting-edge solutions that leverage years of experience into robust end products with high availability and scalability. 

The company looks forward to growing its core competencies to service the ancillary legal Cannabis, Hemp and CBD markets, with broader expansion to take place once federal laws change. With over seventy five years of experience combined between the key players that make up the Cannabis Grow Contractors Division, mCig Inc. is proud to work with Cannabis Industry leaders and provide broad and rounded solutions for legal growers nationwide.

For more information visit our websites:
www.mciggroup.com
www.marketaro.com
www.growcontractors.com
www.tueroprocessing.com
www.cannabizsupply.com
www.420jobsearch.com
www.vitaciggroup.com
www.weedistry.com
www.420cloud.com
www.vitacbd.com
www.cbd.biz

Safe Harbour

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company's products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies.

This release contains a non-GAAP disclosure, EBIDTA, which consists of net income plus interest expense, net, provision for income taxes and depreciation and amortization. This term, as the Company defines it, may not be comparable to a similarly titled measure used by other companies and is not a measure of performance presented in accordance with GAAP. The Company uses EBIDTA as a measure of operating performance. EBIDTA should not be considered as a substitute for net income.

Contact:
Paul Rosenberg
CEO
[e-mail]




Source: Marketwired (Aug 16, 2017 08:00:07 EDT)

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[bigballer_sa4]

I'm many years long. Everything about this company has improved. I'm more frustrated with the multi billion dollar companies then this 90mill one. As always companies like these are wait and sees.

[HeedTheChief]

Everyone thinks accounting, auditing in preparation for filing 10-Q is easy, or, something is wrong because a company needs a filing extension.

Reality is, it is complicated, and everything is just fine.
Actually, everything has never been better.

The complications arise because of MCIG's operational and ownership diversity.

Rather than have their hands in one basket, MCIG runs and has ownership in at least a half dozen companies.
Which as I said, sometimes makes working with auditors and accounting very difficult.

Any selling here is unwarranted, and in my opinion, will be regretted.

MCIG has till the end of the month to file with the SEC, and it will be filed before then.

[lesgetrich]

if they don't get this 10k out before open, they lose a ton of credibility. They need to start reporting like a company worthy of a 90m market cap.

Companies have limited control over independent auditors. This annual 10-K includes the acquisition of the VTCQ shell by Omni which adds a level of complexity. Shareholders must also bear in mind that mCig's management and employees are geographically spread across the US with global partners around the world. There have also been a number of management changes as well as numerous contracts, new partnerships (e.g. Stony Hill) and acquisitions such as Grow Contractors and CHO which also require auditing. Gathering all the necessary documentation from all of these sources can be a challenge.