Construction revenue is collected each month in advance for labor, materials and profit for the following month. Revenue does not depend on project completion. mCig contracts to build the facility. It's the customers responsibility to fill it with plants...
Until this year, mCig never claimed that pursuing a Nevada MME certificate was one of their goals or part of their business plan. This is a classic straw man argument. They don't need one for Rollies. If and when the timing and business conditions are right they can always buy or partner with a cultivation facility. The fact that mCig is managing (not just staffing) a grow facility as an agent for a licensed grower proves they don't need an MME certificate to sell Rollies.
ROTFLMAO The most serious issue required them to move $435,000 from one line on the cash flow statement to another. It resulted in more cash flow from operations and less from financing activities. It was reported properly on the subsequent 10-Q a few weeks later. Hardly a huge scandal. SMHL
Preferred shares issued to Insiders, benefit insiders more than common shareholders Celebrity Brands owns CelebrityC*, it's trademark, and the website
And repeated false fabrication remain false $80 mil projection OMHE owns Celeb* insiders don't benefit at all from preferred shares
And the repeated faux debunkings are obviously false - but very entertaining to see you debunk yourself every day.
As of 9/28/17 True Facts that are true 0 MJ License/Registration 0 MJ Dispensary Accounts 0 Rollies Sold 0 Rollies Rolling Services Sold 0 Cannapods Sold 0 Emotek Extractors Sold 0 Mike Snody CO2 Extractors Sold 0 MadHatter Coffee and Tea Products Sold (they have coffee, but unproven whether it's from MadHatter C&T or not - still giving them a 0). 0 MadHatter vape pens sold with CBD and THC 0 THC Products developed by Emotek 0 THC products sold by E-MJ 0 Colorado Cultivation and Extraction Facility 0 Revenues = CAFS Where there were concessions and contingencies that results in $0 revenues. 0 Large US Wholesale Distributors actually signed after saying it was "finalizing" a deal 0 The Current Number of US Wholesale Distributors 0 The Current Number of US Brick and Mortar Retail Stores 0 domestic commercials or videos for VitaCig Products
FAIL = The Doctors TV Show, 4/2016,
FAIL = “Personal Cultivators”, 3/17/16 FAIL = Relaunch of domestic VitaCig Vitamin Vape, aka, VitaStik debacle where Paul intentionally sold VitaStik to Al Santos. FAIL = Relaunch of Vapolution, 2/3/16 FAIL = EM-J, 12/17/15 FAIL = CBD Globe Partnership, 9/28/15 FAIL = Mad Hatter Coffee & Tea Partnership, 9/23/15 FAIL = Emotek Extractor Partnership, 9/23/15 FAIL = Cannapods Partnership, 9/21/15 FAIL = JV Partnership , 9/9/15 FAIL = Buyout Partner, 9/9/15 FAIL = Bitcoin, July 2015 FAIL = Financing, July 2015 FAIL = Security Grade, 6/29/15 FAIL = MCIG Colorado Cultivation and Extraction Facility FAIL = "Conservative $7-10 Million in Revenues" FAIL = Protect VitaStik Trademark FAIL = MCIG/VitaCig Hollywood Retail Store, 12/11/14 FAIL = Rick Ross, Ambassador, 6/24/14 FAIL = Bam Margera, Ambassador, 6/16/14 FAIL – Launch National Media Campaign, 5/20/14 FAIL = Ultrasonic Vape, 4/28/14, 7/8/15, 8/7/15 FAIL = LiqCig, vaping alcohol, April 2014 FAIL = Vapolution FAIL = VitaStik Launch 1/2015 FAIL = MCIG/VitaCig Hollywood Retail Store, 12/11/14 FAIL = Vapolution Acquisition, 1/24/14
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