The Gigesoft team has at least two patents in the works and several trademarks. While there is no guarantee of success, they have a solid plan which you'll see unfolding in the next few weeks. If they're successful, this could be mCig's most profitable business line...
Do you have any written proof or was this simply FABRICATED?
So, why didn't they keep the golden ticket for themselves? RFLMAO
Oh, wait a sec, they did keep the golden ticket for themselves. They paid insiders $3.5 mil for CR(APP) instead of spending $3 mil on Sin City's 2 MME certificate and building back in May 2016.
You realize they would be selling actual MJ today, right?
Paul had to move quickly to acquire 420Cloud. Cloud and Big Data technology are the hottest items in computing today as more and more companies are moving into adoption. Google and other companies are investing millions in this area. The MegaUpload team could have easily found a place with a larger company.
In the meantime, Paul was getting multiple offers from cultivation facilities for partnerships and/or acquisitions. He came very close to signing a deal back in February. He held back because of uncertainty about Attorney General Sessions' intentions. Any acquisition will more likely involve stock rather than cash just like the 420Cloud deal, so arguing about where he should have spent money is ridiculous. Paul is being very careful in making sure that any acquisition will have to add more value and/or revenue than the value of stock issued or exchanged so it will end up being accretive rather than dilutive.
Doing DD on acquisition targets takes time and sometimes, the negatives you find outweigh the positives. Contracts also take time to negotiate and close, in the meantime business conditions can change. If Paul acquires or partners with a cultivation facility it will probably be mCig's biggest investment to date. I'd rather they take their time and do it right than rush into something that could drain their profits for the next several years. JMO ~Les quoting Paul by phone
That press release is all fluffy mumbo jumbo tech jargon. Typical you would be defending their insider enrichment once again.
Paul appears to be an easy target for scanners. I've only needs to look at all the failed objects. Is that 20 something yr old ceo of rollies still employed? How many shares did he get?