Replies to post #89303 on Bots Inc (BTZI)

[GVInvestments]

Time to load up now as Jan to may next year could take us to Dollar land.

[Rat Fink]

MCIG MAKING GREAT PROGRESS_PER_LATEST_FINANCIALS!!!_http://www.marketwired.com/press-release/mcig-inc-releases-annual-audit-report-for-fiscal-year-2017-ending-april-30-2017-otcqb-mcig-2231592.htm

EXCERPT FROM 8-28-17 ANNUAL REPORT PR BELOW:

August 28, 2017 08:00 ET

mCig, Inc., Releases Annual Audit Report for Fiscal Year 2017, Ending April 30, 2017

Reports net earnings of $1.5 million

Record year with 277% revenue increase over Fiscal Year 2016

LAS VEGAS, NV--(Marketwired - Aug 28, 2017) - mCig Inc., (OTCQB: MCIG), announced today that it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended April 30, 2017. The report is available on MCIG's website at www.mciggroup.com.
MCIG recorded a record-breaking year. MCIG saw tremendous growth in its revenue, net earnings, cash position, and balance sheet. Highlights of the Annual Report include:

– Our revenue from continuing operations for FY2017 was $4,777,072 compared to $1,723,421 from the previous year, an increase of $3,053,651 or approximately 277%

– Our gross profit for FY2017 was $1,896,029 compared to $290,773 from the previous year

– Our operating expenses decreased by $732,688 to $967,040 for FY2017, from $1,699,728 for the previous year

– Our net operating income increased by $2,337,944 to $929,989 for FY2017 from a net loss of $1,408,955 for the previous year.

– MCIG recorded a $1,527,352 net profit, $1,539,233 EBITDA, and a $32,685 adjusted net income.

MCIG completed 7 acquisitions throughout the year and sold one asset.
"This has been a record year for mCig and its shareholders. MCIG has seen tremendous improvements in revenue, gross profits, net profits, cash position, CAGR, and shareholder value. MCIG has done this with no toxic debt. With our new and innovative solutions that are projected to have a significant impact on our future financial statements rolling out shortly, the MCIG story will continue to be exciting," says Paul Rosenberg, the company's Chief Executive Officer. He went on to say, "We expect to continue to see organic and acquisition revenues to grow, strengthening the MCIG name in the cannabis industry. I encourage all our shareholders to download our Annual Report to review where we came from and see where we are headed."

[Rat Fink]

VIVA LAS VEGAS!!! "MCIG" TO MANAGE_&_STAFF_INDOOR_GROW_FACILITY_IN_LAS_VEGAS!!!

EXCERPT FROM PR AS FOLLOWS:

MCIG to Manage and Staff Indoor Grow Facility in Las Vegas Through its Subsidiary, Grow Contractors

HENDERSON, NV--(Marketwired - Jun 20, 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 Grow Contractors (GC) has signed a management contract to staff and manage a 15,000 square foot indoor cultivation facility in Las Vegas, Nevada for R.H. Medical.

MCIG will be providing R.H Medical operational support to the facility, in tandem with Las Vegas and the State of Nevada beginning the rollout of recreational cannabis, voted on and passed on November 8, 2016. GC has brought on an experienced cultivator with a track record of growing high quality THC & CBD products, and with an expert understanding of growing indoors in desert climates.

"As R.H Medical ramps up operations for harvest, GC has the option to manage the entire facility and operation (including sales and delivery) for 6% of gross revenue in addition to its current management fees. MCIG (via Grow Contractors) will be adding such types of revenue streams and arrangements in Nevada, as many cultivators are scrambling for operational support in ramping up for the recreational market," said CEO Paul Rosenberg.

He added, "MCIG's management has a clear strategy on how to increase value for its shareholders. In addition to working on construction projects, we are now offering staffing and management services for grow facilities in an effort to tap into opportunities that we feel MCIG has first-mover advantage in. Our goal is to acquire a medical marijuana cultivation & production license in Nevada and eventually start our own grow operation -- this is still the forefront of our Nevada strategy, and we are very close to achieving this milestone," said Paul Rosenberg, CEO of MCIG, Inc.

"As we have witnessed in Colorado, Nevada, and various recreational marijuana states, cultivation operations are generating several millions of dollars per year and need operational support in order to scale for growth & expansion, positioning GC as a necessity to the industry. I have been building and managing grow facilities for 10 years and have never seen a market as explosive as the one in Las Vegas. Grow Contractors is becoming the most sought after company for grow facilities, design, construction, consulting and management in the cannabis space. While based in Nevada, GC continues to penetrate the market further by establishing its presence in the latest recreational States," says Rob Kressa, CEO of Grow Contractors.

"Grow Contractors has proven themselves not only in being skilled with all aspects of growing and MIP production, they have also been consistently reliable and honest, qualities that will help make this a success," says owner of R.H. Medical. "I look forward to a long and profitable relationship with them, and I am eager to begin branding and promoting our products in what will likely be the hottest cannabis market in America."