Replies to post #91324 on Bots Inc (BTZI)

[lesgetrich]

You've been defending mcig for years with little to show for it.

 
 MCIG pps 1/4/2016    Closing pps 12/30/2016      2016 pps growth 
  
    $.044                    $.1905                    333% 
  
  
 MCIG pps 1/3/2016    Closing pps yesterday      2017 YTD pps growth 
  
    $/.192                   $.225                     17% 
 

I'd say most long term investors would be happy with that kind of growth. The year's not over yet and the company appears poised to make another giant leap in 2018.

This first bit of reporting may be skewed as they may have booked specific services that are high margin, but perhaps what is remaining in the contract you state exists may not be as good.

Perhaps, but mCig is offering very high value software services (cloud, blockchain, cryptocurrency) that have a limited supply of qualified professionals and a very high demand, not just in the MJ sector but across the board. This will allow them to charge top dollar for several years to come. I do agree they should communicate more but no company likes to disclose their customer lists both for their own competitive reasons and confidentiality clauses on the part of the customer (customers don't want to disclose what they're working on to their competitors).

You got to admit, mcig really lucked out getting this revenue booked in q2. Had it been booked in q3, this would be a blood bath.

Part luck but you have to give Paul a lot of credit for the skill with which he navigated the problem. I've been saying for months that technology revenue would eventually surpass construction revenue and I know Paul was looking at the huge tech margins when he decided to restructure construction. I didn't expect it to happen this soon.