Replies to post #95734 on Bots Inc (BTZI)

[hobowilly]

Never know when/if the Prez will push for 100% legalization across the country.

Not that he really cares one way or another but it would be a political move to try and break thru to the Progressives and potentially help Reps. in November. Plus it would really, really piss off Yoda (Sessions)

[lesgetrich]

investors are forward looking when they see a company post their first profitable Q. Especially in the MJ sector which is only going to grow.

FYI. mCig had it's first profitable quarter in 2016 and booked over $1,527,000 in net earnings in FY2017 (thru 4/30/17). 3FQ18 was their first unprofitable quarter since then as they invested in NYAcres and several other new initiatives and restructured their construction division. They currently have a PE ratio of 126.5. Their revenue thru three quarters of FY2018 of $5,982,000 has already exceeded FY17 revenue and still shows a net income of 369,000 thru 1/31/18 despite the loss of $454,000 last quarter.

The new business plan which they put in place last fall ensures that they will have another record year in FY2019 (thru 4/30/19) as NYAcres alone could generate enough to exceed FY18 numbers. Whether or not it all shows up by 4/30/19, mCig is on track to generate $22 to $30 million in revs and a roughly 20% to 30% profit margin within the next 12 to 18 months. The following link outlines the different revenue sources...

mCig post # 93388