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Replies to post #98077 on Bots Inc (BTZI)
lesgetrich
10/01/18 11:00 AM
#98079 RE: thetinman #98077
Once construction begins, operations will start immediately by utilizing portable buildings during construction of the permanent facility.
This will allow us to bring to market our developing cannabis products, like marijuana cigarettes under the Rollies brand. MCIG’s CEO, Paul Rosenberg stated, “I take serious the promises we as a company have made in the past. It has taken us much longer than we anticipated to bring some products, like our Rollies Brand, to the market, but we are now a much stronger company, with a strong team of individuals that have the same vision and same goals.”
MCIG management was recently very active in the European market, where it struck a deal with an equipment manufacturing company. MCIG will introduce a line of cannabis extraction equipment, including filling machines, drying equipment, ethanol extraction filters and distillers capable of high throughput. With the recent boom in the number of cannabis manufacturing licensees, spending on equipment has recently begun to soar. By pricing its new equipment competitively and marketing its higher production volume, MCIG plans to capture a significant portion of the cannabis equipment market. In addition, MCIG will also use its new equipment for processing cannabis at CALAcres and hemp at NYAcres.
The Company recently filed Form 8a-12G with the United States Securities and Exchange Commission effectively changing the status of the company from a voluntary reporting company to a fully reporting company. “This action is fundamental to our commitment of full transparency for our investors. By subjecting the company to a self-imposed requirement to fully report under SEC guidelines, we ensure confidence with our shareholders and investors and bring the Company greater visibility and credibility before global financial markets,” stated CFO Mike Hawkins.