THIS TELLS ME THAT YOU ARE LOOKING OUT FOR THE MCIG SHAREHOLDERS AND I REMAIN LONG ON MCIG!!!
EXCERPT FROM LINED PR BELOW:
JACKSONVILLE, FL / ACCESSWIRE / July 16, 2019 / mCig, Inc. (MCIG) a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, announced today that its Chairman and CEO, Paul Rosenberg, is canceling 30 million shares of his own common stock and return the shares to the company treasury. This change in share structure will be effective immediately.
"I am deeply committed to the vision of our company and our plan of action to increase shareholder value. By personally cancelling 30 million shares that I own, I want to reassure the investment community and convey my enthusiasm for where we are headed and the opportunities we see on the horizon. The return of these shares demonstrates management's desire to maintain a capital structure that supports growth without resorting to the increasing of our authorized shares. I expect to enact similar cancellations in the future”, said Paul Rosenberg.
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