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lesgetrich

03/21/20 9:45 AM

#104164 RE: thetinman #104161

People aren't accounting yet for the fact that mCig owns 49% of OBTX. The market cap of OBTX as of close on Friday was $81.27 million (the high of the day was twice that amount). That makes mCig's investment worth roughly $39.8 million. At close on Friday, mCig's market cap was $15.98 million. This makes mCig currently undervalued by about a factor of 3. Based on the value of OBTX, mCig should be trading around $.09/share.

We'll see how OBTX holds up after mCig reveals it's business plan, but in the meantime, there should be some upward pressure on mCig's pps.