Bots' (formerly mCig's) cannabis business plan basically fell apart in 2019. Their revenue was drying up and Paul tried a last ditch effort by forming an alliance with Bare Roots Inc. to market some new CBD products via an insurance type product. Apparently, that wasn't moving fast enough or producing any significant revenue. Competition was starting to cannibalize the MJ industry. Consequently, early last spring he decided to try something completely different.
Unfortunately, starting fresh in a new industry probably meant they weren't getting much, if any, revenue. My hunch is that they've had almost no revenue for the past ten months so Paul isn't in any hurry to release the financials, at least until they can show some money coming in and/or prospects for growth. Any damage from late filings has already been done so there's little harm in delaying them further. I think the patent will turn things around shortly and we'll be seeing financials in the next six months. JMO
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