Again I think they will raise capital only to take the IP and run off with it - this is basically a R&D shell. Suck money in pay some consultants and salaries of friends create IP and walk away with it and not give shareholders a piece
Now that is pure hogwash. It totally ignores reality...
1.) mCig developed the VitaCig (OTC: VTCQ) and spun it off as a separate company with a stock dividend to shareholders. Vitacig was later acquired by Malecon Pharmacy and renamed Omni Health (OTC: OMHE). We all received shares in the new company which initially held significant value before becoming defunct.
2,) mCig developed a block chain programming division and spun it off to shareholders as an OBITX (now Everything Blockchain (OTC: EBZT)) stock dividend. Everything Blockchain is currently valued at $2.29/share.
3.) Bots is now spinning off its ATM patents to Bullet Blockchain (OTC: BULT) and we will receive a dividend of BULT shares on February 17.
All of these dividends had significant value when they were granted and could have been sold immediately for a profit.