MCIG up 18% on some very healthy volume, 516K mCi
Post# of 5326
mCig Announces CEO Interview by Noted Investment Analyst Alan Brochstein
BELLEVUE, WA, Oct 08, 2013 (Marketwired via COMTEX) -- mCig, Inc. (OTCBB: MCIG ) is pleased to announce that CEO Paul Rosenberg has been recently interviewed by noted investment analyst Alan J. Brochstein CFA. The interview is the first given by Mr. Rosenberg since taking control of mCig, Inc. and can be found by visiting the following link:
http://seekingalpha.com/article/1734332-capit...eo-of-mcig
mCig, Inc. would like to remind readers of the interview that statements made by Mr. Rosenberg may contain forward looking statements.
About mCig, Inc. mCig, Inc. (OTCBB: MCIG) is a technology company focused on two long-term secular trends sweeping the globe: (1) The decriminalization and legalization of marijuana for medicinal or recreational purposes (2) The adoption of electronic vaporizing cigarettes (commonly known as "eCigs") by the world's 1.2 Billion smokers. The company is preparing to launch the mCig -- a purpose built loose leaf eCig retailing at only $10. Designed in the USA -- the mCig provides a superior smoking experience by heating plant material, waxes, and oils delivering a smoother inhalation experience. See more at: http://www.mcig.org/
The company believes that a well regulated marijuana industry is emerging as more states follow the lead of Washington and Colorado in legalizing marijuana. A similar trend is developing within the eCig industry following the first acquisition of an electronic cigarette brand (Blucigs) by a traditional tobacco company Lorillard Inc. for $135 million. Wells Fargo analyst Bonnie Herzog estimates that eCig sales may rise from $1 Billion in 2013 to $10 billion over the next three years.
mCig, Inc. (OTCBB: MCIG) has positioned itself as a first mover at the intersection of these two trends and hopes to create shareholder value by making the mCig one of the leading choices for electronic consumption of plant material. See more at: http://www.mcig.org/investors/investor-opportunity-subpage/
Safe Harbor Statement Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company's products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies.
CONTACT PERSON:
Paul Rosenberg
CEO
Email Contact
(425)-462-4219
SOURCE: mCig, Inc.
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