tommyh8484's great post from this morning: Key
Post# of 2155
Posted On: 05/08/2015 9:33:49 AM
Re: MattySimone #1966
tommyh8484's great post from this morning:
Key points about MCIG right now:
1) Revenues can conservatively be projected to be in the 7-10M range for this fiscal year
2) Completion of the best quarter in company history which ended April 30, 2015
3) mCig added a highly recruited global sales manager on the sales team to help scale up the existing sales structure, and this relationship has already resulted in new distributor sales contracts. Not to mention Jordan Young, aka DJ Swivel the Grammy award winner.
4) mCig is also in the final stages of bringing the exciting, innovative, brand-new organic em-j product to market, which is infused with Cannabidiol (CBD),. Key point here is “organic”, they have clearly altered the formula.The highly anticipated em-j product will be available to customers in a few weeks
5) The mCig construction division has its first project entering into contract. Mr Sassano is getting ready to build the first construction project for MCIG. I wouldn’t mind betting a lot of their business will come from their strategic partnership with Climagrow, who are killing it. They may also start doing the fit-outs for medical dispensaries under the Café Serendipity banner.
6) The mCig extraction division has begun production of our first Supercritical CO2 extraction unit, which will provide a high-performance, commercial-grade product for customers. This effort is being led by the mCig Chief Research and Development Officer Mike Snody. These are big machines – retail can range, depending on size from 30K to 500k. When growers buy these, again, I wouldn’t mind betting the idea is to fill the EM-J with the THC formula on-site for distribution in that state, or sell the licensing rights to the grower.
7) In other exciting innovation news, the mCig technology division has finally finished the Ultrasonic which is currently being priced for production. This technology is patent-pending technology for a revolutionary new type of pen vaporizers that delivers a cleaner delivery method.
Richard Krueger is working hard to solve payment and financing issues for legal growers and dispensaries through an innovative exchange using bitcoin.
9) MCIG owns 47% of Vitacig, which is making terrific strides forward. They will be off the greys very shortly because they are currently in the final phases for approval. In addition to this important step, VitaCig, Inc. has reached an agreement with an exclusive distributor for the entire VitaStik line for all of Asia. The distributor has received the necessary health department and all other approvals which clear the way for the full line of VitaCig, Inc. products to be sold in South Korea. This expansion into the Asian market, coupled with a previous exclusive distribution agreement in Germany, continues to expand the reach and global opportunities for the rising VitaCig
Key points about MCIG right now:
1) Revenues can conservatively be projected to be in the 7-10M range for this fiscal year
2) Completion of the best quarter in company history which ended April 30, 2015
3) mCig added a highly recruited global sales manager on the sales team to help scale up the existing sales structure, and this relationship has already resulted in new distributor sales contracts. Not to mention Jordan Young, aka DJ Swivel the Grammy award winner.
4) mCig is also in the final stages of bringing the exciting, innovative, brand-new organic em-j product to market, which is infused with Cannabidiol (CBD),. Key point here is “organic”, they have clearly altered the formula.The highly anticipated em-j product will be available to customers in a few weeks
5) The mCig construction division has its first project entering into contract. Mr Sassano is getting ready to build the first construction project for MCIG. I wouldn’t mind betting a lot of their business will come from their strategic partnership with Climagrow, who are killing it. They may also start doing the fit-outs for medical dispensaries under the Café Serendipity banner.
6) The mCig extraction division has begun production of our first Supercritical CO2 extraction unit, which will provide a high-performance, commercial-grade product for customers. This effort is being led by the mCig Chief Research and Development Officer Mike Snody. These are big machines – retail can range, depending on size from 30K to 500k. When growers buy these, again, I wouldn’t mind betting the idea is to fill the EM-J with the THC formula on-site for distribution in that state, or sell the licensing rights to the grower.
7) In other exciting innovation news, the mCig technology division has finally finished the Ultrasonic which is currently being priced for production. This technology is patent-pending technology for a revolutionary new type of pen vaporizers that delivers a cleaner delivery method.
Richard Krueger is working hard to solve payment and financing issues for legal growers and dispensaries through an innovative exchange using bitcoin. 9) MCIG owns 47% of Vitacig, which is making terrific strides forward. They will be off the greys very shortly because they are currently in the final phases for approval. In addition to this important step, VitaCig, Inc. has reached an agreement with an exclusive distributor for the entire VitaStik line for all of Asia. The distributor has received the necessary health department and all other approvals which clear the way for the full line of VitaCig, Inc. products to be sold in South Korea. This expansion into the Asian market, coupled with a previous exclusive distribution agreement in Germany, continues to expand the reach and global opportunities for the rising VitaCig
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