Im starting to seriously wonder why MCIG is dipping everyday and why it only fluctuates between 47-55. Was FITX not questioned about the same sort of thing? MCIG has more going for it than any other OTC, so what is really going on. Are the MM's controlling this until Revenue comes out to justify a run..to me that would make no sense at all, considering movement historically on PR in OTC can make a ticker go crazy. We have PR every week if you consider all the billboards, celebs etc. I've read all the Sec fillings and they're legit but im absolutely convinced something is up.
Look at the annual revenues ( only approx $123,000 ) and then look at the market cap...( something around $136,000,000 ). This is ludicrous. I suspect the price will go way down and then they will have to do reverse split due to the FACT that there already over 270 MILLION shares outstanding. "vaporizers" are trendy and there are TOO MANY manufacturers IMO. The e-cigs are a COMMODITY..... what's to stop others from importing the same stuff from China?
I agree but Im basing my fear on the manipulation of the PPS and the fact Paul is 'probably' selling shares slowly to pay his/our debt to Ambassadors, Banners, Spinoff, etc...kepping the action at a stand-still. Im not looking for your witty comebacks, I would much rather you give substantial feedback or just stay quiet