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unclewoo
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Long. Dividend investor. Tobacco. Beverage, Energy services, REITs, Day trade the mmj sector
  • MCIG, And Where It Could Boldly Go? 8 comments
    May 26, 2014 12:47 PM | about stocks: MCIG, DEO, BF.B, STZ, SBUX

    If your reading this blog, your probably familiar with MCIG, and the 10$ vape pen they make for dry leaf and herb. While not the greatest vaporizer, at ten dollars its very popular. Selling out their entire inventory.

    Now they have rolled out the VitaCig. A colorful vitamin delivery system with names like "Refresh, Relax, and Energize". Early returns are positive. So what could the future look like?

    In April, they announced the LiqCig. A calorie free, alcohol delivery system. You will now be able to vape your favorite alcoholic beverage.

    Now this is here where my imagination starts to run away with me. I don't know if any of this is even possible, but here we go.

    I foresee branding deals, with the likes of BF.B, DEO, and STZ. Imagine a black LiqCic with the Jack Daniels logo on it. Or Johnny Walker, or your favorite Cabernet?

    What about a white vape pen with the green Starbucks logo, as you vape a latte, or dark roast coffee?

    At .44 MCIG is under valued. It doubles in a month. In two years my target is five dollars.

    Disclosure: I am long MCIG, BF.B.

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Comments (8)
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  • Green&Golden
    , contributor
    Comments (39) | Send Message
     
    Mcig investors will get the VitaCig IPO on a 1 to 1 basis soon, just waiting for SEC approval. Soon VitaCig will trade on its own and who knows what both companies will be worth in the long run. My bet is $4-$10 for both. It is a big spread because of all the potential.
    26 May, 02:18 PM Reply Like
  • unclewoo
    , contributor
    Comments (65) | Send Message
     
    Author’s reply » Correct G&G. Both VitaCig and LiqCig are wholly owned subsidiaries of MCIG. VitaCig will trade on its own, with its own ticker symbol, not sure about LiqCig. I could only fit so many characters into the instablog. Good Luck!
    26 May, 02:30 PM Reply Like
  • unclewoo
    , contributor
    Comments (65) | Send Message
     
    Author’s reply » Slide 16 on the presentations link of the MCIG website is very interesting.
    26 May, 02:36 PM Reply Like
  • Green&Golden
    , contributor
    Comments (39) | Send Message
     
    Uncle, my main concern about of alcohol being ingested through a vaporizer due to overdoses etc. Not everyone is smart when vaping, or even used to a new product and the way it is used. It just screams regulation, which they will weather.

     

    On the brighter side is how well the VitaCig is taking off, and that one I wondered about.
    27 May, 01:54 AM Reply Like
  • tenjed
    , contributor
    Comments (11) | Send Message
     
    UncleWoo - I love your optimism. While I feel positive about the future of MCig and VitaCig, one of the things that has impressed me most is how the CEO is running/leading the company. He has a clear vision and makes his strategic moves in a shareholder friendly non-dilutive manner. Plus, how many other companies in this space can say they are profitable as they have? Not many... Long on MCig.
    27 May, 08:05 AM Reply Like
  • unclewoo
    , contributor
    Comments (65) | Send Message
     
    Author’s reply » Its still early, but a nice pop over 5%.
    27 May, 10:25 AM Reply Like
  • Green&Golden
    , contributor
    Comments (39) | Send Message
     
    Cashed with a little FITX profit today to get another 1,800 MCIG and some ATTBF and ENRT. Was feeling the pressure and was too heavy in FITX. Just in case the SEC comes by. Now Mcig is my biggest holding. $MCIG, $GWPRF, $FITX, $PHOT, $ATTBF, $ENRT, $TRTC, TWMJF
    27 May, 08:39 PM Reply Like
  • unclewoo
    , contributor
    Comments (65) | Send Message
     
    Author’s reply » Missed my prediction by a little, LOL. But if you had invested 1000$ when I made the call, you would now have 1159.07$ or 10.5%.
    26 Jun, 06:51 PM Reply Like
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