Seeking Alpha
 

mCig, Inc. (MCIG)

- OTCQB
  • Fri, Apr. 17, 8:27 AM
    • E-cigarettes are catching on with teenagers, according to a new data read.
    • While usage of traditional cigarettes by high school students has declined, e-cigarette demand has increased significantly.
    • 13% of all high school students used e-cigs last year to top the rate they used traditional cigarettes for the first time.
    • The FDA is still working out how it will treat the e-cigarette category.
    • Related stocks: MO, BTI, LO, PM, OTCQB:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, RAI, OTC:AHII, OTCQX:ITYBY.
    | Fri, Apr. 17, 8:27 AM | 6 Comments
  • Mon, Mar. 23, 11:40 AM
    • Big Tobacco is pushing for tighter regulations on e-cigarettes in a move some say is a clever strategy to keep out smaller players, according to Reuters.
    • The push from established industry players include calls to regulate vape shops.
    • Larger tobacco companies will benefit with their own e-cig brands if independent shops have increased barriers to entry and large retail chains are forced to display the product category behind counters.
    • E-cigarette sales in the U.S. decelerated to 5% growth in Q4.
    • Related stocks: MO, BTI, LO, PM, OTCQB:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, RAI, OTC:AHII, OTCQX:ITYBY.
    | Mon, Mar. 23, 11:40 AM | 15 Comments
  • Nov. 13, 2014, 2:56 PM
    • Teenagers are sampling electronic cigarettes at a higher rate, according to a study by the CDC.
    • The number of high school student who tried an e-cig over the last 30 days was 4.5% vs. 2.8% a year ago.
    • 12% of all high school students say they have tried the product.
    • The CDC notes the impact of e-cigs use on public health remains uncertain.
    • Related stocks: MO, BTI, LO, PM, OTCQB:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, RAI, OTCQB:AHII.
    | Nov. 13, 2014, 2:56 PM | 20 Comments
  • Oct. 31, 2014, 10:38 AM
    | Oct. 31, 2014, 10:38 AM | 5 Comments
  • Sep. 15, 2014, 1:59 PM
    • Electronic cigarettes companies have their eyes on Hollywood with product placement spots in movies seen as a way to boost recognition for e-cig brands.
    • Traditional tobacco sellers have been shut out by regulators from paid placement ads for over 20 years.
    • Vapor Corp. (VPCO -7.2%) might be a step ahead of its peers. The firm has Relativity Media CEO Ryan Kavanaugh on its board and already pays for a "viral" campaign with Relativity.
    • Related stocks: MO, BTI, LO, PM, OTCQB:ECIG, OTCQB:VAPE, OTCPK:HPNN, OTCQB:MCIG, OTCQB:NTRR, OTCPK:VAPR, RAI, OTCQB:AHII.
    | Sep. 15, 2014, 1:59 PM | 2 Comments
  • Aug. 26, 2014, 12:23 PM
    | Aug. 26, 2014, 12:23 PM | 6 Comments
  • Aug. 25, 2014, 12:15 PM
    | Aug. 25, 2014, 12:15 PM | 4 Comments
  • Aug. 8, 2014, 1:35 PM
    | Aug. 8, 2014, 1:35 PM | 14 Comments
  • Jul. 18, 2014, 3:37 PM
    • mCig (OTCQB:MCIG -3.9%) Chief Paul Rosenburg converts 230M shares of common stock that he owns into 23M shares of Series A Preferred stock. Under the terms of the lock up agreement, he cannot convert the preferred shares until after April 30, 2015. As sole director, Mr. Rosenburg made the decision in order to free up shares to use for potential acquisitions. According the regulatory filing, he regards the move as in the best interests of shareholders.
    | Jul. 18, 2014, 3:37 PM | 4 Comments
  • Jun. 24, 2014, 3:51 AM
    • The $96B tobacco bond market is continuing its decline, as most Americans have quit smoking at a faster rate than estimated when most of the bonds were sold in previous decades. Health risks, public smoking bans, e-cigs and new excise taxes have all been factors in the decrease.
    • A forecast last month from Moody's Investors Service estimates 65-80% of tobacco bonds are headed toward default, and many analysts predict the default to occur by the end of the decade.
    • Cigarette consumption fell an annual average of 3.4% since 2000, while many bonds were set up to only withstand drops of 2-3%. E-cigarettes have also diminished market share, with sales growing by more than $2.2B in the last four years.
    • Related tickers: (MO) (BTI) (LO) (PM) (ECIG) (VAPE) (HPNN) (MCIG) (NTRR) (VAPR) (VPCO) (RAI) (AHII)
    | Jun. 24, 2014, 3:51 AM | 23 Comments
  • Jun. 11, 2014, 2:51 AM
    • Seven U.S. senators have urged the Department of Transportation to finally ban the use of electronic cigarettes on domestic flights and those to or from the United States. The ban for "vaping" on U.S. flights was proposed in September 2011.
    • Although many airlines have prohibited the use of e-cigarettes, federal law still allows them to be used during flights.
    • Related tickers: (MO) (BTI) (LO) (PM) (ECIG) (VAPE) (HPNN) (MCIG) (NTRR) (VAPR) (VPCO) (RAI) (AHII)
    | Jun. 11, 2014, 2:51 AM | 15 Comments
  • May 30, 2014, 8:38 AM
    • Big Tobacco (LO, RAI, MO) will dominate the e-cigarette business due to its resources and established distribution network, according to RBC Capital Markets analys Nik Modi.
    • A merger between Lorillard and Reynolds American would only heighten the advantage of the majors over smaller players (ECIG, MCIG, AHII), reasons the investment firm.
    | May 30, 2014, 8:38 AM | 47 Comments
  • May 20, 2014, 9:01 AM
    • British researchers find that e-cig users have a 60% higher success rate in quitting than those who use smoking cessation products like patches or gum or willpower alone. In a five-year study of almost 6,000 smokers, almost 20% of those who switched to e-cigs stopped smoking conventional fags. Only ~10% of those using patches or gum managed to quit. Slightly more than 15% quit using their willpower.
    • The long-term effects of vaping are unknown at present but they appear to be less bad than tobacco.
    • Related tickers: (MO) (BTI) (LO) (PM) (ECIG) (VAPE) (HPNN) (MCIG) (MWIP) (NTRR) (VAPR) (VPCO)
    | May 20, 2014, 9:01 AM | 15 Comments
  • May 16, 2014, 2:06 PM
    • The Minnesota Legislature passes a bill restricting the use and sale of electronic cigarettes. It now heads to Governor Mark Dayton's desk for his signature.
    • The bill requires child-proof packaging for all e-cig liquids, prohibits their use in schools, prohibits their sale from mall kiosks and requires them to be kept behind the counter in stores. The law allows local governments to pass more stringent restrictions and ensures penalties for those who sell e-cigs to minors.
    • E-cig use is also banned in hospitals, healthcare clinics, doctors' offices, most government buildings, all facilities owned by the University of MN or MN State Colleges and Universities, including dorm rooms and licensed daycare facilities, including home daycare during operating hours.
    • The bill is a watered down version of an earlier bill that would have treated e-cigs the same way as conventional cigarettes.
    • Related tickers: (MO) (BTI) (LO) (PM) (ECIG) (VAPE) (HPNN) (MCIG) (MWIP) (NTRR)
    | May 16, 2014, 2:06 PM | 20 Comments
  • May 7, 2014, 9:01 AM
    • Minnesota state senators vote 48-18 in favor of legalizing physician-prescribed medical marijuana. The bill will permit up to 55 dispensing centers around the state although the health commissioner could approve additional sites.
    • Patients could legally possess up to 2.5 ounces of pot to be ingested in pills, oils or vaporized just shy of combustion. Smoking weed would still be illegal.
    • The bill allows for a research study to assess the effects of medical marijuana in pill or liquid form in patients with severe illnesses.
    • The Senate's version differs from the House's version so more work needs to be done before it passes over the Governor's desk.
    • (CANV) (CBIS) (GWPH) (MJMD) (NVLX) (RFMK) (SKTO) (VAPE) (NTRR) (MWIP) (MCIG)
    | May 7, 2014, 9:01 AM | 6 Comments
  • Mar. 24, 2014, 5:35 PM
    • SA author Charles Moscoe, who states he's a "consultant for a major player in the electronic cigarette space," believes mCig (MCIG -11.4%) "has no proprietary technology," and that similar Chinese OEM products can be easily procured.
    • Moscoe also: 1) Notes mCig had Q3 revenue of just $85,109. 2) Argues mCig's VitaCig unit (set to be spun off) "competes in [a] highly fragmented electronic cigarette market" dominated by Lorillard and Altria. 3) Notes the company's recently acquired glass vaporizer product has only seen sales of $2M over the last 13 years.
    • Updated March 25, 7:26 p.m.: After talking with mCig CEO Paul Rosenberg, Moscoe substitutes an author update for his original piece. Moscoe says he's now "able to see the differences between the mCig 2.0 and the devices I had originally compared it with," and says the fact mCig's primary product (mCig 2.0) only launched 60 days ago suggests the company's story is "still in its infancy." But he maintains it's "extraordinarily overvalued." MCIG +2% today.
    | Mar. 24, 2014, 5:35 PM | 12 Comments
Visit Seeking Alpha's
MCIG vs. ETF Alternatives
Company Description
mCig, Inc. (mCig) was incorporated in the State of Nevada on December 30, 2010 originally under the name Lifetech Industries, Inc. Effective August 2, 2013, our name was changed from "Lifetech Industries, Inc." to "mCig, Inc." reflecting our new business model. Since October 2013, mCig, Inc. has... More