• Quartapint.com
    $MCIG Am I the only one concerned that Rosenberg has so many roles in the company, plus there are plenty of e-smoke companies out there?
    4/1/14
    Reply (39)
    • Philberg: but there are no e-smoke companies like mcig ;-) and mcig isn't into nicotine (right now), they seek niches
      4/1/14
    • Quartapint.com: Well I guess the fact that they sell their average-at-best product for a fraction of the price of competitors doesn't hurt.
      4/1/14
    • Cserv40: They are a great play IMO of an actual MJ involved company that actually has sales revenue, a plan & dividends of a spin off company I'm in
      4/1/14
    • Green&Golden: I was so impressed, I had to buy an Mcig to see how well it works. It is being sent UPS and I will give an update! :)
      4/1/14
    • Philberg: great, how long did it take do deliver?
      4/2/14
    • cking6178: G&G, I've been reading about all the delayed shipments...let us know how long it takes for you to get ur order!
      4/2/14
    • Green&Golden: It has been slightly delayed. I ordered on 3/18 and is now being shipped. I have a tracking # and should get it by early next week!
      4/2/14
    • dboro: got mine in 2 weeks and its great long $mcig
      4/2/14
    • Philberg: ok 2 weeks sounds not too bad compared to what we heard before :P CEO ramps up like stupid, said they could sell about 1mil mcigs this year
      4/2/14
    • Quartapint.com: Considering that the product is average compared to others, I would like to know how much profit they are making on each by selling so low.
      4/2/14
    • cking6178: QP - look at their earnings statement from last wk...they reported revs & vols...u should b able to calc margins or get reasonably close...
      4/2/14
    • Philberg: QP, do you know it is average compared to others? many other also produce in China. according to the CEO the margin is not too high
      4/2/14
    • Philberg: mCig wants market share, they want the masses, other companys have higher margins but would you pay 80$ for your first device? I think not
      4/2/14
    • Quartapint.com: cking6178 a reasonable approach.
      4/2/14
    • Quartapint.com: Philberg, trust that I have done my research on these types of products for quite some time to confidently call mcig's product "average".
      4/2/14
    • Quartapint.com: I don't knock the company for making a good effort, but they need something more alluring than just a well priced product. Search Pax.
      4/2/14
    • Philberg: Pax is very elegant, very discreet, gentlemen style. I think Pax will make it's run in some years when MJ is really based in our culture
      4/2/14
    • Philberg: but I'm not too sure about it becoming sth like the "Ipod"...but who knows in this new industry
      4/2/14
    • Philberg: oh I'm talking about Ploom's Pax, I just found other Pax, has "Pax" a certain meaning?
      4/2/14
    • Quartapint.com: Pax also offers a better dose per inhalation, plus a larger chamber which means less frustration from constant reloading and cleaning.
      4/2/14
    • Quartapint.com: I agree Philberg, it's definitely no Ipod. MJ sub-culture has been around for decades, there are tons of creative products still to shine!
      4/2/14
    • Green&Golden: I just went to PAX website and loved the design. It can be used for loose leaf. But at $249.00, I'll Take Average - at a real real low price
      4/2/14
    • Philberg: interesting point, I agree. but still mCig is designed as disposable cig, not as a lifelong friend like a Ploom Pax could be ;)
      4/2/14
    • Green&Golden: $23 with the dry herb attachment + shipping. It is also designed for the masses at that price point. :)
      4/2/14
    • Quartapint.com: That's what I mean, if someone can hit the market with a quality product like the Pax at a fraction of the cost like Mcig = market cornered.
      4/2/14
    • Green&Golden: Average Product + Affordable + First to do it = Market Cornered!!! Long $MCIG
      4/2/14
    • Quartapint.com: G&G I get it LOL!! You've got an investment that you don't want dropping in value, fight the good fight man ;) BUT it's still not cornered.
      4/2/14
    • Green&Golden: Of course the market isn't cornered, but at least it is being played by a company that understands how to build a product and momentum.
      4/2/14
    • Green&Golden: Mcig 3.0 will be out later this year. Maybe it will be a higher end product, who knows?
      4/2/14
    • Cserv40: I'm still all in! Lol!
      4/2/14
    • Quartapint.com: Definitely excited to see what they decide to launch down the road. I'm thinking I'll be onboard soon ;) Make them $$ fellas!
      4/3/14
    • Green&Golden: Quartapint, don't forget to get in soon. Free vitacig shares will be given Mcig shareholders on a 1:1 basis sometime in April for a spinoff.
      4/3/14
    • cking6178: G&G, the share basis is 1:1, but the IPO price is $0.05, so you're not getting 1:1 value...still nice to get something for "free" tho...LoL
      4/3/14
    • Quartapint.com: Sounds good to me! A little "free" money doesn't hurt lol
      4/3/14
    • Green&Golden: Yes .05 is the beginning price. But who knows what that investment will be worth in the future. Jane Wells did a radio interview with
      4/3/14
    • Green&Golden: the COO of $MCIG and she tried the VitaCig and thought it could be quite marketable, especially to those who are trying to quit smoking etc.
      4/3/14
    • Green&Golden: There is a link on page 24 to the radio interview in the shareholder presentation. http://slidesha.re/1lms76x
      4/3/14
    • Philberg: yeah the interview is funny :D
      4/3/14
    • Quartapint.com: I like the pick & shovel references... Insightful. Thanks for sharing!
      4/4/14