mCig dives; SA author critical of valuation, competitive standing

SA author Charles Moscoe , who states he's a “consultant for a major player in the electronic cigarette space,” believes mCig ( OTCQB: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

Source: Tobacco News