{"id":3503,"date":"2014-01-02T16:13:53","date_gmt":"2014-01-02T16:13:53","guid":{"rendered":"\/?p=3503"},"modified":"2014-01-02T16:14:45","modified_gmt":"2014-01-02T16:14:45","slug":"mcig-inc-otcbbmcig-bucks-the-trend-at-the-peak","status":"publish","type":"post","link":"\/articles\/mcig-inc-otcbbmcig-bucks-the-trend-at-the-peak\/","title":{"rendered":"mCig, Inc. (OTCBB:MCIG) Bucks the Trend at the Peak"},"content":{"rendered":"

The slow and sure climb of mCig, Inc. (OTCBB:MCIG<\/a>) ended with a dramatic drop, wiping out more than 41% to pull the ticker down to $0.09, on selling volumes of above $450,000. MCIG<\/a> came back under a new name and ticker and started its slow recovery from the summer months. Then, MCIG<\/a> spiked on a widespread promotion, but went on to unravel in the following weeks. Back in August, MCIG<\/a> still ran as Lifetech Industries. \"MCIG0201.png\" <\/p>\n

Luckily, the new climb was calmer, and happened without a promotion. The ticker added more than 50% since November, and still has juice, opening upward on the January 2nd trading. \"VPCO0201.png\"<\/p>\n

MCIG<\/a> may be hoping to ride the trend as an addition to a group of companies producing and distributing electronic cigarettes. But while other tickers offer an exposure to well-developed businesses, MCIG<\/a> just now started with a novel product featuring herbal electronic cigarettes.<\/p>\n

For starters, there are the financial statements, containing:<\/p>\n