{"id":5086,"date":"2014-11-05T15:14:14","date_gmt":"2014-11-05T15:14:14","guid":{"rendered":"\/?p=5086"},"modified":"2014-11-05T15:14:21","modified_gmt":"2014-11-05T15:14:21","slug":"mcig-inc-otcmktsmcig-taking-off-with-the-rest-of-them","status":"publish","type":"post","link":"\/articles\/mcig-inc-otcmktsmcig-taking-off-with-the-rest-of-them\/","title":{"rendered":"mCig, Inc. (OTCMKTS:MCIG) Taking Off With The Rest of Them"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88445\/mcig.png\" border=\"0\" width=\"442\" height=\"197\" \/>mCig, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MCIG\">MCIG<\/a>) was somewhat hesitant to take to the top of the charts with the rest of the companies in the marijuana branch, but now its belated ascent is finally a fact. The last three trading sessions have increased its market value more than 15% percent and it looks like things are just heating up for the ticker. <\/p>\n<p>Yesterday alone brought <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MCIG\">MCIG<\/a> <\/strong>a 7.08% jump in spite of the lack of PR or disclosure from the company. Just as with Hemp, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a>), the prospect of Oregon and Alaska making pot legal has done <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MCIG\">MCIG<\/a> <\/strong>stock a ton of good, in spite of the fact that the company has very little to do with actual marijuana.<\/p>\n<p>Just like with <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a><\/strong>, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MCIG\">MCIG<\/a>&#8216;s <\/strong>latest financial report paints an unimpressive picture:<\/p>\n<ul>\n<li>cash &#8211; $225 thousand<\/li>\n<li>current assets &#8211; $2.16 million<\/li>\n<li>total assets &#8211; $2.8 million<\/li>\n<li>current liabilities &#8211; $7 thousand<\/li>\n<li>quarterly revenues &#8211; $195 thousand<\/li>\n<li>quarterly net loss &#8211; $1 million<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88445\/fsaddfasdaffadfafsdfds.png\" border=\"0\" width=\"218\" height=\"110\" \/>Unlike <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a>, however, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MCIG\">MCIG<\/a> <\/strong>actually has revenues and a bit of cash to its name. That is not much, admittedly, but at least it looks like the company is trying to achieve something.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>mCig, Inc. (OTCMKTS:MCIG) was somewhat hesitant to take to the top of the charts with the rest of the companies in the marijuana branch, but now its belated ascent is finally a fact. The&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[228,1179],"class_list":["post-5086","post","type-post","status-publish","format-standard","hentry","category-news","tag-hemp","tag-mcig"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=5086"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5086\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}