mCig, Inc. Publishes April 2014 Investor Presentation and Unveils LiqCig, Inc.
April 01 2014 - 8:30AM
- New Subsidiary Engaged in Research
and Development of World's First Pre-Packaged Alcoholic
eCig
- Calorie Free Alcoholic Consumption Disrupting $1.3
Trillion Recreational Alcoholic Beverage Industry
mCig, Inc. (OTCQB:MCIG) has updated its investor presentation for
the month of April 2014. This presentation also known as an
"Investor Deck" summarizes the most recent developments and
performance metrics to existing investors, potential investors, and
potential joint venture partners and brand ambassadors.
The presentation can be found in the mCig website Investor
Section Presentation Tab or directly here:
http://www.mcig.org/investors/presentations/
The company is also pleased to be unveiling its newest
subsidiary: LiqCig, Inc. which will be 100% owned by mCig, Inc.
both before and after the anticipated VitaCig, Inc. spin-off and
dividend.
LiqCig, Inc. is engaged in the research and development of
mobile vaporization applications for recreational alcoholic
consumption. Specifically, the company is currently developing the
world's first pre-packaged alcoholic electronic cigarette (eCig).
The LiqCig will provide consumers with an unprecedented
calorie-free method for the consumption of alcohol creating a
potentially disruptive force within the $1.3 Trillion Recreational
Alcoholic Beverage Industry (Source: Marketline).
"For thousands of years alcohol has been primarily consumed via
liquid ingestion. This form of ingestion leads to liver damage,
heart disease, and weight gain. When we looked at how mobile
vaporization technology could improve medical delivery, we noticed
there was another potentially game-changing application: Alcohol
consumption. Delivering alcohol into the bloodstream via
vaporization is in our view a superior method for the consumption
of alcohol. It also represents an exciting business opportunity
given the size of this industry, and current logistical
limitations." said Mark Linkhorst, COO of mCig, Inc.
"We have always stated our belief that mobile vaporization
technology holds far more potential in consumer applications than
what is being pursued by most companies in the space. There is more
to this technology than just delivering nicotine into the brain. As
we have demonstrated: first with VitaCig and now with LiqCig, our
team will continue to innovate and incubate consumer applications
that we feel we can generate significant sales, leading to an
increase in shareholder value."
"The LiqCig has the potential to significantly disrupt the
existing Alcoholic Beverage Market by providing a superior method
for the consumption of alcohol recreationally. The market is
greater than the global tobacco industry estimated at being worth
$1.3 Trillion Annually in 2018 vs $1.1 Trillion for Tobacco." Said
Paul Rosenberg, CEO of mCig, Inc.
About mCig, Inc. mCig, Inc. (OTCQB:MCIG) is a technology company
focused on two long-term secular trends sweeping the globe: (1) The
decriminalization and legalization of marijuana for medicinal or
recreational purposes (2) The adoption of electronic vaporizing
cigarettes (commonly known as "eCigs") by the world's 1.2 Billion
smokers. The company manufactures and retails the mCig – the
world's most affordable vaporizer priced at only $10. Designed in
the USA – the mCig provides a superior smoking experience by
heating plant material, waxes, and oils delivering a smoother
inhalation experience. The company also owns Vapolution, Inc. which
manufactures and retails home-use vaporizers such as the Vapolution
2.0. Through its wholly owned subsidiary, VitaCig, Inc. the company
is preparing to launch the VitaCig, a $2 nicotine-free eCig that
delivers a water-vapor mixed with vitamins and organic flavors.
Through its wholly owned subsidiary, LiqCig, Inc. the company is
engaged in the development of the world's first pre-packaged
alcoholic eCig. See more at: http://www.mCig.org/,
www.Vapolution.com, www.VitaCig.org, and www.LiqCig.org The Company
believes that a well regulated marijuana industry is emerging as
more states follow the lead of Washington and Colorado in
legalizing marijuana. A similar trend is developing within the eCig
industry following the first acquisition of an electronic cigarette
brand (Blucigs) by a traditional tobacco company Lorillard Inc. for
$135 million followed by another acquisition in February 2014 by
Altria Group Inc. of Green Smoke for $150 million. Wells Fargo
analyst Bonnie Herzog estimates that eCig sales may rise from $1
Billion in 2013 to $10 billion over the next three years. mCig,
Inc. (OTCQB:MCIG) has positioned itself as a first mover at the
intersection of these two trends and hopes to create shareholder
value by making the mCig one of the leading choices for electronic
consumption of plant material. - See more at:
http://www.mcig.org/investors/investor-opportunity-subpage/ Safe
Harbor Statement Any statements contained in this press release
that do not describe historical facts may constitute
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Any forward-looking
statements contained herein are based on current expectations, but
are subject to a number of risks and uncertainties. The factors
that could cause actual future results to differ materially from
current expectations include, but are not limited to, risks and
uncertainties relating to the Company's ability to develop, market
and sell products based on its technology; the expected benefits
and efficacy of the Company's products and technology; the
availability of substantial additional funding for the Company to
continue its operations and to conduct research and development,
and future product commercialization; and the Company's business,
research, product development, regulatory approval, marketing and
distribution plans and strategies.
CONTACT: Paul Rosenberg
CEO
(425)462-4219