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Friday, October 7, 2022

Riding the VitaCig Inc OTCMKTS:VTCQ) Express

VitaCig Inc OTCMKTS:VTCQ) is making a highly explosive move up on accelerating volume, surging out of the subs well into penny land and transforming into one of the top traded stocks on the entire bb’s.

VTCQ is a brand new Nevada Corp that hit the bb’s in January of this year after being spun off from MCIG who currently owns a 47% stake in the Company.

VitaCig, Inc. (otc pink:VTCQ) bills itself as a technology Company harnessing mobile vaporization technology for medical delivery applications. The company owns, manufactures, and distributes the VitaCig(R), a nicotine-free device.

The VitaCig® device is designed to deliver the vapor of vitamins A,B,C,E, Coenzyme Q10, terpenes, and phytonutrients via direct inhalation. Phytonutrients and terpenes are compounds found in plants.

According to VTCQ The VitaCig® is the right product unveiled at the right time. By removing nicotine entirely from the equation and delivering vitamins, terpenes, and phytonutrients instead, VitaCig® is well-positioned to gain both the trust and acceptance of consumers around the world.

VitaCig, Inc. is disrupting both the traditional tobacco industry and the emerging personal vaporizer market by appealing to the 1.2 billion adults globally that smoke cigarettes. VitaCig(R) accomplishes this by providing a nicotine- and tobacco-free alternative that may assist in harm reduction.

The traditional tobacco industry is estimated at nearly $900 Billion a year. Financial analysts from Wells Fargo, Goldman Sachs, and Citigroup predict that by 2022 Electronic Cigarettes will supplant the traditional tobacco industry and eventually grow into a $1 Trillion industry.”

The Company is not big on pr’s; in July they said they signed a new Regional Sales Manager of Asia, which complements the existing South Korean initiative and will initially target the Philippines and Japan. This manager was heavily involved in the South Korean approval process and will use that experience as the Company expands VitaStik into additional Asian markets.

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CEO Al Santos has completed his reformulation of the organic non-nicotine VitaStik line, including seven e-liquid flavors and the new VitaCig CBD-infused flavors. As VitaCig shifts from primarily research and development to a more sales-focused organization, Santos will be stepping down as chief executive officer, and Maury Winnick, a veteran retail executive and current vice president of global sales, will be stepping in as interim CEO of VitaCig.

Winnick will concentrate on increasing sales of the new improved VitaCig and VitaStik lines as well as pursuing potential acquisition candidates of VitaCig in the medical cannabis, pharma and technology sectors. As a majority shareholder and master distributor of VitaCig’s product line, mCig, Inc. (MCIG) provides its management resources to VitaCig and has targeted many ready-to-market and extremely innovative products that could quickly benefit from mCig’s existing financing and distribution contacts and expertise.

CEO Al Santos said at the time ””I have enjoyed creating new formulations and branding for VitaCig and am now pleased to be transferring the reins to mCig’s new executive body, which has transformed both companies over the last 4 months,” said Santos. “It has taught me that sales must be the main driver of any business as well as innovations, so it’s with great confidence in Maury’s experience that he and the rest of the team at mCig are well positioned to reinvigorate and reorganize the sales of VitaCig and VitaStik.”

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Currently trading at a $9.7 million market valuation based on 500,135,000 OS as of September 17 VTCQ has minimal assets or debt and small but fast growing revenues. VTCQ has an exciting product in the VitaCig® and looks to be making some big moves here; the stock trades like a winner and has quickly attracted a fast growing shareholder base who believes this one goes much higher. We will be updating on VTCQ as events unfold so make sure you are subscribed to Microcapdaily so you know what is going on with VTCQ.

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Disclosure: we hold no position in VTCQ either long or short and we have not been compensated for this article.

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