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Friday, June 18, 2021

The Inside Scoop on Bots Inc (OTCMKTS: BTZI)

Bots Inc (OTCMKTS: BTZI) is the new ticker symbol for MCIG, a stock that we covered many times before. The changes come as the Company led by CEO Paul Rosenberg pursues a transition into the emerging field of robotic process automation and plans to develop a proprietary bots operating platform.

MCIG was an investors favorite for many years and during that time the Company transitioned from a vaporizer manufacturer to industry leading large scale, full service cannabis cultivation construction company with its Grow Contractors division currently operating in the rapidly expanding Nevada market.

Bots Inc (OTCMKTS: BTZI) operating out of San Juan, Puerto Rico is a diversified company servicing the robotics needs of its customers. The Company is committed to drive the innovations needed to shape the future of robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA). The Company has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com.

On July 8 BTZI announced the name change and a change in the Company’s stock symbol on the OTC Markets. Effective July 9, 2020, the Company’s common shares began trading on the OTC Markets under the symbol “BTZI”. The previous trading symbol was “MCIG”. “Our ticker symbol change is in line with our strategic transition into the emerging field of robotic process automation and our plans to develop a proprietary bots operating platform,” said Bots, Inc. CEO Paul Rosenberg. “We have made a decision to rebrand our company, develop and deliver our products to better meet the needs of companies looking to implement bots into their operations.”

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BTZISoon after the name and ticker change, Yuri Abramov and Simon Rubin were appointed to the BOD and BTZI acquired a majority of First Bitcoin’s digital and crypto assets and related technologies including a Minority ownership in SinglePoint, Inc., Medical Cannabis Payment Solutions, Inc., Petroteg Energy, Inc., Digital Asset Monetary Network, Inc., Kronos Advanced Technologies, Inc., and Tipestry, Inc. As well as subsidiaries including CoinQx Exchange Limited, First Bitcoin Capital LLC., DbotTechnology Corp. Hundreds of domain. $1,250,000 in face value Convertible Promissory Notes issued by Kronos Advanced Technologies as well as US Patent 9,135,781 B1 Bitcoin Kiosk/ATM Device and System Integrating Enrollment Protocol and Method of Using the Same US Patent Application 2018/0315072 A1: Method and System of Facilitating Management of Cryptocurrency Based Loyalty Points Associated With One or More of a Product and a Service. As well as the majority of the inventory of numerous digital cryptocurrencies owned by First Bitcoin Capital Corp.

On July 24 BTZI announced it is in the process of repurposing and renaming FIRST BITCOIN (COIN:BIT) into the “Basic Income Token” while retaining “BIT” as the digital currency’s symbol. Bots, Inc. and First Bitcoin Capital (OTC:BITCF) are working closely together to ensure a seamless transition of this major asset consisting of billions of BITs. Once the name of BIT is changed to Basic Income Token, Bots Inc. intends to distribute 1 BIT for each share of Bots Inc. to be held on a record date to be set for distribution as soon as August 30, 2020.

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Currently trading at a $30 million market valuation BTZI is the new ticker symbol for MCIG. The new Company is led by CEO Paul Rosenberg who is managing the transition into the emerging field of robotic process automation and plans to develop a proprietary bots operating platform. The Company has appointed Yuri Abramov and Simon Rubin to its BOD and acquired a majority of First Bitcoin’s digital and crypto assets and related technologies including a Minority ownership in SinglePoint, Inc., Medical Cannabis Payment Solutions, Inc., Petroteg Energy, Inc., Digital Asset Monetary Network, Inc., Kronos Advanced Technologies, Inc., and Tipestry, Inc. As well as subsidiaries including CoinQx Exchange Limited, First Bitcoin Capital LLC., DbotTechnology Corp. Hundreds of domain. $1,250,000 in face value Convertible Promissory Notes issued by Kronos Advanced Technologies. We will be updating on BTZI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BTZI.

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

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