x min read

BPS initiates coverage on mCig®, Inc. (OTCMKTS:MCIG)

BPS initiates coverage on mCig®, Inc. (OTCMKTS:MCIG)
Written by
Aaron Smith
Published on
October 28, 2014
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook
InsidrFinancial

On 17th October’14, BrilliantPennyStocks.com initiated coverage on MCIG. The stock moved up by 16% since the coverage was initiated.

BELLEVUE, Washington headquartered mCig®, Inc. (OTCMKTS:MCIG) made an announcement last week to the effect that it is expanding its popular VitaCig® flavor line. It also heralded the creation of a new business division, which would focus on reselling “branded E-Liquids”. E-Liquids are more popularly known as E-Juice in the market. Finally, the firm also announced the launch of a newly engineered device which will allow the vaporizing of VitaCig® liquids, even for products which are created by third parties.

mCig®, Inc. Enjoys Industry First Mover Advantage

mCig®, Inc. (OTCMKTS:MCIG) over the past few quarters has emerged as one of the fastest growing e-cigarette companies in the world. It has launched and successfully marketed such highly recognized brands like “mCig®, VitaCig®, and Vapolution products,” in the U.S market space.

Leveraging Changing Customer Preferences

mCig®, Inc. (OTCMKTS:MCIG) has over the past couple of quarters attempted to leverage the growing trend of customers mixing and matching the devices, liquids and flavoring that goes into their e-cigarette smoking habit. The easy availability of such open source devices and liquids in the market has led to this change in the buying and consumption pattern of customers. mCig®, Inc. (OTCMKTS:MCIG) has tried to leverage this trend by launching its own brand of VitaCig® branded E-Liquids. These E-Liquids manufactured by mCig®, Inc. (OTCMKTS:MCIG) enjoy tremendous brand visibility and loyalty.

Access To International Market Via E Commerce

The launch of a new line of E-liquids under its own brand has allowed mCig®, Inc. (OTCMKTS:MCIG) to access the wider global market for it products. An internal team at the e-cigarettes maker has built the new E-liquids portfolio. The company has also put in place a new branding and marketing team to promote this product. It has also launched a new international website to allow customers from outside U.S to purchase their choice of E-liquid.

Signup now to receive the next BPS alert by clicking HERE

About BrilliantPennyStocks

BSP provides sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. BPS provides alerts to investors and traders on stocks that could potentially breakout. To obtain text message stock alerts service, text the word Avauncer to 95577 from your cell phone. Additionally, BPS provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.

Disclosure: BrilliantPennyStocks is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://brilliantpennystocks.com/disclaimer/ for complete risks and disclosures.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.