MCIG discussed the financial statements of the Company for Fiscal Year 2016 and its implications on the future during the most recent investor call on June 28, 2016 at 4:30 PM (EST). Michael Hawkins, Interim Chief Financial Officer, stated in a recent earnings release, “The increase in revenue is a direct result of the strategic movement into the CBD markets. The Company has seen the beginning of its construction and grow division in the Fiscal Year numbers, but with a majority of the three contracts scheduled for completion in the current fiscal year, we should see further improvements in these numbers.” He went on to say, “The Company has significantly reduced its overhead cost, and the business is trending in the right direction.”
Please refer to the following to listen to the recorded MCIG Conference call:
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
