MCig, Inc. Reports Unconsolidated Sales Results for the Fourth Quarter and Year Ended April 30, 2015; Provides Sales Guidance for the First Quarter Ended July 31, 2015
August 31, 2015 at 02:30 pm
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mCig, Inc. reported unconsolidated sales results for the fourth quarter and year ended April 30, 2015. For the year, the company reported sales of $509,957. This represents an increase of approximately 42% or $151,010 from the sales for the year ended April 30, 2014 of $358,947.
The unconsolidated revenue for mCig for the quarter ended April 30, 2015 was approximately $254,000, which represents a 334% increase over the unconsolidated revenue for the quarter ended January 31, 2015 of approximately $76,000.
For the first quarter ended July 31, 2015, the company anticipates sales to exceed quarter-over-quarter growth of over 180%. The first quarter's anticipated revenue
represents an increase of 138% over the fourth quarter of fiscal 2015.
Bots Inc is a Puerto Rico-based technology company, which provides tailormade automation solutions to business customers. The Companyâs offering includes Artificial Intelligence (AI) Bots, Blockchain and Cyber Security services. AI Bots consist of chatbots that can automatically respond to user-protected chat messages in real-time. It provides programming services. Blockchain offers blockchain application development services. Cyber Security services include Penetration Tests, Security Audits and Incident Response. Penetration Tests comprises Web and Mobile Applications Testing, Information Technology (IT) Infrastructure Testing and Breach and Attack Simulation. Security Audits cover Gaps Analysis, Configurations Review, Secure Architecture Design and Cloud Review. Incident Response consist of Malware Analysis, Network Analysis and Computer Forensics. Additionally, the Company is developing several projects mostly focused on financial technologies, such as cryptocurrencies.
MCig, Inc. Reports Unconsolidated Sales Results for the Fourth Quarter and Year Ended April 30, 2015; Provides Sales Guidance for the First Quarter Ended July 31, 2015