You have the right to label yourself as you desire
Post# of 11899
Posted On: 11/13/2013 7:47:54 PM
You have the right to label yourself as you desire and so do others, IMO. As you likely are well aware, I love Star Wars, and so I have constructed my avatar as such. IMO, people allow themselves to be fooled or not fooled. In this particular situation, I cannot agree with you that shareholders were "fooled" by Cheryl Shuman. She was contracted to perform social media tasks and give the CannaCig brand exposure and she did so with flying colors, in my humble opinion. I think that there exists no argument or possible grievance whatsoever which can be laid at Cheryl's feet. I happen to believe that if any in RFMK were "mislead" or "fooled" then the complaints should land squarely on the shoulders of the CEO. We do not even know if the "relationship" between Cheryl and RFMK actually "ended". We just simply have not received any news or shareholder updates in months, that is all, plain and simple. From what I understand about the corporate make-up of RFMK is that it is effectively now a holding company and MCM is a subsidiary. I have no idea what, if anything, on the corporate side is going on with MCM (or RFMK for that matter), but what I do know is that the MCM website redirects to Cheryl's official website, so I am just guessing, but I would think Cheryl still is heading up the MCM effort, BWDIK, right? 
Sure, "marketing" is in the RFMK company title, but it seems that the business has been changing and evolving over time and now, judging from the previous shareholder notice, that the company direction is going toward acquisitions and mergers in the MMJ industry. But anyone's guess is as good as mine because we have not heard anything recent from the CEO, so who knows. I would agree with you in so far as the CEO should have officially announced if and when any relationship with Cheryl was not renewed. Just leaving shareholders in the dark is really a quick way to lose investor confidence, which in turn scares away bid support which typically causes an already low volume and volatile stock to crash to the cellar, which then of course makes any funding effort a fools errand.
Feel free to bash or pump RFMK but any personal attacks on other posters or Cheryl or suggesting that the company/stock is just a scam will likely get deleted, if the frequency of such posts become constant. Also I think more valuable discussions are gleaned from balanced perspectives (not pumps or bashes).
In my opinion, all the "hype" you refer to surrounded Cheryl's media exposure and marketing of the CannaCig brand. She also obviously spoke well about the stock and the company she was representing, but I do not account any post or statement wherein she told investors to buy the stock because she was on board. Any investor of whom made the determination to buy stock because she was involved as a contractor with the company was their own investment decision. I think it is rather low to attack a contractor who has nothing to do with the corporate business side of the company because the investor lost money in the stock. Investors must make their own buy/hold/sell decisions. I will say though that in my opinion the CEO has failed and owes shareholders an explanation for many of the failures and what appear now to be lies or at the very least, over-zealous statements about "imminent" things to come, only for nothing to happen at all, for months and years. If things were in fact happening but fell through, then that is just business in the corporate world, failure does occur and it does so often, but a CEO of a public company has the DUTY to disclose the official status of the company to shareholders and I think that duty has been shirked here in RFMK. I believe the blame for failure and company stagnation solely rests upon the CEO. Massive ongoing dilution for over a year with no news, missed opportunities, no shareholder updates, broken promises of 10K, audit, chill removal, new product, etc etc, is a recipe for a downward trend in the PPS of the stock and that is what we have witnessed. All of this does not mean it is doomed though, contrary to what the bashers will claim. At any time PK stocks can do anything and at any time the CEO could make a come-back and begin doing things which actually build shareholder value, or, he could even just step aside, resign and let one of the alleged new board of directors lead the company. In any event, look at it this way, with the stock trading at triple 2's, there are only two possibilities left as far as downside risk; either shareholders suffer one more 50% loss, or else the stock goes to no bid and/or delisted and so shareholders would lose it all. In either scenario, I cannot imagine there are many investors still hanging on down here in the cellar scum swamp, so the risk/reward at this level is actually interesting, IMO. It does not mean I am a buyer of the stock, I have left the OTC market for good, so I will never again be investing in any PK stocks, but who knows, perhaps the CEO will lift himself up and move forward for the sake of the shareholders and his own reputation. I would think with $50,000 per month influx of capital into the company we should likely witness some sort of new product or some kind of corporate action but so far nothing has happened since over a year ago when this CEO was talking as if audited financials and uplisting were just weeks away.
Do or do not, there is no try.
GLTY
Sure, "marketing" is in the RFMK company title, but it seems that the business has been changing and evolving over time and now, judging from the previous shareholder notice, that the company direction is going toward acquisitions and mergers in the MMJ industry. But anyone's guess is as good as mine because we have not heard anything recent from the CEO, so who knows. I would agree with you in so far as the CEO should have officially announced if and when any relationship with Cheryl was not renewed. Just leaving shareholders in the dark is really a quick way to lose investor confidence, which in turn scares away bid support which typically causes an already low volume and volatile stock to crash to the cellar, which then of course makes any funding effort a fools errand.
Feel free to bash or pump RFMK but any personal attacks on other posters or Cheryl or suggesting that the company/stock is just a scam will likely get deleted, if the frequency of such posts become constant. Also I think more valuable discussions are gleaned from balanced perspectives (not pumps or bashes).
In my opinion, all the "hype" you refer to surrounded Cheryl's media exposure and marketing of the CannaCig brand. She also obviously spoke well about the stock and the company she was representing, but I do not account any post or statement wherein she told investors to buy the stock because she was on board. Any investor of whom made the determination to buy stock because she was involved as a contractor with the company was their own investment decision. I think it is rather low to attack a contractor who has nothing to do with the corporate business side of the company because the investor lost money in the stock. Investors must make their own buy/hold/sell decisions. I will say though that in my opinion the CEO has failed and owes shareholders an explanation for many of the failures and what appear now to be lies or at the very least, over-zealous statements about "imminent" things to come, only for nothing to happen at all, for months and years. If things were in fact happening but fell through, then that is just business in the corporate world, failure does occur and it does so often, but a CEO of a public company has the DUTY to disclose the official status of the company to shareholders and I think that duty has been shirked here in RFMK. I believe the blame for failure and company stagnation solely rests upon the CEO. Massive ongoing dilution for over a year with no news, missed opportunities, no shareholder updates, broken promises of 10K, audit, chill removal, new product, etc etc, is a recipe for a downward trend in the PPS of the stock and that is what we have witnessed. All of this does not mean it is doomed though, contrary to what the bashers will claim. At any time PK stocks can do anything and at any time the CEO could make a come-back and begin doing things which actually build shareholder value, or, he could even just step aside, resign and let one of the alleged new board of directors lead the company. In any event, look at it this way, with the stock trading at triple 2's, there are only two possibilities left as far as downside risk; either shareholders suffer one more 50% loss, or else the stock goes to no bid and/or delisted and so shareholders would lose it all. In either scenario, I cannot imagine there are many investors still hanging on down here in the cellar scum swamp, so the risk/reward at this level is actually interesting, IMO. It does not mean I am a buyer of the stock, I have left the OTC market for good, so I will never again be investing in any PK stocks, but who knows, perhaps the CEO will lift himself up and move forward for the sake of the shareholders and his own reputation. I would think with $50,000 per month influx of capital into the company we should likely witness some sort of new product or some kind of corporate action but so far nothing has happened since over a year ago when this CEO was talking as if audited financials and uplisting were just weeks away.
Do or do not, there is no try.
GLTY
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