Indeed. Where's the BEEF, Mr Allinder?! :) Grante
Post# of 11899
Posted On: 01/09/2014 7:50:10 PM
Indeed. Where's the BEEF, Mr Allinder?! 
Granted, we RFMK followers just got a shareholder update not too long ago which stated what investors can expect in the months to come. So perhaps this recent run up in the stock was mainly due to sector movement and maybe mixed in with some RFMK investors getting impatient and buying ahead of the perception of news for the future; along with day traders pumping it up and then causing the typical PK crash on high volume.
Whatever was the case recently it does not change the fact that management is straightening out this company in a big way. IMO this company has taken on massive dilution over the last year or so, however, that was the cost to clean up the company and make the balance sheet healthy again. If indeed Mr Allinder does get these promised corporate goals accomplished by March of this year then IMO this company will be well on its way to providing some kind of shareholder value and growth. We do though need to see the audited financials and we need to see the new product actually launched. Once those developments occur then IMO it could be quite difficult for the naysayers and detractors to cloud this company story in a web of deceit and fanciful stories of scams and other scenarios which happen all too frequently in the shady PK scum swamp. This is why it is imperative for the CEO to execute the plan and get the stock uplisted.
I think it is wise for long term fundamental investors to build a position slowly over time and average in when possible and refrain from playing the volatile fluctuations and day trading flips.
All just my humble opinions.
GLTA
$RFMK
Granted, we RFMK followers just got a shareholder update not too long ago which stated what investors can expect in the months to come. So perhaps this recent run up in the stock was mainly due to sector movement and maybe mixed in with some RFMK investors getting impatient and buying ahead of the perception of news for the future; along with day traders pumping it up and then causing the typical PK crash on high volume.
Whatever was the case recently it does not change the fact that management is straightening out this company in a big way. IMO this company has taken on massive dilution over the last year or so, however, that was the cost to clean up the company and make the balance sheet healthy again. If indeed Mr Allinder does get these promised corporate goals accomplished by March of this year then IMO this company will be well on its way to providing some kind of shareholder value and growth. We do though need to see the audited financials and we need to see the new product actually launched. Once those developments occur then IMO it could be quite difficult for the naysayers and detractors to cloud this company story in a web of deceit and fanciful stories of scams and other scenarios which happen all too frequently in the shady PK scum swamp. This is why it is imperative for the CEO to execute the plan and get the stock uplisted.
I think it is wise for long term fundamental investors to build a position slowly over time and average in when possible and refrain from playing the volatile fluctuations and day trading flips.
All just my humble opinions.
GLTA
$RFMK
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