Illest, great points, agree I do. I think you hit
Post# of 11899
I think you hit the nail on the head by putting emphasis on the fact that to be successful in this highly competitive ecig industry RFMK will have to spend a lot of money on growth and to the point, marketing campaigns to separate their product from the rest. In my opinion the naysayers and detractors who have not even experienced using the new dry herb device are calling it another Chinese generic knock-off ecig, which is IMO totally off the mark. This is a unique design the market has really never seen before and it supposedly will have features that are brand new. It is an interesting fresh new concept / design, which could really take the industry by surprise.
As far as the dilution goes, it is an obvious and necessary evil among every single PK start up business so the bashers pounding the table day in day out about massive dilution does not really give investors any new insights or information. We all already know these PK stocks dilute and dilute. The AUDITED financials for 2011 and 2012 show that Mr Allinder has take a very modest salary and share stake in the company so IMO it does not appear to be an insider enrichment scheme as some suggest. By way of post #11743 we can see a breakdown of what shareholders received in exchange for the 2 billion share dilution over a two year period.
The company continues to receive $50,000 per month funding so IMO I cannot imagine with all those inflows the management would not step up their game and deliver real business growth and a fully reporting company and the bashers know this very well, as some point out though, they very likely simply wish to sway sentiment so they can short sell on the way down and then get in and accumulate for their own accounts at the lowest possible prices. It's not rocket science in the PK scum swamp.
We know exactly what they are all about, it's no secret. The real curiosity 2 know is how and why the SEC continues to turn a blind eye to the obvious corruption; remember, it is actually illegal to criminally bash and slander company executives in order to affect a stock's share price in order to more easily manipulate the PPS via short sales and collusion to create "pumps" and then short selling "dumps" though we witness it happening quite often.
I still believe that for the RFMK shareholder, the most valuable development which could happen is for the CEO to get his act together and deliver on promises made concerning getting an AUDITED 10K in the hands of the SEC BEFORE the end of THIS MONTH! There are about three weeks left before the deadline! Where is the AUDITED 10K?!!!!!!!!!!!!
This single document has been promised for over two years now. What is going on Mr Allinder? Prove to the RFMK followers and the greater market that you mean business and that you are not another PK stock tout crony insider and deliver REAL shareholder value via an AUDITED 10K to the SEC in the next three weeks! IMO this is the final make or break time for RFMK. If nothing happens, again, I happen to believe that even with the recent gains and accomplishment of the audited 2011 and 2012, it may not be enough to return credibility to this management team in the eyes of the market. This is it for RFMK and current management. At the very least, this alleged new dry herb vaporizer should be launched very "soon", the launch needs to be, for lack of a better word, "imminent".
I hope soon some real business accomplishments and developments happen for the shareholders here. I would certainly think that something would or at least could happen with a micro cap start up receiving $50,000 per month! Where is all that money going if they cannot even get a REQUIRED audited document submitted to the SEC?! It needs to happen for the sake of shareholders, otherwise this recent rally in the stock could prove to not be justified.
Do or do not, there is no try.
GLTA
$RFMK