I suspect he went back to iScam to keep pounding t
Post# of 11899
I suspect he went back to iScam to keep pounding the table against RFMK over there. It seems there are many who are quite busy tonight, ehhh? Wonder I do why the desperation so suddenly, attacking RFMK from all angles, but alas, none of the arguments hold any weight, they matter not. The dilution argument has been drilled and pounded into the ground for so many days in a row on end, it seems that is the default argument, yet easily cast aside by the retort that the so called free trading shares of funders were not free at all, in the most recent case, those shares cost the funder a PPS average at about $0.0045. #1 Use dilution argument. The generalisation that RFMK is a typical stinky pink is also out the window because most pinks do not have a product or any transparency or quarterly reports, RFMK coming out with 10K soon and already has shown very good financial reporting with on time quarterly reports. #2 Use 99.9% stinky pinks are scams argument. When in doubt, the bashers will circle the wagons and trumpet variations on the dilutive arguments by way of making suggestions that the PPS will never go up because of all of the alleged insiders who have unrestricted shares and are just itching any day now to dump all their shares on unsuspecting naive pink traders and investors. This does not work anymore now either because we have already seen from the most recent filings the exact number of pref shares to expect to be converted and moved into the float. Once those are converted, those are then restricted shares and so must wait an entire year to sell, unless you are assuming crony T/A shady practices, which I don't think most are. Thus, since we already have seen the O/S move up to 1.3B plus the most recent long-term (yep, long-term, $50k per month for 2 years I would say is long term) funding with the addition of 143M shares, the restricted share count is now about 350M which means the float is holding steady and will hold steady now at about 1B shares. Period. #3 Circle back to dilutive suggestive circular reasoning and examples.
You get the picture. It's a script, these bashers are actually paid by firms like Fairhills for example to do hourly contract work by spewing lies and misguided speculation at longs or anyone new looking at the boards who are looking for info about the stock before getting involved in the name. Remember, it appeared Fairhills was 50M shares short RFMK after management dropped them like a smelly old rat. They stand to lose a lot of money should RFMK stock sky rocket without first covering. See how easy it is to spew conjecture and innuendo, we can all do it. The problem with those spewing it every day 24/7 is that most followers begin to learn what their motives must be by constantly attacking RFMK everyday. They are right in one regard, it is all smoke and mirrors, the thing is, its actually what they do and say that is all smoke and mirrors. The company is doing just fine, raising solid capital for growth and funding for operations, selling tons of product via distributors and online sales, not to mention events, exposure and marketing, along with new product lines and soon major transparency with a 10K filing to the SEC and a possible uplisting.
On another note, compare the percentage daily short volume versus total volume today for RFMK and CBIS. CBIS is an example of a stock which trades normally without every day bear raids, manipulative MM tactics and shorting basher flippers who muddy the daily trading with massive short sale transactions, every single day. You cannot argue with the raw numbers, they don't lie unlike some others we know of who use rhetoric, spin, weak suggestive arguments, innuendo and generalizations to stoke fear and doubt into the minds of anyone who finds themselves listening to the spew on those boards. The problem with their assumptions is that what they dont get is that iScam makes up only a fraction of the total followers or potential investors in the market for ownership of RFMK stock. The primary reason they are all just wasting their time is that they are merely ranting to each other and a few die hard longs, most of the market has learned not to visit the iScum cronies. I guess they must feel like a wandering nomad in the desert without food or water.
20121001|RFMK|8694832|0|21633025|O
20121001|CBIS|201295|0|2471787|O