BigChief, read my PM I sent you as well.  The IN

BigChief, read my PM I sent you as well. 

The INITIAL issuance was for an exact number of shares == 143,500,000
The calculations you used to find get to the .00168 average PPS is well and good to figure out how much those shares would have paid toward the original equity financing sum of $700,000, specifically, $241,000, however it tells us nothing as to how many shares potentially Ironridge could receive or how quickly they would get paid off for the first part of the investment (the equity deal). In my post I was using the 200 DMA at .003 to more or less try to figure out over time a rough estimate as to how many shares Ironridge could eventually accrue via issuances at various price points and using that how large potentially could the O/S grow to.
Now, each time RFMK makes a new issuance in order to give them shares they are entitled to in order to close the gap, there is a new 5 day volume weighted average PPS to consider. Therefore the .002 is irrelevant if used for the Oct 25th possible issuance. During that newer time frame, the volume weighted avg price would be more like .0029, in my post I just averaged to the 200 DMA of .003, thats why I used that number, I was originally only seeking what I thought would be about the total average over future time while these issuances continue to be made to seal the deal with the FIRST investment plan which is the EQUITY financing. This $50k per month deal is the SECOND part which is completely different, its a CASH financing (DEBT) which may or may not have even started for RFMK yet.

If we are considering .0029 (recent) versus .002 when the initial issuance occurred for a specific number of shares then we can see that the average PPS for Ironridge will constantly be changing as they receive new shares over time. What the final average price will be we cannot know but as for the INITIAL issuance of that 143,500,000 block of shares, sure it would be 70% of the .002 price but that block basically only paid for about $241,000 of the $700,000 equity financing.

As time goes on and more shares are issuanced, Ironridge will receive fewer or greater number of shares depending on if the PPS moves down or up, respectively, but in the end, once they pay off the $700k via obtaining shares which were valued at certain prices when issued, (no matter if they are sold or not), the first part of the deal, the equity financing, will be complete. THEN the debt financing of $50k/month will kick in. They are completely seperate, as I understand it.
Cheers

$RFMK!