I think the key for investors to realize about RFMK and MCM is that Rapid Fire Marketing Inc. is really a marketing and branding company along with providing services to clients (small start up businesses) they have also made their main retail product for sale the line of Vapor Inhalers. The daughter company MCM has a marketing services role :
http://medicalcannabismanagement.com/services
"Our mission is to be the premier cannabis and hemp industry branding, marketing, media and public relations innovators, leveraging our team of professionals to source, evaluate and manage value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value...
Our work has had a dramatic impact on the public’s perception of the medical cannabis industry. It has heightened our clients’ profiles, and strengthened community and government relations to gain the support of elected officials and government staff.
Simply put, MCM develops and orchestrates campaigns that put our clients in the news and utilizes the power of the media to tell their story."
So MCM will be basically assisting and aiding new MMJ (primarily) businesses in their development stage and moving them into operations. These kinds of marketing services are critical for young start up companies in order to get the word out for their new businesses and get exposure. Who better than Cheryl Shuman to lead such an effort?!
I think what is discussed in this thread is important and I think the key take away is for investors to think for themselves whether or not the further legalization of MJ will potentially increase the number of new MMJ start ups or MJ businesses, keep the number the same, or decrease the number. I happen to believe that the greater number of states which legalize MJ, the greater the market will be for the marketing services that MCM will provide. Of course it is all speculation at this point, right now MCM is just starting up and laying down the framework for a business and making contacts in the industry. I think a key point to all of this is that if we were already at the point where deals and contracts were inked and made public then the stock would probably be trading much much higher because at that point the market would know as a certainty that there would necessarily be future revenues from those client relationships. At that point the investment opportunity would probably be gone for the most part, once it is all known the stock would be at higher levels and the market would have already priced in all the knowledge about the forward looking earnings. It really makes no sense to demand to see inked contracts for MCM or RFMK because it is a speculative pink sheets stock. At least at this point they have a real product selling in real stores and they are producing filings, even if delayed. Most if not all pink sheets stocks in the market are totally speculative with no real product yet, no revenues, no filings, not much of anything except speculations about the future. So I am not sure exactly what "points" are trying to be made here but I think its known to most PK investors that RFMK, for now, remains speculative, especially when considering MCM. As for the Vapor Inhaler business for RFMK, that is less speculative now that the product is actually out in stores and selling. Overall though I do not think it is too much of a stretch of the imagination to assume that with a greater number of states legalizing cannabis, there could be a greater market for MJ related marketing services for new businesses as well as generally a greater number of consumer goods used to consume MJ, such as vaporizers. Just my 2 cents.
GLTA
$RFMK
