While it is true that each particular MMJ stock in the sector will have its own day to day reasons for the PPS movements it experiences, I still think that the point made about the MMJ sector not performing so well overall since the Nov 6 elections is a valid conclusion. Look at CBIS today, down 17%, for CBIS that is a pretty rough day, you have to admit. Others were down as well today. I don't think anyone is claiming that the losses today were necessarily caused by the sector being down, but I would be more inclined to see a stock-specific reason if say the sector was up big and RFMK was down big but today was a down day for all and RFMK was down so not very suprising to me; just my opinion.
These rumors about VNDM always being attached to alleged dumping of newly issued shares is just pure speculation. Vandham Securities is just another market maker, not special or unique about them other than they are one of the MMs in the list iScum story tellers tell tale tales about in order to further obfuscate the truth. I have seen various MMs dumping heavily, shorting heavily and even buying heavily and aggressively in a myriad PK stocks on any given day. Yes today perhaps VNDM had a client aggressively driving down the price but it does not necessarily mean dilution directly from the company. Even if there was 50M newly issued shares to sell, that has a dilutive effect of 3%. The PPS may get "destroyed" on any given day from one or a few participants for any number of reasons but IMO the spot price in any PK stock that has 1.5B shares does not mean much, especially when 78M shares trade intraday. I will agree though that the volume was larger than average and actually that is a good sign, the stock needs more volume and if it means the price must come down to trigger that greater volume then IMO that is healthy action for the long term. You care about daily PPS fluctuations only if you are a flipper or a long who cannot stand going into the "RED" occasionally IMO.
I agree the higher volume block trades down low today at .0013, etc did not look like retail trading, so that is fine, we can assume it was possibly just market makers swapping large blocks of shares between themselves. Even assuming that one of the MMs had 50M shares to offload, then fine, perhaps those MMs were still heavily short the stock used those cheap shares to cover, just guessing. Perhaps it was a client who simply wanted out and was dumping as was suggested by a cowboy on iScrub, but believe what you wish to believe, its all just hilarious speculation. Think about it though, why would any long term RFMK shareholder decide now on the cusp of possibly great things to come to freak out and finally capitulate at near par value for the stock?! Why would they hold for weeks or months and then one day decide they cant take it anymore and sell 30M shares, all in a single day when really no robust bid exists?! They would be guaranteeing themselves a painful slaughter as they ripped themselves out of the position. Would it not be wiser for a retail long to slowly cut out over time, bit by bit to support the price in order to get the best average price per share sold??! Sure, it could have been one MM dumping newly issued shares to other MMs on the cheap, but if that is the case, then so be it, it would represent about a 3% dilution against longs. What does that dilution mean for the company long term? They had ALL their debts wiped away and are allegedly now getting about $50k per month funding to grow the business. What is that worth? Know that, thank you, next question... 
Vandham Securities Corp is not the problem, Ironridge is not the problem, 50M shares diluted into a 1.5B O/S to secure very decent funding for the business to grow is not the problem, the MMJ sector is not the problem. So what is the problem?? IMO ... no buyers yet, so no robust bid to support much liquidity so price gets completely "destroyed" when any holders wish to liquidate fast or when MMs want to shuffle shares between themselves to help each others positions (they work together and for each other by the way, always). Why no robust bid? There is no real transparency yet because no 10K. The O/S is large enough now that it would take quite a decent sized and robust set of bids to support the PPS in the stock and move it higher. Just my honest opinions, as usual.
May the force be with us.
$RFMK
