RFMK Shareholder Update 7/15/2015 Rapid Fire Ma
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Posted On: 07/15/2015 1:58:34 PM
RFMK Shareholder Update 7/15/2015
Rapid Fire Marketing Issues PocketPuffer Update
By the way, for those of whom are claiming that RFMK does not have a product, navigate to thecannacig.com and take note that the Cumulus is still available for sale to the general public.
Also of note was how Allinder mentioned in the PR that by the third round of shipping, the general sales can begin, indicating that the commitments for units for the EMMY Awards and pre-sales could be as high as 1,000 units, since it was claimed that the initial batch will be 200 units and subsequent batches could be up to 800 units.
Perhaps there were a greater number of pre-sales than many had originally thought.
The production molding issue at the manufacturing plant does sound like a legitimate excuse for what can only be considered a 'hope' for it to be the final delay. It is believable that a Chinese factory could have these kinds of issues and then get them resolved, however many have already expressed doubts about Allinder and what has been promised for years and there always seems to be yet another delay of this or that whilst no real PocketPuffer ever emerges.
The farm deal also seems strange, questionable and suspect. As RFMK is a holding company, one would think that its first order of business should be to acquire another micro-cap company which already has an established process and income stream and just hold that for a while and see where that business goes. Constantly branching out fumbling around trying new business models, this and that, and then nothing ever get accomplished or there is never any success as regards the company becoming a profitable enterprise is at best concerning and at worst alarming. Management has a fiduciary responsibility to shareholders to quit spending investor monies on tangents and dead-end projects and instead begin actually growing shareholder value by way of setting up a real stable productive income stream and cash flow, otherwise known as a 'business'.
I guess we will all see what happens by the time August and/or September come around but in my opinion until Allinder actually delivers on promises made going on many many years now, especially with constant dilution and a stock cellar boxed with billions of shares getting shuffled around at $0.0001 and no bid, it appears investors, traders and those following the story may be cautious in dealing in the company's securities.
Do or do not, there is no try.
Rapid Fire Marketing Issues PocketPuffer Update
Quote:
Rapid Fire Marketing (OTC Pink Sheets:RFMK) has issued the following update on the Company's The PocketPuffer(TM) Dry Herbal Vaporizer:
The PocketPuffer(TM) has experienced delays because of design modifications and changes to the unit at the factory. The latest round of delays has been because of the requisite creation of production molds. CEO Tom Allinder demanded a formal letter from the manufacturer on the status of the production of the unit and expected delivery date. Response was as follows:
The molding issue has been resolved and the units will begin to be assembled the week of July 13, 2015. Once 200 units are complete, they will ship the units to our fulfillment facility. From that point on every 500-800 units will be shipped when completed. Provided there are no more delays, RFMK can expect the first units to arrive in late August or early September. Additionally, photos and videos of assembly will be provided for the Company to upload to its website for shareholders to view.
This will enable the Company to meet Public Relations commitments such as the EMMY Award Gift Bags, and reviewer commitments as well as provide winners of the drawing for a free PocketPuffer(TM) with their units.
Individuals that have signed up for the pre-sale will have their units shortly thereafter. By the third round of shipping, RFMK will have units available for general sales.
Tom Allinder, CEO of Rapid Fire Marketing, said, "Getting a formal letter from the manufacturer gives me a much greater sense of confidence that we will be getting PocketPuffers in a timely manner. My biggest concerns were delivering these units for our shareholders, who have displayed patience with this difficult process. Hopefully, the delays are behind us and we can get these units in to fulfill all of our commitments and pre-sales and subsequently general sales."
By the way, for those of whom are claiming that RFMK does not have a product, navigate to thecannacig.com and take note that the Cumulus is still available for sale to the general public.
Also of note was how Allinder mentioned in the PR that by the third round of shipping, the general sales can begin, indicating that the commitments for units for the EMMY Awards and pre-sales could be as high as 1,000 units, since it was claimed that the initial batch will be 200 units and subsequent batches could be up to 800 units.
Perhaps there were a greater number of pre-sales than many had originally thought.
The production molding issue at the manufacturing plant does sound like a legitimate excuse for what can only be considered a 'hope' for it to be the final delay. It is believable that a Chinese factory could have these kinds of issues and then get them resolved, however many have already expressed doubts about Allinder and what has been promised for years and there always seems to be yet another delay of this or that whilst no real PocketPuffer ever emerges.
The farm deal also seems strange, questionable and suspect. As RFMK is a holding company, one would think that its first order of business should be to acquire another micro-cap company which already has an established process and income stream and just hold that for a while and see where that business goes. Constantly branching out fumbling around trying new business models, this and that, and then nothing ever get accomplished or there is never any success as regards the company becoming a profitable enterprise is at best concerning and at worst alarming. Management has a fiduciary responsibility to shareholders to quit spending investor monies on tangents and dead-end projects and instead begin actually growing shareholder value by way of setting up a real stable productive income stream and cash flow, otherwise known as a 'business'.
I guess we will all see what happens by the time August and/or September come around but in my opinion until Allinder actually delivers on promises made going on many many years now, especially with constant dilution and a stock cellar boxed with billions of shares getting shuffled around at $0.0001 and no bid, it appears investors, traders and those following the story may be cautious in dealing in the company's securities.
Do or do not, there is no try.
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