Good post, and great points, I agree. I think eve
Post# of 11899
Good post, and great points, I agree.
I think even with the massive dilution, it was a necessary evil in order to bump the company up out of from the typical rut that micro cap stocks find themselves in which becomes a slow death spiral of dilution but no corp progress because no money. Our CEO has done a phenomenal job in wrangling this company out from that kind of rut and working to make it a real company. Of course the audit and 10K is the main step toward total success on the corporate side. Until that happens I think most of the market will just look at this company as another "stinky pinky", etc.
I am not suprised by the filing of the unaudited 2011 report, its just another tiny step in the larger picture of what the CEO is doing on the reporting side. Basically the original 2011 report was a mickey mouse fragment of a financial sheet of paper, not worth the paper it was printed on but this report posted a few days ago actually has a lot more information. It looks to me like the CEO is just starting off by updating prior filings with better and more complete information, while perchance he waits for the audit to complete and he can submit the audited 10K for 2012.
Nice points about HEMP and other opportunities for RFMK and MCM to service new and growing MJ businesses. I think eventually once RFMK becomes its true self, the primary source of income generation will not necessarily be from selling vaporizers but it could be from contracts via MCM from a more marketing service oriented approach.
I remain hopeful, as always, but I agree that the CEO needs to end this stalemate "soon" and just proceed with "getting R done".
GLTY
$RFMK