Beau, Let me ask you; You Don't agree with Yoda
Post# of 11899
Beau, Let me ask you; You Don't agree with Yoda's rebuttal in regards to your Post on the RFMK Debt ? I saw your Post on IHUB earlier today. Would you care to substantiate or clarify your position ?
Here's your RFMK Status!
There is a cumulative Deficit of nearly $10M , going back to May 2007 and I'll refer to it as a "Debt Owed"..
The burden of that “DEFICIT” has almost entirely been placed on the "Backs” of RFMK Shareholders!
Most here "Know" what can happen when continuing and mounting deficits are not brought under control..
Quote:
Large and growing deficits over prolonged periods of time are unsustainable in most cases, irrespective of whether they are incurred by an individual, corporation or government. Huge deficits over a number of years can wipe out equity for an individual or a company's shareholders, eventually leaving bankruptcy as the only option.
Read more: http://www.investopedia.com/terms/d/deficit.a...z2LOGJNBuD
If we had a situation where RFMK funds, acquired over last year, were put to use as some sort of a business stimulus, then RFMK just might have a chance! But, here we are a year later.. We’ve seen less than $25K in Revenues… Seems like most are excusing the fact that Q4 will be minimal at best.. and we still haven’t heard squat about how business is progressing and what’s happening with the $900K in Retail Vapes!!
IMMSHO.. We are on the verge of seeing the “Bottom Fall Out” with RFMK. End of Story. GLTU Levs.
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