I think it would be wise for more people here to f
Post# of 11899
I think it would be wise for more people here to follow your lead. This board is lucky to have you. I appreciate your response and you do have my respect. It is my hope that you would agree, that with such an immense movement over the last year.. specifically in reference to the float, significant PPS movement becomes increasingly challenging to achieve as the volume of the float increases.
Therefore, without a Toxic Financing Exit Strategy, the float will continue to increase and RFMK's ability to enable value added returns for shareholders, continues to be diminished.
If RFMK's business plan was to rapidly achieve profitability via the sales of the Vapes... then why on God's green earth did they get into a 30 month "PIPE" agreement..
With proper execution of the business plan.. RFMK should "Now" be on the cusp of becoming a self sustaining business entity.
This was exactly the direction that RFMK CEO Tom Allinder promoted to people nearly a year ago.
I strongly fear that RFMK is suffering from a huge failure to execute on it's original plan, and dare say, I believe the RFMK "Business Plan" has evolved into a spiraling Toxic Mess.
Mr. Allinder also promoted RFMK's ability to become far more transparent via the 10-K... well.. we all know that there are other forms of transparency that can be shared with Investors. If indeed Mr. Allinder was on the Up and Up, he would share the information via "one way or another", without the 10-K..
Stating that all will be "clear" once the 10-K is completed.. IMSHO.. is just an excuse. If Mr. Allinder really wants to move RFMK forward, he should come clean, share all the "Facts", and do the best he can to move business forward.
I have gone back and performed a great degree of Due Diligence on Mr. Allinder's involvements with his "Other" businesses and other companies that he has worked with in the past. HotStockChat.com, TomAllinder.com, Coastal Capital, Spongetech, Bebida Beverage, and many many others..
I have read a number of his articles, postings, writings, etc... many in reference to the importance of the 10-k for Pink Sheet companies, and just how immensely critical it is to not go the way of the grossly ineffective "PIPE" financing. Yet, here we are with at least two more years of ongoing dilution staring us in the face and still no 10-k.
Honestly, is it at all possible that Mr. Allinder could be using the "Long and Arduous Pursuit of the 10-k" as a method of actually "Masking" Transparency?
RFMK can have all the Rah Rah Rah in the world, but in the end it all boils down to performance.
I'd settle for even a tidbit of good performance to reveal itself from the RFMK camp.
I just don't see it... and in an attempt at revealing some level of open-mindedness, I'll say "Yet"
Thank you again for your reply EliteYoda and Good luck to you. Do enjoy your weekend.