I agree with EliteYoda, that the RFMK float is in
Post# of 11899
I agree with EliteYoda, that the RFMK float is in and around 1.35 Billion.
I also believe that the RFMK float has increased by nearly a Billion over the last year..
This can be truly detrimental to the RFMK "Stock" and it's ability to sustain significant price per share increases. Rapidly inflating and or Large floats, invite so many others who are involved in the frequent manipulation of stock prices here on the pinks. This, in my opinion, will be a massive challenge for RFMK going forward..
Also IMO, Mr. Allinder has pretty much run out of time to execute and NOW is the time to make a major move forward for RFMK.
I can't emphasize enough how important it is for RFMK to begin to deliver significant results in revenue generating activity. NOW!
In just a few weeks, if Mr. Allinder does not deliver, Ironridge Global will see it's 180 Day Period on Share Shorting Restrictions.. Expire. They are allowed to hold up to 9.99% of RFMK's OS, which now represents up to 168.5 Million Shares, as the current OS, as of Feb. 15, is 1.685B
If Mr. Allinder doesn't deliver, Ironridge may decide to short RFMK. This is a rapidly approaching and very real possibility.