I feel a disturbance in the force. The CEO has bee
Post# of 11899
I feel a disturbance in the force. The CEO has been unusually quiet over the past month or so, which I applaud; as I have stated in the past, IMO it is better for the CEO to just do his work in the background of getting this company to fully reporting status and uplisted to the OTCBB than to spin his gears chasing market sentiment with daily and weekly fluff updates which only help the flippers with their usual pump and dump operations in the stock (all the while, blaming management for the stock gyrations). As a loyal long term shareholder, in my opinion, not hearing anything for a while is actually perhaps a good sign that the CEO is just taking his work seriously and getting corporate goals accomplished during these quiet times; hopefully.
We all know there were massive delays with the audit and 10K filing and so it did not happen before the end of 2012. What is in the past is done and it seems logical that because of the delay the company might as well have made the decision to then roll into the 10K the Q4 and all of 2012, which IMO must have extended the audit even longer. This is all well and good, however, at this point, shareholders have been waiting since mid August 2012 to see an audit completed and to finally be able to read an audited 10K filing on the SEC's EDGAR website. This needs to HAPPEN as soon as possible, not "soon", not "expected" or "imminent" but as soon as it is possible. The question is, why is the audit taking so long?! Why does it take many months to put together the financials for Q4 for a micro cap start up company with very little sales and revenues?! We can all understand if it is a "long arduous process" but eventually months and years go by and shareholders are left questioning the CEO's credibility and unkept promises. I will not turn into a basher just because the CEO has had failures along the way as regards timing of corporate accomplishments, or lack thereof. The CEO has made outstanding accomplishments with developing and launching the product, securing funding, hiring the best MMJ spokesperson in the industry (THE SHU) along with pulling this corporation out of the gutter and into the mainstream. However, IMO, shareholders are always wanting more, that is just the nature of things. And I would hope that shareholders never are satisfied and become complacent so long as the O/S continues to grow. With such massive dilution, IMO the shareholders DESERVE to see greater performance by the CEO along with credibility restored by way of a completed audit and 10K filing on EDGAR.
WHERE IS THE AUDITED 10K FILING?!!!
As for the stock, by now, I would hope that most followers would understand that the company does not equate to the stock, especially in pinky land (scum swamp). The shady market participants will tell you all about how scummy the scum swamp is and they know all too well how murky it is because typically they themselves participate in all the manipulation of sentiment and sub-penny pump and dumps so they attempt to spin their deceit with a web of lies on internet message boards with a myriad handles/avatars and usernames in hopes to encircle the sheeple for shearing, time and again, and then throw management under the bus and point to all the dilution as the culprit for all the fiasco pump and dumping going on in the stock. But we are smarter than that usual song and dance which has been going on for years on "other" boards which are nothing more than criminal foreign stock manipulation rings (monitoring user web traffic and acquiring users credit card data, etc). We do our due diligence and come to our own conclusions about the companies and stocks; hopefully. I sincerely hope here at IH most of the posters do not have ulterior agendas and simply wish to share their perspectives on the stocks we discuss, openly and fairly. We all realize there are pros and cons, there have been accomplishments but there are also ongoing concerns for shareholders to think about. IMO we cannot only paint a rosy picture for RFMK, but at the same time, I for one refuse to allow sentiment to be manipulated by those of whom have an obvious agenda and wish to create chaos for investors by way of spinning their web of lies, deceit and innuendo. There are plenty of facts to discuss about RFMK as well as varying perspectives and opinions on what we know up to this point.
Hopefully, Mr Allinder will deliver shareholder value at some point. I for one will be entirely satisfied as a long term shareholder once I am actually READING the AUDITED 10K from the official SEC EDGAR website. Until then, I happen to be patiently waiting for real accomplished corporate developments. Just my 2 cents...
Do or do not, there is no try.
GLTA
$RFMK