I agree, I think the new "dry herb" vaporizer inha
Post# of 11899
I agree, I think the new "dry herb" vaporizer inhaler with proprietary technology is going to be a GAME CHANGER for RFMK and the industry. I think if RFMK becomes the industry leader and the new product becomes the industry standard for ecigs then it could really increase the level of investor interest in RFMK. I agree that depending on the level of investor inflows into RFMK in the future, what seems to be a large O/S or float now, could very easily become not a very big deal. If thousands or even hundreds of investors flock to RFMK because of an uplisting and/or new great product then no one can possibly know how the supply/demand of the shares in the float will change. I think with a doubling of the float in 12 months but no audited or verified financials to provide shareholders with transparency as to a detailed explanation of where the funds from dilution went, you are certainly right that shareholders want transparency, indeed. I agree there will not be an R/S in the future, it is possible, it is possible in ANY stock, but IMO it is highly unlikely in RFMK, I think such talk is only engineered to scare folks out of their investment and it's pure speculation anyway. So far, the CEO does indeed have a record of accomplishing certain business goals like getting funding and launching the product which cannot be taken away from his list of successes. I think what destroys credibility is the lack of an audit and 10K/uplisting for so many months. I think when/if the CEO finally delivers on that promise, the negativists will no longer have any ground to stand on and surely their arguments will turn to rants engineered to deceive by way of complaining about details in the 10K, like how many pref shares were converted over 2012, the common share issuances, etc. But all of that will be in the past. One major positive the company has going for it is ZERO DEBT on the balance sheet. Many of the other MMJ micro caps do not have the product line or potential compared to RFMK yet they have massive debt and higher market caps, purely because the investor interest is higher which is likely caused by a whole array of factors, the least of which is just traders not wanting to trade RFMK because of the chart patterns. All of that could change very quickly once uplisted to the OTCBB.
I am very interested in hearing about the joint ventures RFMK hinted and about the details of the new product. I agree, Cheryl Shuman is a major factor going forward for RFMK and she is a brilliant marketing guru and she has the chance more than any other ecig company to produce results from massive advertisting and marketing campaigns nationwide; she already has! THE SHU has brought star power and a laser guided focus into our midst for RFMK and she continues to amaze all with her business savvy. THE SHU ROCKS!! The force is strong with her.
The other point I would add is that many of the negativists always rant that RFMK has a lot of competition in the space, and that is true, however, as an investor in the stock market, I cannot invest in those other companies like THC Scientific or the others, but I CAN invest in RFMK and it really is the only true ecig play right now in the market; VPCO is the other but has its own issues, right now with patent lawsuits and a base of mostly insiders. I think net-net, RFMK is a great way to invest in and play the potential of the ecig market but it's not all a rosy picture so investors must see the good side AND the dark side.
You must unlearn what you have learned.
GLTA
$RFMK