1. "We will not be placing any further orders for CANNAcig and Cumulus now that we are transitioning to a vaporizer company that offers unique designs..." (read the press release)
2. Big news has been imminent and coming soon for ages.
Lastly, as a loyal long term shareholder I sincerely hope that management immediately halts any and all dilution going forward, as it has already inflated the O/S out of control in my opinion. I do not agree with the bashers that the dilution has been for nothing, the company is out of debt and we have a product line to show for the raising of the funds as well as a supposed audit and fully reporting company in the works, so I believe raising of the funds have been positive for shareholders up to now but ongoing dilution, raising of the A/S to make room for more dilution is not what I imagine Allinder's business plan is for RFMK and I would not imagine most longs would be on board for that downward spiral into triple zeros and beyond. Shareholders need a solid business plan and a hint that the company is slowly removing the training wheels and moving towards standing on its own two feet with sales and revenues. Who knows, it could have happened already in Q4 but alas, with no Q4 report or 10K what are investors to think about the recent performance or lack thereof? We have no way of knowing and that IMO is the main issue. I have been holding RFMK stock for multiple years and as of six months ago I halted my accumulation of shares because at some point the dilution train begins moving faster than investors are willing to keep the buying on full throttle, especially when there is no indication that certain business goals are getting accomplished. So far I can safely say that as a "long investor" I myself have not in any way shape or form been "generously rewarded" on my RFMK investment. I salute the CEO if indeed he is pulling an all-nighter right at this minute to get the audit and 10K filed and working each day to get closer to launching this new product but already there have been several dissapointments. It is not all bad, the company has launched the CannaCig/Cumulus which is more than I can say for many other micro cap MMJ stocks which have nothing but stories to try to get investors to buy shares. RFMK has serious potential in my opinion, but at the same time, we need to see real accomplished goals, "soon". Again, just my opinions, what do I know? Just another long complaining here, but I can say that if the 10K is filed and it looks decent and the new dry herb vaporizer is launched and it looks like the company is in full stride, watch out, despite what the useless bashers say, I will likely be back to accumulating any and all RFMK shares I can get my hands on. We shall see what happens.
GLTY
$RFMK!
