Great discussion, Cheryl, thanks for sharing. I l
Post# of 11899
Great discussion, Cheryl, thanks for sharing.
I liked what you stated about RFMK and the CannaCig/Cumulus products starting at about 1:09:00 in the video. It is very interesting hearing you describe your thoughts about RFMK as a "holding company". It appears Mr Allinder and you are on the same page as regards RFMK's future role in the emerging cannabis industry. I agree that building a brand name is critical for any emerging business and if that brand becomes a household name then the parent company will necessarily do extremely well IMO. I think it's very smart to have the goal of using the line of HauteVape products as stylized personal accessories as well as the usual purpose of vaping. I have the feeling once RFMK follows up on corporate goals, possible acquisitions could really add shareholder value via bolt-on revenue streams. I think the naysayers get so caught up in focusing solely on the A/S increasing, the O/S increasing and ongoing dilution, they never consider what the potential is for the use of that dilution in getting the company firstly out of debt and into a positive equity financial situation and onto standing on its own two feet with profits, revenues and operating cash flow, not to mention bolt-on acquisitions which could literally be immediately value-added by way of additional revenue streams for the acquired businesses. I think that for RFMK to get bogged down in focusing all its resources, time and energy into the CannaCig/Cumulus product line is not a strong path for growth so it is very bullish to hear that you AND the CEO talking about possible acquisitions going forward; I think that is a superb and favored business plan moving forward. Of course, IMO we need to actually get certain steps accomplished before that ball can begin rolling but I think once Allinder delivers for shareholders in that regard, the sky is the limit. Just my opinions.
Laser sharp focus.
$RFMK