Yes, very true, there does not seem to be much "action" in the stock anymore. Perhaps the market playas manipulating the stock finally decided that making lunch money everyday was not worth the effort and that there are plenty of better opportunities to scam people out of their investment capital elsewhere by playing the ol' short and cover games.
As for the company and the CEO, who knows what is going on. Certainly the shareholders have been left in the dark and discarded with the never ending dilution and zero corporate progress on promised reporting goals. If I'm not mistaken the CEO declared a month or two ago that the goal of getting the company fully reporting (audit) would be completed "soon" likely in a month or two, but alas, as usual, it has been a month or two since then and all shareholders have right now is silence. At this point, all the broken promises are becoming a joke. The CEO has effectively made this company the laughing stock of the industry. It's very sad for loyal longs who saw the potential in what had been promised. Basically the only bit of news shareholders have received in the last couple of months is a new promise by the CEO about an alleged dry herb vaporizer that is in the process of getting launched, and a corp update which basically showed RFMK selling a pathetic $7,000 of product over three months while Brent Fouch received half a million dollars for "general and administrative" fees ("services"). Meanwhile the PPS is once again under par value. Truly a disgrace and quite a mess for Allinder and the so called "insiders" you may think are accumulating; glad I am to be rid of this pathetic disgrace of a "company" in my speculation portfolio. I still plan to follow the story just out of curiosity but hope is not an investment strategy and at some point it's time to turn the lights out on these failed ideas. Most pink sheets companies do not make it. RFMK still has potential but without any real transparency, IMO investors just cannot take the plunge. IMO announcements of new board of directors or buzz around the new vaporizer is meaningless for shareholders. We have seen how successful two new vaporizer products have been for RFMK over a year period; they earned the company about $6,000, meanwhile the company lost $500,000 via "insiders" dumping newly issued shares for unknown "services", not "accumulating".
Do or do not, there is no try. The dark side clouds everything.
$RFMK
