I could not agree more. RFMK shareholders are basi
Post# of 11899
I could not agree more. RFMK shareholders are basically getting sabotaged by their own CEO, it appears. It almost as if the CEO is purposefully sandbagging this company for some reason or another, at least to an outside observer with limited (public only) knowledge, it appears that way.
This has been going on for over a year now, with the CEO drumming up excitement and talking up the potential and then nothing happens. Granted, he did get the CannaCig and the Cumulus products launched, so we must give him credit where credit is due. This is what keeps me hopeful that the dry herb vaporizer will in fact get launched at some point and wind up not to be just hot air to pump the stock. However, for over a year now we have heard the same jargon every other month about plans and expectations to get the audit done, provide filings to get uplisted, etc etc. Nothing has happened. I think this is why there seems to be zero interest on behalf of investors/traders (no bid). No corporate progress whatsoever. I think it's safe to say this CEO has failed. The audited 10K should have been released when MJ was legalized during the Nov elections. The Ironridge funding should have been enough for the company to clean up the balance sheet and move forward with product launches and getting sales and revenues rolling but instead after a year of funding, we see a Q1 filing showing that most of those funds were effectively handed over to some insider by the name of Fouch. It all smells, very badly, me thinks.
Hopefully for the sake of RFMK shareholders, this "CEO" can get his act together and get a firm to complete a simple audit of a micro cap company with virtually no sales/revenues soon.
And all of these poor fundamentals amidst the laughable "technicals"... LOL
20130628|RFMK|3230000|0|16768751|O
16:03:27 | 0.0008 | 13275251 | OTO | |
15:57:30 | 0.0008 | 2516200 | OTO | |
15:56:47 | 0.0008 | 7483751 | OTO |
Really?! Really?! These crony market manipulators have taken T-trades and daily shorting and covering to the Nth degree at this point. It's laughable. It's so manipulated the figures don't even add up anymore. I guess they figure the SEC is busy enough with Raj R and other high profile cases so now they don't even bother hiding their daily manipulations. The PK market is indeed a scum swamp of questionable characters but unlike what many anonymous posters will tell you on the internet, the scum is not only the CEO's and the insiders but the wonderful folks "providing liquidity" as well.
GLTA, you're going to need it.
$RFMK