I typically think that $1.00/share for a pink shee

I typically think that $1.00/share for a pink sheets stock with 1.1B shares in the O/S is just fantasy land however for RFMK it is not entirely out of the realm of possibilities. Here is how I consider the valuations.

If we assume a rather high P/E multiple of 50, the market would be assuming that the companies annual earnings could grow by 50% each year, at least.

$1/50=$0.02/share would have to be the annual EPS. $0.02/share * 1.1B shares = $22M

This would mean that for a $1 share price to be possible for RFMK, the company would need to be making annual earnings of about $22M, that means quarterly profits of about $5.5M. If we assume that the profit margin was rather high at about half, then they would need revenue of about $11M every quarter, this means about $3.6M total proceeds from income into the company per month. If GotVape is selling about 500 units in a matter of days then let us assume a rather conservative estimate of only 5,000 units per month, and assume RFMK can sell those units to GotVape at close to $100 each, that would bring in about $500k per month from that one contract. Now they will also be selling via the current four dispensary stores along with the webstore and possibly other distributors and also globally. All combined even remaining rather conservative we could assume another $500k revenue which would bring the monthly revenue at about $1M, not quite $3.6M but these are merely assumptions. I think it would take some gigantic figures to get us to $1.00/share but even with conservative estimates based on what we know so far about the potential for future earnings, even a share price of about $0.30/share seems not too far off. Also all of these guesstimations assume an O/S of 1.1B which dilutes earnings figures quite a lot. If RFMK was making so much in earnings on a quarterly basis, I imagine it would not be a very long time until they started looking at buying back shares which would decrease the O/S. If within a year they bought back say 200M shares, that share price would nearly double to more like $0.50/share and then who knows what is possible because perhaps the market would instead pay a 100 P/E multiple instead of 50 and then voila we reach the $1.00/share price!!! I am not one to shout about dollar land, let us get to one cent first then we can talk about dime land then dollar land, etc. However, with many stocks in the cellar at .0001 with billions of shares in the O/S and no product, no sales, no nothing, its no surprise I think most are out of their minds when talk about these stocks possibly going to dollar land, but for RFMK, while it is a stretch to imagine, its actually not that far off as one might think.

Hmmmmmm

GLTA!

$RFMK!