The February 28th shareholder update .... rapid-f
Post# of 11899
Posted On: 08/10/2013 6:09:01 PM
The February 28th shareholder update ....
rapid-fire-marketing.com/update-to-shareholders-regarding-rapid-fire-marketings-business
"I have put a lot of time and effort into the “getting fully reporting” process because this is the single biggest thing that we can do to add substantial value to this Company in the short term."
"Once the audit is complete, we will file the 10K and send the Form 10 immediately thereafter."
"...we have built all of our 2010-2013 records into our Netsuite system which makes the audit a lot easier for our consulting firm as well as the auditing firm."
"When will the audit be completed and the 10K filed? I am hopeful it will be very soon. I have also discussed (in detail) the timing of getting to fully reporting status with our auditors and consulting firm and they believe the entire process, (10K and Form 10) could be complete within 60 days."
"...we are close enough to completing the process of getting this Company fully reporting that we are in the process of getting the chill lifted now."
"I wanted to wait to get the 10K filed before any management team additions and board members were announced. We are close enough to getting the 10K off to the SEC that I will start making announcements regarding management team additions and board members within the next few weeks."
Again, this was all the word of the CEO back in February of this year.
Uhhmmm, what is going on???!!!! It is now August and all shareholders here have seen is one juvenile Q1 report which showed negligible sales/revenues and a shady unexplained $500,000 pay-off to an insider. No board members announcements have been made, no 10K filing, no audit, no Form 10, no 15c211, no chill removal, etc etc etc.
We recently received more promises about the expected launch of a new dry herb vaporizer product but all that was said was that it had "design" issues and so went back to HexCorp and will be delayed and re-tested. So I am not sure where that leaves shareholders or the company. The CEO has failed to bring shareholder value. All we have seen since this shareholder update is the O/S explode past 2 Billion shares and the stock price falling well below par value. In my humble opinion, the CEO needs to either deliver, now, or resign and step aside. IMO it is make or break for RFMK and this CEO, this month.
How about it Mr Allinder? Deliver shareholder value....
Do or do not, there is no try.
GLTA
$RFMK
rapid-fire-marketing.com/update-to-shareholders-regarding-rapid-fire-marketings-business
"I have put a lot of time and effort into the “getting fully reporting” process because this is the single biggest thing that we can do to add substantial value to this Company in the short term."
"Once the audit is complete, we will file the 10K and send the Form 10 immediately thereafter."
"...we have built all of our 2010-2013 records into our Netsuite system which makes the audit a lot easier for our consulting firm as well as the auditing firm."
"When will the audit be completed and the 10K filed? I am hopeful it will be very soon. I have also discussed (in detail) the timing of getting to fully reporting status with our auditors and consulting firm and they believe the entire process, (10K and Form 10) could be complete within 60 days."
"...we are close enough to completing the process of getting this Company fully reporting that we are in the process of getting the chill lifted now."
"I wanted to wait to get the 10K filed before any management team additions and board members were announced. We are close enough to getting the 10K off to the SEC that I will start making announcements regarding management team additions and board members within the next few weeks."
Again, this was all the word of the CEO back in February of this year.
Uhhmmm, what is going on???!!!! It is now August and all shareholders here have seen is one juvenile Q1 report which showed negligible sales/revenues and a shady unexplained $500,000 pay-off to an insider. No board members announcements have been made, no 10K filing, no audit, no Form 10, no 15c211, no chill removal, etc etc etc.
We recently received more promises about the expected launch of a new dry herb vaporizer product but all that was said was that it had "design" issues and so went back to HexCorp and will be delayed and re-tested. So I am not sure where that leaves shareholders or the company. The CEO has failed to bring shareholder value. All we have seen since this shareholder update is the O/S explode past 2 Billion shares and the stock price falling well below par value. In my humble opinion, the CEO needs to either deliver, now, or resign and step aside. IMO it is make or break for RFMK and this CEO, this month.
How about it Mr Allinder? Deliver shareholder value....
Do or do not, there is no try.
GLTA
$RFMK
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