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Re: Siforus post# 22524

Thursday, 02/23/2012 11:58:06 PM

Thursday, February 23, 2012 11:58:06 PM

Post# of 220802
RFMK - Tom Allinder

How ironic.

Tom Allinder runs a website called DTCchill.com which offers a service to remove DTC chills and help with the reinstatement of DTC eligibility for companies that have been slapped with DTC trade restrictions.

http://dtcchill.com/services

What does that say about his ability to provide a quality service when a company he is very closely tied to (RFMK) receives a DTC chill?

Then again maybe now he can get RFMK to pay him for two services - promotional services and DTC chill related services.

Since Tom Allinder is the same person that once tried to convince people that SpongeTech Delivery Systems (SPNG) was a legitimate respectable company and a good long term investment. I'm not sure how much credibility or respect he really deserves in the penny stock world.

http://tomallinder.com/spongetech-pump-and-dump-not-so-fast


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Isn't RFMK the same company that was pump&dumped last summer touting all these major agreements and amazing steps forward in their business operations having to do with medical marijuana and e-cigs then only showed a grand total of $3,468 in sales for the entire year of 2011?

That $3,468 number is especially dismal when you consider that RFMK sold no product in 2010 and for the 2010 and 2011 calender years had a combined $5,300,000 in operating expenses.

If you go through their limited disclosure they offer in their OTC filings you get a little bit of information about what RFMK is all about.

RFMK was once a Joseph Meuse / Belmont Partners shell back in 2007. Meuse sold controlling interest of the shell (50.001%) to Brent Fouch in May of 2007.

At the end of 2007 there were no preferred shares outstanding then by March of 2008 there were 13,000,000 preferred shares outstanding. Preferred shares convert into common shares at a ratio of 30:1. So 13,000,000 Preferred shares = 390,000,000 common shares.

We are never told in any of the filings who owned those 13,000,000 preferred shares or how or why they were obtained.

What we are able to find though is how those preferred shares were used to make somebody very rich during the pump&dump phases of the stock.

During the last quarter of the 2010 calender year 1,757,000 of the 13,000,000 preferred shares were converted into 52,000,000 common shares. The RMFK share price dropped from $.02/share at the start of the quarter to $.0062/share by December 31, 2010.

Those 52,000,000 shares continued to be dumped during the first quarter of the 2011 calender year and the share price continued to fall all the way down to $.0028/share by March 31, 2011.



The well must have run dry because the next big batch of preferred share conversions took place between March 31, 2011 and June 30, 2011. During that quarter another 5,300,000 preferred shares were converted into another 159,000,000 common shares.

The stock price was briefly pumped up to $.015/share during a 2 day stretch from April 22 - April 24, then it was dumped back down to $.0043/share by May 11th. The next pump started on May 12th and was supported by a couple dozen press releases touting all these great promises of future revenues. The stock price shot up to $.03/share on May 13th and then was once again dumped back down by our mysterious preferred share owner settling down in the $.001/share - $.002/share range for several weeks during the last 3 - 4 months of 2011.



Before the 2011 calender year ended another 5,600,000 preferred shares were converted into another 168,000,000 common shares. That would have brought the original total of 13,000,000 preferred shares down to 343,000, but during the 2011 calender year another 3,000,000 new preferred shares were issued to an unnamed individual for $3,000 worth of services and another 1,000,000 preferred shares were sold to an unnamed buyer for $139,050.

Those 3,000,000 preferred shares convert into 90,000,000 common shares making that $3,000 worth of services worth $324,000 at today's close.

Those 1,000,000 preferred shares convert into 30,000,000 common shares making that $139,050 worth $.004635/share. A value that RFMK will have a hard time hitting again due to the rapidly growing outstanding share count.

According to the 2011 annual report RFMK had 691,918,022 common shares outstanding as of December 31, 2011 and another 4,343,000 preferred shares outstanding (convertible into 130,290,000 common shares) as of December 31, 2011.

Some of those 691,918,022 outstanding shares may have been converted preferred shares that were waiting to be sold into this most recent little pump&dump being done on the stock.



Or more preferred share conversions could have taken place since the start of the new year. Guess we'll have to wait for the next quarterly report to find out.

Interesting how the company uses their outstanding share count from December 31, 2010 (225,438,022) to mislead investors by saying it is the outstanding share count as of December 31, 2011 on the OTC information page:

http://www.otcmarkets.com/stock/RFMK/company-info



Also interesting how the company started converting preferred shares as far back as late 2010, yet they didn't designate the preferred shares with the Nevada SOS until September of 2011:

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=aJSHsb3z5h5QNO1ndSeUPg%253d%253d&CorpName=RAPID+FIRE+MARKETING%2c+INC.



If I had to guess I would probably say that the way the Series A Preferred shares were being converted and dumped into the market all while the company was releasing over-hyped and misleading press releases probably was the biggest reason for the DTCC chill.

I'd personally love to know who owned/owns those preferred shares.









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