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What has changed with the money issue? Nothing bad. They still have the same cash as a week ago, a onto ago for all we know. The thing that has changed is the CEO said they will not be diluting to fund mass production. The are getting other funding non dilutive. That sounds like a good thing to me.
Also, there are restrictions on Mike's stock, which I am sure you know but are not acknowledging because you want cheap shares. He can't sell for at least a few more months.
You could come up with some reasons why you think it would trend down. None of your mentioned reasons make any sense at all.
1. Product will be released by the end of the month. If it is not, then it will trend down, but not before that.
2. Tom has stated multiple times, he does not want to dilute and is very against it he has also stated that he has multiple OFFERS from various investment firms for long term funding to avoid dilution.
3. This is just ludacris. If product is being manufactured, why would any OEM have basis for lawsuit. That is just crazy to even bring up. If it is not being manufactured, well honestly a lawsuit won't matter anyways because ost of us will sell out if no product is on the shelf by the end of the month.
4. Products are put to market as patent pending. Most products rarely have a finalized patent when they hit the market. Patent pending protects the products just fine!
There are reasons why this could down trend on Monday, but I think it has more to do with investors not taking the time to see what is going o and understanding what great news this was for the switch to Tom as CEO.
We have been at the show the the product part for a month now. Nothing has changed in that regard. We ALL want to see it.
They have stated numerous time it will be on the shelves by the end of the month. I will give them until then, if we haven't seen pics by then.......I'm out like a fat kid playing dodge ball.
That's still over two weeks away though! No need to get my panties in a bunch until then!
Tom has been the investor relations and basically face of the company for about 5-6 months now.
Pure speculation, but Mike was just a middleman between Tom, Judah, and the business plan for the CannaCig. It's like if you wanted to start a business, but your wife was a stay at home mom and wanted to be a part of every decision. You would have to explain it to her, then give her time to say ok. Things would get done, but it would take forever and is annoying!
At least, that's my though. Mike will still be there doing the exact same thing, without slowing down Toms process. Tom can now pull the trigger on things without having to sit down with mike and explain it all to him before it gets done.
From speaking with Tom over the last few months, it appeared that Mike stood in the way of the business side of the business moving as fast as Tom was pushing it. I know for a fact Tom was in a waiting position for Mike to sign off on things.
I think this is great, great news. Tom will get this pushed along fast!
This is my last post so I will just add this.... Mike was not forced out, nobody has control to do that. He is still the President of the company and will be doing everything he has been doing in the past. I think his was more about giving Tom a permanent position at the company and giving him authority to make funding deals, which he is more experienced to pull off. Not too mention, I believe this is part of the plan to get off the DTC chill, as only having one employee formthe entire company is a major red flag for DTC chilling. Also, how is Tom going to be taken seriously going into meetings about funding the company when he doesn't hold the CEO title and have the authority to say yes to a deal on the spot!
Lol. Respect your opinion. But perhaps you could give Tom a call this weekend. I think you'd change your mind.
Either way, good luck to you!
He who laughs last laughs the hardest. The RFMK story is far from over. Let's see who has the last laugh!
I will call you from Vegas, baby!
How easy would it have been to pump out some PR this morning, then dilute into it? Hell, 99% of pinkies would have done that in this scenario. Yet, Tom has busted his a$$ to get non dilutive funding for the company.
Who the hell is going to say he doesn't have our interests in mind!
I for one, am very pleased with Tom and am thrilled he gained the power he did today! Speaks volumes for the increase potential of RFMK.
Pure speculation, but Mike was just a middleman between Tom, Judah, and the business plan for the CannaCig. It's like if you wanted to start a business, but your wife was a stay at home mom and wanted to be a part of every decision. You would have to explain it to her, then give her time to say ok. Things would get done, but it would take forever and is annoying!
At least, that's my though. Mike will still be there doing the exact same thing, without slowing down Toms process. Tom can now pull the trigger on things without having to sit down with mike and explain it all to him before it gets done.
From speaking with Tom over the last few months, it appeared that Mike stood in the way of the business side of the business moving as fast as Tom was pushing it. I know for a fact Tom was in a waiting position for Mike to sign off on things.
I think this is great, great news. Tom will get this pushed along fast!
Patents can take years and years. I would be interested to know what the actual percentage of products go to market with a finalized patent. As long as the patent is filed for and pending, it is safe. Most products have "patent pending"
I will say that I spoke with Cheryl, the CEO of Green Asset Inc. and she was planning on speaking with Tom yesterday or today.
I will say that I spoke with Cheryl, the CEO of Green Asset Inc. and she was planning on speaking with Tom yesterday or today.
I'm putting the undies up on eBay. Taking payment in RFMK shares only!
Good to see you back here Glorified. If you are here buying again, maybe I should be selling my shirt to get more shares of RFMK!
Looks like most of the tweets are straight from PR's.
Lots of buzz tonight! Can't wait to see what tomorrow brings!
Great to hear! That's what we all, well most of us, believe is about to go down!
Do you have an investment in RFMK yet? Or did you just find out about this on Twitter tonight?
Would have been a nice plan, but they need to keep good on their word and have it released by the end of the month, which they are still on track to do!
Did everyone read the article about Green Asset Inc putting $100 million into MMJ?
I am not going to elaborate, but in part of my continued daily DD for RFMK, I contacted the investor relations director for Green Asset Inc today to ask her about RFMK. Since the funding was just announced yesterday, she had not spoken with Tom yet, but she is planning on contacting him.
RFMK is for real folks!
They better buy them before my $12,000 tax refund gets here. Looking to go discount shopping at the RFMK supermarket!
OHM does not have them in stock. Don't know why you would start that rumor. I just called.
Please elaborate with details, sir!
It's not fact and wouldn't be speculation if he did some DD. The CannaCig is an RFMK original custom design.
I am guessing that is a Cedar Point reference. I like it!
Link?
Lol, I can't stop laughing. Link?
I'm all over it. Last day to get in before it doubles, triples, even quadruples in very short order. RFMK going to be a beast.
Lol, right on! Thanks!
Gogo.... You have this ask slap at 3:59:55 today?
Come on buddy. You can sign up and create a website within 5 minutes. The only restriction is if someone owns the domain already or not!
Lazy is just capitalizing off people thinking thighs be the Official CannaCig site, but it is not. Great vision lazy, make that money!
LL8,
Thanks buddy! Looking great for this week. Holding tight with my KFG! Actually picked up another 800,000 this week. It pays to do DD! People are going to regret not holding tight. All they have to do is ask around to see the potential here!
A 20 bagger would put this at roughly .08. That would be a market cap of roughly 60 million. With dispensaries, online, retail, and international sales? I think it is easy to see the potential here!
That is all BS.
D you know what that 9 million is? It is not debt like you are stating. It's shareholder equity
That strong bid support all day trying to scoop up cheapies. I wonder if we see something after hours or tomorrow?
I think they might have stuck around a few years!
Lol. Very true. That bid is enough for someone to sell out if they want. I don't see it happening. People still in are holding for this huge potential. And we should have a verdict within the next 3 weeks!
Huge support at .004, almost 3 million
It has gone from virtually non existent to lots of chatter over the past few weeks and is really getting strong. @CannaCig
Great DD prince
I might be referencing my emails with Tom, rather than public information, but I am almost positive this has been release in PR's.....
The technology is different than what is currently out there. Mike has created a different atomizer, or something like that. One of the reasons they didn't go with THC Scientific is because they wanted a great product that improved on anything else hat was out there. This will not be a repackaged anything. It will be RFMKs original designed THC E cig. I thought this was already laid out in PR's?