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Another solid day showing disciplined patience from longs. With the apparent contract/s signed, I'm looking forward to a very sunny day!
On another note, I would recommend taking a breather. Yesterday I made the decision to stand 100% firm with my current position. If you're in, awesome! Sit back patiently and trust your investment. Today I'm doing just that and it's been nice not checking in here so much, or watching for every little PPS movement.
Rec
LL8, that's great news! Can you PM me your e-mail? Thanks!
We are trading for less than SFI* and that one is locked. That's ridiculous to me. Only time will tell. In the short term I'm sure we'll see some back and forth until news. In the long term, we're sure to have plenty of action heading into elections.
I'm going back to bed, plus Scotty's servers are down!
Rec
Si - here is the link supporting my statement about Otherside Health Management replacing their current e-joint with the Cannacig.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71411719
...and yes, proper launch and distribution is key...but there hasn't been a launch yet so how can we make that determination yet? Can't.
And the link to Otherside Health Management LA dispensary:
http://www.othersidehm.com/start.html
I will hold off on making any comments as to why I think there are delays because I have no proof of my due diligence. Thanks though for pointing out that links should be provided with statements. Good idea! Tired, been a long day, off to bed soon. See y'all tomorrow on the boards.
Rec
I don't have the answers to your questions and they don't seem to be addressed to me. Good questions nonetheless and IF I had to answer, this is what I would say as it relates to my field:
I'm in sales. I sell a variety of the same product from different manufactures. I know a lot about my product and the field that I am in. BUT, that doesn't mean I'm going to try and buy materials and make the product myself.
Rec
Another poster suggested picking up the phone, or e-mailing the company. Maybe that's a good idea, you may be surprised by what you can find. Keep it to yourself if you don't want wild speculation running amuck though!
Rec
Glorifiedmantle? Are you still around? Any word from Otherside Health Management?
For those who don't know, Otherside Health Management is a dispensary in Los Angeles that has met with RFMK showing interest in selling the Cannacig upon launch. I was on their website and snooping around and came across the Cannabee which is an e-joint. The owner of that dispensary said they would stop carrying that one as soon as they could get the Cannacig from RFMK.
Here is a speculative guideline for pricing when the Cannacig hits shelves:
Cannacig $100 starter kit with pre-filled THC cartridges.
Replacement cartridges: $50
Average hits per cartridge: 50-75
3-4 hits for medical purposes
? hits for recreational purposes, lol
Average number of visitors per day in Lilbirdy's shop: 500
10% buy Cannacig and become regulars for refills.
Do the math. It adds up. This is just for one dispensary.
Just opinions based on my research.
Rec
Absolutely agree with that thought. Took the words right out of my mouth as I was typing....lol
Rec
Despite everyone doing their own due diligence by reading, writing, calling, etc. isn't that part of what fueled the speculation fire?
Hey, I'm guilty of it too, BUT from now on, I'm going to respectfully keep my own due diligence to myself so as not to throw anymore fuel on the fire.
Rec
Well over a million bought at .0033, then only 25K brings it down to .003. I think trade for trade will be good in the long run, but it looks like we're still seeing some manipulation here.
Rec
There will be demand for Cannacig once they are in dispensaries. I know people have rigged up an e-cig to vaporize THC oil. You can find directions by googling, or watch video on YouTube. But it's a process and who will have the patience to do that if they can just get one that's already set to go.
Yes, I'm still holding but keeping a close eye on everything...
Rec
Financing production of Gen 2? The 20M dilution brought them about $100K. How much can it cost to have these made and packaged at wholesale costs? Probably not much and the margins will be ridicuously high. Once Cannacig hits shelves, sales will finance future production. My opinion anyway.
Rec
There is NO question in my mind that the Cannacig WILL exist, WILL be available in dispensaries, and WILL provide revenue. Hopefully those with disciplined patience will benefit greatly!
Moving forward, I’m trying to be disciplined enough to hold knowing the number of possible great outcomes far outweigh the possible negative outcomes.
Nobody knows when we’ll get any news, what it will entail, or how it will be perceived. However, I don’t think anyone doubts news WILL come. It just may not be on the timeframe we were all led to believe via what RFMK has recently communicated.
Timeline of Speculative Positive Outcomes
Contracts signed and announced in PR with detailed factual numbers of how many ordered
Pictures of Cannacig in dispensaries
Reviews from users with pictures in hand
Reports of revenue
Legislation being passed on marijuana laws
Continued reports of revenue
Profits for shareholders as price per share increases
Since I’ve been in this play, morale is at an all time low. If you believe everything is still legit, there’s no way RFMK can dig a deeper hole. Too much has been documented in updates and PR news for them to get away with not coming through. It may not be the grand slam we’re all hoping for, but how often does that happen? Small ball can have the same end result as it still puts runs on the board! It just takes a bit longer.
Rec
I was just saying it's been hard to find cold hard facts as of late from any due diligence. Many people turn to message boards for healthy discussion when cold hard facts can't be found to help them understand all sides.
I try to be honorable which may mean I'm in the wrong place, as in penny stocks. But just because someone like me turns to message boards to try to learn something doesn't mean they're less deserving of making profits for taking the risk.
I'm not sure if it was implying that I'm a sucker. I'm new to trading penny stocks but please respect that I'm trying! I'd rather be lucky any day than good! But I'm trying to be good cuz I know luck only lasts so long...
- Rec
Perception - another definition to look up and try to understand. RFMK wants to convey a certain perception. Board contributors want to convey a certain perception. The truth is what you can get someone to believe, not always the cold hard facts.
What I'm struggling with is not finding enough cold hard facts down here. I'm learning that everyone has an agenda that is based on how they want you to perceive. Oy!
- Rec
Anyone contacted THC Scientific or heard anything from them? Since they are supplying the e-cig, could there be delays on their end? Sure RFMK has a licensing agreement with them, but what if lined up contracts were biggen than anticipated and all of a sudden THC Scientific can't come through fast enough on their end. That combined with all the "fine print" legalities may be the cause for delay?
Just another thought. I'm still not sure what I'm going to do, but I do like the slowly changing mood for the positive on this board since Friday.
Rec
That's fair and accurate. I don't think I fall into any of those categories. Nobody likes being in the red no matter what they have invested. I guess I'm just frustrated at the opportunity I had to sell at one point but didn't. That could've been the brand new 335i I've been eyeing.
I'm inexperienced with penny stocks and probably shouldn't be here. That doesn't mean I won't be lucky come Tuesday AM as I still have a lot of shares.
I'll just be here on standby for now.
- Rec
If the "significant" contract they are close to signing turns out to be LilBirdy's LA dispensary, and that is what the announcement is going to be, how will everyone feel about that news? Weren't we kind of already building that into our expectations? For all we know, our perception of "significant" is different from RFMK's perception of significant...
- Rec
Genuine questions:
If the "chill" was put on from improper dilution as some think, why did it take the DTC a full week to enact the chill?
If it wasn't placed due to improper handling of dilution, what caused the DTC to place the chill?
Does it appear the shareholder updates are always a day or two late as if IR is waiting to see what people are saying? Then just regurgitating the words and ideas of investors vs their own original thoughts?
Shouldn't they be the ones initiating, not the one reacting?
Perhaps it's just inexperience and pressure in the wake of all judging eyes focused on their every move.
Even though there isn't any dramatic change to the overall goal that I'm aware of, I'm ever more wary today than any other. All this chit chat here has me confused. Oy!!
- Rec (as in recreational investor who just realized today he hasn't a clue anymore)
Pass the b*ng please!
Lowman, in regards to your prvt msg to me, thank you. I take full responsibility for my own decisions and actions and therefore put blame solely on myself. I try to be honorable in all things and appreciate your kind words.
All the best,
recinvestor
A heartfelt clearing of my conscience. My sincerest apologies to anyone whose been inspired by my posts at a prior time. I'm a good hard working person and I think I got caught up in a bad game. The truth of the matter is, I think this is bigger than my overall understanding of trading.
My gut now is feeling bad. But my balls were bigger than my gut and I held. This will be a long weekend.
I'm fine with DTCC trade for trade, but I'm concerned that will lead to an eventual lock and then we won't be able to trade at all. I got caught holding the bag on SFI* and I don't want another experience like that.
I guess I shouldn't be playing the pinkies due to the risk. I'm in for about 4.6 Million. I guess I just got caught up in all the hype as an inexperienced penny trader and put too much trust in PR's and shareholder updates.
I'm more upset with myself than anything else as I had the chance to trade out with huge gains, but didn't because I got greedy.
Even though the majority of my portfolio is in big boards, nobody wants to lose anything in the market and it would take a while to regain the amount I would lose if I end up selling RFMK just from the big board stocks I hold.
I feel the only thing that can probably save my investment now, IS big news prior to the bell come Tuesday morning.
I have no idea what I will end up doing. Emotions are getting the better of me which I've learned is a big no no in pink stocks.
I'm confused and hope you don't judge my post, it is just my way of clearing my conscience.
Now that I have that off my chest, I wish everyone good luck in their decisions. I'll probably have to chalk this one up as another expensive learning experience for a recreational investor.
- recinvestor
So trade for trade is a good thing. Trading will be more stable, at least after today. And any move in share price is bound to stick.
So less erratic swings. That can be good as the PPS moves up, or just to point out, bad if the PPS moves down.
If you want to score the touchdown, it's much easier if you go long! Long I am still.
GO RFMK!
Does trade for trade mean that when someone buys, the seller MUST have shares to sell? If that is the case, wouldn't it mean there would be no naked short selling, thus reducing the amount of manipulation in every day trading?
At least that is my understanding. Please correct me if I'm wrong.
Go RFMK!
On Monday we saw the news about the Feds no longer interfering at the state level. On Tuesday we saw the shareholder update from Tom. Coincidence?
Zax, you make a very astute observation! Great post!
Go RFMK!!
Up until now, the company has always followed through. I'm willing to give them the benefit of the doubt because of that. Call it sudden growing pains, unchartered waters, inexperience with something this big, and that could be a possible reason for delays.
Maybe Tom did get itchy on the trigger and communicated prematurely. Understandable considering the excitement they must be feeling right about now. That's assuming everything they have lined up is truthful. I do believe so...I like what LilBirdy's reporting. I give him some legitimacy because I've done a little research on his dispensary here in Los Angeles.
One last thing. I'm sure we've all said things prematurely because we were just so damn excited, then had to back off a little as that thing we were excited about hadn't come to full fruition quite yet. Doesn't mean it didn't play out like we knew it would, it just took a little more time. I think those that are patient will come out very nicely.
Go RFMK! KFG still intact!
Thanks for calling me out Lowman. Yeah, I went back and read my post and on second reading it's a little stupid. See my next post for a more rational thought.
Good luck to you!
It seems we're the ones causing panic, not the actions or non actions of RFMK, Tom, or Mike.
Ever wonder if retail investors who don't have an account read the boards to help guide their decisions. You betcha! That doesn't mean their making sound choices going off Ihub board posts, but they do contribute to the trading of any given day.
It will never happen unless Ihub server goes down for the day, but I'm curious what the action would be like if there were no board discussion for a day?
GO RFMK!! KFG still intact!!
Four kinds of positions of posters here that I'm seeing.
1. All in, every dollar invested in your portfolio. Appear to be hanging their every hope on a PR. Posting behavior: compainers. Understandable.
2. Large position holders who are long, but not risking everything. Appear to be patiently waiting, posting here with giddiness in hopes that one morning they will look at their online accounts and see that their large position now becomes their largest amount of dollars percentage wise in their portfolio. Posting behavior: supporters, cheerleaders. Understandable.
3. Day traders grinding away taking small profits here and there. Posting behavior: changes from day to day based on their position. Understandable.
4. MM's. Carefully controlling the PPS movements as best they can. It practically seems criminal, yet we need them. Why? Because then the value of any given stock would be worth millions and we would all be rich. It doesn't work that way though. Posting behavior: more than likely they don't post here.
There is money to be made for everyone, just not all in the same day sometimes. Please respect the positions our fellow traders are taking. For all you know, one day you may take a different position. After all, that's what investors do.
So concludes my thought of the day and I just so happened to be at a computer to post it.
Good luck to everyone.
GO RFMK! KFG intact!
Read the very last line of the shareholder update from the 14th! Tom has some sass! With that in mind, he'll make news announcements when he's damn ready, NOT when we're ready!
Quit waiting for PR's. If you trade on the value that is to come, you'll realize any price right now is a steal.
GO RFMK!! KFG!!
Thursday and Friday will be interesting. Long weekend ahead with market closed on Monday. Whatever happens, be united and trust what made you invest in this company originally.
We have a clear, confident, and concise shareholder update from the 14th!
Cannacig launch very soon
Contracts signed with more coming
Revenues from sales
MMJ on many November ballots
State control and Fed easing
And plenty more reasons to hold long!
Let's make it a great couple days to close out the week so we can all relax and enjoy the three day weekend!
GO RFMK!!
KFG intact!!
Nice job buck! If I didn't already believe in this company from my due diligence, this is just the post I would like to see. Very interesting!
If ya know what ya own, no worries. Just a bumpy ride today that wasn't fun, but we'll get through this unscathed and be stronger in the long run!
GO ATRN!!
Nothing has changed about the company. It was manipulated big time today! Go back to the company fundamentals and remember what made you invest. Nothing has changed. Longs will come out way ahead, while short term traders grind it out. Either way, money will be made.
GO ATRN!!
Anyone still thinking of buying in really hasn't done thier due diligence. Learn about this company and you'll be able to make a sound decision. I bought in when it had already gone up 16-1700% without question because of the research I did! Still a lot of room to go up! It's not too late to get in.
Go ATRN!!
Techincally, I'm a paid pumper lol... here me out. Since I own shares in ATRN, and the PPS keeps rising, in a sense I'm making money (on paper) and in return I get all excited and start spreading the word.
crickets......
Well, I thought it was a funny thought. Looking forward to tomorrow.
GO ATRN!!
Good seeing you here too. I didn't realize you were trading here already, just took a brief look at your recent posts and didn't see any on ATRN...
Generally I don't look at the short term because I don't have the time to day trade in and out. We're definitely on the same page on the long term outlook!
We're looking pretty on our other play too! I do like the charts on that one.
GO ATRN!!
What's amazing is new people like myself are still buying in even at these levels and even after the HUGE run. That right there really tells you something. Know what you own, or know what you are buying into.
Even those with HUGE percentage gains are still holding because they know what they own! Still big gains to come in my opinion.
GO ATRN!!
ospreyeye, welcome to ATRN. I'm in another play with you and like your chart analysis over there. HOWEVER ATRN is defying all charts so I wouldn't be surprised if you get some disagreeing people over here...
Please consider taking some time to learn about this stock. I was watching it for several weeks and wanted to get in, but did my research first because it had already gone up considerably. After several days of research, I pulled the trigger and bought in. AND when I bought in, it had already gone up about 1600 - 1700%. That didn't stop me though because I did my research.
Take your time learning about ATRN, but not too long...I'm sure you'll want to join the party :)
Be well
GO ATRN!!
Smoke_em, I only wish I had jumped into ATRN sooner. But, I had so much to read, learn, and discover about ATRN before I felt comfortable just jumping in. Again, I'm a little late, but I'm here now and I've got my seat. Not giving it up either!
The other play we're in had a very solid release of information today! I'm sure you'll check it out if you haven't already. Looks like patience will pay off on that one too!
GO ATRN!!
I've got a buy limit at .0045, filled partially. I'm sure there are many who don't know about the shareholder update yet and probably won't even be aware until a PR comes out. So I'm just trying to get a last minute trade in for some added value.
GO RFMK!!
Whoa, just read the shareholder update! Solid, confident, and somewhat in your face to all the doubters.
All longs who had the balls to stick around, smile big and get lucky tonight with your loved one.
Happy V day, or should I say happy RFMK day!
GO RFMK!!