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The public is always the last to know what is going on. All we can do is watch the stock. It is clear, something is about to go down.
Tried to hit that .0044 ask, but someone threw up .0035 in front before it could execute.
That would have turned some heads!
Bid 33 ask 44.......... What?
Forget about THC Scientific.
No way do we have what it takes to buy them out. Also, we would be much smarter to produce our own, rather than license it from them. Licensing fees would demolish our margins.
My thoughts......the hold up has been RFMK finding someone to produce an original RFMK THC ecig. Way more money in that.
Great news. Now let's erase that post so it's a bigger surprise when it hits. Lol.
Update is in....... Waiting on update.
Look att he volume Friday. We were gobbling it all up.
Just throwing it out there.... Don't you think it would be better if RFMK created their own Thcecig that is not licensed from THC scientific? I'm sure any license would be expensive. Also, if RFMK wants to be on the cutting edge of technology, they should be developing there own. THC is a competitor and getting licensing from them, our technology will always be a step behind or equal to them at best.
Just my opinion. Thoughts?
Read your post again buddy. You are looking at it completely the wrong way. By your logic, now is the time to get in, right? All these eyes, waiting, just waiting for news to send this skyward. Take advantage or don't, that is up to you.
I thought all this DTCC crap was put to rest. This is trading just fine. I don't get what the big deal is. Move in to something that matters, like contracts or demand for product.
Instead of speculating, do the math. If this PPS holds the cross will happen feb 29th.
Golden cross will hit on feb 29th if it closes at .0031 until then.
Schwab traded just like normal.
Prince,
I agree. The contracts are going to be for the Gen 2. This is the huge money maker for the company. That is why they are making sure everything is in place.
These contracts will be for the Gen 2. Guaranteed.
Did my .0033 hit in time? Showing in trades, but not on closing price!
Lol.
That about sums it up!
Agree completely Rec. My guess is the 100k went straight to production of the Gen 2. Sales will fuel future production. The margin on these I am sure is rediculous.
The contract wasn't done. How can they sign it if it wasn't done? Logic dictates it should be finalized before signed, right?
Why would they do a trial? The product has a huge demand. As soon as it is ready, it will fly off the shelves.
I am not sure there are MAJOR dispensaries. So any contract will be a good thing. Dispensaries know the demand for this type of product, they will want it.
The significance should be that multiple dispensaries are signed up.
RFMK is a great bounce play at this point. golden cross is in the Horizon and should cross at some point by the middle of next week.
When news comes out regarding the signed contracts, we skyrocket. What happens after that will depend on what the company does regarding he financing of Gen 2 product. In any case, this is a great long term investment. Short term should see a huge spike, which will get the flippers to spike then drop then a steady rise.
Either way, this should be fun for everyone, short, long, flippers, etc.
More eyes, more volume, more money flying around for everyone to get a piece of......if that includes the company so they can mass produce, so be it.
Yeah, they are taking shares like a champ. I wonder how many they are accumulating. That should be a HUGE sign of a run about to start.
You may be right about another increase coming so they can sell more shares. In any case, dilution for mass production of an actual product would be alright with me.
Also, like I have mentioned before, I wouldn't be surprised if Gen 2 is the product the are signing distribution deals for. Gen 1 may in fact be an afterthought at this point and may never see the market.
Hunter- are those your flip shares at .0033?
It is probably flippers. MM's seem to be waiting on it to take off.
FYI, the golden cross is still intact. If it closes at .0031 until February 29, it will cross on that day. Looks like that is worst case scenario. Any push up in the PPS will make it cross all that much faster.
I just hit the .0032 for 85k to try and get this moving. Know I could have gotten it cheaper....just trying to help push this up.
Where are all the sellers? DC? You can get out now above your .0028 target. Or are you back on the bandwagon again? It seems you change like the weather.
I've got the ammo to add a million tomorrow as well. We will see how this plays out. These prices are too cheap to pass up.
I couldn't tell you one thing she says. Once I see it is her posting, I skip to the next one.
No doubt. When PR hits, this goes bananas. Whether it be tomorrow or in a month. Patience pays.
Wow man, it's called a joke.
For all this doom and gloom............. RFMK trading even on the day. Love the consolidation here. Look for a breakout tomorrow if we close even today!
Huge bounce play on Tuesday.
If I wasn't long,I would definitely be playing this inevitable bounce coming.
Oh, I forgot to mention....I am still holding long. Pinkies are a gamble, you know that going into them.
Does this stock have a chance to go to .0001? Sure. Does this stock have a chance to hit a dime? Sure does.
I am willing to take a gamble that my $20,000 investment has a much better chance to hit $600,000, than $600. Not a bad investment in my book, in pinkyland.
Tom has become an intricate part of RFMKs future. Due to the fact of you not knowing that, you may want to do some more DD. I am not saying you need to love this company and it's potential. I think you are just missing a lot of the research many of us longs have put into understanding what is going on.
I am sure the CEO knows what the IR posts. But please refrain from calling Tom the CEO. He is not the CEO.
He's the IR, not the CEO.
Can't wait. I have two tenants that pay me rent on the 16th of the month. That will be deposited tonight and ready to add to my position tomorrow. Definitely didn't think I could get shares this cheap at this point.
From the transfer agent. Email just received:
Good Afternoon,
Total authorized: 2,000,000,000
Total issued and outstanding as of today: 744,918,022
Total restricted as of today: 304,565,212
ALSO,
Assuming a closing price consistent with today's closing, the golden cross of the 50 day over the 200 day moving average will occur on Thursday, February 23rd.
Went from 724 to 744