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I tried to warn everyone. I'm so glad in out.
You want his phone number?
You're right. They do have a purpose for acquiring the new company. I'm sure that once all the legalities are finalized, the 100,000,000 shares mike gave to himself on the last set of financials will no longer be restricted. Then, as u restricted shares, they are eligible to enter the public float. Just watch. By the way, congrats for quitting smoking.
I hate to say, "I told you". But, I did. IMO, this stock is nothing but a scam.
I have Mike's cell phone number. Anyone want it?
I have a question. Does this acquisition make those 100,000,000 shares ( so mike can control 51+%) of restricted stock unrestricted? Mike, you are so good. Well played, Mike.
According to Mike, it would have been the largest order ever placed. And did I mention that this is a place which can be found not only on the Internet, but on google maps too? I just doubled the availability of bionic cigs. Had the transaction occurred, Bionic cigs customers had two different places to obtain ecigs. You have to admit that it's a huge deal. Anyway, all is well. I wound up getting some really good ideas from this fiasco. I guess 800 bucks is a relatively cheap lesson. I know it could have been worse.
Fishy huh? Why would i make it up?
If no one buys anymore of this, mike and Brent are done here.
It was the first land-based retail store to sell bionics. RFMK should have bent over backwards for this guy. It would have been a class move for the order to have been personally delivered, especially since it was the first. Also, I needed him to sign the exclusivity contract.
It's just ridiculous. I promise everyone I am telling the truth regarding Mike's lack of help and flexibility. I asked Mike for $250 so I could drive to SC to personally deliver the order. I thought we owed the retailer, especially since it was the first land-based one. Mike told me, "We can't afford it." LOL. I mean, come on. It wasn't like I was asking to fly 1st class to SC. I was driving my car, and on my time. I just wanted some gas money since I wasn't making very much on the sale. Sigh.
Good morning everyone. I have some information. First of all, please know i have liquidated all of my shares of RFMK, and I have zero interest or position in RFMK. Here we go......
About two weeks ago, I sold 20 kits and 25 sets of cartridges to a store in SC. It would have been the 1st land-based store for BIONIC cigs. How exciting! In addition, this store was going to sign an exclusivity agreement and not sell any other brand of ecigs. This was a 2000 dollar + order. I would think Mike would bend over backwards to get this order placed and on the shelves. But, he didn't. It made me think he didn't want to make money. It was very curious. Mike made promises to me and then broke them.
You do what you want. But, I'm done. You have been warned, just as many of us were by Pipboy. Remember?
Ummm. You and I are polar opposites (no pun intended) as far as our feelings about RFMK.
For the day, with respect to RFMK trades, the ratio of sells to buys is 2 to 1.
I disagree. There was a trade (sell) for 200,00 shares @ .0041. Within minutes, there was another trade (buy) for 10,000 shares @ .0045. Hmmm. Even if it isn't, it just looks sketchy.
Mike told me the same thing. All restricted shared of stock that were issued can not be redeemed for 2 years. After 2 years, it can only be redeemed at 1% per quarter. The extra shares were also issued so Mike can retain 50+ percent of the company.
No. You, too, should "need" it changed. No offense. I come in Peace. But, this board intro looks like the minor leagues. It's sad. I'm sure many great posts are lost/never read because of it. I wont read anything - except the replies from my fans :) - from this board until this board changes the intro to reflect the change to MWIP.
Are the mission statements and goals the same as CMSI? Same owners? Who knows? Who is running this show?
I apologize if this has been answered before. Why hasn't the intro to this board been changed to reflect the new name and symbol change?
And another thing, what the hell was that BS trade for 1000 shares all about at EOD? I mean, come on. And, yet, we are being told that everything is being played on top of the table? Hmmm. I don't know. I hope so. It doesn't matter either way; I'm going down with the ship. Go RFMK!
As with anything that gets used over and over, it needs to be cleaned (with it being the atomizer). Don't you think the funk and gunk the atomizer filters out of the nicotine and whatever else is in the cartridge ( i think it's glycerine), should be cleaned, at least occasionally?
And, people, I repeat:
DO NOT submerge, rinse, sprinkle, dab,blot, rub, immerse, engulf, bury, pat, press, mop, swab, apply, stroke, bathe, drip, drench, splash, hose-down, clean or cleanse your BIONIC e-cigarette with any or in any kind of liquid, including any type of drinking or rubbing alcohol. Are there any questions?
The list of verbs, in a way, is a tribute to George Carlin. He was the best.
Ummmm. I'll have to look at mine. I don't remember reading anything that suggested submerging/rinsing the BIONIC to clean it. Hold on.....I'll go look.......
nope. It's not in there.
Lol, who told you to do it that way?
I have to know. How do you clean them? In water?
Yes, but the filter, the cotton, is only good for so long. I'm sure the cleaner you keep it, the better it vapes. But, what do I know?
Don't fill up your BIONIC with that crap juice stuff. That liquid juice build up on the atomizer. Don't do it man.
That 8,000,000 + sell/dump at EOD is very sad to see. My god. WTF?
You see, here is what's interesting: that major block of over 8 million, the one sold at EOD for (.0041), which was lower than the bid price at the time of the trade (0044.), was also exactly 10 % less (although , sigh, we had to round up b/c of the 5) of the, then, , ask price (.0045) .
Sigh. I would imagine that is some kind of stipulation when selling restricted shares. What do you think?
LMFAO at that 8,000,000 + sell/dump. My god. WTF?
You see here is what's interesting: that major block of over 8 million, the one sold at EOD for (.0041), which is lower than the bid price was at the time of the trade (0044.). It was also exactly 10 % less (although , sigh, we had to round up b/c of the 5) of the, then, current ask(.0045) price. Sigh. I would imagine that is some kind of stipulation when selling restricted shares. What do you think?
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First of all, I know none of you know me, but I wouldn't post BS. I originally emailed Mike about the massive selling in the last 2 days. Here ya go....
From : mike amezquita <mike@bioniccigs.com> | Block Sender
To : xxxxxxxxxxxe@juno.com
Subject : rfmk
Date : Tue, Jul 19, 2011 04:03 PM
Spencer,
The Company has not released any new shares to the market. Shares that were
purchased by shareholders in 2008 were freed up after the restriction period
was over and we believe those have been sold and out of the way now. Any
selling going on now is from the open market shareholders. We are on track
to release financials every quarter now and I do know some shareholders were
disappointed that our revenues weren't higher for 2nd quarter. With the
marketing kicked off and our goal to eliminate dilution, the pps should be
free to climb.
We will update with significant news shortly. We want to see the pps where
it should be as well and will endeavor to do all we can to make it happen.
I got an email from Mike last night - if anyone is interested.
I just spoke with Mike. After explaining the selling situation, he said he would try to get some answers for me, and that he would call me back.
Unless you just absolutely, 100%, need your money. Then, you do have what you have to do. And, to all those unfortunate souls, I'm sorry; I hope your situation improves.
Well MFer. Sigh. I'm going to call Mike again. As Ricki would say to Lucy, " Oh Lucy, You have some esplaining to do."
I hate being lied to. Maybe PipBoy was right. Anyone remember him? *smile*
I disagree. No one is panic selling 1/2 million shares. IMO, it would be too much of a loss if you had that many shares - unless you're kngmn :)
WTF? I was told that most, if not all of the restricted shares from 2008-2009, had been redeemed. Can someone explain to me the 2 trades of over 1.2 million shares, at a ridiculous price, that just occurred? I just don't get it. Panic selling? Nah. WTF? This BS happened all day yesterday too. WTF?
I'd be really, really pissed if my BIONIC e- cig wasn't working so well.
I'm jealous. I wish I had more $ to stick in here. IMO, I think you'll be handsomely rewarded. GL. Although, the 5 to 6 million shares sold in the last hour sure smells a lot like the last couple of weeks. I guess we'll see. Go RFMK
I agree. I would also like to mention that since 2009, ZERO restricted shares have been issued to anyone by RFMK, except to Mike, the controlling officer; that was only to keep 51% control. Those shares cannot be redeemed for two years. After two years, Mike is only allowed to redeem 1% of those shares per quarter. Mike says he will not redeem any of his officer shares until RFMK is in a much better financial place than it is right now. Believe it or not.
Well, I think the company's financials, integrity, and future direction far supersede any product it has. Let me flip this on you. Why, IYO, is MMJ the most integral part of this company?
MMJ was not discussed. For me, that wasn't top priority. At the top of my list was Brent Fouch, all the selling and the financials.
I had a conference call with Mike on Saturday morning. Jeff, the investor relations person, was also in attendance. They assured and guaranteed me that most, if not all, of the restricted shares have been sold. These shares were held by 3 different individuals. I repeat, The majority of the restricted shares are gone.
The selling we have seen in the last few weeks is not dilution. I know how it appeared. But, It was just a matter of the former officers redeeming their shares. I repeat: The restricted shares from 2008-2009 have, for the most part, have been sold. This was NOT dilution. I will post the highlights from the phone conference later.
I guess it's possible that I was lied to for over an hour on the phone. But, I am going to choose to look at this glass as half-full.
A much larger atomizer.