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Yup, having a hard time validating a position, like comparing plugin units to a portable unit... What a great comparison!!! LMAO
They do have a product, though ATM it is SOLD OUT! not to worry though, the second order will be here soon enough..
Great, then you will be able to take a picture for us and prove me wrong, correct?
I though we were debating the differences between the examples you provided and the VI units... I guess now were moving on to renewed claims of dilution..... I suppose I can claim RFMK is initiating a share buy back program too...
unless you have some proof to back up your claim???
No actually I just reread the original post, the poster asked for comparable units that vape raw plant material... none of the units you listed are even remotely comparable.. First, the ones you have shown all use an electrical outlet, Second, they ALL are MUCH larger than a cannacig, PP, or PPP... Third, NONE of the units you are comparing are PORTABLE...last, the cheapest one of your examples was $150... our units currently retail for $99.95.
Again, none of the units you are comparing are even remotely close to our units...
BTW, no one is talking about burning anything, these are vaporizers and do not burn the material, whether were talking raw plant material or hash.... I really think you may want to do some more DD on this....
AGAIN, NONE OF YOUR EXAMPLES ARE PORTABLE... HOW CAN THEY BE COMPARABLE? please, which one of your examples fit into ones pocket and do NOT require and electrical outlet to operate? LMAO
BTW I used to personally own one of these Vapir one units, used it all the time, until one day the blower motor shorted out and I got a huge lung full of the most nasty, foul tasting, burnt electronic smoke you could imagine... yeah that's gotta be real healthy!
LMAO, how exactly are those portable? the ones you've shown are all plug in models and NONE work with hash oils...lets see someone put a dab of oil in the cartridge that comes with that vapir one, it would run right through the disk and onto the heating element. LOL
As I mentioned, the audit firm is asking for HUNDREDS OF THOUSANDS to complete the entire process.... do you honestly think 2k cannacigs are going to cover the next order and the audit firm costs? LMAO
Lets not forget Tom also announced funding the PP and PPP... hum, I wonder where that money came from.......
LMAO, again if you would just read the PR's and shareholder updates you would realize that 100million shares you keep referring to was a previous founder cashing out.This has already been addressed. Though we have already had this conversation MANY times..
Do you have any clue how much the audit firm is going to cost? FYI, it is going to be much higher than 100k... feel free to call tom and discuss this with him, I am sure he is more than will to discuss this with you....
His question was in regards to the CannaCig... not another companies e-cig... I was only answering his direct question about the CannaCig......
um.. if people would just take the time to read the PR's and Shareholder updates they would already know where that money is going....
In case you missed it, I am including the shareholder update dated 4-17-2012 below: PLEASE READ IT!
http://rapid-fire-marketing.com/update-to-shareholders-17-april-2012
As you are aware of, last week we initiated a $100,000 funding for the Company which resulted in an issuance of 47M shares into the marketplace. This was a difficult decision for me because I hate short term funding. However, at this point we have only one way to finance ourselves which is via the short term funding solution always used by this Company.
Here is Why:
Rapid Fire Marketing is a NON-REPORTING OTC Company. Being non-reporting essentially means we have no “credit rating” with growth funders. Having no credit rating means the only funding we qualify for is highly collateralized which means selling stock to an investor at a 50% discount to the market price.
In the month or so since I became CEO, I have looked at many funders and have been contacted by many funders. None offer a better solution than what we have right now for a non-reporting OTC Company. We are stuck in this circumstance. So… we need to change our circumstances.
Knowing the non-reporting status of this Company, I started taking steps to fix this problem on day one as the new CEO.
In order to get a better funding deal, we must start the process of becoming fully reporting. This is a big process; none of it is going to be easy or particularly pleasant to go though. However, it must be done.
We have a number of funders interested in giving us the long term growth funding we are looking for IF: We initiate the process of becoming fully reporting.
Over the last several weeks, I have talked to a number of firms that perform the process of audits and filing the S-1. We have to work with the right firm in order to do this in a cost effective and expeditious manner. I have narrowed the field down to one firm in California. I am expecting the proposal from them any time now.
If their proposal is reasonable, and I do expect it to be after all of the conversations we have had back and forth, we will engage this firm to initiate the process of getting Rapid Fire Marketing to fully reporting status.
Once this firm is engaged, we can then go to several funders and get a deal done with regard to the long term growth funding we are looking for to grow Rapid Fire Marketing for not just a month or two but indefinitely.
Expenses
Going back to the $100K funding we did, here is how we are spending the money:
CannaCig 2nd round production: $30,000-50,000
Retain Firm to Become Fully Reporting: $10,000-20,000 (estimate)
Fund and get Sales Office in Los Angeles operational: $8,000
Clearing Investor Debt: $11,000 (this is the last of debt the Company owes to previous investors that funded the Company)
Start R&D of the Pocket Puffer and Power Pocket Puffer; initial outlay is $1,500…
As you can see, we are spending a lot of the $100K on things this Company needs to do RIGHT NOW.
We do expect to have a reasonably quick turnaround with a 100%+ margin on the 2nd round of the CannaCigs because most of them are going to distributors. Once that money is in, we will go to a third round and use all of the proceeds and profits to continually increase the order size.
Additionally, we are working with our producer to decrease the production costs of the second round. Any reduction in costs will add to our margins… Also bear in mind that we had some minor issues with the first production round; all of these issues have been resolved and when the 2nd round of CannaCigs come in, they will be ready to ship off to distributors without delay.
Obviously the CannaCig is a major part of our business here at Rapid Fire Marketing. I am so thankful to have Judah Neiditch to work with at Otherside Health Management. His hard work, 7 days a week, has made this whole business possible. I cannot say enough about his efforts and the results he has produced for this Company.
Going Forward…
If we are able to retain a firm to begin the process of getting fully reporting and if we are able to get a long term growth funding, it will completely change timelines and strategy of this Company. I am confident we will achieve both objectives.
With regard to moving toward getting fully reporting and getting long term growth funding, it does not happen overnight. I have been working every day including weekends to realize these two objectives. While there are some investors that think I am a Genie and all I have to do is cross my arms over my chest and make funding and fully reporting status appear instantaneously, most of you understand what a big endeavor this is.
As long as I am the CEO of this Company, I will continually work to turn this into a REAL COMPANY. I have been in the micro caps for well more than a decade and I am sick of the micros. Once we are in the process of becoming fully reporting, the next process will be to file the 15c211 to move to the OTCBB.
REAL COMPANY
Another part of being a real company is having a management team and board of directors. I have talked about this before. In order to be viewed as a real company, we need to be structured like a real company. The days of having one officer and one employee will soon be a thing of the past.
I am interviewing individuals for management positions as well as board of directors appointments. I have already made the first appointment to the board of directors. The name of the individual will remain undisclosed for now; reason being that publication of names of management team members and board of director appointments will complicate and delay the S-1 filing. Be assured that anyone that I select will be highly qualified and will have the same vision that I do which is substantial growth of this Company.
Within the next few months Rapid Fire Marketing will undergo substantial changes and begin to look and run like a real company.
Becoming fully reporting having a growth funding in place, having a management team and a board of directors will greatly ease the process of getting our full DTC eligibility back.
We have much work in front of us… But, we are going to work through every task and get this Company where it needs to be.
Badge, I found no humor in your question, sorry you felt that way... I found humor in the fact that I answered your question and you still proceeded to act like you did not know the answer when you replied to me...
For those who have found this question a bit challenging... The shipping and sales tax IS NOT INCLUDED IN THE UNIT PRICE!
DID YOU EVEN READ MY REPLY OR ARE YOU JUST IGNORING WHAT I SAID?
PLEASE reread my last post....
Customer pays shipping, just like every other business in the world... LMAO btw, in the real world of business, even when companies advertise free shipping, the customer is still paying it, only it is hidden in the price of what ever they are buying...
Same general rule for sales tax... though, that's the beauty of internet sales, out of state customers are not required to pay sales tax....
I am sorry curious, that is information I will not share. And quite honestly, it is NONE of anyone business on this board... I am NOT in any way affiliated with RFMK other than offering their items for sale... and before I am accused of being biased, I would suggest contacting Tabo and asking if they will share their numbers, I bet you will receive the same type of response...
Kels,
Lets get real here, First, I could care less what the current PPS is, I am personally still UP, and whether or not I remain up, I am in this for the long run....
Second, you claim false expectations, REALLY? I hope you are not implying I am the one creating false expectations..As I highly doubt that! Especially considering I own the website www.thecannacig.com and I KNOW how many Pre-Order requests I am receiving from both retail customers as well as wholesale inquires... you have NO IDEA how many I have received!!
you asked what is wrong with "this opinion of advice" well my answer is, coming from someone who has NO clue of the amount of pre-orders that are coming into my site, Well, I think I'll stick with what I KNOW to be truth, not another's speculation.. again, I am the one who is actually receiving pre-order request's here....... So, I think I have more of a leg to stand on with my argument!
Lastly, you claim that RFMK has "just" received $750k through dilution... according to your number provided that would mean that RFMK has sold 250million shares with an average of .003.. you used the word "just" so I am to assume you are claiming this is recent. PLEASE SHOW ME WHERE RFMK HAS "JUST" diluted 250 million shares.... again, you said "just" so were not talking in the last year here, were talking recently as you have suggested......
Ball is in your court!
Hey buddy, they finally let you out of slammer! nice to have you back!
yes I agree, we need to be realistic here, nothing happens overnight, even though some want it that way! IMO Tom is doing EVERYTHING he can to make this a real, legit company, but it takes time...
I think some might have lost site of the big picture here. yes we all want to make money as fast as we can, but a true investor is willing to wait..
I am willing to wait it out, and without saying too much, if others knew how big this is about to get, they would too!!!
LMAO, no valid news.. now that is just ridiculous IMO.. do you honestly feel bringing a product to market, financing, audit, larger orders, new BOD etc etc are not Valid news?
IMO, RFMK is doing everything they need to and then some,,, sorry if that does not all happen quick enough for those who have taken the position of a flip trade, but for me, as a TRUE long, I feel Tom/RFMK is taking all the RIGHT steps to become a real, profitable, company...
Yes they will! and from what I'm hearing, those online orders are already piling up! ;)
Rapid Fire Marketing (Pink Sheets: RFMK) announced today that the Company has negotiated a deal with a California Manufacturer to begin the development of the Pocket Puffer and the Power Pocket Puffer. Development is anticipated to begin early next. Once all specifications are met, the manufacturing facility will set up the new unit for production. Rapid Fire Marketing will also file for a patent of the new device once complete and approved.
Rapid Fire Marketing (Pink Sheets: RFMK) announced today that the Company has negotiated a deal with a California Manufacturer to begin the development of the Pocket Puffer and the Power Pocket Puffer. Development is anticipated to begin early next. Once all specifications are met, the manufacturing facility will set up the new unit for production. Rapid Fire Marketing will also file for a patent of the new device once complete and approved.
"It is important to continue to upgrade products, make improvements as well as create new products. This is a fast moving business and to stay ahead of the competitors, we must have something new and better in development all the time," said Tom Allinder, CEO of Rapid Fire Marketing.
"It has been a dream of mine to design a product from the start. I am going to incorporate ideas and technology I have seen in my many years in this industry along with some improvements that have been needed on personal vapor devices," said Judah Neiditch of Otherside Health Management. "With the research done, and great trust in our development team, I see a future device that works with both plant matter and oils, doesn't over heat, is discrete, portable and small, doesn't drip, is easy to travel with, and works right the first time and every time thereafter. The group we have decided to develop this revolutionary product with has developed vaporizers in the past and I have complete faith in their abilities to take my ideas and create the device I, and many others, have waited years for. This will be industry-changing technology, developed by an actual user, for a price that impacts the market, and sets the standard for all products that follow. With technology partnerships, our own manufacturers and distribution points around the globe, my dream is becoming a reality. These are very exciting times and I am glad to be on the forefront during the start of this phenomenon," Neiditch said.
Safe Harbor:
NEW PR OUT SECOND PR!!!!
Not exactly my friend, seems you "forgot" to post one last time the bid and ask raised up, but you sure got one up as soon as it dropped back down
You must have read my mind! It's almost too obvious! maybe they should learn to be a little more discreet, might work out better for them.. LMAO
Funny, Sif i'm just wondering why you are only posting L2 shots when the ask price drops... how come we don't see these L2 shots when the ask raises??? Seems a bit one sided, don't ya think?
YUP! and I believe I know exactly who it is too, and it's NOT NITE IMO.....
Maybe you could call OHM and ask? I'm sure Judah would love to answer your questions sif! ;)
It appears to me that NITE wants them! LOL
yup, because their big number scared someone into selling, they no longer need their fake numbers up.... that explains the 1 million jump a little while ago... hopefully the person selling those shares will smarten up and realize it is just a game by NITE
Sif maybe your right, NITE has a 4 million wall up, maybe we should all sell now! LMAO, I know people with 10x's that amount...
Exactly, LAFC is just a pawn of NITE's there only there to show support and help scare people into selling to NITE... this same thing happened last time too, but once someone hit LAFC hard they went running with their tail between their legs
Sif, that is just for the Cannacig, not the Pocket Puffer lines... I thought you realized that.
Exactly! no one in their right mind is going to show all those shares at once.. just another scare tactic by NITE, they want them cheap shares.....
How is this not good for RFMK? you do realize that their devices are not medical devices and will be sold in stores nationwide, not just dispensaries, don't you? I really think you might need to do a bit more DD...