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People will still pay outrageous prices (imo) for cigs. A $5 can of CBD coffee is out of reach for many and as you said these tough times make it out of reach for more.
I have never had Starbucks in my life but a lot of people line up every day to spend $3 or more on a drink there.
VATE does not need 100% market coverage and be the biggest company around. They need loyal customers (like me) that buy and appreciate what their products do for them. CBD has benefits worth paying for.
A rare discount is available now. I suggest any that haven't tried lemon tea do as I have done and buy 12 for $30.50 with free shipping. Label has been updated but taste formula hasn't changed.
I'd like VATE to sell either the tea business or the coffee business - does not matter to me which one. Take the proceeds to excel in the remaining business. Also get rid of the small side businesses if they haven't already.
Another chance for you to buy at the absolute low and sell when it comes back up. And post for all of us to see once you "sell".
Anyone know SEC turnaround time for Form 10? Certainly clout within RFMK will get them moved towards the top of the paper stack.
Hopefully a product related PR will follow soon. This faint pulse surely is a step up. RFMK
Tess Robins ?@Soothing8 10 Nov
@MarijuanaStocks @CherylShuman When will Rapid Fire Market get out of the toilet?
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Cheryl Shuman ?@CherylShuman @Soothing8 @MarijuanaStocks I haven't worked with them in almost a year out of disgusted frustration at management.
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Laughing Paul Ryan
1:45 PM - 10 Nov 13
So you can't buy it and you can't sell it; but you can possess 2.5 ounces. Sounds like you have to grow it! Talk about being in the sweet spot.......Go PHOT
Maybe some large, rich company on the hook will buy out PTSC (for a large sum of course) and then fully stick it to their competitors that did not comply earlier.
I initiated this a couple days ago so I'll respond. All IMO.....
. Saw medical marijuana (18 mo. ago) as a potential rapid emerging industry. The acceptance among people was increasing at a rapid pace. I'd compare it to casinos - went from taboo to towns fighting each other to get one built locally.
. Living in Indiana my opportunity to participate in this industry consists of buying stock. Still can't buy Sunday liquor in Indiana - med. mmj probably 15 years away.
. Bought RFMK along with 2 of the other mmj plays. Sold the one currently at 2 cents within a week. Still have 25% of the one currently around .14. Bought RFMK 15 or more times over past 18 mo. and have never sold a share. My average just over .001
. I've always trusted CS and respect what she is doing. Even if she is not formally under contract with RFMK at this time, I'm sure any vaporizer RFMK/Haute comes out with will get exposure via her groups.
. Like so many other longs, I wonder what the deal is with MA. As a shareholder, I don't need to know what they are doing every day, but some general info would be nice. Especially when deadlines are missed and large payments go to strange places.
. I continue to believe a vaporizer line is being developed and will be available for purchase. Anybody's guess when. I refuse to believe the initial drawings/ Haute relationship/ update with minor modifications made/independent sales force would have taken place if there was no intent to ever produce and sell units.
This would be like spending the whole summer training for a marathon and skipping the race. I just can't believe it is the case.
. I confess I'm not as versed in share selling schemes as some others around here. Given that, I would think anyone involved (inside RFMK) would prefer a stock price of .003 to .0005. Better communication would certainly give the stock price a boost.
. I hope we get an announcement soon (today would be nice) that vaporizers are here and available for sale. No garbage like they are in transit and stuck in customs.
. Finally I've said before and will repeat: my confidence is buoyed by negative posters that are constantly here. I don't know what the reason is, but there must be one. This has to be about the smallest fish to fry - but for some reason gets a lot of attention.
. Good luck to all and come on RFMK- get the vaporizers out in time for the XMAS season
I guess I will continue to wait and see if anything will happen with RFMK.
My shares were bought on many occasions between CS initial involvement and Ironridge $50,000/month. Added more when price dropped well below .001. Have never sold any.
Of course I would not initiate a position now, but I certainly have no plans to sell any.
Whatever CS current situation with RFMK is, I am 100% confident that a top notch vaporizer at a fair selling price will get plenty of exposure and have a high probability of success.
I also believed from the time I bought my first share that RFMK would not succeed unless/until they had a steady volume of business - and I do not mean $13,000/quarter.
Of course we have the mmj legalization issues to work through. That seems to be going well.
We all wait and see what happens. Still don't believe for a minute that TA would risk his career (and possibly freedom) by taking $50,000/month for 18 months and not bringing vaporizer to market.
I understand RFMK is in dormant period and updates/results/products are long overdue. Although these are not recent, I'm encouraged much RFMK info is still on CS site. Look halfway down pinterest page.
http://www.pinterest.com/cherylshuman/marijuana/
CS would have removed this if she and RFMK are on the outs.
Getting the vaporizer available would do wonders as well!! Same for 10k!
Good Morning BB,
Do you think RFMK actually has a vaporizer in the development/mfg. process? Something that will be offered for sale by end of September? How about end of 2013??
I'm quick to admit RFMK stock is doomed for good if these vaporizers do not show up. I'm not as worried about shorter term timelines as internal/external issues are numerous.
Where would RFMK really be now if they were hitting on all cylinders in 2012 and 2013? Legal medical mj industry seems it will be much more developed in 2014 and 2015 as it is now.
Some companies are really going to do well in this field over the next couple of years. I hope RFMK gets their act together and prospers these next 18 months.
This is a great place for speculation stock $$ in my opinion. Holding tight for the next 18 months unless sooner success entices me to sell. (and I don't mean for something like .0012)
Wish your outlook was different, but good luck to you.
BBScott is right. I considered myself and ...Paris in the same position (knowing nothing) until BBB talk. Wondering if confidence level increasing. This is my way of asking without snooping into confidential conversation.
I truly don't want to bother anyone that might have put more effort than I have regarding SFIO company and stock. At the same time, if a peek behind the curtain is available...I'll look.
Given what you've learned, has your confidence in SFIO stock gone up these past couple of days? I'm trying to remain a passive investor, but it is hard to do.
RFMK continues to be mentioned in headline of CS Pinterest page. She certainly has the computer skills to remove it/update headline if RFMK component inaccurate or obsolete. Go CS and RFMK!
http://pinterest.com/cherylshuman/
I sure thought you were offered a great opportunity and am disappointed you chose not to accept.
Hope next week brings SFIO news we longs can all be excited about.
Skip,
Without giving away what you don't wish to disclose at this time, may I ask if you are excited about the pending developments? Will it prove that a significant amount of work has been done these past 2 years by folks that many of us thought were doing nothing?
Hopefully some that think the stock price of other mmj stocks is getting away from them will buy RFMK. While my biggest sector position is RFMK, I do hold others. Anxious to see what next week brings.
How much $$ do you estimate TA has pocketed since he has become CEO of RFMK? Anyone can try to answer.
How much would TA make the first year the company actually sells this new version vaporizer? (I know many think this will not happen)
For the life of me, I don't understand why so much would appear to go into this if RFMK management really has no intention of selling product.
It would be like training all summer for your first marathon and deciding to stay home the day of the race.
By any reasonable definition, Levs last post was certainly on topic. Of course we will see what will happen with the vaporizers and if a CS/TA/RFMK combination is still valid.
Past PRs have Haute and RFMK together. Maybe CS will show up with her own vaporizers within the next month and RFMK is bypassed in the deal. I certainly hope that is not the case.
But the stock is .0006 a share. The threat of success is there IMO.
Good luck to you Pitadog. I respect most of your posts but had to disagree with this last one.
Given today's sharp price movement in many mmj stocks, I feel RFMK is the best deal out there. Given current conditions, this stock could be .0016 just as easily as .0006.
Wow! Hope some that are missing price targets on other industry stocks come take a look and buy some RFMK
BBB,
You have new info. or just being hopeful? Vapor free ecigs great idea and I really wish SFIO could get untracked. GO PACK!
Please add an explanation to your statement that Cheryl is staying past May 11. Sure hope you are right.
How would any of us collect if (when) successful?? insurance? lol
Obviously RFMK is taking a long time getting going. I would note Colorado and Washington voters agreed to mmj last Nov. Those state governments are just getting around to writing the rules. Lots of big and small details involved. Final rules/law specifics probably won't be around for some time.
Maybe the height of this new legal medical mmja and recreational mjna push is 3-4 (or more) years away. Maybe RFMK will be washed out by the time the real money gets made with mjna accessories. But maybe not. Heck - at .0014 it is a gamble worth taking imo.
My average is .0021 for a lot (again imo) of shares. If I lose out - I accept it. My time frame is a long ways out.
I will close by saying the likelyhood of RFMK stock success will be based on the threat of a big market for their products - not necessarily eventual, actual sales to customers.
Good luck to all. Go RFMK
May 11, 2013 - I'm happy Cheryl's current agreement is coming to an end. IMO one thing is she won't sign for another year with similar conditions to the first year. If she signs again, the new conditions will be beneficial to RFMK as a stock as well as RFMK as a company. I'm sure she will have much better access to the RFMK workings behind the curtain. That can only help us longs.
If she does not return, details of the separation will soon trickle out and TA will be exposed if he is not doing the company right.I feel TA is doing the right thing, but has struggled with time estimates. That is not too surprising as this is a new industry and has obvious legal issues.
My strong, strong hope is she returns for a second year. GLTA
When TA took over as RFMK CEO from predecessor....Who made that decision??
Although we are not on same side here, I do wish there was a way for CS to officially take over the business side of things. She could bring in the help she needs and not try to be a 1 person show like TA appears to be. TIA
Happy 420 day to RFMK longs!!!!!!!!!!!
I am excited and hopeful for RFMK stock today as well.
I really see CS May 11 agreement expiration as an opportunity for us RFMK longs. If she stays, the terms will be amended to her satisfaction and problems with TA will be addressed and hopefully resolved.
That would help us all.
Unfortunately April 20 (420) is Saturday. Perhaps tomorrow is the celebration day for us RFMK longs.
I see CS is back in hospital after losing some weight recently. Please see tweet at bottom of her site. Best wishes to her of course. Go RFMK!!
http://cherylshuman.com/
How about a calculation for how much TA and CS have pocketed to date? And also your analysis if it is a criminal act or sloppy business just not advancing at the pace some initially projected. TIA Go RFMK!!
Best wishes to you.........Go RFMK
CS's THC article out
My confidence remains high as the mmj industry continues to emerge - perhaps a little slower than anticipated. What really keeps me interested and fully invested here is the persistant existance and posts of the negative side of holding RFMK stock.
It would be helpful to me if those that "insist" for my own good to divest of RFMK give me an alternative investment option for my spectulative investment $$. Risks are certainly here, but also anywhere else (imo) where a 10-15 bagger from here is (again imo) a possibility.
Anyone know when the SFIO European patent expires? TIA
Levs,
Any idea when the actual THC article is coming out? TIA
CS could vape out a $10 bill and these guys would complain that it wasn't a $20.