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Re: Badge714 post# 62553

Wednesday, 04/25/2012 10:04:38 PM

Wednesday, April 25, 2012 10:04:38 PM

Post# of 141736
Just got home and saw all this chatter going on. Very impressive for no news!

To your point. What would you rather RFMK do? Put out a product, or not put one out? If they want to cash in on this crazy high demand that they have, there was no other choice but dilute. It's pretty plain and simple. Either we were going to be stuck ordering 100-200 units at a time for the next 6 months, or we had to dilute to get the funds to purchase a large order.

Dilution sucks, but I am very glad they decided to do it. You strike while the iron is hot!

The fact is RFMK has an order in for 2000 CannaCigs. From every indication I am getting, most if not all of those are accounted for already. Selling the 2000 CannaCigs will net RFMK with roughly $200,000 in cash to reinvest in the company within the next few weeks.

From additional conversation with Tom, this dilution was set so that they got enough money to make them self sufficient. There will be no more dilution if everything goes as planned!
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