Well today really said it all for RFMK. A RFMK PR is released and as true to form another disappointment and information provided by Tom with more delays and excuses. Only 500 units of what was suppose to be 2000 units.
And IMO more RFMK dilution in the makingAs RFMK continues to milk every $$$ possible from the RFMK shareholder.
RFMK is now at .002 - next week RFMK will enter the .001's play in this area for a few weeks just as RFMK did while in the .002's, the .003's, the .004's, the .005's, the .006's, the .007's and the .008's.Just go back and review the RFMK chart since Feb. the pattern is so very clear.
As I've been stating as opinion since March; due to the dilution, lack of product and sales there is no way that RFMK should carry a maket value greater than $1M and even that is out on a limb. The market is adjusting the RFMK value back to where is should and given the amount of continuing DILUTION, restricted share awards and lack of execution and revenue IMO RFMK PPS fair value will settle under .0007.
Just watch and see - since February 2012 my opinions of the RFMK PPS direction has been spot on and my opinion and correct outcomes have been a direct resut from the actions that the RFMK Management has taken.
This is not brain surgury just simple deduction based on the failures and lack of being upfront with investors from RFMK Management.
AIMHO
Kels
