Rapid Fire Marketing Inc. (fka RFMK)

[pitadog]

Dilution is ongoing:

Funding

We have raised the amount of shares authorized in order to tap into our funding agreement with IronRidge Global which was announced on 25 September last year. Our immediate goal is to obtain the capital to build RFMK into a profitable and self sustaining business. Shareholders should be reassured that funding will be done periodically—and not done all at once. We intend to build the company with initial funding drawdowns.

Source: RFMK Shareholder Update of April 2013.

http://rapid-fire-marketing.com/rapid-fire-marketing-shareholder-update-24-april-2013

This funding is set by Ironridge buying $50,000 worth of stock at a 50% discount to the pps on each tranche. Simple as that. Dilution by RFMK via Ironridge.