RPDM NEWS!!!!!!!!
Rapid Fire Marketing Begins Share Buy Back
CARLSBAD, Calif., Oct 08, 2008 /PRNewswire-FirstCall via COMTEX/ -- Rapid Fire, Inc.,(Pink Sheets: RPDM) has resolved to commence a share buy back program in the open market immediately. Rapid Fire Marketing, Inc. believes it is in the best interest of The Company to reduce the amount of shares trading in the public float to bring long-term value to its shareholders. The Company and its Officers have committed to buy up to 20,000,000 shares starting today.
The last DTC report showed the amount of shares in the public float at 47,843,665. At the current market price, The Company feels the stock is undervalued and believes a share buy back is the best use of its resources.
About Rapid Fire Marketing
Rapid Fire Marketing specializes in email and internet marketing. In addition to providing exceptional marketing services, The Company uses its E-Commerce website to feature client's products being sold to the public. Rapid Fire generates revenue from the marketing services provided as well as from profit sharing agreements with client companies. This provides enormous upside to The Company when the sales of a specific product reach a mass audience.
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SOURCE Rapid Fire, Inc.
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