Read this And please review the website and prs
How do you like these apples?
They'll make more money selling shares.
Why sell what keeps going up in value. I think Mike, Tom and I are the truest longs that exist. Not JMO.
They had a better shot and a much much greater market with the Bionic and apparently they scrapped that idea for recreational cannabis use ?
No. Bionic still exists. This is just a new market with a device developed specifically for it.
Did you see how many personal vaporizers were in that display case ? Looks like heavy competition to me.
There is no competition when you are the best. The VI is smaller, hits stronger, less expensive, more discrete, works better, lasts longer, gives the user a way to not only use their own meds but loads A LOT easier then ANYTHING on the market (even a hotbox), is portable, can fit in your pocket, recharging... I can go on and on. NOW, lets look at the nonbashing way too see this... DO YOU SEE HOW MANY VAPORIZERS are on display?! What a market! Now if Tabu is a typical smoking accessory shop, which is is, then as most they strive to carry any and all great technology for the industry. LOOK HOW MUCH INDUSTRY THERE IS. All those units are made for a reason. There have been so many made to supply the masses of people who use vaporizers. Now a unit comes along that works great, is small and portable, and not expensive... then one would think any shop that strives to carry what the customer desires as to not loose them to another shop would want all new and greatest devices they can get on shelf. Just Retail 101.
They give you the unit cost but how much does it cost to make the juice ? From personal experience the juice is what will cost the most. Do they make it in a lab that can produce the same results time after time? Do they have a wide variety of strains that will appeal to a consumer ? What is the expense for R&D ?
RFMK does not manufacture "juice". This device uses your own meds. Now, there is a formula presented that works best with the VI. This formula will be available. We will have the active agent here as any MMJ collective will have their own. It is interesting how everyone looks to the juice to make money. That is the least of concerns in a small market while worldwide sales of the VI s important now. If marijuana becomes legal then the juice will be a factor of interest. Come on now... think about active agent sales in 12 states of VI sales worldwide. Easy answer.
We also have to take into account that the 50 dollars of revenue made off every unit has to be divided up between the dispensaries that sell them and the company to pay its bills before it ever becomes a profit... Now "if funding comes through" do you think the entity that funded RFMK is going to let them have all the profit ?
Wow. Maybe you do not understand retail. First, there is the price the unit is manufactured at. Then it is marked up for wholesale which is the $50. The retail end then marks it up from there to the suggested price... or they can mark it up more. So, the $50 is not revenue but gross from the unit. The profit is the money made between unit cost and wholesale cost.
I will end this one with a statement I love to use in business. Yes, we could up the cost and make a little more money on the wholesale... but would you rather be Wendy's and sell burgers at $2.00+ or Mc Donalds and throw burgers out for $.99 but be able to place "OVER A BILLION SOLD" under your signs? Take a few bucks off the price and yeah you make a LITTLE less money but you make that little money on A LOT more units sold. Just some B101.
Funding will come through, in the form of dilution. That's why the short interest here is increasing because they already know what normal investors choose to ignore...
Dilution cries. From you? Wow. I know I am not selling NOTHING. Tom is in for the longest run. Mike can only sell 1% per quarter. Who's left but the imaginary demon you think works behind the curtain. This isn't OZ. Just good people, making a good product happen, while making everyone rich along the way.
Two dispensaries is not going to cut it, period.... People are not going to drive or fly in from every corner of Cali to get a cannacig when they can access a readily smokable product of their choice in their home town and the people that manage to get the thing without the juice will not be spending their time trying to make a concoction to put into the thing.
A test market, in the field of business and marketing, is a geographic region or demographic group used to gauge the viability of a product or service in the mass market prior to a wide scale roll-out. The criteria used to judge the acceptability of a test market region or group which include a population that is demographically similar to the proposed target market.
Repeat after me.... WORLD WIDE SALES It's already in a retail outlet to prove non-marijuana sales are tangible and realistic. This week a smoke shop in Hollywood. Soon enough you'll se it in a side store in Amsterdam. Then a liquor store in Spain. Walk down to the corner store might even see one there in your town. ;) Ok, you get the point.
It's a great niche product, I'll give you that, but that's all it is. It's not revolutionary or game changing and after the first week the hype will die down...
Yes, there are other products that do not work well, if at all, on the market. So taker all those products, all that demand, and place a product that works in front of that demographic....
One more thing. What will happen when average folks start getting busted for trying to use the cannacig in public ? What kind of press do you think that will get ?
You REALLY think PHX, ROOR, ILLADELPH or ANY of these main stream BONG companies here a peep from any legal entity if John Smith gets busted walking down the street in his illegal town smoking from one of their devices. Sorry, but rotfl.
Developing a product that is for recreational use of cannabis is a slap in the face to people who actually need it's medicinal properties. Discreet use anywhere my azz.... Edibles work just fine..
Actually there are countless people out there that edibles do not work on. Then factor in that dosage is hard to deal with when eating meds. Place the fact that most edibles are sugar based and for instance there are a few diabetic patients of ours who can not eat anything they do not make themselves for their diet. So edibles are out. I can keep going once again but I do have a job to do... there is a launch event here today along side a PreEaster sale.
On that note my friends... AS STARTED IN THE PR... units do not go on sale until Monday. This is a launch and a tease to get people excited and let those people test the unit. Already people are asking for preorders.
hooray RFMK !!! good luck with the metal rolling paper.... Studies have already proven that smoking raw cannabis does not harm lungs like cigarettes so why go through the trouble of creating vapor ?
Actually. Studies show that hash is safer for the lungs. You are not burning the tree, the bark, the leaf, the chloroform. All these components in raw cannabis DO make a difference. So does the butane lighter that seeps gas into your lungs as the fire does not burn off ALL the gas.
To easy. Try harder. Harder questions. Yet, I do not think they exist because everything is easy to answer when your doing things the right way.
GO RFMK! GO VAPOR INHALER! GO CANNACIG! GO YOU!!!
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