IMO RFMK Shareholders are so far out of the money right now they’d be lucky just to break-even.
-Too many shares out.
-Company is too broke to make a good go at it.
-Good chance of more dilution.
-Lack of big money coming in.
-Questionable “management” w/ history of failure after failure regarding shareholders/ever-changing & unclear business direction etc.
-Competition galore. Competition galore. Competition galore.
-Small Vape community with many choices of devices out there already.
-Stinky pink DTC chill.
Too many shares looking for an exit at the same time makes it hard for me to see this even being a “Good Gamble”.
If there were any funding coming, at what cost though? In what form?
Basic math skills, realistic expectations, & some common sense tells me risk is super huge for little to no gain.
Adding more money to average down is one option.
Selling for a loss and adding/increasing share count when this hits .001 area is another option.
Staying out is another option.
I like the idea of the CannaClone & PocketPoofer & the MMJ movement in general but I just don’t see shareholders ever gaining $.
The “company” has an average product in small Qty, terrible track record & Celeb involvement doesn’t necessarily mean squat.
We’ve all seen what hype does for the RFMK pps. Nothing good.
Maybe if “LONGS” worked together and try and sucker newbies into this, “LONGS” can get their money back…IMO
(NOT recommended)
IMO, this is a great charity case if that’s what someone is looking for. This would be for a good cause but I already give to another.
IMO, there are many other better companies to invest/gamble in if that’s what someone is looking for.
Disclosure: After doing correct DD etc..., I sold for a 30% loss
Good luck to all.
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