Carson City, Nev., April 28, 2014 /PRNewswire/ -- Rapid Fire Marketing (OTCQB: RFMK) announced an update for shareholders regarding the Company's strategy regarding the one penny bid price rule. In a news release through Reuters on 26 March, 2014, OTC Markets announced that a new one penny requirement to remain on the OTCQB. The Company has carefully considered its options and has decided to proceed as follows:
The Company will continue to work through SEC comments on the latest Form 10 amendment and will work to complete this process. Once all the SEC's comments have been satisfied, the Company has a sponsoring Market Maker who will file a 15c211 to begin trading on the OTCBB.
"We have opted to move to the OTCBB once the comments by the SEC on our Form 10 have all been answered. If we are required to move to the Pinksheets again, at least we will be a 'fully reporting with the SEC' Pink company. In the meantime, we will continue to have audits done and file all appropriate reports and filings with the SEC in preparation for a move to the OTCBB," said Tom Allinder, CEO of Rapid Fire Marketing.
Investor Signup future Press Release Distribution by e-Mail
Shareholders and interested investors are invited to be added to the corporate e-mail database for future press releases and industry updates by signing up on the website or by sending an e-mail with "RFMK" in the subject line to [email protected].
About Rapid Fire Marketing, Inc.
Rapid Fire Marketing, Inc. is a developer and reseller of herbal vaporizers. The core strategy is to maximize revenues in the rapidly expanding vaporizer industry. Rapid Fire Marketing also looks to invest and do joint ventures with companies in the vaporizer and related businesses as well as working with other companies with established revenue streams that are looking to grow their businesses. Rapid Fire Marketing is also looking to grow through acquisitions of companies or technologies that are synergistic with our business plan.
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
SOURCE Rapid Fire Marketing