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.
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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.
Safe Harbor:
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