Rapid Fire Marketing: No Reverse Split

CARSON CITY, Nev., Oct. 4, 2011 /PRNewswire/ -- Rapid Fire Marketing (OTC Pink: RFMK) announced today that the Company has no immediate or long-term plans to recapitalize or effect a reverse split on the stock. Additionally, the Company plans to begin the process of filing a Registration Statement with the SEC to be listed on the OTCBB by early 2012.

Over the last several months, Rapid Fire Marketing has made significant progress to move the business of Medical Cannabis Management (MCM) forward. MCM is now capitalized and is in process of generating revenues. Shareholders have voiced concerns to the Company regarding a reverse split because the stock price has suffered under difficult market conditions. Rapid Fire Marketing's Management feels that with all businesses now in operation and moving forward quickly, that there will be no need to have a reverse split on the stock.

"At this point, all of our businesses are moving along and we see revenues starting to come in," said Mike Amezquita, CEO of MCM. "As revenues grow and the Company becomes profitable, we will no longer need to raise capital, so we believe that a reverse split of any kind would be very counterproductive and would hurt our Company and our shareholders. We are doing everything we can to ensure that our Company performs now and into the future. The Company is in final discussions to determine the best route to become a fully-reporting company on the OTCBB. We believe that getting a Registration Statement done through our attorneys will give us better visibility and enable our Company to function at a higher level on the OTCBB," said Amezquita.

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