Rapid Fire Marketing to Announce New Acquisition
CARSON CITY, Nev., July 27, 2011 /PRNewswire/ -- Rapid Fire Marketing (OTC Pink: RFMK) announced today that the Company's management team has identified a new acquisition in the marketing business and expects to have an Agreement signed by the end of this week. The acquisition itself is expected to occur quickly and will begin consolidating revenues with Rapid Fire Marketing's financials upon closing. Rapid Fire Marketing has been acting as a holding company for Medical Cannabis Management (MCM) and BionicCigs.com for well over a year. To expand revenue streams, Rapid Fire Marketing is expected to acquire this full service marketing company to become the corporate entity as well as the marketing arm for the Company.
The logic behind this acquisition strategy is simple: Internet Marketing and Search Engine Marketing is evolving into a powerful force for small companies and is expected to continue to grow with time. Organic marketing on behalf of smaller companies is growing in popularity daily. According to SearchingSolutions.com, 8 out of 10 Internet users look for information, services or products to buy, more than 8 out of 10 rely on search engines, not simple surfing. 85% of these searchers don't click on paid links. 63% of links that are naturally displayed at the top of search engines (not paid ads) get clicks. Over the last year, Pay-per-click (PPC) costs have grown 37%, and they go on rising. While the statistics are convincing, there are still relatively few companies that can provide quality, organic search marketing and Internet marketing.
"Now that we have established MCM and BionicCigs, we want to round out the Company and have a corporate presence as well as another revenue stream. We decided to look for established companies and find one that is already developed in organic and full service marketing rather than start from scratch. We think we have found a great fit," said CEO Mike Amezquita. "We have had a dialog with the marketing company for some time and we expect this transaction to happen quickly," Amezquita said.
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
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