Rapid Fire Marketing Inc (PINK:RFMK) has been moving up progressively over the past days. Yesterday, the stock hit a 
phenomenal gain by soaring another 31.58% and trading over 37 million shares for the day.
Apparently, the massive trade has been caused by the latest news on RFMK. It was just yesterday when the company reported that one of its subsidiaries, Medical Cannabis Management, has received their first shipment of their new THC e-Cig. While the first edition of CannaCig is going to the market, the second edition is expected to be ready in 30-60 days.
Being reported, the optimistic statements pumped up RFMK stock price at once. Now, it is interesting whether the news will hold the gain for longer.[BANNER]
Rapid Fire Marketing, Inc. operates through two subsidiaries, Medical Cannabis Management and Bioniccigs.com. In the beginning of this week, RFMK filed its annual results but these did not look that promising.
Until December 31, 2011 the company’s cash and cash equivalents have decreased as compared to the year before, while its accumulated deficit tripled. Besides, the net loss and expenses have not been covered.
As a result, RFMK is not profitable yet and keeps waiting for better times.
