CARSON CITY, Nev., Nov. 2, 2011 /PRNewswire/ -- Rapid Fire Marketing (Pink Sheets: RFMK) announced today that Medical Cannabis Management (MCM) has signed an agreement with a second California based non-profit entity. As mentioned in prior news releases, dialogs with several more non-profits are underway. Each of the first two agreements with non-profits are 5 year contracts from which MCM is paid for each growth cycle. Each growth cycle is approximately 12 weeks which means there are 4 cycles per year.
Each non-profit is required to obtain their own legal counsel for the duration of the contract. MCM has legal counsel in place and the parties are required to communicate and complete the agreement process before any business goes forward.
"It's a lot more than going door to door to sign up non-profits. There is a lot of legal work involved and it takes time," said Mike Amezquita, CEO of MCM. "I am sure that our shareholders will see the benefits of doing business the way we do it in time but for now, I understand their lack of patience. We are working hard each day here to bring on the best non-profit clients that we can and as quickly as we can but it has to be done correctly," said Amezquita.
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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