CARSON CITY, Nev., Jan. 19, 2012 /PRNewswire/ -- Rapid Fire Marketing (OTC Pink: RFMK) announced today that Medical Cannabis Management (MCM's) initial client company has completed their first harvest cycle, which will result in revenue to RFMK for the consulting services provided. It is estimated to earn RFMK between $10,000 and $30,000 in the first quarter 2012. The Company's second non-profit client is approximately a month out from their first harvest, which is expected to generate RFMK similar consulting fees during the same quarter. Exact numbers will be determined once the yield of the harvest is realized by the client company. The processing which occurs post-harvest usually takes two to three weeks to complete.
MCM has been engaged to provide consulting services to non-profit organizations entering the medical cannabis industry in California. The Company provides consulting services related to the cultivation methods available. The Company does not provide legal advice and requires non-profit companies in California to seek and abide by state laws. As additional non-profits seek the consulting services of the Company, the management expects this division to grow throughout 2012.
"We have two client companies now and are having discussions with others. There is no shortage of business out there; it just takes time to get them up and running once they have researched and understand the guidelines," said Mike Amezquita, CEO of MCM. "We are very excited about this sector of our business and we expect to continue to build our revenues with more clients and the sales of our new THC e-Cig which we expect to have available soon," 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