Rapid Fire Marketing Provides Business Update
CARLSBAD, Calif., June 3 /PRNewswire-FirstCall/ -- Rapid Fire Marketing (Pink Sheets: RPDM) today is providing an update for their investors and the business as well as investing community. Rapid Fire Marketing specializes in email and internet marketing. In addition to providing exceptional marketing services, The Company uses its E-Commerce website to feature clients' products being sold to the public. Rapid Fire generates revenue from the marketing services provided as well as from profit sharing agreements with client companies.
Rapid Fire has recently signed Agreements expected to generate in excess of $100,000 a piece. The Company operates on an approximately 45 percent net profit margin. The Company has multiple revenue streams through marketing agreements, which Rapid Fire receives monthly payments on products sold. Rapid Fire also receives 25 percent of gross sales from their clients.
Over 70 percent of Rapid Fire's sales have been made over the internet. Near term growth rate for the first year alone is expected to be near 100 percent. Rapid Fire is debt free. Rapid Fire Marketing signed a marketing agreement with "America's Greatest Mothers" publishing group. The Agreement provides RPDM $100,000 over a 12 month period, as well as 25% of gross sales generated from The Company's efforts. Rapid Fire Marketing signed a marketing agreement with Steve Bonenberger, author of "Through Gates of Fire" trilogy series. The Agreement provides RPDM $120,000 over a 12 month period, as well as 25% of gross sales. A Company spokesperson said, "We expect to have some more announcements for our shareholders within the near future. We also expect to announce new marketing agreements soon as well."
About Rapid Fire Marketing Rapid Fire Marketing specializes in email and internet marketing. In addition to providing exceptional marketing services, The Company uses its E-Commerce website to feature clients' products being sold to the public. Rapid Fire generates revenue from the marketing services provided as well as from profit sharing agreements with client companies. This provides enormous upside to The Company when the sales of a specific product reach a mass audience. 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. CONTACT INFORMATION: Media, (760) 434-9300 First Call Analyst:
CONTACT: Rapid Fire Marketing, +1-760-434-9300 Web site: http://www.rf2020.com/
2008-06-03 15:21:36 0376598 PRNEWSWIRE
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