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idea!! So why not the investors reinvest in their own racing program? Top 5 or 7 investors become the board of directors. Top investor becomes president. Form a concept for the program, and reverse merge a pink sheet shell and go for it. With enough people with fresh ideas it might just work.
Will the last one out please turn the lights off and close down the site?
C-ya
Luck and best to all...........................
Great post Flatsixer and a dead on perfect synopsis of these BB and Pinksheet stocks.
Most of the time the stock is not really a scam, it just appears to be because people lost money. The blame game and denial sets in.
I just don't see any possible way RRGI can pull a turn-a-round off. Stock price too low, startup money already spent, financing nearly impossible for any kind of real money. The only way out is a complete sell out of the company and let a larger entity take it for nearly nothing and make something out of it.
JMO
GLTA
I don't think litigation is the answer. There is nothing to litigate. No money. Not contest. I would just like to know why they were asking for contestants for the next season. This to me is a little misleading if they didn't have enough money to put this season on. This might have affected buy/sell decisions.
Flatsixer, its been said to "buy when there is blood in the streets". Do you think its time to buy?
One of Del Weston's email addresses. Maybe we all should ask him what is going on?
delweston@aoffest.com
Zirfad: because if a rumor like that was true, then the stock would be going up like a homesick angel. And most of the buying would probably be relatives of the originators of RR. The stock price almost always reflects the past, present and future.
Why on earth would you want to mislead potential investors by saying this is a good day? Compared to what? Potential investors need to know that there are over 150 million shares in the float with more to come and no revenue and no hope of revenue. Enough with the pumping already! When the real selling starts, we are looking at below .01. You can quote me on that. Its called investing 101.
Flatsixer, you need to put volume in the equation. If there is no volume then the share price is artificial. There has to be at least a million shares traded to reflect the sentiment of the shareholders. IMO
With everybody scurrying around trying to discredit my posts, I feel like I am going through an underwear check. They are still clean. I just put them on a few days ago.
I could point out a few posts myself, but I have nothing to prove.
Flatsixer. Its a perfect example of shoulda, woulda, coulda. My first impression was this was a typical reverse merger acquisition that will result in the shareholder investing with large hopes and the principals laughing all the way to the bank. It was pretty transparent. The drop in share price was pretty indicative of pump and dump. So before I put too much money in this thing, I checked it out personally and was convinced these guys were serious and the part about 7 million shares sucked me in. Mr. Schaeffer himself, told me that. He just forgot to tell me there were 393 million behind that(potentially). For a long time the exact number was not published. By the time I did my DD on it, I was already invested. Nobody's fault except mine. I still say that had they kept the outstanding shares down to maybe 10-15 million we would see a completely different scenario with the stock. But it became apparent to me that these guys are not finance guys, they are hustlers. (meaning they work hard for their money) They needed a real finance guy to help them on trending the value of the stock. They do not have a real finance guy. I only lost about 15-20K. I haven't counted it up yet. But I broke every investment rule in the book so if I made money it would have been purely luck. However, had I not been lied to, I would have made money.
P. S. I was told that cars were not a problem and they could have them within two weeks. I didn't know they were talking about Go-Karts.
Hownowbrowncow? I see you are in my fan club. So what's your point? That was a positive post about RRGI after I was told there was a 7 mil float after the split and there would be no more. I believed them. The truth always comes out.
As far as CPTC, I have made millions from that stock. What is your point with that? What does that have to do with RRGI?
Maybe somebody should explain something to the novices on this board (looks like all qualify). The show is worth a couple million bucks. Spike TV, cheesy amateur shows, no sponsors, operating at a loss. I am being overly generous with the couple million. There are over 154 million shares outstanding with 400 million authorized. Its like monopoly money. In my opinion they will eventually issue all of the 400 million shares or sell them off themselves. This brings us to what the stock should be trading at. With a market cap at around 5 million, the stock is grossly overvalued. More stock being issued would put the worth at around less than a penny. So for all of you waiting for it to get to 10cents or more, lots of luck. I hope you didn't spend all of your money in one place. The stock will be trading at less than a penny before the season is over. In my opinion of course. But I am rarely wrong on stocks like this.
It is also worthwhile to mention that the monitors of this board are also the pumpers and for some reason "in the know". They delete anything negative or painfully truthful about the stock. This is cause for concern because several people have lost a lot of money listening to unrealistic forecasts and pumps from various sources including the monitors of this board. The only way to end up with a small fortune by investing in this stock is to start out with a large fortune. EOM 30/30
They don't call em penny stocks for nothing!
Decline of 95% is easy. The stock went from a float of 7 million to 130 million. Duh! How smart do you have to be to figure out why the stock is trading so low?
These guys aren't even smarter than a fifth grader. They took a really great concept and messed it up. I lost thousands on this because I thought it would take a real putz to screw it up. Guess what? It took two putz's and a crew of amateurs to do that. You just have to be a little bit creative to come up with some ideas that would appeal to viewers. But in this case a little bit is equal to the northern hemisphere. The only people on this board are pumpers or related to the show. The real story can be summed up in two words..."it sucks".
The only thing that can save this show is luck. It sure won't be talent.
AXC...your post is the first one on this board that really makes sense. YOU should be running the show. Semper Fi Dude!
If you are so busy why do you incessantly post on Raging Bull and converse with all of the bashers there? Why don't you just come clean and say you are too lazy to read the posts here? They are beneath your values.
Does anybody know what time the demo will be and maybe a link?
TIA
Hog Boy. The tone of your posts are argumentative and hostile. You are doing exactly what you are preaching against. Is this a facist board and you are the leader? If so, I am out of here. There is such thing as freedom of speech. Remember that? Its written in the Constitution. You must honor that unless you do not respect the American way.
BooBoo, you seem to want to rant about Reality Racing a little too much. Maybe you are a scam. Maybe your mission is to create doubt among the posters here. Sounds like you should go to your stock and we will stay with ours. We don't need your advice on investing. We would rather risk our money without any help from you. Besides, it sounds like you are uninformed about RR.
Oh, I see. Not this Sat, but the next one.
Got it. Good thing I am not racing....too slow!
google WIOD 610 Radio and then go to the link. clik on listen and you are there.
What does 2-10 mean?
Thanks Shark. I live only 30 minutes from their headquarters. I don't want to bug them and thats the only reason I haven't visited. So I guess now is the time to make a visit.
To Everybody: Give me questions to ask and I will report back with answers.
All questions will be asked. Unless they are stupid.
Lastdeal.
Shark, are there any females in the lineup? If so how many. And how professional does everything look?
Thanks
Does anybody know when the next stockholders meeting is?
GoingLong...In my opinion I don't think it matters if Spike has HD. It eventually will. If it is recorded in HD then the switch is easy. If Spike goes to HD, which in my opinion it will, then it will have it. Impossible to go back and record HD if you didn't do it the first time. I think it is a no brainer.
Sure glad you guys aren't running the show. HD is a must and if it delays, it delays. Could mean the difference between millions and tens of millions. The HD TV's were ready and sold to the public way before the technology and cable or satelite distributors as well as broadcast stations, were ready to relay the signals. HD cameras are not as common as you think. Not the high resolution production kind. Relax, get the popcorn and see the show before you start tearing it apart.
Thanks and this was not a paid announcement.
Looks like they are doing this with very little PR's. MY guess they are waiting until the precise moment and then spring into action with a media blitz. The share price will then start its movement upward. This low price will only be in our dreams within a month.
JMHO
Check out the video on Reality RacingTV website. Super cool!! I think its almost time for everybody to start their engines.
Taking shape. Going forward. Looks good.
See you at the top.
Thanks. eom.
Where is everybody? We have a potential 500 race with hydrogen, and new Ford Hydrogen Hybrids. Things are going well in the industry. Why is this board so quiet?
Anything happening within HyPower Fuel? Is the demo still scheduled? Anybody?
Sillybutt, how can you have shorted this stock. Since you cannot short BB stocks.
Would like to know as I would like to short some stocks.
$6.00 is the magic number.
I don't know if any of the other shows were public. All they had to do was divvy up the money and close down. But how do you do that with a public company. Thats my question. What is their exit plan. What is the stockholders exit plan.
Miami, you will find they are genuine and honest people with a mission; Reality Racing. I found out some very interesting things when a friend of mine visited. Everything he was told has come true. The only question mark I have for the company is the exit strategy. From what I know, there is none. You might ask them how a shareholder or themselves for that matter plans on exiting this stock? And with what and at what time?
PRMiami, the saga with cptc has been going on for about a year and half. It is still pins and needles. But hope springs eternal. Maybe RRGI will be a 6 bagger. Have you been there? They are up the street from you and down the street from me.
CPTC. They went to over 6 and then went bankrupt and then came back and are hanging in there. They are trading at $1 now. I never sold and kept hanging on. At one time I was over $4 million up. Now I am hoping for another quick rise so I can get out and go fishing.
Last year I saw a BB stock in a different industry go from .10 to over 6.00 very quickly. So it is possible.