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In regards to the captain check this out rook:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31320994
Please stay on topic here, which is RVGD, not shorting, not sgls, or activities of another board (or poster).
The key to keeping posts on topic is that rvgd, the pps of rvgd or company activities, management, and opinions thereof should be the main topic of a post. If the main topic of the post is not rvgd related it will get deleted.
You DO NOT want ihub admin. coming here to mod this board, which WILL happen if I leave OT posts to remain. Once you get admin modding a board kiss any amount of freedom goodbye.
Any off topic posting content should be secondary to rvgd as a topic. If you need to learn how to stay on topic and not get posts deleted, take lessons from established "bashers" as they are most expert at this....
Admin reviews all deletions, and if not deletion worthy will repost it. If another board mod disagrees with a deletion they do have the power to reinstate it...arbitration is by ihub admin.
BLLB update: thanx WSM for the assist. mod, but not interested in the mod position LOL. FWIW, was considering selling bllb but hate losses - so I phoned the company. Four times actually.
First time Brandy of course answered it so I asked for Brian or Brad - a no go. Second time no answer, and third time the "floor guy" answered. So I said, YOU must be Rodney.
Of course what follows is to be taken with a grain of salt BUT....
Walmart HAS NOT dropped them,and have actually INCREASED. All other distributors are still intact, and he says nu distributors coming online weekly. Sales have not dropped but the opposite.
He blamed their the company lawyer for the absense of news and says he doesnt see why they could not release as early as tomorrow (as far as HE is concerned) and stated that a release SHOULD be out no later than the end of this month. He also says that they ARE now working on the uplisting.
Apparently Brad was busy securing a NEW website developer and Laboris.com is out as of yesterday....so I phoned Laboris but only got a recording. You are welcome to verify they no longer service the BB account if you like.
My dd says Whole Foods have distribution in Canada so I pressed him on that, and according to him they are working to expand that distribution arm into Canada as well.
Also, they have room to expand present production capacity without further expansion ($$) for a while, BUT have increased their owned real estate holdings to ELEVEN acres or more than doubling it....so no plans for slowing down. I dont know about the costs, BUT it would seem to me the real estate assets alone (empty land)are worth more than present market cap. - No AS increase needed for that? - purchased with profits????
It also sounded like they have also picked up a few new major distributors and biz has not slacked off at all.
Check out rvgd. I recently verified their 80M contract, and their new GTM supercar is in the final stages of preparation for their production prototype to be signed off on by FActory Five.
JMHO but rvgd may see a momo within the next 30-45 days. Recent increase in AS plus some current "bagholders" increasing holdings SUBSTANTIALLY at .0002 say to me rvgd should be a flippers paradise for the next six months once the GTM is signed off on and final production arrangements made (construction of new assembly facility)
In addition rvgd has finally gotten out from under CARNES finger, but suffered punishment. With 1.7B OS and a pps of just .0002-.0003 makes this this another Lotto play but like bllb a brick and mortor biz with current sales in place and stage is set for some major uppage in pps over the next few months.
Their car is really really something - a real all american brute with supercar performance. Better than ferrari and MOST porches. With a 350hp engine it has 0-60 time of 3.3 seconds.
Revenge GTM will come with a 500hp engine so it should be three seconds flat or better. Lotta sweet vids on you tube.
If you are looking around,bdrr came out with news the other day, has a float of about 70M, about 30M restricted, and an AS of just 200M.
The company recently announced PROFITS of .009 per share excluding a recent acquisitions income, but do to some recent dilution that earnings figure should not be relied upon to much. In any case they seem to have real cash flow, and the next earnings announcement should confirm no need for future dilution (more acquisitions). No RS in sight for a good longggg while Im thinking.
Anyhow, thought I'd share this with you before you split from the mod position on bllb. Not gonna post this on the bllb as Im sure any report from the CApn will not be met with kindness and I've no wish to try and answer foolish questions or comments. Feel free to cut and paste what you like if you wish.
Good luck to you. Penn.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
1.5 mil. and counting...
Been a while since posting here, still have 84 boardmarks so I guess I'll continue for a while.
RVGD - have accumulated a bit of this. Currently shares can be had for .0002 giving the company a market cap of less than a half mil. 1.7B OS 2.5 AS Here is recent post of mine on rvgd board: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31284385
Target .005 plus for ten bagger+
TCLT - new product going to OLYPIC GAMES for Team USA! Will this dog grow legs again....I do believe so. Shoulda picked up more at .0001 but thought it was dead. Can run fast and far as has done in past.
BDRR - was at .002 the other day. Looking for them to release some killer income from nu operations. I will be picking some up shortly. May hit a few pennies on quarterly.
BLLB - news notoriously absent for six months. Brick and mortor specialty foods biz, five brand names 250 products, distribution reported through over 300 outlets including whole foods and wild oats, Walmart, publix and others. We have been beat up real bad on no news. No idea whats happening but its possible sales have expanded again, no idea of income either.
Management hates investors perhaps. Who knows because I sure as hell dont.
prgl - absconded with my $$$$ OUCH. Well, I failed to act in an intelligent manner on this one....board investors me included are freakin pissed and howling - we are attempting to get revenge and trying to have company shut down and CEO to jail.
Have dug up some new picks am checking out, will post on a later day.
Send a few picks my way....
Shadow: Car and driver mag...sent this to editors yesterday afternoon after seeing your post. Also posted on Road and Track announcing new Revenge GTM supercar, also to Edmunds.com. Have also sent information on Ridgelines to Fatbobsgarage.com and others...
editors@caranddriver.com
All great supercars eventually have a kit car made of them.
How about a kit car so great that a OEM production vehicle is being made of/from it?
Winner of 2007 Sony Playstation Award at 2007 SEMA show. Will be assembled by 2007 Sema award winning Revenge Designs. Follow the weekly progress of this soon to be production vehicle at the companies website! Watch the GTM hunt down and pass Ferrari's and Porche's on youtube!
http://www.revengedesignsllc.com/weekly_news.html
Revenge Designs marketing manager is Emily. Beautiful GTM pics at: http://www.factoryfive.com/table/ffrkits/GTM/gallery/gtmgallery.html
Hope this gives you thrills and chills!
J.T.M
Also, did you catch my post yesterday on Revenge and Factory Five partnership?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31249010
Regards and GLTA - P.
Shane - think real hard. Does it really matter WHO is selling?
What matters is that it ends shortly, but not before I get a chance to pick up more at these prices...
IF it was Peter or the company, it simply means we needed more money to move forward. Hell, hurry up and release all 2.5B shares - who cares?
Tell me how many investors it would take to make 2.5 B shares disapear if each speculator invested just $500.00
at todays pps?
Think hard and gimme an answer....cuz when those shares are gone they are gone. Me? I figure just two million shares should be enough for any lotto play.
1000 investors like me with only 2.5M each? Think about it Einstein.
Thank you for the compliment Lang. Like you I wish all could read about the "80M dollar contract". Most might assume that the "contract" is for the SALE of 1000 GTMS to various GM dealers, not for the construction and sale of, specifying or outlining the limit of the joint venture or partnership.
At least that is the way I interpret it. So much abuse has been heaped upon Peter perhaps because of the misunderstanding of joint venture limitations. The way I understand it, it is the joint venture contract or agreement that is worth UP TO 80M dollars (base price of 1000 basic GTMs).
All joint ventures should include a contract, and this one is pretty sweet. I dont know how well Peter has done with pre-arranging the sales leads.
Considering 80 G's is for the BASIC GTM, that 80M (joint venture)contract may be worth up to 110M. Of course there is no guarantee that we can actually construct and sell 250 GTM's per year for four years, but the contract does guarantee us the opportunity.
Since Revenge and Factory Five have most likely signed the agreement already, to say it doesnt exist and try and take poor Peter to court on it is pretty funny when ya think about it.
Both parties must live up to their part of that 80M contract outlining our JV or partnership.....of course Peter could help things out a lot by CLARIFYING the situation as most do not understand it at all.
By having Mr. Borden confirm this joint venture worth some 80M - 110M to us, it SHOULD stop a lot of crap on this board.
Remember folks, a joint venture requires a contract betwween two parties, and this 80M contract has been confirmed by Mr. Dave Borden in speaking with FActory Five. Also, 80M is the bare minimum (if all 1000 GTM's were "basic" builds - no options).
WHAAAAAAATTTTTT!!!!!????? - yes folks, its true. The deal is for real, just like Peter has said all along. To be truthful though and fair to our board bears, I dont think this SMALL point has been brought up before or considered - but there it is.
Now you know why Pen wants more stock hehehehe.
Regards - P.
Frosen -How do I know about such a partnership? I know you said you first based your rvgd investment on dd, but then switched to "vibes". Guess its apparent "vibes" dont work for ya either so lets go back to simple dd. Read this over and the answer should slap you in the face. Further explanation comes after the pr excerpt...
Pr of 3/14/08
Revenge Designs, Inc. Enters Second Phase of Its $80M Production
DECATUR, IN , a specialty car designer and production assembler, provides a corporate update to its shareholders on its previously announced $80M production.
The company in its first phase agreements anticipates constructing up to 1,000 high performance vehicles in the first four years. Revenge Designs, Inc. will assemble the vehicles and sell them under a joint venture agreement. The company is currently pre-arranging sales leads with over 100 General Motors dealerships across the United States. The base price will start at approximately $80,000 per vehicle and there will be an optional Spec R model in excess of 600 HP starting at $110,000.
The second phase requires the construction by Revenge Designs, Inc. of an additional 20,000 square feet of production space, designed specifically for the assembly of the new "All American Supercar." The company successfully raised the necessary working capital in its recent regulation D offering to begin construction of this new facility. The company will also increase its current workforce to over 25 employees in order to support the additional work load.
Notice the part where its says JOINT VENTURE??? OK, now lets look at what a joint venture is. Heres are definition excerpts from Cornell University Law School(google):
joint ventures: an overview
A joint venture is a legal organization that takes the form of a short term partnership in which the persons jointly undertake a transaction for mutual profit. Generally each person contributes assets and share risks. Like a partnership, joint ventures can involve any type of business transaction and the "persons" involved can be individuals, groups of individuals, companies, or corporations.
In the United States, joint ventures are governed by state Partnership, Contracts, and Commercial Transactions law. A joint venture is also treated like a partnership for Federal Income Tax purposes.
Additional - from June 10th 2008 pr:
"Once our promotional GTMs are completed and approved by Factory 5 Racing, both companies will then proceed together to achieve maximum sales."
Basically when two separate entities or individuals combine assets and talent with both working together to achieve a common goal - sharing the rewards while both remaining a separate entity, it could then be said they are working in partnership.
Lastly, I wanted to make sure that Factory Five not only KNEW about these pr's announcing their (limited) partnership or joint venture, but actually confirmed it. This they of course should not do,since they ARE in the business of selling kit cars, and currently have an inventory of them.
It would not make sense for them to PUBLICLY confirm this BEFORE signing off on the production prototypes - meaning they are ready to OFFICIALLY announce their participation (joint venture or partnership)and actively participate in pr's and marketing the PRODUCTION GTM. There are other valid reasons not to prematurely announce this limited and intial four year partnership in producing the production GTM.
What I did do is have Mr. Dave Borden ask Factory Five Racing as they would more likely answer his questions rather than providing "no comment at this time" to numerous idiotic phone calls. This is Mr. Bordens reply to a pm I sent him on the F5 forums:
"Thanks for the heads up... actually, I wasnt purposely avoiding your question. I was out of town when you asked the question without access to a computer. I asked about them, but there was no big news he could share other than they purchased kits and (F5)planned to do what revenge said they would. I didnt reply to anyone regarding the question via PM or otherwise. I get a huge number of questions and at times and honestly have not found a way to keep up with stuff.
Im looking forward to seeing what they come out with....
David "
Quote:
Originally Posted by Pennimon
Hi Dave,
Just thought I 'd pass this along to you by pm. Its a post I did for the rvgd message board on investors forum....
Posted by: Pennimon Date: Monday, August 04, 2008 2:14:42 PM
In reply to: None Post # of 90887
Last post for the day - re: F5 forums and Revenge GTM's:
The factory five forums have been notoriously quiet on the subject of a Revenge GTM production vehicle. Not a peep despite Dave Borden visiting F5 when he was supposed to ask about it.
Mr. Borden has even neglected to publicly answer a forum inquiry about his visit, though I suspect (jmho)he may have answered the post by pm.
This is a good thing. Were Revenge GTMs just so much BS, we would have been beat up real bad on the F5 forums. The fact we have not been beat up by builders says a whole lot in itself. I have no doubt at all that if Revenge was going to be just another builder and not to be partnered up with FActory Five, we would get beat up plenty. Factory Five has earned their respect and I believe to intentionally damage Revenge Designs is to damage the future of Factory Five. This they wont do.
I dont think I'll bring it up there again out of respect for both Factory Five and their current rec. builders. For the Revenge GTM to become a topic on its on there would be a big dis-service to our pioneer owner builders, and would surely put a crinkle in GTM kit sales - remember Factory Five is in the business of selling kit cars....we dont want to sour the deal or any sales of kits for Factory Five.
If Revenge and F5 DID NOT have an understanding in place, I have no doubt at all it would have been reported pronto, and the name Revenge Designs beaten into the ground there. The forums are really excellent dd in understanding the huge amount of work that goes into the GTM especially the current body panel assembly (drill and rivet)and the huge amount of time needed for fit and finish. Even now with over 200 kits sold, a person probly has more fingers and toes than there are finished quality GTM's on the road today.
The preliminary GTM marketing has already been done with the KIT cars, and its plain to see from reading articles the GTM is ALREADY a huge success - thanx to Factory Fives excellent marketing efforts along with the outstanding work by current builders of the GTM mentioned on the F5 site....
JMHO -P
So Frosen...hope that answers your question about the partnership or joint venture (used interchangably),and the frivolity of relying on "vibes".
I also would like you to acknowledge and understand Phase One and Phase Two of the agreements in relation to the 80M contract, AND the scheduling of the construction for the proposed building addition. Clearly it states that the proposed building construction takes place in Phase Two.
Since we have not completed Phase One, it might be a little premature considering F5 has not even signed off on the production prototypes yet. I dont know about you Frosen but putting the horse before the cart makes sense to me.
Regards,
Penn.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
no bid, next step is maybe RS?
Last post for the day - re: F5 forums and Revenge GTM's:
The factory five forums have been notoriously quiet on the subject of a Revenge GTM production vehicle. Not a peep despite Dave Borden visiting F5 when he was supposed to ask about it.
Mr. Borden has even neglected to publicly answer a forum inquiry about his visit, though I suspect (jmho)he may have answered the post by pm.
This is a good thing. Were Revenge GTMs just so much BS, we would have been beat up real bad on the F5 forums. The fact we have not been beat up by builders says a whole lot in itself. I have no doubt at all that if Revenge was going to be just another builder and not to be partnered up with FActory Five, we would get beat up plenty. Factory Five has earned their respect and I believe to intentionally damage Revenge Designs is to damage the future of Factory Five. This they wont do.
I dont think I'll bring it up there again out of respect for both Factory Five and their current rec. builders. For the Revenge GTM to become a topic on its on there would be a big dis-service to our pioneer owner builders, and would surely put a crinkle in GTM kit sales - remember Factory Five is in the business of selling kit cars....we dont want to sour the deal or any sales of kits for Factory Five.
If Revenge and F5 DID NOT have an understanding in place, I have no doubt at all it would have been reported pronto, and the name Revenge Designs beaten into the ground there. The forums are really excellent dd in understanding the huge amount of work that goes into the GTM especially the current body panel assembly (drill and rivet)and the huge amount of time needed for fit and finish. Even now with over 200 kits sold, a person probly has more fingers and toes than there are finished quality GTM's on the road today.
The preliminary GTM marketing has already been done with the KIT cars, and its plain to see from reading articles the GTM is ALREADY a huge success - thanx to Factory Fives excellent marketing efforts along with the outstanding work by current builders of the GTM mentioned on the F5 site....
JMHO -P.
Was it this board where it was posted the company has 2000 investors? Well, I've got a million plus shares. Maybe the other 1999 investors got the same. Oh yeah, at 1.7B OS theres not enough to go around.
When good news flows might be a little tight picking up those million share buys.
80M contract over four years? lets see. 200 GTMS a year for the satelites and 50 for us. Well, way I see it, the 80M contract is a work in progress, and an update due soon enough!
Does the criminal charges for Mario and Pam open them up to civil suits from individual investors?
Well Jux, seeing as several big holders have professed a willingness to sell much of the multi million share holdings there is little reason for anyone to want to either buy or sell anytime soon before news hits (if it ever does).
Mad apples holds large or so he says, so do you and WSM and all of you have expressed a desire to sell. I know if I buy at this level someone will immediately dump right afterward (always my luck)and drive pps down further...
Mentally I have written the stock off yet there remains the tiniest speck of hope I can recover at least 50% of what I have vested. The company wont release any news and any investors nearby to the company cant be bothered to visit the place or talk to the people who work there. So, no more money from me.
Bell Buckle appeared to be a happening brick and mortar company with real substantial sales and a bright future. No one even wants to verify that the Walmart district pr'd as carrying the product still carries it. Not every product makes the grade and are dropped if they dont sell quick enough.
The company officers hold other jobs in addition to Bell Buckle when we should have a dedicated management team. If the company was as successful as they made themselves out to be...
So far things seem to be pointing in the direction of being had by these so called "honest homespun country folk".
After studying the 2006 filings with gross income over one million dollars, I figured we should be doing in the neighborhood of 2-3 million for 2008. Dont know if we will ever find out if the pr's were for real or just bs.
That pinkyland for ya, we know the risks when we put down our money. Who would have guessed those happy smiling chubby cherub looking faces in the ibox Simmons family portrait were really smiling at the prospect of taking our money and getting even more fat off our money.
I hope to never see that picture in the ibox again. If I do I'll simply print it off so I can spit on it everyday.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
If ya really want one bad, there's also a GTM kit for sale on ebay, save on the options and delivery. Guess it was just too much for them to build. Might be able to get it for 15G's, delivery included....
GLTA and a great weekend! - Looking forward to more decent pr's. - Penn.
I would imagine. Didnt Major Carnage announce conversion from preferred to common back in January? Believe they were converted to restricted common shares eligible to trade in 2009.
Seems to me the market has adjusted pps to a fully diluted scenario.
Dog - thanx for the welcome. Yes of course there HAS been dilution as OS is now greater than old AS of 1.5
I guess I was a little too subtle. What we have is a poster or posters who say Peter says it is not him diluting, but obviously dilution is occuring. How can that be so?
Someone somewhere is lying (Peter or the poster(s)), or.....
Peter has cut some kinda deal somewhere with someone that involved transfer of shares to another party (non restricted of course). That party then released shares into the market - not Peter.....so technically Peter can say it was not him that released shares into the market. Peter did not deny that dilution was taking place, just that it was not him doing it. Like to hear someone else take?
Getting rid a Major Carnage would be worth the half billion shares for sure. That was a pretty long shadow to be under, and we still appear to have our hide intact.
Lastly this little run reminds me of tclt a little while ago. Ran from .0002 to .001 on zip. No news no nothing. Just MM's wanting to scalp a little money, and shareholders desparate to believe something was happening.
Dont know if thats the case here but find it unlikely Peter would be putting out a third pr/update so quick.
GLTA and have a great weekend! - P.
Nonsense. It will uptick only when there is sufficient sustained volume/demand allowing it to occur. There are a number of factors affecting demand for the stock right now, and until those issues are addressed properly the pps stays where it is. If MM's cant sell squat at .0002 why should they raise the pps? At a higher pps I doubt we would have ANY volume at all.
Boardmarks over the past two weeks have dwindled down from over 600+ to where it is now. The negativity on this and other boards have been overwhelming giving the impression of being permantantly cellar boxed.
When the GTM, Honda, and Pontiac dealership networks step up to the plate and publicly announce relationships things should be a little different. Of course lets not forget Factory Five Racing.
The company currently has a lot of shortcomings that need taken care of, but all of these things take time. Most of us here seem mighty unwilling to give the company the time needed.
Most of us here would currently qualify as "bagholders" meaning theres nothing much in the bag, but I am hoping that by Halloween it will be more treats than tricks and that bag gets fulla money.
I dont know about the rest of you, but I did not expect the company to construct a new building, hire new staff, acquire inventory, and design, develop, and manufacture enough new parts and inventory to build a new GTM when I bought my first rvgd stock.
Really, how far do you a million dollars would go? To accomplish all of these things did no one suspect more money might be needed, since the money raised was announced to be for the new building? Did we expect Peter to pay for stuff out of thin air?
JMHO but I believe there is another player or two here aside from Factory Five...
Remember that Peter says he is NOT diluting, which means the company is not receiving income from the sale of stock. So where is the huge amounts of money required to pull this off coming from? Been quite a while since last dilution if you choose to believe Peter.
Where is the money coming from to develop the GTO Solstice Ridgeline parts? Where is the money coming from to build all these cars? If we are not making money, how is the staff being paid?
Too many questions and not enough answers...for now that is. Im betting things will change for the better over the next few months and the pps will reflect that as more and more people see the potential. Since there is little to no risk of stock tanking (LOL LOL) from here, the pps kinda has only one way left to go and thats up.
Prototyping new parts aint cheap by any means, especially if it takes a few tries to get the parts right before production mode, and then there is the required parts inventory nec. to build the GTM - 250 per year as announced.
Now who has experience building racing cars and parts and has manufacturing capabilities in place already so that our proposed production facility exists only as an option and not a neccessity?
It could be very true that original plans are now changed with GTM production taking place with/at our JV partner(s) existing facilities. No permits or reviews required LOL! Pure (hopeful) speculation on my part here of course....
regards
Penn.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
Nu GTM article - Hot Rod Magazine EDITOR says in Sept. 2008 issue, top speed challenge - "I want one!" http://www.factoryfive.com/whatsnew/press/hotrod/images/sept08/shootout.jpg
Also, GTM supercar chosen by PLAYSTATION for video game....
Dont try and tell me we aint got a hot product coming.
- P.
Just imagine when the automotive world finds out the GTM will be available without having to build it yourself, and the word Revenge pasted in all new articles from a variety of similar mags....
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
holding gains? Well, BB and his boys need to prop that pps up to induce others to buy into this POS. Was wondering how low it would go before they were forced into some kind of action.
After all, SOMEONE has got to buy some stock and keep this thing from expiring.
With the expanded production capacity (what production?)they announced,maybe they will drag that scap metal outta the field and make a show out of putting it together (again).
On the other hand that scrap metal might be on its way to China to make another Toyota.
Now there are two companies offering electric GTM builds:
1- http://www.quantumworks.com/L3Research.html
2- http://cgi.ebay.com/ebaymotors/Cars-Trucks___2008-CABRIA-ELECTRIC-SUPERCAR-EV-Electric-Vehicle-Car_W0QQitemZ200242504191QQddnZCarsQ20Q26Q20TrucksQQddiZ2282QQcmdZViewItem?hash=item200242504191&_trksid=p3756.m14.l1318
fwiw - just sent blackbay tech information on OUR GTM that will be in production shortly. Suggested they contact Peter to order ASSEMBLED TO ORDER GTM's instead of building gtms from scratch themselves. Revenge offers obvious advantages to starting off with a car kit in a box.
If you are a long who would like to help rvgd, then join a GTO club forum(s) or Ridgeline owners forum(s), post pic's of our Revenge GTO and Ridgeline models along with a little sales info....nothing wrong with a little promotion and marketing. Edmunds.com has excellent forums.
Gives new meaning to the term "active investors" LOL.
Last post for the day now used. GLTA.
P.
BTW - just let the F5 forum in on our new update - no donor car required!!! Yikes. Lets see what fuss that might cause there...
Eye Ator and board - Hey, an exciting time for Revengers for sure. First GTM in paint shop next week, suspension tooling completed, promissary notes taken care of, mortgage free building and property, an established reputable company for a partner, building multiple streams of income from different sources, new satellite offices, expanding Ridgeline sales and dealers, a current pps that values the company at what the 3 GTM's alone are worth completed.
There will be some very sorry people when the GTM rolls off our production floor and is available to the general public. Hindsight is ALWAYS 20/20.
All this from a start up company thats less than one year old - so the second year in operation is the one we longs should really be looking forward to. The new redesigned 2009 GTM.
To board longs - eye ater has asked me if I would like to be assistant mod. If no one objects too strongly, I accept. Maybe even raise my daily posting to fifteen from three LOL
GLTA - P.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
flptrnkng: "You can buy the kit, and a donor Corvette, and some Porsche parts, and build your own." - What you would have here is a new KIT CAR with USED parts (milage?). Richard Oben ( a rec. builder) has completed four of them. One was a complete custom build, and the remaining three were kit cars the owners COULD NOT FINISH!
Both Richard Oben and Dave Borden have stated that a BASIC build with used parts will start at 60 G's - a custom build has labour costs which runs 1000+ hours... (Richard and Dave are on the list of Factory recommended builders you mentioned.) BTW Richard has a "basic" quality built GTM for 94K up for sale.
Did you know that the kit car has over 3000 rivets? Or that the intake and heads needs reversing 180 degrees? Or that the tranny costs mentioned dont include ALL the parts needed for an install? A quality paint will set you back five to ten G's? Quality wheels and tires another five G's? How about the interior work? etc etc etc.
GTM research will show a quality "basic" build or do it yourself will run closer to 80 G's. Thats straight from the keyboard of F5 recommended builders....it takes one of these custom builders at least three months to complete one GTM. If you are gonna build it yourself, you are looking at a couple of YEARS...
Revenge is not on that list of course as they do not have a history of building CUSTOM vehicles for F5 clients. I believe what Revenge will be offering will be radically different from the current GTM AND exclusive to Revenge useage, which is no big deal.
There have been less than 300 sales of the Factory Five GTM kit car in total over the past three or four years, so that wont effect us or current GTM owners a great deal. The Revenge design will most likely address the GTM's current shortcomings including costs, so that the GTM can TRULY be a supercar affordable by everyone and one that can be financed by a bank.
In essence I believe what Peter and Factory Five will accomplish together will result in a production GTM that will be cost comparable to a kit cars completed cost, except this one comes FULLY assembled for the same price, has all brand new parts AND a FACTORY WARRANTY - no assembly time required, and no waiting for parts or completion.
Factory Five may finally see some profit from the GTM once in full production, but the benefits to them will be real. Lower per unit cost to produce and passed on to the client, current design problems addressed, greatly reduced real-world build times and ease of assembly (knowledge and experience) for future kit car builder/owners.
Eliminating the need for a "donor" vette also means that you are not stuck with the gas guzzling V8 vette motor. A standard GM crate engine should suffice, maybe even a V6 instead to allow you 35+mpg on highway, or even a hybrid model...
Some will want the performance, some the beauty of the machine, some both. Some will prefer the GTM off the showroom floor, some will want a custom build.
Will the GTM sell? Well....here's what Shane (custom builder)has to say about the GTM salability - from F5 forum thread "What the coolest thing that happened while driving your GTM?":
"Keep in mind that I don't personally own a GTM....I just build them for others to enjoy, for now.....but all I can say is that the GTM just sucks! When I took them to the alignment shop, both GTM's (the gray/silver one, and the yellow/black one) sucked all of the shop's employees away from whatever they were doing. It sucked all the guys and gals out of the shop's front office and even sucked a few people right off the street into the shop. When I arrived at the shop, there were like 2 people there, and next thing I know there are about a dozen people all standing around it!
When I'm at the gas station with the GTM's, they suck teenagers cars right off the street and right up to the pump!"
__________________
Shane Vacek-VRaptor SpeedWorks, L.L.C.
Supplier of SS Front and Rear Louvers for the GTM!
GTM's Custom Built for You!
http://www.vraptorspeedworks.com
regards,
As long as the lies are pr'd it would represent some progress at least LOL. At the very least we'd still know the company is still is business.
As it is the stock is dying a cruel and unecessary death...
Mod stuff - board cleaning is due. These are posts about previous posts or posts about posters. Anything that is not directly about the company or company officiers as the MAIN topic of the post. I will do this tonite unless WSM wishes to first, since some posts deleted will be his.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
He's a little late for the Indiana car company as they already have an unannounced partner and I believe and upcoming merger with a private company.
The boat company sounds interesting and could be a possibility. The Bermuda triangle makes boats disapear and BB makes investment money disapear. Sounds like a match made in heaven LOL.
Are you sure BB hasnt partnered up with Criss Angel Mindfreak?
BB's biodiesel plant seems to have disapeared...or maybe we should hire Criss to make our biodiesel plant re-appear?
What will be there when the Opp tent comes down?
Seems to me that the truth is that Beebe will only "invest" or acquire a business that stand little to no chance of succeeding. Heaven forbid that one should actually make ANY income.
Opps: Either it WAS a genuine biodiesel plant, OR, it was simply a collection of rusty scrap metal from a junkyard. Guess we will never know. So what happened to it?
Was it a real biodiesel plant he transported here?
How much did it cost?
Was it ever assembled in Opp?
Where is it now?
Was it just scrap metal from a junkyard, and is that where is it now?
Lastly, how much money is quix down LOL!
Truly, IS BB a thief? Just examine the available facts now available about the "biodiesel plant", radio station, and "Gold" mine,and then make up your own mind.....buying this stock is tantamount to throwing your money away.
JMHO (and most everyone else's) - P.
FYI - 1st generation biofuels are history....second generation biofuel technology poised for success...
Given todays pps action quix must be down to about a third of what he has invested, and no bottom in sight yet. Wonder if he is as quick to chirp about the virtues of prgl?
Quix, welcome to the bagholders club LOL. Perhaps another RS to completely eliminate shareholders altogether...wait a minute he's already doing that with our "dividend" shares..
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
A salespersons time is valuable and Im sure that he would not appreciate getting calls from a hundred investors. A large number of calls would result in business interference.
On the other hand the information your email provided says a lot. We have Penske Honda dealers actively marketing the Revenge product....its available at a reasonable cost for the custom look and performance.
Completion of the GTO parts represent another source of income when production occurs as pr'd.
Remember this company has not even traded for one year yet, but has already developed multiple income sources that are now just getting started with owned production facilities.
I think Peter has delivered on a lot he has promised but for some strange reason doesnt want to pr the successes. Getting into the dealers showrooms is no small feat any way you want to look at it.
Everyone wants everything at once and they want it yesterday. Well, this company is only ten months old. We are into Pontiac showrooms, and Honda showrooms, and into the final stages of production design with a new production vehicle, and are housed in our own debt free building, own the lot for the new addition, and have the money on hand for the expansion.
Our products are also being marketed with specialty parts manufacturers, with new products being added. Peter has hinted that there MAY soon be another vehicle (maybe manufacturer) aside from the GTM in our future. Company management is expanding.
Lastly it hardly seems possible that Revenge could go forward with production plans unless Factory Five was involved every step of the way. At ten months old it might be that all this company needs is a little more time to accomplish its lofty goals.
GLTA - P.
That could very well be true. This car promises to be the fastest production car built on American soil. For Peter to NOT share new photo's of GTM at this time must mean some pretty significant and noticeable changes have taken place.
One consideration we have taken for granted is that Factory Five CAN produce enough complete kits for us without a modification or expansion of THEIR facilities.
Currently F5s ship the GTM in so many boxes and pallets I believe. This is backed up by a post of the GTM forum that advises uncrating the parts and immediately doing an inventory, letting the company (F5)know what parts you are missing...if any.
My way of thinking is that F5 will also need to "expand" GTM operations and warehousing of parts. Whatever the case, Peter could not pull this off without working hand in hand WITH Factory Five to pull this off, and it seems obvious that F5 must also expand their operations.
Perhaps....the delay(s) are not only Peters fault. There is no need to build the expansion until F5 is ready to deliver?
There are more than one factor that is beyond Peters control Im thinking.
In order to put out one GTM per day I think that the assembly process must be "shared" by both companies, with F5 delivering partially assembled (chassis)vehicles instead of boxes and crates.
When one looks at the enormous task of building a production vehicle, there is NO WAY this could be made possible without BOTH companies working hand in hand (seamless process integration). Factory Five has an excellent reputation and will make an excellent business partner in this venture -already enjoying huge success in a niche market.
There might be what seems "endless" delays, but it seems BOTH companies are hinging their success on the introduction of the production GTM. As it is the GTM kit car costs and build time prohibits it from ever becoming truly accessable for the everyday fella, limiting the GTM's and consequently Factory Five Racing company success.
It just a matter of time IMHO, and I have some to spare.
P.
no news, no interest, no volume. stick a fork in this one? Even if pps was at .0005 it would be a tough sell right now.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
How about a pic of the INSIDE of the shop - Please?
No - I dont really expect to. Factory Five is by nature of the agreement pr'd not in a position to respond UNTIL Revenge GTMs are signed off on.
However, someone from the F5 board has asked Dave that very question so we'll just see what is said if anything. Right now the best response from F5 would be "No comment at this time."
The GTM redesign would have to be significant in that it takes a custom build months to do with the present design. Revenge has said 250 GTM's per year, or about one per day.
Until all parts have been signed off on, final assembly of all three cannot be completed, consequently the F5 sign off.
Lot of work to be done in addition to handling day to day operations,along with a horde of screaming bloodthirsty investors.
Be cool if Maronti stopped by and squeezed off a few pics of the shop. hint hint.
P.
Lets hope better days are soon to come.
Peter says there is an open door policy for shareholders. Just have someone stop by equipped with camara. Who knows just might get a glimpse of a new project? Lets see whats in the shop right now.
Should be a lot of new vehicles in there if things are happening, and maybe see some progress on the GTM's?
Revenge Trans am in our future? A 2006 GTO wont get it after these come out! http://img143.imageshack.us/img143/3473/7kpwv1fuoa6.jpg
island: seems some are taking advantage and buying. Same with day before the dump. Sitting tight. GLTA - P.
RE:JR's claim about the costs. - Are you sure that its JR's claim about the 50cents per gallon cost? Sure its not the claim of an independent study by a couple PHD researchers from Cornell University, backed up by another study by a second University?
Pretty sure those numbers were produced using off-spec (spoiled)soybeans, and at that time soybean prices were considerably lower. Off spec beans probly cost 3.00 - 3.50 per bushel.
Agricultural or industrieal wastes cost can be as low perhaps.
In the case of auto "fluff" there is a tipping fee ususally involved giving the company an immediate income before processing the "fluff".
In any case JR has a large number of industry experts who can and will back him up.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
A stock scam usually involves selling shares into a good pr campaign. Has that happened here - no.
What seems to have happened is that big money (smart money) has invested in the technology on an international basis. Not only large companies have invested money and time, but entire countries (governments).
JR might personally be in hot water, but nothing he cant handle will all the money and FRIENDS he now has. If the technology is a scam, then SEC will be the least of JR`s probs. He will most likely have a couple of South American hit squads after his azz LOL!
The sec has what is says it has, research and information provided by third parties. Currently research shows what JR claims cannot be done. Big money has said Prove it first, and I`ll give you the money. Well, JR got his money.
Time will tell all. For now kick back and watch the show.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
Let me put it this way Red. On FACTORY FIVE FORUM there is now a post containing the pr stating a possible partnership, and the fact the pr has been out for some time now. The whole F5 community now knows. I just dont see how FactoryFive could not be aware of my posting there, since the owners themselves occasionally post. Therefore if the pr was full of crap, would they post it on the forum at all? Or let my posts stand?
IMHO I believe the Factory Five announcement was premature, because they have not signed off on the production prototypes or models. Our partnership will (possibly) go forward from there.
The news of a OEM production model was not really enthusiastically accepted by most "founding" members of the GTM owners clubs or forum there.
It is unknown at this time whether or not Dave Borden even brought up the matter while on his visit with Factory Five, and if it did, Im sure F5 would ask Dave to keep a lid on it until THEY decide to step forward and publically acknowledge the relationship between Revenge and Factory Five, outlining or confirming the arrangement.
The fact that Factory Five has not stepped forward to either deny or repute the "partnership" pr tells me that perhaps the pr contains enough truth to it to stand. This also will be my stand with Mr Borden.
Remember that their forums are for a good part VENDORS who themselves build GTM's and parts for GTMs for clients. The production car news could not have been welcome and Im sure they will be finding out on their own. If nothing more on the subject surfaces, I'll take the absence of a denial as a positive for RVGD longs and Peter.
If you bother to read the thread you'll find that these founding members have developed a certain attitude of "ownership" of the GTM development and working their way through the cars identified problems and assembly hitches.
The GTM owners club is somewhat "exclusive" and that flavor comes through their postings. The GTM is also very expensive to build (for a KIT CAR)and requires a great amount of skill determination and HELP.
As long as the GTM remains "exclusive" in that only a select group of people can build and own one, the GTMs success and consequently Factory Fives success will be limited and not reach the companies stated goals of making the opportunity available for the "everyday man or woman" to own a genuine SUPERCAR normally costing hundreds of thousands of dollars.
Factory Five needs to make the GTM more saleable to a wider variety of people, not just motorheads and racing enthusiasts.
Revenge Designs and Peter just might be able to help them make that happen with a yearly production and sales of what Factory Five has sold in total to date over the YEARS.
I imagine Factory Five has literally millions of dollars tied up in vehicle development, but has seen little return by the sale of just over 200 kits in total.
The GTM kits require just too much expertise right now for the average Joe, and the costs to have one built are just too high. Without a company doing what Revenge has stated they will do, the GTM WILL remain exclusive to the rich and privilaged. That is not in line with Factory Five stated company goals....
There has always been the Penske Supercar rumour, and hey guess what? We seem to have a bevy of Penske Honda dealers as current clients. That the GTM will be a huge hit I have no doubt.
Can Peter pull it off? That is the ONLY question I really ask myself, not "is Revenge Designs a scam?". I have made the effort to phone around and Revenge is real enough to the dealers.
Its a long shot but then again this is pinkyland where pulling large profits always comes with large risks. Some ya win some ya lose.
have a great weekend. P.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
Monday and Tuesday ought to be real interesting pps wise. As far as the technology part of it, I'd go with the people who have witnessed and tested everything before signing multi-billion dollar deals.
The fraud part (pps manipulation and dumping)may come about though. I believe JR might not survive as CEO but I believe the company will pull through.
Is the company a scam (Rivera Process)or not? We will soon find out. If the technology is proved to be what was claimed in pr's, pps will fly. Simple enough to see if it does what is claimed.
GLTA - P
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388