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enthusiasm,optimism and good cheer are all good things---but rvgd has been waving red flags for over 2 years.to ignore them is just not good business sense.rvgd is a no rev maxed AS pink whose first attempt at bringing a vehicle to market was a complete disaster.there is no logical explanation as to how a financing plan would not destroy current shareholders.the only selling point to the verde was the 100mpg ceramic magnet hybrid engine---this seems to have disapeared----I cant imagine anyone thinks there is much demand for a $180k v8 kit.and the biggest red flag--the target of 750 cars in 2010.for the legit longs here--I hope it works out for you,but you best keep your eyes open.I disagree with many here---but how silly to ignore them(or claim to) just so I can keep my head in the sand.
I think morris has made it clear there will be an increase in AS,and dilution will continue.
its a slow period before the show---I would love to hear any hypotheticals on how financing would be structured for gearing up production and NOT kill the SH.all I am going by is every other pink deal I have watched.
I dont know if I agree w/that,my point is---if you think someone is going to finance rvgd ( as to production/serious funds) there is no way the CSH will not be diluted into oblivion--just a given.
a question I have been asking for some time----------------------
what would ANY sort of financing do to the current shareholders-----Im afraid all I can go by is every other no-rev pink I have watched ( there have been many)---just about 100% have evaporated.
isnt this exactly how rvgd traded yesterday ? also on zero volume ?
sorry---imho---I would have to think for legit longs,investor confidence must be near a low.even as "showtime" approachs---volume has evaporated as pps seeks newer lows--zero faith that the "magic motor" ever appears--zero rev,maxed AS.Huge bump in AS and RS are almost certain.fwiw---Ive been posting on rvgd since .03.
I doubt the reason the previous RS was cancelled will ever be known---some still operate under the thought peter did it "for the benifit of the shareholder"----I GUARANTEE that had nothing to do with it.I will state that as another non-rev maxed AS pink------you will see 2 things----huge bump in AS then dilution---or RS and dilution.
as I said 2 years ago-----the best DD you can do is look at the peripheral players----eeso,the boat guys and the car guys ====ALL picked up by the same guys w/in days--Ateam and carnes is a death sentence.#1 find a "real company" (must have a leased building and someone that answers a phone)----and a ceo willing to cross over.
rvgd----zero rev,maxed AS ---rvgd will soon prove to be the latest in a long line of pink stock selling "companies " to come and go.even the most optimistic cannot present a scenerio where current shareholders positions do not evaporate.
there is no "patent madness"----now that may be used as an excuse for never placing an engine in a car--but thats it.rvgd will end up trying to sell their $ 180k standard v8 fibrekits--I see little demand."outside investor financing" would dilute rvgd into oblivion.
this has been dead for some time.
as Ive said---some secrets are too big to keep---if there was an engine anywhere close to reality----all would know.
if incorrect on my predictions of what happens to rvgd-----I will be the absolute FIRST to say I was wrong (have made this offer on all the stocks I have monitored (will expect to hear nothing from anyone if I am correct)----but if all are able to view this in a realistic light---you must acknowledge the un-likelyhood that there will be an operational ceramicmagnet100mpghybrid---and a target of 750 in the first year is absolute nonsense.
rvgd is generating little interest---much less than at the time of the gtm too many saw what happened before---.Im afraid there are only 2 outcomes---and little chance of either--some sort of tenative date for a ceramicmagnet100mpghybrid (the nonsense magic motor)----or interest in a $ 180k standard v8 fibrekit-----may be a tough show.
z I was being diplomatic----for 2 years I have been giving my opinion as to what I thought would happen here----NO I dont think a white knight rides in.
over the past 2 years I have seen MANY official PRs not come to fruition --for the legit longs---I hope it helps the cause,but I think most will agree $ 450k means little in the big picture---may have paid some bills.
I would think few legit longs are satisfied with "let peter take care of the details"---IF a serious investor steps up----my guess----they will want a majority stake.
I am still curious as to how a production facility will be financed---I think all will agree a rumored $ 450k loan means nothing.
will know soon enough----I think it is clear to all,no ceramicmagnet100mpghybrid at the show--just the standard v8 @ 180k---maybe that generates some interest----only my guess,bit I think 1-2 units.
I dont know if the bump in AS has oficially been announced yet,but it will happen---then after maxing those the RS will be required.rvgd is the typical no rev fair story maxed AS pink.whether you think there is a ceramicmagnet100mpghybrid or the standard v8----rvgd has no cash----need to sell some shares.the rumored $450k loan means nothing.the show may generate a nominal pop---but my guess---will be WAY TOO MANY UNANSWERED QUESTIONS ABOUT THE MAGIC MOTOR----will get ugly w/in the first few days of the show.
true that the RS did not execute last year---frankly I doubt the real reason will never be known---some think it was the result of peter speaking w/ a handfull of SHs and cancelling it "for the good of the shareholder" !!!! rest assured THAT is nonsense.rest assured also,2010 will see a huge bump in AS,and a RS that IS executed.
all can re-write the PR any way they choose----however,it stated 750 by 2010---will not happen 750 by 2011 will not happen---if the 100mpg ceramic magnet hybrid doesnt show up----will not sell more than 1-2 standard v8 fibrekits.
my guess--the Tesla production facility is a 500 million dollar operation (probably much more)---and took several years to gear up before the 1st car rolled------my stand is still that there will not be an operational ceramicmagnet 100mpg engine-----but it should be clear that a target of 750 vehicles in the 1st year (with no facility yet !)has ZERO chance of happening.
folly to try and dis-prove the negative------I would but Im too old and tired.rvgd's big mistake---claiming a technology too big for their britches-----the ceramic magnet 100mpg hybrid reads GREAT----as far as pete and his buds developing this huge, complex,dismissed by all other big mfgs technology------the chances are zero point zero.------------------------yes,there are patents/provisional/pending/double secret-------------rvgd will not implant one in ANYTHING.
for the legit longs----perhaps you should be very concerned----ALL conversation has been on secondary topics---MMs/L2/SEC restrictions/old PRs/brokerage firms--while all important(and all paint a negative image),a distant second to the ONLY thing that would give rvgd any value----a ceramic magnet 100mpg hybrid engine.the chance this backyard garage turns this technology into an operating engine is about zero---and the back-up option of selling any$180k standard v8 kitcars is also zero.
interesting that some still are so eager to give mgmt so much credit----you have a ceo that sold as many shares as possible--did a RS--more diution--bumped AS by 5 BILLION ---diluted down to .0001----guaranteed he will sell as many as possible till bid completely evaporates( there is still a group that thinks ---hey,@ .0001 it CANT get any cheaper)----then----mark my words---he will RS again.for a ceo of a no-rev pink to throw around a figure of 25 BILLION for AS---shows complete disregard for his shareholders.happy new year.
there have been no games.a few million shares of a .000 mean absolutely nothing.rvgd has been in a months long slide---of course there will be a few meaningless pops as the flippers trade----take advantage----as the nonsense of the "magic motor" becmes clear----will get VERY ugly.no-one REALLY thinks any $180k v8 verdes get sold ---do they ??
how many shows will the 1 standard v8 verde attend before it is announced the ceramic magnet 100mpg hybrid will NOT be an option ?
there is no short position of any substance for rvgd----there will be NO "huge short squeeze"-----may see a small pop before the show----but when it becomes clear rvgd will be marketing ONLY standard engine cars ( @ $ 180k) things will get very ugly.
interesting,but,you have to go back to the basics------this is either a ceramic magnet 100mpg hybrid----or they are have to sell alot of $ 180k v8 fibrekits------sorry,jmo----I dont think either happens
reviewing peters track record here and abroad does not support the babe in the woods theory.but,again,the focus really should be on the car------downside is,had there been ANY whisper of news about a magic motor being a viable option in a rvgd vehicle----that is what talk would be---just will not happen-------THAT will be the kiss of death,not stock shenanigans.
sorry,I just dont see manipulation---this is purely retail sellers seeing nothing but bad news.illegal trading resulting in restrictions-usually does not end there.the only thing that pushed this was anticipation of a "magic motor"--most see that as highly unlikely
wow---dec 21 in a "response to lang"-----------------------------
I used 25 billion,but that is just a number,I could have used 5 billion,I could have used 50 billion.The paragraph was an example,nothing more than that."
Looks like the 25 billion was more than just a number !!!!
hate to say it but what NONSENSE----If the good doctor gets his million dollar judgement-----MY GUARANTEE--------HE AINT BUYING 10 BILLION COMMON SHARES !!!!!!!!!!!!!
and the chance of any sort of "buyback" is zero.zero.
this thing is getting a real stink to it.
running paid ads in a magazine are not much of an indication as to whether or not there will ever be a "ceramic magnet hybrid 100mpg engine" as an option.
I still think the only topic that matters is the "magic motor"----secrets cannot be kept----if one was remotely close to being an option---rumors would be out.
just my humble opinion---absolute nonsense to think peter was duped----he knew carnes' rep--THAT IS WHY HE HIRED HIM---END OF STORY.and if after illegal trading activity--- you expect firms to allow trading of shares till every legal recourse has taken place---the damage is done.
I trust no-one is really surprised-------------people,I told you months ago this would be the exact scenario------you have a zero rev pink who bumps AS by 5 BILLION -----AND ANNOUNCES THEY WILL BE SELLING SHARES !!!!! what did you really think would happen ??-----now,do you buy here ?---you may see a few minor pops,buy mgmt has billions of shares to sell----then-----lets pretend they sell some software (thats what they do)after the AS is maxed again----do you think they RS ????---OF COURSE THEY DO !!!WHO WOULD INVEST IN A SOFTWARE COMPANY W/ a PPS of .0001 and 6 billion shares ?? I wouldnt be in too big of a rush to buy shares !!
expect to re-read that PR again----as I posted earlier---will be 1-2 more shows attended (verde w/ v8)----then due to factors beyond our control--production will no longer proceed with the verde.folks------took a bit longer than I thought,but this is what I told you would happen w/ rvgd,the boat guys,the green cleaners.Ateam starts the run (almost to the day for all 3) it come out that SC AND BK were involved---exact same tall tale for all 3.
you do have to wonder why it has been so long since ANY discussion of the car and the 100 mpg magic motor.