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Excellent and thank you. Just the signal I was hoping to get so I will try grabbing a few more shares.
The company needs money and will have to work on getting the share price up there, and perhaps a little financial information.
The company has stated a need to infuse money into new ventures and it must come from somewhere. It would appear if the stock is gonna be sold to fund ventures then it stands to reason a 4B AS is useless UNLESS the share price finds itself in the pennies.
IF money is to be borrowed, the company CANNOT use stock for that purpose. ONe of the conditions Ribotsky put into the CD agreement I believe.
The stock has become valuable to the company and not to be used to merely make interest payments to Ribotsky. It must be put to a higher use.
The 4B AS is not that high for this size company at all. 4B is NOT enough at this pps to pay off Ribotsky. Either way NO RS for a little while - a reprieve from Grim Reaper.
Looking forward to following pr's, and will be adding a little more to my sshs stockpile hoping there are penny plus days in near future.
.........................
Shelly Anderson, Vice President of Operations, stated, “The projected revenues generated from this division can double the size of the company in the near term.” Anderson also stated, “The investment to enter the nuclear market is significant, but the return on investment is considerable as well and we are excited to be able to provide this level of security to our end-users.”
Since there is not a single Simmons family member left in bllb management profiles, I dont believe we even have a company left. I think the country store is the only entity the simmons family is now involved in.
Someone needs to go to Bell Buckle and corner one of them slippery rascals and get the scoop. Its pretty clear we are not ever gonna hear another word from them otherwise.
Whether it is a blog or an article, any third party coverage is welcome. I found it encouraging in the armoured Ford F-150 is worth more than current market cap by itself, never mind anything else.
Whats more it appears the armored division is not just a pr, but something that has been in the works for a good while and announced only when ground works laid came to fruitation. Not chump change.
Could it be that greed is slowly insinuating itself into the mindset of those on the sidelines and gaining ground on investing fears?
There is just too much good pr to come from our new international markets as the projects come on line.
As for the multiple prs (same client), the pr's will stop when these existing clients stop adding new services and new contracts. Each new contract with same existing client gets its own pr.
Perhaps those here who call the company a scam will be kind enough to provide links to DD that proves otherwise.
In any case, one day this will catch the eye of Shakerz where a billion shares can get swallowed up pretty quick. I noticed in a recent post you conceded that increasing the AS instead of an RS is not out of the question.
I still say it makes more sense to raise it to 5B that simply to RS it 1 for 100 and still keep the paltry 2B AS. %B is not a lot for a company with earnings upward of 60M.
You know what though? Even if they did RS as you predict, I'd reload some. YOu cannot win the lotto if you dont buy a ticket.
Lets see if greed will gain some ground over the next few month.
P
Enough favorable write-ups and articles and we wont have to rely on Lagow. With all thats been reported as happening, maybe there will be a follow article or two in coming months.
It appears that if we have bought into a scam, at least its a classy one LOL. Real offices, training facilities and stuff...
OhBull...now what is the new prez doing hanging with TM when he should be hanging with CEO or owner of private company of Invincible Resources LOL.
As unlikely as it is, a pr outlining 1st quarter earnings from all divisions might help things along, as well as a shareholder update including plans for repayment of CD would certainly help turn things around in a hurry.
That is if revenues are as reported in previous pr's...
In any case liable its all a coin toss, but as far as pinkies go the reported revs so far have me kinda intrigued. I got a few tickets for the show and willing to wait and see how it all turns out.
As a lotto pick, you cant win if you dont have a ticket or two. What can I say - its a pink...
P.
An rs this summer? I disagree - raising the AS to five B would be more in line I think.
"The Times Bulletin received a copy of the letter to Collorafi severing the relationship and in it Pelmear says "Your complete lack of contact with us, and lack of follow through on the various Memorandums and Letters of Intent we have executed, has become a major concern and has made us realize that you are preventing our advancement and growth, both in the present and in the future."
Hmmmm....sounds like Pelmear bought a few shares of rvgd and received the standard BS treatment as the rest of us. LOL. Glad I took profits and never bought back in.
Wonder if Pirate Pete is back in the land of down under already...
Yeah I think a ten bagger is possible but I will take a chunk out of the middle somewhere. Selling half on a double is a habit of mine and I rarely take more than a 200 - 300% profit. ANY profit is better than a loss is my way of thinking.
You admit to making money with sshs, so why sweat it if I (or others) want to take a swing at making a few bucks with this stock as well?
I could be wrong but IMHO it has a better chance of hitting .002 before it hits .0002
If they dump another billion shares then its .0002 before .002
Coin toss.
YOu can say what you want but with a current estimated market cap of just a half million bucks a run to .005 is totally doable.
A regular bank loan of 5 million to payoff CD would sure help a little. Im thinking that in six months the pps will be a little different than today. I'll hang in there and hope to pick up a little more at this pps.
For sure the rinse and repeat scenario is a real possibility, just as I think a run to a penny or more is. With great rewards comes great risk. Thats why we speculate here, not invest. Win big or lose big - pinks are not for faint hearted for sure.
Im with ya Stayfocused. Liable's OS estimate of one billion shares at todays pps gives the company a market cap of just one half million dollars.
With over 350 employees, thats less than payroll...
New rev's soon to come from Mexican and Columbian operations and sales.
The companies recent dilution seems reasonable in that the Mexican deal is worth a lot and would require some money to get going.
Seems to me an expansion of the training centres for security personal will soon need expansion (armed guards, etc). The companys expansion from one to three facilities will also help.
Monthly billings are now in the millions. Even with the debt a run from .0005 to .005 is not unreasonable and very doable.
In fact its more than likely to occur than not and sooner than later IMO. With the reported progress (revenues) Im content to sit and wait for a pps catalyst to occur.
Liable can say what he wants to, but I think the valuation of the company should be a little higher than less than two weeks payroll cost.
Thanx for reposting as that was my thinking as well. I seem to rememeber Smilin B posting that all CD payments have been made on time and no oonversions made.
That would mean current dilution is limited and needed for expansion by one or more of its rapdily growing divisions. In any other pinky company a five million dollar debt resulting in a potential 70 million dollar contract would be a good thing.
HOping to add a little more next week at current levels or below. Dont know about you but expecting an engineered run to a penny or more soon.
Dont know if this post will last as positive posts company seem to disapear.
GLTY - P.
If you had a Blade today with its magic motor, how many places are there you could refuel it?
Perhaps it should be a flex fuel vehicle? Corn based fuels are NOT environmentally friendly for many reasons.
Smilin thanx for the posts. Safeguards future revs look good in that they now have Columbia and Mexico video surveilance or suscription based revs they have reported as being very profitable.
I dont see a pr for a Canadian cable company to provide backbone services?
Opening up new areas should be able to triple subscription sales perhaps so perhaps things not so gloomy. The mexico project is huge and it will be interesting to see how things go with this one.
Hopefully at some point the company will want to toot its own horn and throw out some meaningful numbers.
AS not maxxed right now as far as I know. My post was meant to show that even if it was maxxed out at a penny per share market cap would still be low methinks.
Last financial information showed salaries alone was over 20M per year. With all new contracts and alliances, partnerships, new facilities and revs, we are probly grossing in excess of 35M right now.
hmmm. Canada, USA, Mexico, Colombia. Seems a hook up with HOmeland security is in order. Talk about Big Brother!
Wonder what current monthly rev's might be now with a lot of deals announced last year going into effect.
Seems to me the company has expanded business plans considerably and intends to be a global affair now.
2B AS maxxed out at a penny pps is still a pretty low one would think. Soon time for some up moves, I can wait.
OT:John..
-sorry no pm priv. NO idea what happened to tyche. Still have some stock as well which I hope gets wiped from account with next RS.
"Don't you find it funny though. I have never changed my tone, even when on the long side."
No I dont. Talking down a stock and then buyin when it at an acceptable risk level for you.
Me I say go for it as I intend to average down soon. I dont pay enough attention to flip but dont mind a buy and hold so I dont haveta pay attention to every tic.
Not your fault I made a big boo boo on my way too early buys, and maybe not so much mad at you as at myself.
Still, trash talkin a stock tellin other folks not to buy while you have every intention of buying lower just dont sit right with me. If you help it along to a new bottom thats just fine as its better for me in the long run.
So maybe Im no better than you, just a little poorer thanx to a dumb attempt to make a few quick bucks that turned out bad, and then compounded by not taking a hit and gettng out.
If I do make money on a real short term trade its mostly by accident with fear of losing potential profit the motivator more than anything else.
Do whatever works for ya.
Go for it Biz. This board dont need a mod anyway...
Think...I was being facitious...
I dont care one way or the other. Only pps matters for either buyin or sellin. the rest in between dont matter much. I figure another pump and run is possible, and Maronti does do his part to make that happen so I watch and wait.
Maybe I should change my moniker to Buzzard LOL.
Companies do not sell shares directly into market Maronti. You first sell them to crooks and THEY sell them into the market.
We all know rvgd is the real deal...
Unfortunately we are just unable to prove it. Thats all.
You just wait. One day Peter will have a real product and maybe even sell something. Then all the unbelievers will eat their words...
Yeah...thats right. All you unbelievers, in 2011 there WILL be a car. Peter himself said so.
Although Im CAnadian and live here, Im doing my own little part for the folks in Chicago Illinois, helping keep the employies at Wrightwood Precision Manufacturing busy...
I dont believe me buying or holding onto a penny stock helps as Peter gets his money from elsewhere. Like selling stock to unscrupulous crooks so they can flood the market - no matter how bad it hits shareholders. He was acutely aware of this, but all he said is its not him selling the shares.
Not once, not twice, not even ten times. More than that. Its all documented and on record.
No matter. GLTY.
L.
Aside from the string lock (similar to Draw-Loc)my designs are "in-swinging" very sim. to reverse limb tech.
Reverse limb tech risers are mounted rearwardly of the end of the crossbow (and ballista bow)so that the weight is closer to the body.
Holding a ten lbs weight at arms length is a lot harder to do than if it was held closer to the body.
For folks with shoulder probs or strength probs (carpel tunnel, arthritis etc)the pain or effort eventually makes the sport more painful than fun.
A lot of aging archers are reluctantly switching over to crossbows now they are becoming legal in most states.
Also my designs allow a build that is very light and compact, and can be used either in a verticle position or a horizontal position making for a vertical crossbow.
Technically my designs are ballista's, similar to ancient siege-engines (torsion based). Reg. bows and crossbows are limb powered.
My blog for add. info. http://warhammer1.wordpress.com/
Hey folks. After about ten years of hard work, I finally landed a deal with an archery manufacturer for my designs. Will be producing a new recreational weaponry product line beginning with a vertical "crossbow" designed to help physically challenged folks participate in outdoor recreational activities!
Wish me luck and watch for new product announcements from Pullin Archery products. I will handle all Canadian business for the existing products as well as develop and design new products.
Wish me luck!
P.
well Liable, I always wondered what your agenda here was, and admitting you trade the stock while posting as you do could land you a world of hurt if SEC felt like doing anything about it.
In the future why not just direct them to Smilin B's warning posts? He provides dd both good AND bad while being upfront about his trading.
I always suspected you were a shareholder and really dont care all that much, but bashing the stock day after day leaves you open to suspect. Owning a position confirms some folks suspicions.
On the other hand, sometimes the thread would completely have died off if not for your constant negativity. Not saying you did it with purpose but some might think otherwise.
Nobody likes to get kicked when their down, and Im no exception. Even though its due completely to my own pizz poor timing on purchase. Nothin against you personally, just your suspect posting whether true or not.
Other news OT: I just hammered out a deal with an archery manufacturer for my ballista innovations so Im pretty stoked today. Will be building products for physically disabled and challenged people. Vertical "crossbow" watch for it!
Take care. P.
share structure hasnt changed for about a year and def. hasnt changed since last run up. Could run up at anytime and for any reason or none at all.
The auto show is a perfect example. This time around it didnt even have an engine or interior, but pps went up anyway. rvgd has just as much a chance for another run as any other stinkin pink. The GTM-R had no such positive pps effect but the VErde or blade did...
At least with the chill the share structure stays as it is. depending on investigation and remedy, us old shareholders might even get some mo money...
Its all a crap shoot, but this one has mucho spin potential and who knows, maybe this time around....
If in doubt, just flip a coin. Thats about all any pinky amounts to - a crapshoot. Some ya win, some ya lose. Always pays to take profit when presented tho.
well....its not delisted and still shows up with a little volume once a week....
How long that will last I dont know. What fine upstanding folk them Simmons family are... NOT. Its a hoot to see Rodney on the Chamber of Commerce listings.
I may put money into the stock but couldnt care less about Peter or company. Im not here to help the economy, cheer Peter, or anything else except to turn a profit. $$$
Just about any dog stock will have a run up every year or two LOL. Why should this one be any differnt?
Just because they have not sold any product in a year or even have anything at all for sale, or even have any employees doesnt mean the pps cant go up when MM's feel like letting it happen.
Just look at the last nice little run.LOL. Presto - new bagholders.
Woof woof. Even a blind dog finds a bone every now and then, and those with patience may eventually turn a buck or two if not RS'd or diluted to death.
If not for the dtc chill there would def. be some hurtin folks here.
Geewilikers Liable, is that what a form 15 means???Wow. I never knew that. And to think every other stinky pink is fully reporting except for this one truly evil company andtheir heinous expansion. Its bound to be really really bad for us all.
I thought Gelmon just finished telling us the note is NOT in default? YOu mean to say all those pr's were just outright lies? Wow. Thats some crystal ball.
Indeed 200M shares is way too excessive for a pinky. I bet most other companies only have 50 to 100 OS. Its too bad all that information wasnt in the sticky notes Smilin B put up...thanx for straightening me out. Your such a good friend to all here. No wonder your such a favorite whereever you go.
Take care, and thanx for protecting us all from this horrible company and their awful world domination plans. Thanks also for phoning the companies mentioned in the pr's and finding out the truth, lies lies lies. What would we ever do without you?
too much bidwhackin and not enough multi day sustained volume for any monumental gains. Flippin paradise tho.
It will eventually come. Am getting curious to hear all the new biz sshs is getting and holding onto...how many million more per year have they added in new biz since last pr....$$$$$$$.
Patience I have. Not much choice LOL.
fali: the loan offer was most likely a political move. Many counties competing for poss. jobs. Whoever spearheaded the move is probly pretty popular right now.
Since Peter had no money to begin with, the matching funds he came up with in all liklihood was also borrowed. So....rvgd in addition to all the unknown debt incurred by contracting out the cars construction etc. is now compounded by at least 800 G's.
400 G's from Henry County, 400 G's to whoever loaned him the money for the matching funds.
Soon whoever he owes the money to may opt to give Peter the heave-ho as CEO and take over to protect investments. Not a bad deal to get their hands on the rights to first two years production of H2 engine if it is all they say it is.
Peter of course will have a hand in designing and have a position with the company.
I cannot see the stock ever hitting a penny without this happening, and Peter may be the biggest obstacle to company ever getting grants or funding from Gov.
If I didnt see this as a poss. I would not waste my time paying attention to this board or stock. A potential 3 bagger or more is worth waiting a year for, and plenty of time to load a few shares over the next 6 months.
Peter has always treated shareholders like so much dogcrap and I dont see that changing. His constant lack of meaningful news and pr's over the past couple years should be evidence enough.
If it wasnt for DTC chill the company would probly by now be trading under another symbol with old investors put through wringer and washed out.
Getting a new CEO would be an instant pop in pps and cause for celebration by large holders of stock (perhaps Maronti not included LOL).
Pang and Doc Nuke:
No, not really interested in how things went at all. All I needed to know was that the car was not finished, and wont be available for about a year if they really rush things.
I've been with and followed the company for way more time than anyone should with any one stock. Pinks are for tradin', not keeping.
Pistol Pete has a long history of spinning grand tales of this or that, but nothing ever happens. The only real newsworthy event was a non-event. The employees were either sent packing, or left on their own, the Dacatur building was cleaned out, the F5 kit cars disapeared, the ridgelines, gto's, solstice mods stopped happening, the parterships with various manufacturers and dealers were never utilized (if they ever existed).
With Pete its been one promise after another, and if not promises then excuses. Why should this car shell not be anything else than a dog and pony show?
Will he ever get needed funding? with his track record who in their right mind would? The manufacturing of GTM OEM parts seems to be all BS, or else all the parts were sold for scrap to pay for Buddy the guard dogs Alpo.
The company has nothing to sell, no employees, an empty building and parking lot. It is unknown if the company actually owns the building.
Pete does not even own his own house - he rents. He has virtually no investment to keep him here, and can disapear back to down under at any time.
From here on out the probability runs high that he will make excuse after excuse for completion. If it ever does make production, the body style will already be old.
Custom engines - he USED to have a working relationship with Dacatur based Lingerfelter performance engines. They even make chassis. He burns bridge after bridge and sometime investors will catch on.
NO matter how much of a dog a pinky is, it still is capable of at least one more last run. Since no stock has been sold for awhile and its about maxed out, I figure its due for another symbol soon. Should be good for one more last run unless Doug drops Pete.
RVGD has no saleable product and not very likely to produce one if left up to Pete. It has not had a saleable product for some time now, and NO ONE here can tell you how the company is surviving or how Pete is paying his 2500 per month house rent. Never mind how all this work is being paid for or who will actually benefit.
One can only surmise he has sold the company down the tubes but no one has caught on yet. I agree the man CAN design neat stuff, but a competant businessman he will never be.
I suspect Poet has sunk a lot of dough into the engine as he stands to benefit the most. If nothing comes of it, its all R&D write-off.
So no, I dont care much about the lack of information, because every long term investor here has given up on that and accepted that he will never be forthright. Only the pps matters. It doesnt matter now how many shows he attends, its all talk until the first one rolls off the assembly line, and is reviewed by CAr and Driver mag. after a trip to the production facilities.
When the pps gets down to where it cant go any lower, I may buy as a lotto pick. That or news of a test drive.
BTW, I dont think there is a single picture of the GTM-R being driven anywhere. I am not sure it even runs. From the .0002 area it dont have to go up much to double your money. At .0005 it dont take much to lose half your investment (or more).
Its about time for pistol pete to step off the CEO stand and let someone who knows what they are doing start running the company.
About time for a new share structure update. Glad to see news has slowed as not to waste good news.
GLTA - P.
Pangaetech, there is little point in releasing some kick-ass news in light of the dtc chill. Havent been following company events so much as the pps of late. Perhaps its off now? Doesnt seem like it.
Expect more delays. Its all part of prototyping and production. For those who didnt take profit at higher levels, too bad for you and you've no one to blame but self.
Not sure what the latest news is but I somehow doubt either car released in 2010, maybe 2011 after some road testing and redesigning.
I agree that at some point in time the share price will once again increase with a series of timely announcements.
I will be looking to once again buy some rvgd at .0002 - .0004 which does not appear to be that far off. As I cashed in my chips some time ago making a nice fat profit (after over a year of waiting), any purchase of 2-4M shares will essentially be freebies.
If Pistol Pete had any smarts he would spin off the installation centers as a subsidiary company, current stock holders getting some freebie shares. Any profits from this division would not be subject to debt of rvgd Verde production and sales which should be in debt to somebody hugely by now.
None the less,having Roush behind rvgd Verde speaks well, and after many views of the car, I have to say its shape is starting to grow on me. First views reminded of the hot wheel cars I collected as a kid.
If I do buy shares I will again exit at a 300% profit as greedy piggies eventually get slaughtered.
Yes I expect that share structure will change almost as soon as chill is taken off stock, and no I dont expect it to be good. This time when .0001's show up as it undoubtedly should and I will be a buyer as I chose to ignore that pps last time.
If Roush, Ford, Gm, were not in the mix its uncertain I would be so reckless.
dont upset me too much as long as they continue to pull in new business measured in millions every month they can ignore me all they want for now. The higher profit margins generated should make a big difference real fast once they reach a certain point. The international expansion should also help expedite attaining company goal of 100M+ per year in sales. We should be approaching the halfway mark soon, or else company has expanded there expectations to correspond with potential international growth. What would a new company sales goal be now 150M with two years?
Subscription based revs will be sweet and looking forward to this 50% margin market (as pr'd).
Captain Jim, to be fair, all Peter promised was a rendering - which I believe it is.
Without the Pelmear engine, I'd rather have a GTM custom built kit car for under 75G's which seems to be average price for such a build. All electric vehicles seem to be where the future lies, but we have to see what the X prize contest reveals.
When will the prototype actually be running or completed?
Dilution? No way. YOu mean these pinks actually sell shares to fund company expansions? What freaking dawgs!!! Boy now Im really mad.
Wow. I bet that OS is all the way up to an unacceptable 300M, and bet the float might be 200M even...
MY GOSH!!!
Whatever am I gonna do?
Seriously Liable, there is hardly a pink around that is worth doing more than five minutes of research on. Really. Pinks can move on their own for no reason at all, and one like like this with revs of 30M plus and less than 500M shares AS and OS should be pretty much golden at some point.
Look at POS rvgd.Over 2B OS, AS maxed, no income, no employies, yet are promising a car that gets 110mpg. Assets, an empty building. Yet shareholders are talking of pps in the pennies. PPS varies but around the same as sshs. Oh Iforgot the DTC chill.
Most days sshs has as much or more volume. Go figure. So would I rather hold sshs or rvgd? I'll take the one with 30M income, a known debt, and a low AS and OS anytime.
I may have jumped the gun on share purchase on this one but am not sweating it and dont spend everyday watching every up or down tick. With all the announcements coming our way, waiting for pps recovery is hardly a painful event if I occasionally average down here or there.
Its just another trade, some ya win some ya lose. Wont be the first or last for me. No big deal.