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Thanks!
Could you give me Chet's phone number? Other than the main# to OneFi, I could not find Chet's number.
Thanks.
I believe that a RM would be great for both. To put it simply... It would allow OneFi to go public through the "shell" RDWG, and typically a new ticker is created. OneFi would be public, and we would own shares directly into OneFi.
Don't even mention the other one.
RDWG and OneFi are in an agreement. To what extent... None of us know. We do know that there is a plan/schedule for which this is to happen, 60 days. Based on info provided by DD on this board, the 60 days will be up mid Sept.
RDWG hires IR and starts to raise funds while selling shares and putting out PR.
A Theory.... I still feel like this smells like a reverse merger. In digging into Chet's background, he has a RM in his past dealings just like Travis. (I plan on sharing this info over the weekend).
Of course a RM can't be confirmed, it may be a coincidence or it may not be that both CEO's have done this in the past. If there is a RM in the works, none of us would know. That is the point... The parties involved cannot lead on, share, hint, communicate whatsoever if they are engaged into a RM.
It's about playing the odds. The odds tell me that we may have a winner!
There definately is more to the story than what both companies have told you and others. Chet can demand high dollars, and in his last job before coming to OneFi he was making $170,000 a year as a "consultant". He is smart, Travis is smart and again it smells something is happeing.
Thanks for the DD. It looks like RDWG paid for a 30 day package because that is when the PR stopped. Does help me to believe that there is a calculated plan going on here.
Very well said. Most of the frustration is from investors looking to trade this stock not invest in it.
IF things go the way most of us longs predict (and there are plenty of us), we will have to plan a RDWG cruise in a year or two to celabrate.
The RDWG brotherhood will take it's licks in the short term, and be relentlessly called the bagholders, but we will have our day.
See you all on the other side!
I will do. Thanks.
Nice!!!
Totally agreed!
I am tapped out for today.... Someone GET US OFF .0005!
Could you tell us about this conversation?
Nice summary Billy.
Thanks for the clarification.
Let's not take words and twist them. Martindale sent me a PM and never told me to sell. It was more of an FYI.
Martingale.... I appreciate your posts.
What does OneFi have to gain by NOT disclosing/responding to your questions about the revenue pass thru?
You mentioned the Chet knew nothing about RDWG when you talked with him, if this were true, why would Mr. White not just tell you that RDWG will not be receiving any pass thru revenue?
CJ Help us out. If you are that close to OneFi, take Chet out to lunch and ask a ton of questions. After the meeting send a follow up email to chet recapping the meeting, and have him respond to verify your findings.
Thanks Billy,
He also sent me the same email yesterday. I try and listen to all and be objective, but there are some things he said that don't add up.
- First... He was speculating that the revenews would not flow to RDWG, he does not know this.
- How do you give a company (RDWG) the rights to be the "exclusive funding partner", publish joint PR's and not know who they are? Furthermore let them have the opportunity to buy 40% of your company. And you don't know who they are... Come on are you serious?
- On a post from this guy on August 12 he wrote the following:
I will take a shot at your question Dolphy based on my conversation with Travis Grimmett. Yes, RDWG is taking up to a 40% position in OneFi and this is not as a passive investor.
Revenues will flow to Roadwings from this arrangement.
As I see it what RDWG brings to the table is the goal of targeting specific markets such as the hotels in Las Vegas,
coastal sub-divisions on the pacific coast and other sub-div.
located in the western USA. They are going to be paying for
the equipment, installation and billing of users and will eventually emerge as a mini Charter type of company.
They intend to reinvest rev's in building out a greater service base over the next couple of years. While OneFi is
going after cities and countries, RDWG is targeting a smaller
market segment but will share in rev's from OneFi.
And in response to a question....
A pass-thru of rev's generated from OneFi contracts to Roadwings. I asked specifically about this issue and was told that is what would happen from Travis. Hope that helps.
Can you forward me that PM that you are referring to, and can you send me your email?
Billy... What are you referring to?
Theories....
This is what it is all about. Some call it bashing and some call it pumping, but it all comes down to speculation. You will either be right or wrong.
Some want quick movement... Others will wait for the entire story to unfold (either good or bad).
You either read these posts and make a good or bad decision (hopefully it is based on your own DD).
At the end of the day it is all about YOUR theory. You will either make money or not... It's all about your instincts.
Either hold or sell... Only time will tell if it was the correct decision.
GLTA
The timing of this whole deal is interesting to me.
Travis (RDWG) and OneFi have this all mapped out. I am confident that their business plan is to get all of the details worked out in 08.
- RDWG raising the cash (Starting in July)
- RDWG buying a % of OneFi (10% by Sept. 1)
- RDWG merging with OneFi (soon?)
- New ticker? (By end of the year or sooner?)
They want all of this taken care of by the end of the year. This is all for a breakout in 2009! Contract, Networks and Revenue... It's all about 2009. 2008 is just building the framework.
Hold Tight. I would not sell at the first sign of a move. Sell on the first move and make a little, wait it out and make alot. IMO
GLTA
Agreed with laying off the contacting the company, and giving them some time to work.
We have all been burned by these type of stocks. When this was very volital over the past few weeks, we had many traders flipping this for good profits. Once things stabilized the traders left.
Being burnded makes people cautious, and when they see the huge drop in PPS as quick as it happenend along with "no webite" and "crappy email address", these traders quickly call scam and move on or never get involved.
Unfortunately being burned by these stocks also does not allow you to see when a good thing is right in front of you. I came into this stock looking to flip it and take advantage to what was going on.
I have completely changed from a trader to an inverstor and won't be selling my shares anytime soon.
This is speculation. Read through the past 75 posts and I think you will see why we are speculating.
I agree with Billy and also think that this will happen within the next 60 days.
Thanks Billy... Very well done!
I was hoping you were going to share your info. This helps to confirm some things for me with some very nice info. BRAVO!
One more thing...
...Travis has not been responding to anyone (including myself), personally I don't think that this is a negative thing given the circumstances.
If we are as close to a deal as we think (merge with OneFi), silence is what we are going to get from the parties involved.
This is going to be fun!
Chuck... I can't wait to see what you have. Lay it on us! The time is now!!!
Now is the time... Bring it Billy!
Who is Travis Grimmett and What is RDWG?...
A report by The Tiger
... I certainly don’t know, but I hope that this information will help to bring us closer to understanding him, his company, and their relationship with OneFi Technology.
In an effort of finding more out about Travis (CEO of RWDG) and his background, I came across the following information. I am posting it for several reasons. First I believe that it will help to give Travis some credibility, and second possibly open up some new opportunities for deeper discovery into Travis and RDWG. I am hoping that this, along with all the other great DD on this board, will help give investors confidence in what the coming weeks and months will confirm.
Many current and potential investors have a problem with the fact that Travis does not have a website for RDWG and has a terrible email address of bbqisland1@cox.net. Although I do believe that this is irresponsible of Travis because it will always allow people to cry “scam”, ultimately it does not matter and Travis knows it.
No one here has ever had a problem with OneFi, believe that OneFi has huge upside and that they are a viable and credible company. Consequently a ton of people have a problem with RoadWings and believe that it is a scam. One question… Why would OneFi allow Roadwings to be “the exclusive funding partner of OneFi technology”, if OneFi did not have huge confidence that Travis and RDWG was credible and could deliver?
Here is what I found 17 pages deep into a Yahoo search for Travis Grimmett:
161. PALM DESERT, CA Political Contributions by Individuals
Discuss California on our active forum. Important note: This list is based on ... TRAVIS GRIMMETT (SIRRON INVESTMENTS V), (Zip code: 92211) $250 to STEVE CLUTE ...
www.city-data.com/elec2/elec-PALM-DESERT-CA.html - 100k
TRAVIS GRIMMETT (SIRRON INVESTMENTS V), (Zip code: 92211) $250 to STEVE CLUTE FOR CONGRESS on 07/12/94
On behalf of Sirron Investments Travis donated $250 to a political campaign. This is the only connection that I could find between Travis and Sirron Investments, but enough for me to dig deeper.
What is Sirron Investments? How is Travis connected? And is it the same Travis? I am not sure how Travis is connected (owner, principle, etc.), but I am absolutely convinced that it is the same Travis. I am not sure what Sirron Investments (SI) was or is other than an investment company or group, but I did find activity involving Sirron Investments and Compass Plastics and Technologies, Inc. back in the mid 90’s.
Here is a link to the full report which you can read if you like, but I will give you a summary of this company and how SI was involved.
http://sec.edgar-online.com/1998/01/26/00/0000950116-98-000128/Section30.asp
Compass Plastics & Technologies, Inc. (formerly AB Plastics Holding Corporation) ("Compass") was formed on May 30, 1996 for the purpose of acquiring the stock of AB Plastics Corporation ("AB Plastics"). The acquisition was accounted for as a purchase effective September 27, 1996. Compass did not have any activities during the period from May 30, 1996 to September 27, 1996. All financial statements for periods subsequent to September 27, 1996, the date the acquisition was consummated, will include the accounts of Compass and its wholly-owned subsidiary, AB Plastics. The Predecessor refers to AB Plastics prior to the consummation of the acquisition.
So, basically, there was a holding company (a shell just like Roadwings) created for the purpose of AB Plastics, a private company (just like OneFi), to become public.
So how does Sirron Investments (SI) fit into this deal?
• May of 1996 - Compass Plastics and Technology was formed
• September of 1996 - SI loaned $4,000,000 to Compass and AB Plastics.
• August 21st of 1997 - Sirron Investments exercised its warrant to purchase 800,000 shares for $2,000. A value of only .0025 per share! (In consideration of making the loan, the Lender was granted the right the “Warrant” to purchase up to 800,000 shares for a price of $2,000)
• September of 1997 - Compass Plastics and Technology completed an IPO
• September of 1997 - Compass repaid the note to SI with an outstanding balance of $4,000,000 from the proceeds from its IPO.
• September 29th of 1997 - Compass Plastics and Technology (CPTI) hit a high of $10.00 per share.
In one year, Sirron Investments loaned and was repaid $4,000,000. SI purchased 800,000 for $2,000 and probably sold those shares for 6-8 million dollars! I think that Sirron and Travis did very well in this deal.
This deal between SI and Compass is interesting to me on many levels, but most importantly it tells me that Travis knows what he is doing and has history in the stock market. In the above situation Travis was a small part of this big deal that transpired. I think that Travis has learned from this deal (and who knows how many others), and is now primed for a big payday.
Here is what I think is happening:
• OneFi has amazing technology. Like all technology, timing is critical. OneFi needed cash to expand before their technology was implemented by someone else. They need to go public, but they don’t have the time it takes.
• Somewhere along the way, Travis entered into the picture. He convinces them that he can deliver the cash that they need (based on his past), and can provide a shell company that OneFi can go public through (RDWG).
• For the past 5 weeks Travis has been selling a ton of shares and has brought the PPS of RDWG from .05 to .0007. He did this without regard to shareholders, because he needed cash to deliver to OneFi in a short amount of time.
• What’s next? Merger?
If you believe that OneFi is going to be the next big thing, then don’t sell your shares in RDWG. Something is going to happen and for those who stick it out, a ton of cash could be at the other end.
As always this is my opinion. I currently own a significant quantity of shares and am not selling anytime soon. I am willing to wait until this thing starts to move, and when it does, it’s going to be fast.
GLTA,
The Tiger
Info on Travis and some of his history...
...I came upon some info on Travis and a stock project that he was involved with in the 90's, and am planning on posting about it by the end of the day tomorrow.
I think that it will help all to understand that Travis knows what he is doing, and that sticking this out will be worth it!
It took me 3 days to get another 2M at 6, but it did fill.
Hey Billy, can you send me a PM with your personal email address?
Got it... Agreed.
I agree with you, but you might want to back off the "idiots" comment. I think we can all see potential but come on... This is a pink and potential does not = results.
Some will gamble on this potential and some will not. This does not make them an idiot.
From what I see... I am planning on riding this one as it works it's way back up.
Nice and right on. Frankly I have enjoyed the low volume today. Most of the volume over the past week has been traders looking for a quick buck. Good for them, this is why we are all here... Make some money, but I am long. (call me a bag holder all you want)
I too have put a good amount of money here, and not for a one week wonder. This will take a little time.
This is why today was nice. Let's get rid of the flippers. I have had a buy order in for 2 day for another 2M shares and it still has not filled. Nobody is selling. This is good.
RELAX. I belive this one will make it.
CJ... Dude... I don't know what your true intentions are here, I do have a feeling though that you are a true long and just don't know how to control yourself.
I have plenty of shares and am here to stay for now, but I must admit that your absense was nice. the conversation was great with out you. It seems when you get on the board everybody gets pissy and nothing constructive is talked about.
I am not ripping on you, but IMO shorten your posts and say some new stuff. Otherwise I will continue to skip past every word you say.
Thanks!
Does anyone know how many on the bid at .0006?
I finally tried myself today. I left a message on his phone and sent him an email. No response.
I have 10M shares, and if I can get a good conversation with Travis, would like to play this long. Otherwise I will sell and move on.
I will be persistant and difinately let the board know if I get in touch with him. I will also let you know if he does not answer my voice and emails.
Seriously. Look at your record. You constantly "bash" this stock......
Posted by: dahbmw Date: Thursday, July 24, 2008 2:45:37 PM
In reply to: Themistocles I who wrote msg# 2572 Post # of 9131
Must be getting close to the next dump.
Wonder how many millions this time.
Why are you still here? You have been ripping this stock for weeks. Are u being paid to bash? Grow up... If you have been burned for a loss, suck it up and move on. Otherwise why don't you try and contribute.
Totally agree and still long!
Nice! Can you feel my draft?