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The next sneak preview should be coming out any day now. I don't have any inside info on it or anything, but if it comes out this Thursday or Friday you can just chalk one up for Don Quijote's prophetic wisdom.
There were also a lot of more shares for sale back then. A lot. The selling has ended now so the only shares we are able to grab up are ones from fellow investors & whatever the MM's may have left.
You have to give them kudos for responding to everyone so quickly. Hopefully the report is worth reading & not just a quick description of the company.
I'm hoping we just get through it & at least stay where we are. A little bit of green every day goes a long way.
It has nothing to do with Revenge. I got this response from Bellwether the other day regarding the delay on the RVGD report.
Dear Adam,
We totally understand the frustration building up other such reports,
but we are overwhelmed with the number of report requests from our
numbers that RVGD is currently caught in a queue.
We will do our level best to get the report posted in the members' area
' Daily Articles' section as soon as possible.
Our apologies for the inconvenience caused.
Have a pleasant day.
Marc Johnson
Managing Director
Looks like the MM's are letting this run a bit this morning.
Too busy to pick up a G8 for $1? He must really be dedicated on meeting all the deadlines on time for his current contracts. He should use the extra money from that car once he upgrades & sells it to get an extra large facility, or even buy some shares back from the stock & give us a little break. Nevertheless it sounds like the company has attracted more work then they can presently handle. Hopefully they can find some good workers that are half as dedicated as Peter is to speed things along. Our growth potential from here is exponential. Keep it watered, and watch it grow! Ch-Ch-Ch-Chia!
You're absolutely right. The longer it takes for "the big run" the more I find myself buying. If this trades under a penny over the next few months I might find myself owning as much as 5% of this company. I can only hope!
I wouldn't hold my breath yet, I'd like to wait & see how it does the rest of the week. If we get at least 3 days of green in a row or more I would say so.
.0017
My math based on the PR: (revised)
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.
This is obviously for once we are up & running 100% with high demand for all 1,000 cars. I am estimating an average of $90,000 for each car & using 1,040,000,000 as the overall share count. The first estimation is the high end of a 25% profit margin, the 2nd is a 15% profit margin based on badnewsbear's conversation with Peter found at: http://investorshub.advfn.com/boards/replies.asp?msg=27677028
Did anyone else see this potential from the PR at first glance or were we too concerned about seeing more info on the contract, when we were given the meatiest part, the $$$$$. Tell me if I'm going wrong anywhere on my #'s. I know this is if we have high demand for all 1,000 cars, but even with half that amount we will be sitting very pretty.
1000 cars x $90,000 each = $90,000,000 total revenue over 4 years
25% of $90,000,000 = $22,500,000 total profit over 4 years
$22,500,000 / 4 years = $5,625,000 total profit per year
$5,625,000 / 1,040,000,000 shares = .0054 pps earnings per year
.0054 pps x 10 PE Ratio = .054 pps
or
1000 cars x $90,000 each = $90,000,000 total revenue over 4 years
15% of $90,000,000 = $13,500,000 total profit over 4 years
$13,500,000 / 4 years = $3,375,000 total profit per year
$3,375,000 / 1,040,000,000 shares = .032 pps earnings per year
.0032 pps x 10 PE Ratio = .032 pps
Thanks, I'll fix that.
I would say it's a little of both. I like to think that good things will happen to those that wait. Plus from my own phone calls & e-mails with Chad & Peter I feel I have invested my money in a wise place, knowing that they have a very bright future ahead. That may sound foolish in pennyland to some, but it takes a lot of risk to make a lot of money. I like what I hear from them, & I'm trying really hard to keep upbeat during these low times. But we really do have a lot to look forward to if you trust in what they have been telling us. I encourage anyone who needs a little pick-me-up to give Chad a call, or even Peter, & they can make you feel a lot more comfortable & excited to be a part of this.
Plus...I admit if I pulled out now I'd never hear the end of it from my wife, lol. It's Revenge or bust for me!
Listen to your heart. That's what I do.
Yep, we should be grateful we can get in this low right now. If we hold on to these shares, our board will look like this again:
http://investorshub.advfn.com/boards/board.asp?board_id=10938&NextStart=34968
That would be awesome. I hope they will do that, considering all the crap that the investors, especially the longs have had to bear through for the past few months.
My thoughts exactly! I second that motion!
I admire his honesty as well. At least we know he's got the guts to admit when he made a mistake. That should go to show to those who doubt him that is his not a liar & likes things to be handled the right way. A company with this much transparency with its shareholders has a very bright future in my opinion.
I found these while looking for the Russian site:
Spain http://www.infobolsa.es/v2002/Noticias/noticias_titulares2.asp?srv=&FechaNot=20080229&Fuente=IBNW&clasif=C&numnot=106043
Prague, Czech Republic http://eupolitics.einnews.com/search.php?keywords=RVGD&makesearch=yes
Australia & New Zealand http://au.quote.com/news/story.action?id=INW063u4134
Australia http://au.sys-con.com/read/wires/5727_3.htm
I saw a site promoting it in russian, I'll see if I can find the link.
.0019
Where's our hero with the paint bucket?
Good to hear from you again di4! We're going to have another exciting ride here!
I started with about 400,000 shares in December, now I've accumulated over 3.2 million shares. I didn't sell at the 0.017 spike & am still holding on to all.
The low volume is discouraging the flipping, and it appears that very few are willing to let shares go this morning. They may continue to move it up higher to get more action.
Plus I think the markets are closed on Friday, so it would have to be today or tomorrow.
I asked by his response was vague also, "Everything will unfold in the time frames given."
That's just what we're speculating based on the production car introductions:
* 2009 Acura TSX
* 2009 Chevrolet Equinox
* 2009 Dodge Challenger
* 2009 Honda Fit (North American debut)
* 2009 Hyundai Genesis Coupe
* 2009 Nissan Maxima
* 2009 Pontiac G8 GXP
* 2010 Pontiac G8 sport truck
* 2009 Pontiac Solstice Coupe
* 2009 Volvo XC60 (North American debut)
I don't know if anyone has any confirmation from Chad or Peter that we'll be there, if you do let us know.
http://en.wikipedia.org/wiki/Pontiac_Solstice#External_links
Look at the bottom of the page at external links. You should find a handy link there to revenge designs!
The press preview days are March 19-20. Then the actual show runs from March 21-30.
Email I received from the Bellwether report explaining the delay in the RVGD report.
Dear XXXXX,
We totally understand the frustration building up other such reports, but we are overwhelmed with the number of report requests from our numbers that RVGD is currently caught in a queue.
We will do our level best to get the report posted in the members' area ' Daily Articles' section as soon as possible.
Our apologies for the inconvenience caused.
Have a pleasant day.
Marc Johnson
Managing Director
> When is the report for Revenge Designs to be released? Many
> investors are anxiously awaiting the report from
> www.investorshub.com & other forums.
>
> Thanks in advance,
> XXXXXXX
Hopefully the PR from last week wasn't considered the contract PR promised from the 6 to 8 week time frame. I believe the real signed contract 80 million deal with .004 pps confirmed should still be on schedule.
I asked Chad that today & his response was "Everything will unfold in the time frames given."
So as far as we know that means "in the coming weeks" for the sneak preview & "approximately 3 months" for the public unveiling ceremony.
The other 2+ contracts haven't been given a real time frame yet, just that they would be released in 2008 according to Peter.
Chad also said a few weeks ago "Once the dilution is OVER fireworks begin with the amazing PRs" according to http://investorshub.advfn.com/boards/read_msg.asp?Message_id=27247632&txt2find=fireworks.
Depends on how much extra attention we get from big companies. Commercials from big name auto companies mentioning us would be exceptionally nice. If the prebuilt GTM becomes the next big craze there is no telling where the pps will stop!
3 out my 5 buys today were listed as sells. I don't really trust the buy/sell chart anymore though, I just look for those nice green candles.
Just what we needed.
Nice recovery! Let's keep it going!
I've been down to .0009 & watched it go all the way up to .017 & still didn't sell. I've bought twice as many shares since then, & have very high expectations for this stock as well.
We need a least a couple of green days this week to confirm bottom this is the bottom. Let's go for the green!