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Traderdon....no probs - after all I dont know if I understood it correctly. I read the doc about three or four times. Its sounds crazy but I actually liked the structure of it as there is a part that prohibits dilutive or toxic financing.
Seems ribotsky in protecting his investment inadvertantly may have provided some degree of protection to retail investors by having clauses preventing the company from usual pinky shananigans.
elsewhere in the document, repayment of the loan is repeatedly mentioned, and it would not surprise me to see that loan paid off.
JMHO but it seems to me this company should not be on the pinks and may be planning a major move to get pps WAYYYY up there.
Best read it yourself and keep in mind that its a 2005 document. In pinkyland thats a lonnnngggg time. Things change.
Ultimately though with such a low float is that it will soon have evaporated completely as boardmarks top 150. It is still easy to accumulate a million or so shares but in another month?
Wonder what they will serve up for pr's this week?
Im not completely sure that the CD item has not been blown out of proportion eg converts into a billion plus shares. In reading bblack1 beneficial ownership post and the Ribotsky deal, it seems to me that no more than 4.99% of total registered/authorized shares are involved. Thats the way I read it anyway. They can sell as much of that 4.99% as they want when they want, but no more than that.
Sooner or later it will all come out in the wash,and someone more knowledgeable and without agenda will make things clearer for us less informed, but in the meantime the boardmarks will continue to grow, along with daily volume. I'll take my chances with this stock for a bit I guess.
GLTA - P.
traderdon,ya live ya learn (hopefully). I bought into smilin's no dilution post(and bought some more) and was dissapointed to see his contradictory post. Not happy the post appeared after a nice day yesterday and good pop.
Reminds of a line in a song by April Wine - "Some play me like a guitar...some beat me like a drum..." Then there is the old adage " if ya cant run with the big dogs, stay on the porch".LOL.
This is an expensive hobby and lessons cost I guess. Gonna set a sell price and let market take me out, same as always. If the company does update pinksheets as promised, removing the stop sign - I'll get my coinage and be happy.
BTW Im keepin a close eye on boardmarks and its growing pretty quick. Depending on float size by the time we top 100, another big pop could be here if not bidwhacked to hell and back. 150 boardmarks would make things pretty interesting.
Good luck and good tradin'. In lieu of Smilin's informative post today, JMHO but the share structure should be annotated to include the excellent CD explaination post. Those numbers MIGHT be a little misleading with out it.
P.
Liable, well....what CAN one say? I must admit that Smilin B's past posts on this subject is kinda contradictory....
We can only assume it is Ribotsky dumping anytime theres a little run and profit to be had, but considering the low volume it takes to bring pps down I have to wonder...
hmmmm. Nothing much to do except what Smilin's doing and flip flip flip. I dont have enough stock to bring it down on small sells to load up like some have, so will have to wait for others to do it.
Like traderdon says this could go on forever, so I had better get with the program I guess.
From others posts I fail to see how the AS could remain stable at 500M if Ribotsky can convert up to a billion shares plus? is there a limit he can dump over the course of a year?
This is like the Carnes and Collorafi deal (rvgd)where we got hammered again and again? Geez. I sure can pick'em LOL.
Anyhow, out comes the stick I guess whack whack whack. What a tangled web we weave.
Ugghhhh. Someone fibbed on sshs 3.5M CD. It appears this one will be under the gun for a while yet. While it appears to be an excellent stock for repeated flippin, it does bit appear to be a buy and hold stock.
So I will have to change my strategy if I wanna play with this one.
Call me crazy but I for some reason I like SGCP. I would have done a lot better with sgcp than sshs over the past week but there ya go...
Maronti - not as much as rvgd???? Guess you have not seen the vkng move. Not sure rvgd will do that, but I think I have found one and picking a few shares of it up here and there. Hell, even sgcp recently did better.
Its about making money - not supporting a CEO or company. I just invest money and hope pps goes up sometime in the future haha. Hell, aside from a reasonable core position I expect I'll in and out of this one(rvgd) right up until the unveiling. Anytime I can get to repurchase at a lot lower pps than I sold it for. rvgd will go up and down for a long time yet.
I hope everyone here makes some good coinage trading this POS. Be fun when volume is a steady 3-4% of OS. I still say the run was manufactured and pps should return to .0005 - .0006 but hope Im wrong and it just runs away....
Maronti - whats the big deal? pps goes up pps goes down. Happens year in and year out. Many experienced traders have already made their coin, and moved on to the next.
Profits can evaporate even more quickly than they come. Always good to take it when you have it.
This stock will go up and down for a long time yet. Many will be in and out while the pps moves two steps forward one step back.
Im not a top notch trader, I buy too high, sell too low. BUT I do make coin by taking some out of the middle...right now looking to repurchase at a lower pps than I sold. If not theres plenty of other stocks making moves.
GLTA - P.
SSHS - has come out with three new rev. pr's this week and supposed to update pinksheets with nu info. This is a little beauty I'll tuck in to bed to sleep for a little while so that under 100M float is completely gone. Boardmarks have increased by 25% over the past week but still low at just 74. A little volume and she rocks. Daytraders must love this one.
Hell, even I have more than that and my board sucks LOL.
Oh yeah, Im outta rvgd on a good pop and might buy back in if it settles back down to triple zeros again - like .0006 or less.
Why sweat it? Everyday we gain a few more boardmarks and ihubber investors. Now 74 up from 70 a few days ago. Give it a little time...the float is drying up quick enough.
I've only been in this a week and was number 60 on the boardmarks. 25% increase since then. At some point things will snowball and the pps has nowhere to go but up.
We still have a couple new acquisition pr's coming up, PLUS the pinksheets updating. I can wait.
GLTA - P.
Boardmarks now up to 70, up 8 from last week. With 150 ihub investors we can own the float. Almost halfway there. Couple more weeks to float evaporation...
I think we are expecting an acquisition announcement expanding reach into residential market pr previous pr?.
December is a lonnnnnggggg way off. Actually the pps is very attractive for folks to take a nice profit. Peter has his own agenda and is still going for it.
From here on in a lot depends of the amount of effort and money put into the hype. 23M shares must trade to equal 1% of OS and probly the float.
The volume on the upticks suggests we may have new bagholders as the market decides rvgd is not worth over 3M market cap. Who knows?
My view of Peter has not changed and wont until he produces and starts to sell a profitable item. Nothing changes the fact that RVGD was created and initiated by Carnes and Collorafi as a way of raising money for Carnes. The actions and papertrail proves he treated shareholders like an ATM machine.
However, none of that matters to most pennyplayers. Just if the pps is more likely to go up than down. The "supercar" debut is a month away and while the pps might advance for a few days, I am betting it will hit previous levels again before the big event UNLESS Peter has a marketing and pr campaign commencing. If you think rvgd is worth a 3M market cap (current level)by all means go ahead and buy rvgd.
I never think its wrong reducing risk where possible in playng the pennies and the easiest way to lose money is to let a profit turn into a loss...
I hope for those in rvgd at higher levels that the pps DOES advance WAY PAST .002...so good luck and good trading to all.
P.
sshs - watch for revenue and share structure pr from this REAL company. Expect revs in excess of 25M annually,share structure currently at 120 OS and 60M float per CEO, confirmation coming per pr. True 100 bagger potential from current level.
GLTA - P.
Money....check out sshs and sgcp. sshs under 200M OS, under 100M float. Watch for upcoming pr announcing 20 - 35M in revs and pr'd share structure.
Sierra Gold high potential, producing 100 ounces per month on primitive start up operations,rapid expansion of production to commence. Also diamonds.
Other: hope TM (bcit)has something in the wings or is it over?
HOw many shares in total? Why not add those up for us and post in black and white? For full disclosure perhaps they should be stickied so folks can read plainly and make up their minds without undue influence one way or another.
Please realize there are only 66 boardmarks so your audience is very limited. All that is needed for this one is time and volume. Every one million shares traded means something with a 60M float...
Over time ihub members will OWN the float.
Smilin B:after reading that thing, it seems to me not that desparate at all after seeing the small amounts of shares involved in the debt thing Liable speaks of.
I would however like to see the upper management continuing to buy common stock. Most times I buy a stock, unless the company or CEO is an out and out crook I can make some coin (even if I buy too early).
Given that the company just announced 7M in ADDITIONAL revs for this year, and that even if the AS was totally maxed, I could still do worse.
Once the sellers have been dealt with theres only one way to go. We know theres a limited number of them and getting smaller every day.
I like the fact that this is a real company who has a real business, and not just a guy in an office selling shares. Serious revenues, super low floater, and super low OS and AS for the numbers.
Thinking the new acquisitions is one of many Mom an Pop operations with stategic accounts. Maybe something larger who knows? Im betting its all good with a 500M AS and approx. 20 - 30 million in annual revs.
Hoping a move from the pinks is parts of the plan. The new acquisitions will get them a little closer to stated goal of 1% market share or 125M in revs.
Will flip a few on way up hoping to increase overall positon and purchase more as I can. Looking forward to new financials.
P.
Wow! I got the last trade yesterday at .0058 and thought that was a good buy. I still think it is but will know better after a few more hundred thousand in volume LOL.
A little patience is all. I was able to pull up a 10 yr chart on this puppy. Dont know the story behind this one, but with over 370 employee's, seems to know their business.
Gaining two boardmarks a day now, 60M float and 66 boardmarks.
Tic Toc...
GLTA - P.
SSHS 60M float....SGCP up 100% but still cheap at .003, could be a monsta in the making. Picked up a little rmdm last week also.
My current watchlist BBDA,DNNC,ETLS,GOIG, IDGI, IBIE,JVDT,JCDS, PMDP,RMDM, SSHS,SGCP,VBGD WNBD RVGD.
SGCP next on hit list, wanna buy back in rvgd around .0005 or lower.
SSHS - with a 60M float,120M OS and 500M AS a five hundred million share day would be VERY wild. 438 employees real company with serious revs.
SSSSHHHHHH! - Lets keep this little gem our secret for now and just soak up what we can below a penny. Only 62 boardmarks.
The OS and float are SILLY low and a two hundred thousand share day will make things real crazy. A push to .02 could come quick. Am trying to free up some more funds to get some more while its under a penny...
A pr is not needed at this time. Sounds like they will announce another event shortly, and it would not be hard to insert a clarification paragragh in the next pr.
Its a huge float and OS number and just takes time to chew though. We are due for TiDi sale news or update?
That info should be stickied tho. Nice work on that and thanx. - P.
Now why would a company go to considerable lengths to reduce both OS and float, only to leave the share structure the same?
When a company has a large AS one MUST assume the worst. So, do the paperwork and change the share structure to reflect the companies progress and new outlook.
Instead of an 2B OS and 8B AS we go to 2B AS and 1B OS. A final effort to shore up pps and restore investor confidence.
Anyway who cares its just a trade and with a healthy quick profit Im out and away.
P.
As reported by the CEO on recent OS (going from 80-90M to 120M)to a member here, 30M new shares were introduced very recently for a new 120 OS total. One can only hope the selling is over for a while.
The only meaningful volume on this stock was the past few days at close to 100M and at higher levels. IF the float is only 60M then the entire float should have been cycled at a higher pps and those who took profits hopefully have stopped selling.
News today?
Hey Ford. I also took profits and could repurchase today at a discount if I wanted to but will wait till next week to see which way she goes. rv gd profis into rmdm, and sshs working out for me pretty good. Both oughta run for a while yet.
RVGD lotsa buyin at .0008 and beyond, so we should be able to kiss triple zero's goodbye in another few weeks to a month.
GLTA today. P.
GM Shakerzzzzz. radar sshs with 90M OS float a whole lot less, currently at .008 hoping for .015 this wk with acquisition news coming later this week, nx wk should really rock as word spreads. Lots of volitility here.
RMDM is on stock reduction see yesterdays pr, future looking good, currently at .0002-.0003, may see .0005 ths week but next week most likely with higher gains poss.
Like idgi and scgp also.
rvgd cycling down? Dupont registry coming out with the scoop on nu supercar nx week. Hoping to repurchase at .0006 or lower.
HAVE a GOOD ONE.
p.
Im looking to NEXT week for the bigger gains. Just a matter of waiting for 90M OS to get cycled a few timeswith a higher and higher pps.
Need a nice investor group or two to snap up a couple hundred millions shares, not hard to do at this pps.
Is it standard practice to release the Decemeber issue in NOvember? If so, holding anoher week wont hurt at all. Hitting the stands early makes sense I guess.
From pr: "DuPont registry publishing will be the first magazine to have the scoop on the Revenge Verde Supercar renderings in their December 2009 issue[/b}.
Unfounded? Read the SEC postings again and those by kkgd. Peter was like a crack addict going again and again to Carnes and friends like an ATM machine. If you notice the issuance pps it was clear he was selling investors down the river. Then almost wiped us out with a threatened reverse (cancelled)...
Fortunatly none of that matters now. The stock is becoming tradable again with folks talking huge profits. This run up to .0014 is just a blip on the screen. The real moves are ahead in months to come as news unfolds.
However a profit is a profit and should never be ignored - especially with this stocks history and red flags. This could be a nice little cash cow.
JMHO - P.
Jagman - thats correct sshs. Churned 2/3 of OS on Friday.Also Inca Designs idgi and Plateau Minerals (pmdp?)might get some loving this coming week. Java Detour jvdt is a super low floater that might rock shortly. If rvgd retraces back to .0006 or .0007 over the next week or so Id be a buyer.
GLTY - P.
MLB4Nd - Peter has more or less stated the next big thing is the mid Decemeber Dupont Registry "rendering" debut and write up. I expect then that old Pistol Pete will have to answer some questions as potential vehicle buyers/dealers will want to know much of the same things investors do.
The SEMA event was to promote the H2pg engine and Doug is the star there. Peter is there in the background working hard to close some deals. Doug and the engine are the bait.
In January we have the cars debut at the show.
This run is based on the SEMA hype and if no news appears the price should drift lower again. When it does those who took some profit may decide to buy back (increasing position)in for the really big runs that could come in months ahead. Many stocks undergo engineered runs that part newbie investors with their money when theres nothing really driving them.
Just ask yourself what has changed over the past few weeks that makes the company worth 3 million dollars up from 400 G's?
Remember that the milage claims are only the equivilancy of using regualar fuel(meaning if the E85 had the same BTU value). Actual milage may be somewhat less - just a guess of between 85-95 which would still be good and worth the venture.
GLTA - P.
Picked up a little SSHS Friday for this coming weeks pop.
There are no sides in this Maronti, just profit or loss and to have either one you gotta sell some shares my friend. This coming week it doesnt matter who is right or wrong, just that the market will support a three million dollar market cap.
Hi all. SHSS worth taking a look at perhaps. 89 - 90M OS with about 65M traded Friday on huge contract news. AS at 300M.
P.
Picked up a little yesterday myself as a lotto, may add as well. GLTA - P.
Picked up a little rmdm for a lotto pick. bllb seems to spike every few months for a quickie profit, but very thinly traded.
MM's seeming to be generating runs on some real piz poor performers even usse and sstp.Nice runs on low vol. what gives?
Hard to pick a loser over the last few weeks.
Just for fun...if the Pelmear engine is an OPTION for the Verde, what is the alternative engine to be? If the chassis is a GM (Pontiac??) design then maybe its the same engine that will power the 2010 camaro - a 300hp with 42mpg highway. Thats pretty respectable for a "green muscle car. Maybe a GM hybrid set up?
Revenge Designs and Pelmear might make it big depending on how well the engine is received, and that body style is very sharp. Very GM looking.
Despite my reservations about Peteys intentions concerning us shareholders, I have to hand it to Peter in being so close to attaining his dream and possibly doing it in a big way.
This kinda brings me back to the days of the Bricklin. I guess inasmuch as Peter is trying to build a car company, the pps will follow his progress or lack of. I would have to say that he either delivers this time around or jumps on a slow boat back to down under.
Just my roundabout way of saying that the big profits will take some time to develop, and for those of us who are in around .0002 - .0005 (early birds or stucks) those big profits will start to happen in a few months IF Peter or WHEN Peter makes solid announcements on alliances, partnerships, and financing.
Im now riding almost free shares so I can sit through a few ups and downs comfortably now, and somewhere in the back of my mind hopes that down the road some sort of div. (disgorgement from SEC Vs Carnes) is announced. As an excess number of shares were sold into the market, I dont think it unreasonable to think they might have to be removed...how many I have no idea but Im thinking in excess of 300M shares from reading the docs.
Thanx for sneak preview of Dupont renderings Pete. Makes me think you might have read my post the other day if I didnt know you were already up to your elbows in work. So its the two seater eh? http://www.revengedesignsinc.com/verde.html
Kinda reminds me of the older vettes.
Were anxiously awaiting results of the one on one disussions with potential licencee's and private investors.
P
Nello: read this: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43176292
Shakes has some rvgd left over from last try,and decided it may be worth another shot. Maybe shakerz didnt wanna let you in on it haha.
there are three other companies CArnes screwed over beside rvgd, and hes getting nailed on all of them.
Morhawk, Im happy it caught the interest of shakerzz who rec'd a buy on dips. Like to see him upgrade that a bit and who knows, Peter may deliver a whopper pr. He is sitting on some nice news I hope that would make us worthy of a pps above .002 (financing, alliances,partnerships,franchises,etc).
Would like to see Carnes and S&L forced to buy back a couple hundred million of shares. Peter needs hundreds of millions to make everything happen and annoucements of just a few million would help as well.
So we wait some more. I want us to be on the top ten ihub board listing.