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lol..Quite original..As Anvil/CT said he did not fit in with the rest of management. I like to be observant sometimes.. It was stated that a loan of $55,000 was made and spent mostly on trips to china by DeSilva..Bringing back a contract with no Letter of Credit from a bank that guarantees your payment. Contract is worthless unless you have that.(for those of you who have collected money from another country), the money could have been used a little better. I would have been a little upset that the LOC was not done..
Posted by: Anvil/CT
In reply to: Skeena who wrote msg# 67780 Date:4/23/2008 8:04:52 PM
Post #of 67791
Skeena:
running out of posts, but they did bring up DaSilva's departure, although being very vague. Basically, he did not fit in with the rest of management. Who knows, but water under the bridge, it happens.
That is actually an easy one.."You spent 55,000 and brought me a contract for X cases of water and no guarantee to be paid? What happened to all your contacts?..Later buddy"
mo
BD
Much to my dismay...that is one of the best posts and I do agree...And you know where I come from..
mo
BD
Seems the mm's are selling and buying at the same price whether it is at the ask or bid..
mo
BD
Was this specifically about rvgd or could this relate to about 99% of the pinks out here..(grin)
mo
BD
Later..gotta eat..
mo
BD
This doesn't look that bad to me..Bollengers look to be spreading, indicators look to be turning up, cmf rising. Ready to break that .002
mo
BD
hmmm...care to divulge the name of the "one of the top two chartists on ihub"? I know quite a few..(I may starve to death)
mo
BD
Later..gotta get some nutrition in this old, beat-up bod of mine..lol
mo
Bd
Oh, I don't know..I have seen many stocks drop a lot faster than this..besides, the drop in sp had a lot to do with absorbing the company selling stock and the financing coming into the market (as discussed numerous times). With the amount of shares that came in, the sp didn't drop that fast at all..MM's and us, I believe, own the majority of the os. Even though the MM's will make a good profit on their holdings (and they don't often hold) buying pressure will again take this up. And it sure doesn't make any sense to sell here. That oppertunity will present itself.
mo
BD
It is back on a few watch lists, and on Bill Panetta's Subs.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28641664
I know there is quite a few ready to jump back in. I have averaged down to the 2's (so ever one knows my agenda).
mo
BD
lol...I think someone mentioned it a while ago.
mo
BD
Joking a little, but we do need both sides of the coin to make a concious decision with our company..Both sides need to bring evidence or information that true and can be verified..
The company being new and need operating money, they sold shares--this is normal. They made unwise financing in order to go public--this has be over stated, but known. The fact that the financiers are virtually gone as their stock has been sold into the market and the preferred's will be given (lol) as a dividend to Carne's stockholders in his company and will not be eligible for coversion until next year is known. We are, imo, where we should be. I don't like to be down, but this real company has been more transparent than most pinks and have given the bashers lots of opportunity to twist and infer inuendos as true when they were just their opinions.
All posters here have an agenda..read the posts, the past postings of the posters and make your decision of their agenda. Do your own dd so you can have an agenda of your own..As my sig says..don't follow me..I stumble a lot..That might go for following any poster here. You are responsible for your own decisions, buys, sells, holds and investings..There is no one here that is pressing your fingers on the buy or sell button..Clean your glasses..they are not rose colored, and do not let them be opaque..
Sorry if this sounds like a lecture..got kinda carried away..
mo
BD
By jove..I think I have got it...
mo
BD
For those who have the ibox hid:
Revenge Designs, Inc. Provides Update on Negotiations and Overall Structure in Moving the Company Forward
Revenge Designs, Inc. (PINKSHEETS: RVGD), a specialty car designer and production assembler, is pleased to provide its shareholders a letter from Peter Collorafi, Revenge Designs President and CEO.
Dear shareholders,
By now you are aware we are in the early stages of producing the GTM Supercar by Factory Five Racing. It is our intention at Revenge Designs to take an already state of the art engineered American manufactured High Performance vehicle to a higher level of OEM (Original Equipment Manufactured) standards and a higher level of safety standards. Examples are: four passenger airbags, safety harness, competition ABS braking system, integrated air conditioning, laminated screens, and molded aircraft style interior. Revenge Designs will assemble the GTM with parts supplied by GM or newly manufactured engineered products.
Revenge Designs is currently in negotiations with one of America's largest Dealer Networks. It is our objective to supply over the next four years 200 vehicles per year through participating Dealerships within this organization. Revenge Designs will also sell 50 personalized vehicles through its own location. MSRP for these vehicles will be $88,000 to $125,000 depending on the customers need for speed.
Although I have devoted more than six month on this project, details of the final participating Dealers and Suppliers will remain confidential until permission has been granted by those individuals. We are bound by certain non-disclosures and the company must honor these agreements.
As we have shown over the past few press releases, Revenge Designs, Inc. is the "REAL DEAL." We now occupy our own quality building and will be expanding our facility by constructing an additional adjacent facility. We employ qualified, team player, specialized tradesmen and have begun production and revenue generating operations in 2008.
Can I bring to the shareholders attention what is "UNREAL," the fact that we are not a ten year established company, producing the same product every day, every week, every month? Please understand every new design, every new part, can take weeks, even months to perfect to the standard of original factory fitment. Appearance and fitment are very important to entice future Dealership sales. All of the parts that we design must meet these special requirements by our suppliers.
If just for a moment, day traders, shareholders and previous toxic investors could just take their finger off the sell button and let their investment breath, I am sure growth and stability would occur.
I also believe Mr. Chad Sykes, our investor relations representative, has been a great asset to our company. Most days for me as CEO of Revenge Designs are spent working on future designs, quality of fitment and quality of suppliers in order to achieve our goals. As difficult a job it is, I would not want to exchange positions with Chad.
In the coming weeks our press releases will consist of topics relative to Revenge Designs previously mentioned negotiations, future requirements, growth of the company, production of the GTM, the Honda Ridgelines and new Satellite centers. Genuine, positive investor inquiries are always welcome as we do listen to our shareholders and are working hard to build value.
In the coming months Revenge Designs will provide investors an open house tour of our production, to give investors the chance to meet and greet with those who are working hard to build value and to possibly drive one of our enhanced vehicles. We thank you for your continued support.
Sincerely,
Peter Collorafi
mo
BD
This means that now is a great opportunity to get in at a lower price or average down if necessary. Newbies that are out there and fence sitters need to do their dd and decide what to do..
mo
BD
Hey, everybody..been busy..over 400 posts to catch up..Seems those who want the sp down are still here. lol
mo
BD
I definately do not agree with you..
mo
BD
And I believe there is over 14mil that is restricted...company owned...
mo
BD
lol..again..any company with majority vote can increase the authorized at virtually any time..was that an insinuation that it will, or an opinion, or (I love this word) iminent.
mo
BD
Just food for thought..How many shares do the bod have that won't be sold for controlling interest in their company..If you are looking for all 1.5bil or so to be dumped (not my term) it would surely not be very wise to have all authorized shares out in the market...now would it..(smile)
mo
BD
Man..going to have to make go back and figure this one out..Preferreds look to be at .001, same as stock pricing so authorized has been adjusted for any multiples. If the 25mil were at 1/100, the authorized would be higher to compensate for it if and when they were converted. You cannot have more shares - preferreds when converted into common than total authorized..Total authorized includes all types of shares, os, preferreds, units, etc. Total equals total authorized..
mo
BD
That's really funny..even got Pita wondering where that came from...lmao
mo
BD
That is my understanding, also. Additional $$ for some retooling..
Those here can say what they want, but obviously have never had a business of their own..Maybe they should go do it and come back here in a year or so after they have gone bankrupt, sold their house, apologized to the wife and kids for living in a tent wondering why they didn't sell some shares for expenses, growth and future revenues..lol
mo
BD
Hey, fella..just got on..you doing your thing?
mo
BD
Before you start talkin trash like that, ya better re read all the posts..no additional preferreds than already out..show me and all of us where you got that info..lol...coming out of the woodwork..
mo
BD
Just imagine how the board would be if there was just a transfer of factual information..(smile)..
mo
BD
(I know-I know...down then up) lol
mo
BD
Now, you know that is not totally true...lol You know your buy today will take longer as long as you mislead those here...The company has pr's giving the information and Chad does (had) relay information he can..(I wouldn't anymore)..You can't have it both ways...which way is it..do you want the sp to go up or down..I just guess I get easily confused..
mo
BD
I don't blame you, but as long as those here try so hard to get the share price down, twist everything it will be a little while. For rvgd, I would take care of business..
mo
BD
I think it is the end of Carnes...sold to sbsh..And for the last month sbsh has been accumulating most of the sells..as they are now..Dumping into our void...This will level off..
mo
BD
You said it a little clearer than I..thanks..
mo
BD
I'm watching you fella...try to get our cheetos..lol
mo
BD
I like you, chief..You are a master....This is better than going to a comedy show and the price is cheaper and you can make a little change here...lol
mo
BD
Lol...and I mean Lol that was a good one..had to hold my stomach ..it hurts.
mo
BD
Probably a subconcious knowing that just slipped out..lol
mo
BD
Infofmation has been divulged...but obviously not enough for some here..I would suggest those get a job with rvgd (maybe sanding a door or something that is not too strenuous) if you want to have day to day updates. Or, hire someone to plant cameras at the shop, maybe slip a transmitter in their clothes. This is such a cloak and dagger atmosphere...lol..Ths should be a tv whow..
mo
BD
It surely seems that way..so many posters focusing on one item that they don't like and twisting it in to a forfront determination that the company is not doing their job and seemingly ripping the sh off..get a few downticks just to make some more at everyone elses expense..(wouldn't know anyone who would do that, would you)
mo
BD
Wasn't talking about that one, but still I would not divulge the name with all the vultures here..(again no inference to anyone in particular)
mo
BD
Those listening to emotional dribble, and probably sbsh nas several mil to sell..and will accumulate for when this goes back up.
mo
BD