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This new umbrella of companies has only been together a little over a year
Well constructed post. I understand your concerns in light of a falling share price recently.
I just talked with the company. Meetings went very well in London and its easy to sense the excitement and high expectations of management. I get the impression we will get a very good pr within days about some developments. Keep in mind one big name will. Make everyone profitable in one trading session. I think we have a good shot to get that with a little patience
Some interesting tweets on Reggie's page. Take time to read them. The articles give a good feel for where technology is heading
http://twitter.com/RTGVentures
This looks likes its coiled tight. going to pop up soon
want to place a 10K side bet on that 0.003 sorry that is laughable
We will know in March as it stands now I expect they wont be issuing any shares into the float because of that note certainly not at these levels. Its easy to restructure to a later date and pay off some of the note in cash.
I know it is and that's why we will do well with some patience
Things can change here for the best very fast. Lets give them a little time. The stock is too cheap right now. Market cap is less than 2m. To win one must buy low and sell high. Funny when its low some sell and others afraid to buy. simple game really just pick a company that won't reverse split and will make progress buy low and win
Your right that is directly from Linda so lets see what happens the end of March. Even if they make a partial payment and extend the terms of the note would be a huge pr. As long as shares don't hit the market
considering the difficult times in the region this has held up fairly well. It will have its day again bet on that
I understand that concern but the new promotion activities should bring in enough new longer term investors to counter any dump. Hope so anyway. But you know news trumps all and this company could drop some powerful news at any time. Lets hope sooner than later
Thank you sir and your right about this board and the other one as well. Too bad when a good company is under attack but that will get rectified.
VRAL is one of those few pennies I have come across that I feel compelled to just hold shares and forget about for a while
Again my fear here is this, The market has been strong and WATG has faltered. That is an unusual pattern for this stock. What happens if the major markets do a retrace from this latest surge?
Have to like the way this is holding the mid to upper 4's now. When it breaks out of this range which I feel its a bit stiff area to break it could run very hard
As far as dilution at the end of March. This is the last I heard but will try to get updates as the time nears
Re your question on March note: First read Pg. 11 of 10-K second para of text which reads: "In September, 2010 the Company agreed with a third party non-affiliate to an 8% interest bearing convertible debenture for $53,000 due in NINE months. The balance can be paid off in full or can be converted into shares on or after March 26, 2011 at an average price computed on the 30 days prior to conversion."..... Clrification from doc itself: he note can only be converted into tranches of no more that 0.0499% at any one time , upon being mutually agreed bewteen company and lender, not to be unreasonably withheld, at any point from due date through June 20, 2011, a minimum of 15 days apart, at which point it is due in full. It is RTG's intent to pay it off in full in cash and not provide any shares.
It certainly has the potential for big gains. Just depends on what the company wants to do as far as remaining public or not
Company remains quiet and we still get these little trades everyday. I have a feeling if they put out 1 decent pr this would get slammed..hoping!
Even though I met with the company for several hours I think your enthusiasm speaks louder. You have been a solid shareholder for a long time. You know them much better than I
You have spoken with them through thick and thin. For you to be so enthusiastic is very positive.
This has to be the safest entry level I ever seen in a penny.
We have a management crew that is relentless and do not know the word failure. Look at their history in other ventures and careers. We are surrounding ourselves with winners as shareholders.
Any shareholder in this stock its time to support them 100% in their efforts. The share price is an issue when your trying to make big deals. I hope that is going to start changing in the very short term.
There are never any guarantees and risk is always there but that risk is what creates the potential massive gains
Agreed some good news to keep the volume pointing up will get us back to more comfortable ground.
Perhaps this time we can start a steady march forward and not look back. I can't express strongly enough how confident this company is and their level of excitement and enthusiasm is off the charts.
The principals have their own money in this and are accruing salaries. They have no shares available that can be issued as free trading. They were not looking for funding were confident they had that covered
They intend to pay cash for the note due at the end of March
I look for a steady flow of news from this company because things are happening at a fast pace. They now get ready to go to London for more important meetings.
To sum it all up a penny PPS s a sad joke for this company. I hope that changes very soon .
Good morning Mike and your welcome. Great potential exists happy to be invested here
I had a very nice meeting with the company in NYC. This is not the first meeting I have had with companies in NYC or elsewhere.
This one was particularly refreshing because of the honesty and sincerity of the CEO and Linda. Great group of people at RTGV . I think their future is bright and will be rewarding for shareholders. I am happy to remain a strong supporter of this company helping in any way I can and will add more shares from time to time and confident to bring other investors into this stock as we move forward
I wish RTGV and all the associates the best of luck and prosperity
Fingers crossed that we get some big events soon. Will keep you guys posted on my DD
I hate to predict time frames anymore seems thats always a bad move but I like the way the stock is starting to trade. It appears to be turning around . I expect a good rest of the week would like to see it get back to 0.013 0.012 this week
Good to hear your watching RTGV
They were very careful to make themselves attractive to institutional investing when the time comes
No sellable shares no intent to sell, Wealthy investor heavily invested in RTGV. 2011 is going to be exciting
All insiders on a tight knit team here looking for the end game
When they start to roll this tech out this will be one hot place
Yes potentially a great deal. If they get other funding and or use cash to pay this off it would be great news
Big deal.... yawn..If this tech starts catching on it could have 500M shares and the stock would fly
their share structure is excellent considering their potential
Current 175M OS 300M AS absolutely fabulous
I heard several times through conversations that the company intends to get further funding. Details on that funding I would not be able to get until the public gets that info.
As far as dilution goes the biggest concern in the short to mid term is the note that's due at the end of March
I do have a company response as it was a concern and I saved that response and will post it for you
Re your question on March note: First read Pg. 11 of 10-K second para of text which reads: "In September, 2010 the Company agreed with a third party non-affiliate to an 8% interest bearing convertible debenture for $53,000 due in NINE months. The balance can be paid off in full or can be converted into shares on or after March 26, 2011 at an average price computed on the 30 days prior to conversion."..... Clrification from doc itself: he note can only be converted into tranches of no more that 0.0499% at any one time , upon being mutually agreed bewteen company and lender, not to be unreasonably withheld, at any point from due date through June 20, 2011, a minimum of 15 days apart, at which point it is due in full. It is RTG's intent to pay it off in full in cash and not provide any shares.
I researched Floodgates past. If anyone else wants to its easy to find. Floodgate is one member on the BOD and does not even have power over any of the subsidiaries. He has no shares to sell. That info not only came from the company but was researched by FFN as well Tired of saying it. He is a non factor for me and with proper dd I think everyone would agree
It is not dilution and its very much in play
Yes especially since the bid dropped after the so called buys lol
I will not attend meetings would like to meet the principals of the company and intro a new potential investor. Therefore I will know no more than I do now but perception is always a part of DD
LOL they are there until Thursday and I am trying to get there myself wed evening if I can fit it in. As far as dud. I would not bet on that myself
considering the charts and the overall market this should have moved already. The recent news from the company and overall bad sentiment towards Chinese stocks has this dead locked right now and I fear it could break to very bad levels
I hope not we will see....
I think its much to early to tell who is right or who is wrong. I do agree that revenues and profit from those revenues are very important as the company develops and markets this technology. They have demonstrated in their last Q they have replaced the revenues from the controversial adult store and put out guidance that far exceeds them.
I look forward to see what the trip to NYC may bring. I remain very confident that RTGV will be one of the best penny performers in 2011 and beyond despite the recent drop in share price. I also am well aware of the risks, these plays are not for everyone and people should always play pennies with what they can afford to lose
Considering this technology and the kinds of clients they will be dealing with that was a good move to dump that business. This technology represents something very big if they pull it off. Why tarnish it for some revenues
If they kept that business I would be saying hmmmmmmmm
We just need to give them a little time here. They never looked this good. Many big things happening and this could bust out at any time. This is the time they need shareholders to rally behind them and let them get some traction. If one owns shares they have assumed the risks so be a team player like RTGV associates are. They are all working hard together all on the same page. We can make a boatload of money here ..or lose it lol
Have fun in Vegas threeflight!!