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Different Companies.....?
As you read through the history of the two respective companies, it becomes evident that they simply share a name in common and are not related on a business basis. One deals with ceramics and began in Columbus OH and the other is the Australian performance entity (great pics of their facility, btw), which appears to be a modern, expansive and obviously going concern.
Peter responded to the series of emails that I had my daughter-in-law send on my behalf last week. (Ok, it was a great golf day and I wasn't going to sit inside all day and send emails). He left his phone number and asked that she call him, which I attribute to his reticence regarding putting certain things in writing.
She called.... anybody want to guess what the outcome was....c'mon, somebody guess...Ok, you know already, pretty typical stuff, perhaps he didn't get the message.
News Re: Indiana Law & Revenge
I spoke this morning with Mary in the office of Indiana Secretary of State Todd Rokita. (317-232-6576) I asked the questions regarding applicability of Indiana law to a "foreign corporation" (incorporated in Nevada but operating in Indiana).
She gave me some information and told me where to look at the office of the Indiana Attorney General, Steve Carter. I spoke with Allison in the AG's office (317-232-6330)and learned the following:
Revenge has done all the correct filings with the State of Indiana to conduct business / operations there.
The following paragraph(s) have been taken directly from the current Indiana Code.
Here's the summary: A "foreign corporation" operating in the State must adhere to the code, laws and requirements of the State.
When it comes to calling an annual meeting etc., the entire issue hinges on what is said in the bylaws of the articles of incorporation of the Company. This makes the issue a somewhat circuitous one, in that the next step is to determine what the Revenge bylaws say, and getting hold of a copy of them would be the next step. if these bylaws mandate an annual meeting, etc., then Indiana has extensive rights on the subject, but if not, then we have no further assistance to look to them for.
Here are the direct paragraphs from the Indiana Code:
IC 28-1-22
Chapter 22. Foreign Corporations
IC 28-1-22-2
Authorized business; equality of rights and privileges with
domestic corporations
Sec. 2. (a) No foreign corporation shall be admitted for the
purpose of transacting any kind of business in this state, the
transaction of which by domestic corporation is not permitted by the laws of this state.
(b) A foreign corporation admitted to do business in this state
shall have the same rights, privileges, and restrictions as domestic corporations of like character or charter, and to the same extent as if it had been organized under this article, to transact the business for which its certificate of admission is issued.
(Formerly: Acts 1933, c.40, s.325.) As amended by P.L.263-1985,
SEC.85; P.L.171-1996, SEC.9.
IC 28-13-5
Chapter 5. Meetings of Shareholders
IC 28-13-5-1
Annual meeting requisites
Sec. 1. (a) A corporation must hold a meeting of the shareholders annually at a time stated in or fixed in accordance with the bylaws.
(b) Annual meetings of shareholders shall be held at the principal office of the corporation, or in the city, town, or county in which the principal office is located at the place stated in or fixed in accordance with the bylaws. If no place is stated in or fixed in accordance with the bylaws, annual meetings shall be held at the corporation's
principal office.
(c) The failure to hold an annual meeting at the time stated in or fixed in accordance with a corporation's bylaws does not affect the validity of any action taken by the corporation.
(d) If the articles of incorporation or bylaws so provide, any or all shareholders may participate in an annual shareholders' meeting by, or through the use of, any means of communication by which all shareholders participating may simultaneously communicate with each other during the meeting. A shareholder participating in a meeting by this means is considered to be present in person at the meeting.
As added by P.L.14-1992, SEC.163.
Indiana Law....Mandatory Annual Meetings...?
While I learned decades ago not to play lawyer, I'm going to find out Monday if the "Foreign Corporation" rules that are in effect in Indiana apply to a Nevada Corp. such as Revenge.
When a company not incorporated in a specific state chooses to operate their business there, then in many cases they find themselves, as a "Foreign Corporation", subject to certain of those laws of that state.
My primary interest would lie in the ability of a shareholder to demand access to the books and records of the corporation as well as mandate the calling of an annual meeting. The consequences for not complying with simple requests such as this are generally quite unpleasant for the Company, and the expense involved in pressing the issue is borne by the State.
This may be interesting to learn more about, as it has become obvious that no polite, rude or reasonable answers for our questions is forthcoming.
It would be so simple for him to do things the easy way, as he promised in his several "transparency" bleatings.
Just what does he have to hide, anyway?
maronti1....sadly, "no good deed goes unpunished!"
First of all, thank you for making the effort and staying on it until a response was elicited. You've been more fortunate and certainly more successful in your actions than any of us so far.
Secondly, it seems a shame that for extending yourself and conveying Peter's conversation, you somehow became "attack-worthy" with all that goes along with it. To me, this seems blatantly unfair, regardless of the significant body of despair that surrounds the loyal shareholder base.
I for one thank you.
There's one simple question here......
Is Peter Collorafi trustworthy and credible or not?
That's the only issue.
History teaches us that the best indicator of future behavior is past behavior.
Here's a great idea....!
Let's all take credit for mandating that Peter deliver some information of substance, which he did today. Perhaps he realized just what was brewing with the owners of the Company.
If the building is put on the back burner, that's fine, but the fact that we know about it and understand what's going on makes alll the difference.
It's so simple to tell the truth that it's silly and that's all it takes with the dedicated longs to make the day a little brighter.
Thanks!
Well, I sure feel better already...!
Whew, what a relief.
There's finally some “news” from Peter, per the preceding post.
Apparently, Peter went on a trip to Illinois and Missouri and showed dealers the Ridgeline. He didn't mention selling any however, maybe it was just an oversight. He's waiting for the 2009 models, so I guess there might be a delay. Perhaps the dealers asked for their names not to be released for from 6-8 weeks and their Ridgeline contracts are more readily characterized as "pending" contracts. We're quite familiar with that entire concept.
They're also "gearing up". I kind of thought that they had been doing this for months now, maybe they're in a real low gear like the big trucks have.
They're also "moving forward and are excited" about the GTM project. To his credit, Peter did spell "excited" correctly this time, but the church mentioned is probably a Lutheran, not a Luthern one. It's a spell check problem, but that may have gone down along with the server.
Most of all, I was pleased to read about the big fun last weekend in Decatur. I'm sure that every .0003 shareholder was thrilled to know about the dunk tank and the helicopter landing. Who cares about their Company’s stock crashing when they can see a helicopter land anyway, it’s obviously a priority thing.
There was no news about the new building. Maybe he thinks it slipped our minds.
There was no news about financials. His server is probably still down. We should buy him some Quickbooks software.
There was no news about production. The Company Ridgeline may have been the entire “production’.
There was no news about sales. This may be a language barrier issue. How do you say “sales” in Aussie?
There was no news about the $80,000,000 "pending" contracts. This is not even comment-worthy anymore.
In fact, there was no actual "news" at all. What we got was re-stirred pablum, served with a million dollar smile. If Peter wore a red ball nose and had giant clown feet on, we could all have a good laugh about this. I can see it now, “Bozo Collorafi”, the million dollar Australian stock clown presents news of the week.
And I don't believe that any of us even got a kiss either.
Have We Been "Done Wrong"....?
And for those of us who feel that we've been "Done Wrong", take a moment and check out this site, it's connected with a law firm that specializes in class action shareholder lawsuits, which, sadly enough may be what the future might hold based on the treatment heretofore.
No endorsement intended, and simply my personal opinion based on how I interpret the actions of the Company to date.
http://www.endfraud.com
Interesting...........
Strong Message to Follow.....?
Very well put, enough is enough
Very True...and Common Too!
I've done corporate finance and financial consulting for more than forty years.
If I were to systematically ferret out the single one reason that a company fails to achieve it's potential, it would lie in the fact that the founder / CEO / whatever had risen past the level of his own competence.
The most egregious examples lie in the pharmaceutical and one trick pony software industries, wherein a Dr. or a genius level software engineer has really created a great thing, something that can have wide application and make people a lot of money. The problems begin when circumstances surrounding marketing, production, downstream finance and strategic alliances are brought into the equation, because all too often the respective founders (who are truly just absolutely top notch within their sphere of expertise) attempt to take on responsibilities involving a function that they have no idea on God's green earth how to handle.
They stray so far out of their realm and end up devoting so much time, energy and attention to learning how to do something that lots of other folks could do more efficiently, cheaper and faster that they lose focus and more often than not end up much lower on the accomplishment curve than they ever thought possible.
Contrarily, the other side of the coin involves the founder / creator who is so inexperienced in their new arena that they're actually afraid to either hire someone or do it themselves, and instead internalize their energies in an attempt to achieve "product perfection" at which point they somehow feel that the world will undergo a revelation and beat a path to their door. It didn't happen that way for Peter with HDT in Australia, and it most certainly isn't going to happen that way for him here.
Perhaps Peter Collorafi falls into this "running scared" category. Nobody knows, but his consistent lack of concern for his responsibilities regarding the dedicated Revenge shareholder base is both shortsighted and inexcusable.
There are some facts that Peter Collorafi must understand that he must face, and that action is much better undertaken sooner rather than later, whether he realizes it or not.
A $236.00 Day.......?
I spent more than that filling my boat up yesterday.
Apparently the old adage "if you don't tell em (in our case the RVGD shareholders) anything then you won't give them something" to be mad about". You have to be a little older to remember the illustrious Victor Posner, but that was part of his modus operandi when it came to his respective shareholder base, whether ot be at Security Management Corporation (owner of rental property in Maryland and Florida), DWG Corporation (owned Arby's and Royal Crown), NVF Company (vulcanized fiber and an attempt at insurance), Sharon Steel Corporation, Pennsylvania Engineering Corporation, Salem Corporation, APL Corporation, Evans Products, Graniteville, Inc. and Southeastern Public Service Company.
Posner was said "by Forbes magazine to "have the arrogance of a banana republic dictator" and by the New York Times to be the "dean of the corporate takeover".
He wouldn't respond to any mailed in or phoned in shareholder questions and had a personal goon squad at his annual meetings, where he would turn the microphones off instead of answering unpleasant shareholder questions from the floor.
and he only got away with it for forty years or so.
Maybe Peter Collorafi isn't as ambitious as Vic Posner, but it appears that his attitudes toward his shareholders is very similar.
State of Indiana sales tax
80,000,000...........>
80,000,000 to zero in just over two trading days. I wonder if that's a record?
I too checked re: a possible trading halt and got exactly the same response... nobody seems to care avout RVGD today.
drifterfcrc, please feel free.....!
Outright insulting anyone seldom yields the desired results.
I believe and always have that there is a real Company in there that has gone seriously astray in terms of appropriate shareholder communications for reasons best known only to the management.
They can attribute the situation to their novice status and to flawed guidance, but when the day is done, the responsibility lies with them and because of this, telling the truth and maintaining a dialogue is the only way that they're going to regain credibility, not with fundraisers, gull wing Solstice adaptations or incredibly poorly handled building information.
All in all, they should realize that this is nothing more than deeply concerned and sincere constructive input and govern themselves accordingly.
Peter must understand that any success here has to be mutual, so maybe it would be better to have shareholder friends than enemies.
Send away!
Hobeau96.......!
Extremely well put!
This is the best articulated example of the highly problematic yet totally avoidable symptoms that the Company displays daily.
Great post!
Deals and Shades of Grey.......
As it regards the purchase price that Revenge pays for the vehicles, when I invested in a handicapped-use-modified van conversion company maybe 18 or 19 years ago, they bought the flat bottom FWD Chrysler mini-vans at bulk fleet prices (200 units at a time) delivered through a local dealer (who made $125 per unit) on a deeply discounted basis, which amounted to a savings then (almost 20 years ago) of around 7% per vehicle off what would normally have been true dealer invoice. Logic dictates that Factory Five would also make some kind of significant price concession as well, based on volume of purchase.
I don't blame Peter for having problems with building permits whatsoever, as anyone who has ever been involved in an exercise like that knows just how ridiculous and onerous it can become sometimes.
I DO, however, blame him 100% for the manner in which he has chosen to convey information to his shareholders, which if taken at best is vague, easily subject to misinterpretation and misleading and if taken at worst, in my opinion comes close to being fraudulent. Further, I don't believe that I'm alone in this opinion.
If he wants shareholder confidence, which would mitigate shareholder insinuation into the affairs of the Company, then he should begin to try and earn it, because his credibility is virtually non existent.
We all understand new business problems, but none of us understand why the man simply doesn't present the truth in a factual objective manner and do what he said he was going to do when he said he was going to do it. If a problem arises, as in the case of the building permits, he should communicate that with his supportive base of shareholder longs. He owes them. That's how he can begin to regain credibility, and until then, the calls to check on him will continue to be made, which is both sad and avoidable, but a situation totally of his own creation.
Let your often promised "transparency" begin, Peter.
Start keeping your word.
I like the potential and prospects of the Company, have now invested to a maximum position at extremely favorable prices and anticipate a positive outcome with the investment for a variety of different reasons, but when the day is done, Peter Collorafi must come to understand that he has a personal responsibility to the people who made this Company possible.
It's just that simple.
Deep Sigh Time.......
Have a nice day
I'm sure there's a point there somewhere, but the simple fact remains that shares are being sold from somewhere by somebody and nothing has yet been filed with the SEC.
Having "friendly" or "away" shareholders assist a company is commonplace.
I apologize if my point wasn't made in a more readily understandable or cogent manner
No Filings @ SEC.......
Per the SEC a few moments ago, there have been no new filings since November of 07. Were Peter, an officer or a director of the Company to sell, they would have to register / file a Form 4, with the SEC and that evidently hasn't happened as of yet.
Some explanation for the heavy volume and large volume individual sales might lie in the sale of some of the "dividend" stock that was passed out recently (if these shares had or are about to have registration rights) or an "away" shareholder not officially related to the Company that may be selling the shares and lending or otherwise directing the proceeds back to the company in some cash infusion format.
Certainly an interesting yet troubling situation, particularly in light of the abject lack of Company responsiveness, the "coming soon" portion of the website notwithstanding!
Very, Very Good.....!
Kind of an "enemy within" and wholly sustainable opinion!
Ouch....
That's one of the scary parts.
Let's hope that Peter is in the habit of checking his vehicles better than he checks his spelling....LOL
Lingenfelter Deal...
My question referred to the fact that the Lingenfelter deal was mentioned thusly:
"In July of 2005 Peter met with the new owner of Lingenfelter performance engineering. As a result of the late Mr. John Lingenfelter losing his life due to a tragic racing accident we decided to accent the Lingenfelter racing legacy with a limited Edition Pontiac GTO the Lingenfelter Signature Series."
Due to the historic misinterpretation of the Revenge PR's, I thought it prudent to ask if the mention of the Lingenfelter name might have a degree of applicability to a current relationship.
This was a question, not an attack. Please regard it as such, there's no reason whatsoever to do otherwise.
Were a shareholder to determine an attack was necessary, there are other issues of exceedingly higher profile and intrinsic merit than this.
I'm a substantial shareholder in this Company, and have continued to acquire shares over the past week, and through this morning, when the bargains just kept on coming. My average share price is now just above .0004 and the cost throughout my buying program has been insignificant in the overall scheme of things.
I have a somewhat different idea about what's going to happen here, but if I didn't believe that a minor investment was merited, I most assuredly wouldn't have started the exercise in general.
My point is that I'm allowed to ask all the questions I like, and if the Company doesn't see fit to answer them, then perhaps this board may provide some meaningful input.
Ergo the question.
That's all
Simple stuff
"About Revenge".....
Maybe I missed something, but I don't notice any update information here except if perhaps the old Lingenfelter deal is back on again. I can't understand why it would be mentioned because if it just refers to a long dead deal, it would obviously serve no purpose, which raises the question about something new with Lingenfelter possibly being in the works, as simply name dropping wouldn't accomplish much at this stage for the Company.
While I'm happy that something's finally on their website after all these months, I assume (yeah, I know...bad bad idea!) that some actual substance may be forthcoming now that they have begun to use the website more efficently.
The Yenko Mystique....!
The true Yenko vehicles now for sale on eBay range from a Corvair "Stinger" priced @ $29k+ to a Camaro, @ $325K! Clones and "tribute" cars abound, and some of them are around $65k.
They delivered them in Chicago through Nickey Chevrolet (with a backwards K) and if you bought one on the first weekend, you got to do your test drive with one of the stars of the then immensely popular "Bonanza" TV shows, Lorne Greene, Michael Landon or Dan Blocker, which was a real big deal back then (Chevrolet sponsored "Bonanza").
These things were absolute beasts out the door and apparently there are very few real ones left.
Royal Oak Pontiac did something similar with their Royal Bobcats, but the were more street oriented and never had the degree of panache that the Yenko products did.
By the way, the one on eBay that's selling for $325k now would have been list priced in the mid $4,000's when new.
It would certainly be nice to reminisce about the GTM’s like this 30 years from now.
drifterfcrc......thanks as always!
It would be nice if he cared enough to share one iota of information with the owners of the company he's "ceo" of (lower case 100% intentional)
Any shareholder who has ever spent any time in business knows that sometimes things take longer than anticipated. Telling us about it makes all the difference, especially with a communicational track record as dismal as his.
What gives Mr. Peter "thanks for your money" Collorafi the idea that we wouldn't understand that, if he had the simple common courtesy to spend 5 minutes a week updating the people who provided him with the wherewithal to make his "American Dream" come true?
The reason his shareholders are going nuts is that he has not only created a ludicrous facade of semi-truths and unfulfilled representations to us... now he seems to be hiding behind a schedule that doesn't have a free five minutes in it (or so we are expected to believe) since his last "production data coming" PR ten days ago.
It's not raining, Peter, and we know why our legs are wet.
Grow a pair and do what you said you were going to do.
That’s pretty simple stuff, and yes you absolutely DO owe us, it’s just that simple
Thanks for the Input.....!
From day 1, my primary concern with the entire RVGD situation has had to do with the wholly predictable head-on collision that it created for itself in terms of investor credibility.
None of their announcements were what they were characterized to be on a face value basis, none of their "transparency" programs ever went anywhere whatsoever, none (at least none of mine) of their shareholder emails or calls were responded to and the resultant stock dump must be seen as a shareholder reaction to what has been either a slap in the face of the people who funded him or outright blatant stupidity.
Blind faith is fine, but the faith placed in this Company and this man has not been respected at all.
My position is substantial, extremely cheap (after today’s close, under .0004825)and, as stated before, will either make me a few bucks short term, reverse split and become a real stock eventually or simply be written off.
The arrogance displayed has been appalling as has the face that Mr. Collorafi has presented to the investing public. If and when he ever readdresses the capital markets, he will learn just what he has created for himself.
Reap what ye shall sow, Mr. Collorafi…. We live in a very small world.
Per the SEC website, The last SEC filing was a Reg D in November of 2007 that was accepted by the Commission on December 3 of 07. They're still being called Southern Cosmetics for those who want to stay on top of filings @ the official SEC site, looking for data on Revenge just gets a boat company info.
Agreed.......
I've be adding to my position as well.
This has been a nice time frame to build a significant position @ .00055 averaged, without really spending any money to speak of.
When and if any spark of credibility is generated, there should be meaningful appreciation, and if the status quo keeps on keeping on, then its a very affordable long term hold.
If the Company remains as totally clueless as it has regarding shareholder relations and the realities of the marketplace, it can serve as a small write-off vs some better performers to be liquidated.
I agree that gas isn't going to be an issue.
My concern is that to outward appearances, this is going to be pretty much identical to a well assembled kit-car from Factory 5, which isn't going to deliver the name-branded exclusivity, panache and prestige that this type of buyer opts for. If he has to explain to his buddies at the country club what it is and further discuss why it's not "really" a kit-car then he isn't going to be getting the bang for his buck that he counted on while he read the sweet 0-60 claims.
The car looks great, but my fear is that the price points are going to put it up against some formidable, better marketed and more well established and recognized competition that carries a lot more "image clout".
Well, Doghouse, you can't say that they're not consistent with what they "design" and bring to market......LOL.......!
(nice find, BTW)
Peter's Background in Australia..?
I started by doing a Google search for "Google Australia" and then chose "Australia topics only". This way, all that was there was information related solely to Australia.
Apparently, Peter was somehow involved with the purchase there of a company named HDT which was founded and operated by Australian racing legend Peter Brock, who assembled and sold a bunch of performance modified Holdens (maybe as many as 4,500 of them!) and was the absolute big deal from 1980-1988 when he had a falling out with Holden and sold the name / biz to Peter, (some sites said it was a Joe Collorafi, which is maybe Peter's dad or relativeor a typo, who knows?). According to Google, he operated HDT from 88-93 and then it was acquired by another party, who then sold it again a few years later.
There don't seem to be any production numbers floating around regarding production during the Collorafi years or the subsequent years either for that matter.
FWIW, the GTO (new iteration) that didn't do so well for Pontiac is actually pretty much a Holden. (These are the GTO's that RVGD is modifying)
This is all the Peter / Australia background that I was able to glean from the Google Australia.
It’s difficult to determine how well or not so well he did there or what he’s been doing since 1993.
I could not agree with you more, fordgonracn.
You are 100% on target.
It seems that we're presented with ZERO input or, maybe even worse, purposely vague information that all too often seems to end up being not exactly what a reasonable person might think it is, as we've seen in the IR hiring that wasn't, the Revenge designs that weren't, the building permit that doesn't seem to be and of course the "big" signed contract that remains the unspoken about elephant in the room.
I don't know what's worse, being ignored or being fed data that we seem to always be told we understood wrong. Either this company has the flat out dumbest shareholder base in the world or the "facts" presented to us maybe aren't "facts" at all.
Great post!
All in all, the credibility issues here continue to grow exponentially, and no good can come from that, as is reflected in today's PPS.
Those silly silly decimal points get me all the time, particularly with these triple zero exercises, which seem to confuse my calculator.
Thanks for the correction...it's always appreciated!
Assumptions / Extrapolation / Answer
Gas @ $4.00 per gallon
Ridgeline Mileage @ 14.0mpg
14.0mpg divided by 14 = $.2857 (29 cents) per mile
$.29 (29 cents) divided by .0004 = 72.5 shares per mile
Now that I have this number, I don't feel much better about things, actually.
No response to my emails either
Excellent Post Pronacyk!
In my opinion, you've pretty much summarized the entire Revenge fiasco.
A great number "true believers" will continue to content themselves with the lovely future that Mr. Collorafi paints for them instead of looking at the facts surrounding what they've been told vs what's happened, going back to early on with apparently "shades of grey" announcements about Lingenfelter, the $80mil in signed contracts, promised transparency, the Kistler, Chad and Equitrend relationships and most recently the building permit applications that are still "pending" and now the "promise of production schedules", and they just keep on believing and lapping it up, maybe because they emotionally have to. They will believe what they want to believe. They are apparently quite content with the word of Mr. Collorafi. Good luck to them all, I hope that their investments don't represent "important money" to them like it did to so many other now departed posters.
Revenge Designs (but not very much) LLC should be a lesson in the application of intelligent DD to all.
First of All, Thanks! and now comes the "rest of the story".
I want to sincerely thank TP for taking the time to call Peter and get us the facts. These might be the first actual "hard facts" that we've been provided..... thanks again!
Now that we have determined that Revenge Designs LLC apparently doesn't design all that much, I'm just a little lost.
I don't know if it's just me "assuming" things again, but I'll wager that before today pretty much every poster on this board also "assumed" that Revenge did a little more than buy and assemble the products of others. I thought it designed things, not just assembled them. I was actually foolish enough to think that they were different somehow. They now seem to have revealed themselves (or were they caught?? interesting point) to be just another after-market assembler, but one with a million or so of shareholder dollars to work with.
This situation and the lack of candor and simple good will demonstrated by Mr. Collorafi tells me that I don't want to be involved in any way with this investment. In my opinion, he has treated us like fools while we financed his business and there seems to be absolutely no reason for him to be trusted any further.
Let him locate another group of suckers to bleed, provide shades of truth to re-characterize virtually everything that he's had printed and then have the total absolute gall to criticize us for checking up on him (and learning even more data that was lacking in substance, as in the case of the building permit).
I don't know if there are any Aussie phrases involving the terminology "where the sun doesn't shine", but we have one here that's pretty applicable.
Thank You!!!!!
This is kind of puzzling. I copied the modified Honda Ridgeline from the ATS page you referred us to and then plut in on the same page as the Revenge Ridgeline for sake of comparison. The grille, turn signal and running board configuration seemed to me to be exactly the same.
Earlier in the day, the exact same thing happened with the hardtop that Revenge sells for the Pontiac Solstice. They also seemed identical to ones sold by a German company.
Does Revenge design and sell these parts to other retro-fitters for installation or does it buy them from these other companies or are they just coincidentally just about identical? If they're truly designing and manufacturing these parts, why would they design something that seems identical to other like products on the market?
I guess your question about what they do is a pretty good one.
Is Revenge simply a re-seller and installer of much of what they "produce"? Are these parts made by other companies?
Have we given around a million dollars to a fancy body shop in Indiana?
Having two "coincidences" like this crop up in one day adds even more questions to the overall Revenge mystery.
Are they simply "assembling" a GTM just like many other shops in the US?
It would certainly be nice to get a straight answer or two.
What is going on here?
Apparently Edag has grown!
Check out their website @ http://www.edag.de/company/
Apparently they've grown quite a bit since their own PR releases referred to them as a 'small german coachworks compamy" in 2006
Let's hope Revenge does this well!