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Does this count as or end of month update? Wait we are in the next month. At least she answered you.
I have never been anything but professional and courteous to Emily and I do not get responses anymore.
I sent the money directly to Monty. A little something for the effort eh!
Blah blah blah. I guess the Revenge GTMR was not as well received by the Dubai as we had hoped.
Revenge Designs Inc. Signs Agreement With 110 MPGe Engine Company, HP2G LLC
Last update: 10:00 a.m. EDT April 22, 2009DECATUR, IN, Apr 22, 2009 (MARKET WIRE via COMTEX) -- President/CEO Peter Collorafi of Revenge Designs Inc. (PINKSHEETS: RVGD), a specialty car designer and production assembler, is pleased to announce that an agreement has been signed with Mr. Douglas Pelmear, President/CEO of HP2G LLC, an Ohio based engine company with a 110 MPGe engine.
HP2G LLC has designed, developed and built a proprietary V-8 engine called the HP2g. It can achieve 110 MPGe (miles per gallon equivalent) in fuel economy while posting carbon emissions of less than 200g/mi and generating 400 horse power and 500 lb-ft of torque. Under the terms of their agreement, HP2G LLC and Revenge will execute a Master Installation Agreement making Revenge the sole and exclusive Certified Installation Centers in the United States for the installation of HP2g engines for aftermarket purchasers. Revenge will be the sole and exclusive Certified Installation Center for HP2G's HP2g engine for those clients. Further, satellite centers will be established.
Douglas Pelmear, President and CEO of HP2G LLC, has been spotlighted by the Progressive Automotive X PRIZE competition and has been interviewed by national, regional, local and international press regarding the HP2g. He has exhibited the HP2g, by invitation, at the North American International Auto Show in Detroit, the Washington, D.C. auto show sponsored by the Department of Energy and last year's Specialty Equipment Market Association (SEMA) show in Las Vegas where he won the Green Zone Award.
When discussing the engine, Mr. Pelmear states,
"This V-8 engine operates on E-85 fuel instead of gasoline. Coupling that with the use of more precise tolerances and manufacturing techniques, we decrease heat as well as energy loss and increase the efficiency of the internal combustion engine.
"There are nearly 250 million cars and light trucks operating today in North America. The global market holds well over twice this amount. North American new car sales vary between 15 million and 17 million per year. The vast majority of these vehicles use gasoline at a rate of between 15 and 40 miles per gallon (MPG). Fuel costs and fuel economy in vehicles have been affected by a number of factors. Up until now, the automotive companies, energy suppliers and national governments have moved at glacial speed to create fuel efficient vehicles, or improved energy and fuel sources."
Revenge Designs and HP2G are very excited to be making real-time advances in fuel-efficiency and offering the world a practical fuel option without compromising the consumers' needs.
Both Mr. Pelmear and Mr. Collorafi are pleased to also announce the first production vehicles to utilize the HP2g 110 MPGe V-8 engine will be from Revenge Designs and are currently in the build stages. The all-new Revenge Verde Super Car will be totally designed in-house. The Revenge Verde Super Car makes extensive use of carbon fiber and has a chromoly tubular chassis design as well as a wheel base similar to the Ferrari GTB in order to allow for considerable leg and head room. The mid-engine compartment is specifically designed for the HP2g engine technology.
The production of the GTM-R Super Car will not continue. It is simply not feasible to produce a vehicle that is not entirely designed in-house and requires such a considerable amount of reconstruction and design.
With several months into the development of the Verde Super Car, Revenge Designs hopes to release the new Verde Super Car at the LA International Auto Show in December 2009. Revenge intends to display two versions of the Verde; one left-hand and one right-hand drive with the purpose of releasing the vehicles to the world market and not simply the American stage. Following the Revenge Verde Super Car, the company will be producing a Super Saloon vehicle in late 2010 that will accommodate the four-door passenger car market.
Over the past eight weeks Mr. Collorafi has met with several Government and State officials to discuss a number of different funding options from a variety of entities. One of the options includes the availability of financing from the Federal Stimulus Package. Mr. Collorafi is also working with various Department of Development officials in a number of states to include employee based incentives, tax incentives, and research and development funding into the finance package.
The site for the new assembly plant, the Revenge Certified Installation Center and Testing Facility, will create employment opportunities and economic assistance to whatever community is chosen to be the home of the new location. The current Northern Indiana location will be maintained for management and R&D purposes; however, the entire Revenge Team is very excited to be branching out to a new location and start building.
Mr. Pelmear has informed Revenge Designs that he has over three dozen patents near completion and production should commence mid-year 2009. Both Pelmear and Collorafi agree that, no matter where the plant locations are or how quickly production begins, the "the true win is seeing fuel-efficient production vehicles driving down the roads that have helped put Americans back to work."
In summary, Mr. Collorafi states, "I must commend Mr. Pelmear for his relentless fight to strive for a clean air environment now. His ability to release his proven technology now, in 2009, is making improvements for not only our generation but for our children and generations to come."
Revenge Designs Inc., a specialty car designer and production assembler, is headquartered in a facility in North Eastern Indiana. Mr. Peter Collorafi is a car designer from Queensland, Australia. Mr. Collorafi has been designing and installing custom modifications for factory produced vehicles since 1980. Their products include the Revenge Solstice, Revenge Ridgeline, and the award winning Revenge GTO. For more information on the company please visit www.revengedesignsinc.com.
Revenge Designs Inc. --- Investing in Our Future
Has anyone heard from LMF? I have emailed him and PM'd him with no response.
I was told in Detroit by Emily that the buyer has consented for Revenge to use it for as long as they need. FWIW. I have also tried to contact her regarding marketing questions and as to date no response.
Thats what she said....sorry I was watching the office all night with my son!
No I took the picture. Just like you to point out the small boys in photos! Father Fiat.
Taken by "THOUSANDS'? Where's the money?
I was hoping it was getting changed to Penske/Revenge!
By the sign you mean the note from yesterday?
I kneew I could smoke you out of hiding.lol
Curious to find out who they might be. I think Swift is Mets and Burg is BB Blue Chip....lol Burg sounds like a Canadien.lol
Can we get IHUB subpeona to provide information regarding if Swift/Burg had ihub accounts are were/are posting?
You would think a filing is a filing. When I called them they didnt tell me it wouldnt be posted but then again I didnt ask specifically. I asked how long it took to process....thinking of course that it meant rescinding the RS.
That's F'd up. Then what is going to happen when the "issue" is resolved? Where will something appear?
Yeah for Ford...lol
They will probably say he still works there.
But the shareholders get zilch.
Emily told me that the purchaser has told them to keep it as long as they need it for shows and test drives fwiw.
Captain the voice of reason. Thats it Im going to church today...then the boat!
It will be crazy for sure.
and everyone appreciates all the info we can get our hands on. I was just trying to tell all that if they think the cancellation is already factored in to the pps and movement of shares they are dead wrong. There will be huge movement when it hits the site and if Peter is smart he will strike while the iron is hot and follow it up with a series of well timed pr's to drive this thing crazy. believe me I have 29 million reasons to want this thing to move north.
I would love to take that to the bank but that would be the second time that I believed that statement. When it comes out it comes out and we will all move forward. My point was that nobody can blame a poster for feeling the same way I do. I am not being mean or malicious or stating that he is lying to us. Once it is black and white it will all be clear. (I sound like Confucious)
a pr without RS cancellation confirmation is senseless. If anyone thinks that that confirmation is a forgone conclusion is dead wrong. There are many many people that need to see that in writing officially before they jumpin or buy more. You cant blame anyone for being cautious.
Is everyone watching the SOS site or what?
Shouldnt you do research before you invest?
Wrong wrong wrong.
Thx Ford
I was told 7-10 "working days". What date are we assuming was the file date?
I hope everyone knows what I meant by saying the RS is dun. I meant the fix not an actual RS. Sorry.
In reality it does no good to waste a PR until the RS is dun. It wont have any real effect on the pps.
DOnt forget about the Mayan calendar dooms day date!
Wouldnt that be the chit right now?
I wouldnt have given him that much credit but maybe I am wrong.
Is that how you get someone to dump what they have and out of your hair....announce an RS? Things that make you go hmmmmmm.
Did he vote for Pandey's removal?
You got it.
I'll admit it I was ready after what I was told in Detroit and it came to pass w/o happening. I will be happy when I see it hit the SOS and not until then. Gld to see the tone of the board change and seeing some new and old faces tells me a run is imminent when/if the news hits the wires. Peter had better not let this lapse.