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Re: None

Thursday, 01/25/2007 2:26:24 PM

Thursday, January 25, 2007 2:26:24 PM

Post# of 6991
From the recent SEC filing, etc.,what they seem to have done is use the plant's equipment as collateral to extend the time to try to generate sales to become viable and avoid bankruptcy.

The 2006 contracts and purchase orders (Mia Water, Miles Mall.com, National Lampoon, Harley Davidson Cafe in Las Vegas and Mr. Restifo/Data Commodities pronouncements), according to the SEC filing, generated no income. This must mean that the plant has produced no product since being fully operational and licensed last June (according to the company).

Is this assessment reasonably accurate? If so, I guess it goes back to the previously-discussed obvious: either the co-founders of RSPG can generate substantial sales within the very near future or there won't be an RSPG.

(I still have my RSPG stock, and as of today, haven't lost any $$$.)



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