Reality Racing Inc (RRGI)

[bonded1]

So why am I here some have asked?

I suppose that does have some basis for evaluating my input, and for those who inspired to spew one-line insults while hiding behind their keyboards, save it. I am thick skinned enough to actually get a kick out of people who cannot exhibit any level of intelligence or coherency when discussing RRGI (or any stock for that matter).

Since someone asked, I would describe myself as being financially comfortable. When you manage funds that are heavy in low risk bonds, your clients are people who are well beyond their prime and no longer seeking to make their fortune but rather desirous to enjoy an income from what they already have. The most difficult part of what I do day to day is fill orders to replace older maturing bonds with new issues with a decent return. Good product has become increasingly hard to find within the present day low cost money and finding high rated six and seven percent yields can make me salivate. Speaking of salivating, the most difficult thing that many of my clients do in their own daily lives is attempt to chew solid food.

This background is important because I have become financially comfortable by helping others make money. Over 70% of my own money is in the funds that my company manages. But, I must say that the boredom associated with bond buying it is not nearly as exciting as making a hit by sticking my neck out a bit. I so much more enjoy making a few grand on Google in a day than watching bonds slowly spin off an income.

I’ll be the first to admit that what you folks do here is exciting and can be rewarding when the game is fairly played. What the markets are supposed to do is provide everyone a fair opportunity to win or loose equally. And, this is where naïve investors can get into trouble with obscure organizations such as RRGI. To correct what someone alluded to below, the principles do not win and loose equally with investors because the basis in their shares is zero – they gave themselves millions of shares. In the case of RRGI, they issued shares to themselves at .0001 per share. How many shares were investors offered at .0001?

Back on the point of why I staggered upon this site and chose to participate. One of our office staff is a single young woman with a teenage son. Both she and her son love Nascar and what I know about the sport of racing has been gathered through market interests. When Sharla (her real name) approached me about RRGI, I expected to find something different than what I now view as a modern scam using Internet PR and blogs. I am glad she approached me about RRGI before loosing her money (which is what would have happened since she does not trade daily). But on the extreme slight chance that I am wrong, I told her to buy it on the way up when RRGI rockets up to $2 - $4 a share as some have wildly speculated. In the mean time – she will keep her money in eBay and hope that Whitman steps down.

It is unfortunate that with penny stocks, the concept of making money along side of everyone else is seldom followed – and in the case of RRGI, you are left to wade through lots of muck to find the truth. So what do I know today about RRGI vs almost two weeks ago? Well, several things. I now have the contact data (and cel #’s) of the brothers right down to the latest home address. I know what public records exist on them. More importantly, I have confirmed that they have been selling their own shares of RRGI. But don’t take my word for it; this is all attainable information if you know how and who to get it from. Suffice it to say that there has been a substantial amount of sec 144 shares dumped into the market. As everyone is well aware, you don’t dump if you know your product will soon be making large gains in a month, do you? Now before some of you spout off and call me a liar, I have certainly done my DD as you like to say - hence my delayed participation. Call the production company and ask then how many years ago they upgraded to HD equipment. For those unaware, all of the “delays” are necessary because of the monthly limits placed on sale of restricted shares subject to rule 144. Wake up people – that is why there have been constant delays.

Moving on to the current news because I feel compelled to discuss idiocy of the latest RRGI announcement!

I am very amused that even when the track announcement was made below, some of the devout followers of RRGI in this forum were actually excited. I suppose that any news with this pig is something to be excited about! Reality Racing is stating that this epic series will now be held on a track that is about the circumference of the first row seating area around a NFL football field. Guess what? You cannot exceed 100 mph on this 1700 foot long mini track with its 500 foot straight stretch followed by the immediate gear down to schmooze through the near hairpin turns at 45 mph. How exciting will this be to watch at 9:00 AM?

Does this new announcement conform to the hype on the website and banter of the press releases? The website specifically states “Are you ready to chase your dreams at 200 mph?”, leading one to believe that contestants will be racing at high speeds. Is a 1700 foot oval Nascar? NO, it is not. This is a track where the local residents trailer in their home built race cars for some Friday night fun and a weekly beer money. To move to this type of track is yet another sign that RRGI management could not contract with a REAL NASCAR VENUE. Why? Because as I stated almost two weeks ago, Nascar is not open to contest winners. If you are still naïve enough to swallow the RRGI bait and hook, look for me playing at Augusta National this year. I’ll be the one in the green jacket at the end.

Being unable to accomplish what they have originally promised and advertised, RRGI is now operating in a CYA mode. It just might be time for them to update that website unless they really think that a car can do 200 mph laps at the Bronson track every five seconds with drivers tolerating a constant 5-7 g’s!

Just one more thing. Have any of you so-called contestants out there located your $750k prize money? You might do that before you quite your day jobs. Perhaps you can elaborate on that big cancellation clause in this contract? Oh, I almost forgot about the non-disclosure disqualification clause!

Tick Tock Tick Tock… the time is running out on this one. Anyone care to hedge a bet with me that there is going to be another delay?

Bonded1

PS

I am sure SPIKE will be proud to air this from the Bronson track and I can fully understand how difficult it would be to find these race cars:

http://www.bronsonmotorspeedway.com/gallery/album04/040106_1_65_thundercar