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Wednesday, March 21, 2007 11:42:33 PM
At this point, and in light of Mr. L Schaefer’s recent press release, I would like to see the following:
1) The Pro forma budget disclosing the production expenses
2) The most recent financial statement showing what amount has been raised, what has been spent on production, and how much is left in the kitty to complete a final product. All of those figures should be in there.
If the pro-forma budget was way off, or if the projected funds needed for production were not achieved, it would be grossly negligent at best for RRGI management to purport and schedule a debut date, only to potentially present a watered down cheap version of the show or announce yet another delay.
Either way you cut it, today’s announcement by Mr. Schaefer should have people asking more questions that what were answered. Patience is not a bartering chip in RRGI’s portfolio at this time.
As for the sell off of personal stock, let me say that it is brother(s) as in pleural, along with the other major holders. Al, I am certain that you can get your hands on this data as well but it does take a bit of time to get it. You seem to be close to the Schaefer’s – take the time to ask them. Let me know if they emphatically deny the sell off in which case I will readily prove them to be dishonest by simply disclosing more data. I have given enough information that they could readily verify or deny. If they acknowledge what you deem to be an allegation at this point, there will be no need to further embarrass them, but they need to come clean with investors.
Unlike others here who want to call people slang names and insist that they are acting in a professional manner, I am only here at this point to make the maximum impact in the pursuit of the truth for the benefit of investors who require information to make informed decisions. Chanting Blow Blow somehow does not achieve that goal does it? But then again, it seems to be indicative of the intellect of some contributors to this forum and may be the best they can offer.
Lights, Camera (HD Camera), Action. RRGI better get busy and find the money to produce a damn good TV show.
Stan
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