Gerlac68 - Here are the answers to your questions:
1. you said it was a scam, and would never air......FALSE
To correct you, I stated that the insiders were all selling off mass amounts of restricted shares at any price attainable. That is true and continues to be true. I also stated that IF they produced a show at all, it would be a low budget "yawn" (if my memory serves me) produced to cover their back-sides. If you believe that RRGI is a production that investors are proud of, then you have a hard time explaining the drop back to six cents per share.
2. had several runs...highest being .28 which you said would
never happen, would lose money...................FALSE
I advised my secretary to stay clear of RRGI. She is NOT a day trader who spends her day watching stocks. Had she dumped money into RRGI at 19 cents per share, she might have had the opportunity to sell off and make some profit, however, like most all non-traders who have played with RRGI, she would have lost big time. I know many of you are holding RRGI as if it the second comming of Jesus Christ, but your risk factor is extrememly high based upon where things are today. High risk is not something that my sect., a single mom making $36k per year can afford. I was surprised by the interest that RRGI was able to drum up on the filming PR. Many poeple got suckered in which is why many of you, as day traders, did OK. Right Flat?
3. said you would check this company out....yet you got your
secretary to do the DD you claimed as your own...FALSE
I I have the luxury of paying people to do lots of things for me. I don't even book my own travel if you can believe that. Researching stocks and bonds is just like that to me. If I am paying for, and directing what work product is to be produced, it is mine. I am not a public company.
4. claim to sell bonds or some other stuff, yet you portray
yourself as an expert in TV and commercials......FALSE
I stated long ago that I have actually watched the production of several commercials as a major holder of a franchise corporation. I have purchased national airtime both on cable networks and online in excess of $250k per month. I know how it all works.
5. Please tell me why anyone on this board whether old investor or newbie, after reading your posts on this stock, would be swayed by anything you say based on the FALSE statements in your previous posts ?
Because what the RR Players have produced is a heap of crap. And if you cannot see that, you are wearing blinders.
6. BTW, why did you cease posting when the show did go on air and the stock price was up ?
I also stated in my return post a few weeks ago that my brother in law had passed after a sudden illness and I was away attending to family matters (first pp). Perhaps you missed that. I congratulated the day traders of RRGI on what should have been their obvious success of making money on the RRGI PR bounce. Yes, it is too bad for you folks holding RRGI in hopes of burning your mortgages that it was so short lived. Nothing about what I have seen and found leaves me to conclude that I have not yet been proven wrong about RRGI, or those Racing Legends, Lee & Pat.
Hope this has addressed your questions and I will be glad to continue to address more of your inquiries so long as they are respectfully submitted. Now can you or anyone out there address these three questions for me:
A) Where is the $748k remaining prize purse and why is it never mentioned on the show? Many investors based their investment decision on this being a large production worthy of national attention. $750k is pretty damn close to the $1m given to the winner of Survivor.
B) Where is that much needed $60k Pace Car. Seeing a $60k Pace car in front of those mini racers would at least seem appropriate since shareholders paid for it.
C) Where is Al with those Pro-Forma financial statements he promised months ago? I am still wanting to do an analysis between the Pro-forma statements and the actual statements.
Answers to just these three questions will certainly help me to better understand RR.
Stan
