Reality Racing Inc (RRGI)

[Lastdeal]

Flatsixer. Its a perfect example of shoulda, woulda, coulda. My first impression was this was a typical reverse merger acquisition that will result in the shareholder investing with large hopes and the principals laughing all the way to the bank. It was pretty transparent. The drop in share price was pretty indicative of pump and dump. So before I put too much money in this thing, I checked it out personally and was convinced these guys were serious and the part about 7 million shares sucked me in. Mr. Schaeffer himself, told me that. He just forgot to tell me there were 393 million behind that(potentially). For a long time the exact number was not published. By the time I did my DD on it, I was already invested. Nobody's fault except mine. I still say that had they kept the outstanding shares down to maybe 10-15 million we would see a completely different scenario with the stock. But it became apparent to me that these guys are not finance guys, they are hustlers. (meaning they work hard for their money) They needed a real finance guy to help them on trending the value of the stock. They do not have a real finance guy. I only lost about 15-20K. I haven't counted it up yet. But I broke every investment rule in the book so if I made money it would have been purely luck. However, had I not been lied to, I would have made money.
P. S. I was told that cars were not a problem and they could have them within two weeks. I didn't know they were talking about Go-Karts.