What is stupid? Believing that folks wouldnt mind a pic of current GTM status? Believing that just because someone took a picture of the building and or a truck and trailer that it caused the delay of production prototype?
What is stupid is believing that large holders wont take a profit when it presents itself, allowing them to ride free shares? These will be run killing sales. Many millions to get a rise in pps, only a few million to bring it down. .0006 represents a 200% profit....
Or believing that Peter WILL ALLOW you into the shop to take pictures?
OR...perhaps that we have enough money to pay for all the work done prototyping and manufacturing the new parts for 250 cars in 2009, or that all of our money is still there to pay for the new building addition?
If anybody thinks someone taking pictures of the building or company transport vehicles is cause enough to delay finish date for the prototype GTM then it is an acknowledgement that deeper problems exist.
Its not rocket science to figure out when the GTM release happens, the pps from current levels should double as new investors on the sidelines come in. Any experianced pinky player will take profits and ride freebies or acquire more on a 50% decline in pps.
Its not rocket science to figure out if Peter was selling the hell out of Ridgeline kits, GTO kits, or Solstice kits, he could tell us about it. The truth is/could be that it was an exercise to prove to the manufacturers that indeed Revenge was up to the job and capable. Whether or not Peter can get it done in time to make upgrades relevent (like in the current year).
We all know the companies success in hinged on the success of the GTM. Thats a fifty fifty deal. To make matters worse, there is a definite reluctance for someone to purchase a quality built kit GTM and plunk down over 80G's for it.
Myriad problems plague the GTM kit cars. Make no mistake, if Peter cannot destinguish our GTM from the Factory Five kit, then people will buy the kit and have it built for them.
Lastly, further dilution is unavoidable unless we are cash rich...
I might have a different outlook if we were kept informed and knew we were currently doing enough biz not to burn cash, and pretended that new parts prototyping testing and redesigning, manufacturing carried no cost. Or that a boatload of money was not needed to start producing.
Kansas city shuffle does not work on me. With no sales to speak of, we are left to look to the assets of the company and our CEO for value. Has he delivered? Granted we have body kits for this and that but where the heck are the sales or sign of success in these time consuming financial endeavors?
HOPE should not be an investment strategy, but here we are...and tax loss selling time is approaching. If Peter is able to follow through on things, allow investors to make informed decisions, and come up with an F5 signed off prototype, then we have a good chance.
Events seem to boil down to what decisions Peter makes from here, and the conclusion we come to about him and the future. Not much else to go on.
