Beneficial RS? I have been thinking if there is such a thing but what if everything was simply temporarily rolled back 10 for one? AS 250M OS 200M
post RS pss would consolidate to .001 giving company same market cap of 200,000
Our building and assets should be at least a half mil, and Peter has indicated some nice forward sales (enough to more than cover cost of tooling and manufacturing).
If Peter can get the market to assign a value of at least one or two million to the company in immediate sales (over next few months) and assets then we stand to make some real gains in pps and potentially in a very short time.
MORE IMPORTANTLY - Peter would establish himself as a CEO against raping shareholders and appear to be a FAIRLY safe investment as far as pinks go - trusting him to act in the BEST interests of shareholders.
I would rather throw money at a CEO you can trust with only a mediocre product, rather than a known scammer with a really HOT product.
Its a brutal market right now and no guarantees of success. bdrr with an OS of under 200M recently filed for AS increase to 600M with the intent of aquisition(s). Set to report financials in excess of 3M sales anytime the pps is in the toilet and seems to want to stay there until financials actually come out.
One thing is for sure though - if Pete kills off his loyal longs with a brutal RS he will have a tough time selling shares.
Regarding F5.....the F5 update stated that the CEO gave up his salary in order to keep a welder on the production floor. IS IT POSSIBLE Pete paid for the three kits in shares, and those shares were recently liquidated for operating monies?
Hope should never be an investment strategy but here we are, waiting and hoping not for profit, but just to be not wiped out.
I dont know about you but was hoping RVGD would give me a very merry Xmas after such a lonnnnnnnng wait.
Good luck to all, hope we survive this.
P.
