GTM FANS AND RVGD LONGS...what exciting times we live in eh? RVGD to implement the RS as filed for THIS WEEK or let the filing expire...
- Will Peter keep his word to shareholders and implement a proportional RS? Or will he simply wipe long time company shareholders off the map to wash rinse and repeat? Well this weeks action will tell if we're still in the game or not come the GTM. Have to keep an eye n otcbb.com for the announcement.
If the RS is proportional leaving us with an AS of only 2.5 million shares, does Peter have news of sales in the millions of dollars? Will our currently priced shares at .0002 soar to a dollar or more over the next month?
Just who IS IT that will be the proud owner of Revenge Designs very first OEM GTM-R Serial number #0001? Who will be amoung the first TEN?
Will Peter pull a rabbit out of the air and announce alternate financing?
Will the ghost of Elvis be attending the Detroit Auto Show? I don't know but Im willing to bet that oversea's buyers that specialize in high end sports cars will be their to check out the new vehicles.
With less than 2 dozen custom hand built GTM kit cars on the road today worldwide, these GTM-R's may be able to boast the most exclusive car owners club in the world.
Going up against the worlds most popular and favorite supercars - Porche, Ferrari, Lamborghini and others, this newcomer to the automotive world has their work cut out for them.
How will they fair when the editors from car magazines pit the GTM-R against todays established supercars in a shoot-out? Does the GTM-R have what it takes to be truly accepted into supercar stardom?
Well folks its still one day at a time and we will first have to see what this week brings to our little online drama. Have RVGD long timers boght a goldmine or simply got the shaft?
If not for the highly unusual move by Collorafi late last week of a letter to the ihub investment community stating a proportional RS (AS and OS) most longs would have agreed the game was over and sold out before being wiped out.
Nonetheless whether true or not there is little for the small individual investor to do at this time or anytime for the matter. Having already experienced more than one RS this year, this poster has to wonder if the odds of finding an honest CEO are worse than expecting to get rich in Vegas on the crap table....
My two cents and contribution to todays entertainment LOL.
P.
BTW - if Peter does a proportional RS like he said,it could make buying shares right now real cheap. Especially if the market puts a value of say five million on rvgd after the debut and following publicity (if its good).
But....if he screws us over by keeping AS the same buying shares now is like throwing money away.
Performing the intended split on Friday would make sense. Monday being the international press conference. Fun to see what would happen to pps if entire OS is turned over five to ten times over the next two to four months (or weeks?).
The AS must be reduced substantially for the RS to be worth anything at all. I dont believe it will be proportional as Peter says but end up at 7M as Stockprofiler?? stated earlier.
If so the AS is what 7.67M or something close to that and OS would be 2M. Not great but we would still be the game and a decent pps possible even fully diluted.
R debut in Detroit NEXT week!
- Will Peter refile to amend the AS as it stands?
AI
