JC - Friday is the last day the action could be implemented and paperwork expires. Companies are supposed to give advance notice of splits but try to do it as anonymously as possible and usually less than 24 hrs before action takes effect. This prevents a huge selloff.
There can be no benefit of keeping AS the same when the RS occurs. That is one sure way of seeing .0001 again REAL fast.
I believe that the AS will be reduced, just not proportionately. The company HAS to owe money to someone for something, and the company needs money to move forward. Only other alternative I see is for someone or a company to buy into Revenge. Stock must be available for such a scenario.
Say our parts manufacturer agreed to some sort of deal where Peter gets his needed parts (deal with the Devil?) and opts to buy into the company so many shares on the open market.
We know Pete had a million dollars to play with at one time. Seems to me he got way too much play with that small amount. Some kinda agreement or financing HAD to have taken place.
You have to keep in mind that FActory Five has already done most of the hard work getting the GTM not only accepted as a serious sports vehicle, but one thats developed a following amongst magazine editors despite the identified problems.
The GTM's performance and potential has just awed mag editors and what Peter is offering should be nicely noticible. My guess is that we have gull wing doors on it to boot making it easier to get in and out of.
All Peter had to do is essentially tweak everything to bring it up to supercar standards with workmanship up to par with the finest Italian or Germanmade automobiles.
The FFR GTM in its purest form is a do it yourself streetable race car you can build in your garage from a kit.
The GTM-R must in its purest form be a high performance luxery sportscar with all the amenities money can buy and coveted as a quality custom hand built high performance machine unique to its owner.
If you want anything faster in a production car than the GTM-R, its gonna cost you a half million or more....
