Cartel Blue Inc (CRTL)

[cwynn]

Going way back, I seemed to recall that the ceo has the only voting shares. I did a brief Google and retrieved the following, which mentions "additional voting preferred shares" so that he may maintain control. The number of shares under discussion would not have given him numeric control, which leads me to consider that they may be a special voting class. This also mentions the $80 million dollar contract, earnings projections and a non bumpy highway and screaming to the finish line.

I'll say this for him, he sure called it about the screaming, didn't he.....!!!

***********************************************

DECATUR, IN, Feb 06 (MARKET WIRE) --
Revenge Designs, Inc. (PINKSHEETS: RVGD), a specialty car designer and production assembler, announced today that it will begin receiving Honda Ridgelines on February 12th, 2008 for conversions. Pictures of the new Honda Ridgelines will be available shortly thereafter.

Peter Collorafi, Revenge Designs President and CEO, stated , stated, "This is a major development for us and will allow us to begin generating steady revenues. Combined with our recently announced $80M contract, the Company is now in a very
strong position and enjoying great growth."

The Company recently approved the conversion of one of its promissory notes. The total number of shares to be outstanding after conversion of all promissory notes and preferred will be approximately 977M shares. Currently there are 578,281,035 shares outstanding and 45,794,064 shares restricted. The Company
also issued additional voting preferred to Mr. Collorafi to maintain majority control of the Company. To accommodate the increase the Company recently raised its authorized shares to 1.5B.

Peter Collorafi, Revenge Designs President and CEO, further stated, "The conversions of the promissory notes will be the last step in movingforwar dafter our merger. Our earnings predication from our last press release included the conversion of all the outstanding notes and preferred. With the addition
of the Honda Ridgeline to our product line we anticipate to beat our previous earnings estimates. It has been a bumpy ride but soon we will be on the highway screaming to the finish line."