ZGoldies: there is a lot of both good and bad things about both Peter and the company, and as fast as things have been happening at RVGD (one year old company)it would not surprise that things have changed in light of the recent auto industry crap.
That most pinky company released forward looking pr's come to pass as printed is just not true in most cases.
Even the dilution and looming RS is common - everywhere and every company almost.
In the end though, it does not look to me like we have any kind of partnership existing with Factory Five, or any that FFR or Revenge is willing to comment on at this time. Nor it seems do we have a partner in the wings ($$$$)and my guess is that short term financing in lieu of shares sales has not happened.
An RS right now would completely alienate the company to most retail investment, something the current volume reflects. IMHO the worst mistake the company will ever make will be to alienate the current investor base it STILL has. Who else is gonna buy the stock?
Not that folks wouldn't find out on their own but there was probly enuff folks going out of their way to post on other boards about it.
Perhaps Peter will realize he NEEDS the little investor guys and gals like us. Just a feeling but think Peter is gonna try and make a go of it - just on sales alone. RVGD is still not clear of Carnes until the preferred share conversion is completed.
Ya gotta hand it to Peter though they he HAS managed to survive Carnes this far, and thats more than some of the companies he has previously dealt with.
How Peter has almost single handedly managed to get this far with no real money to speak of IS an accomplishment and if it doesnt destroy his shareholders should be something that he can be proud of.
A loyal pinky shareholder is merely an unfortunate individal who is as (or more) emotionally invested as he is financially invested. No one should ever INVEST in a pinky, just speculate on them.
GLTA-P.
