Friday, April 24, 2009 2:54:38 PM
FYI - I do not recant my former criticizms of Peter and lack of transparancy. I do however now understand his past actions (and inactions - building new facility). With the potential deal of the century in the works his past silence now makes perfect sense.
I believe the deal Peter signed is every bit a valuable commodity to the automotive industry as the Holy Grail is to the Catholic church.
We have the rights to build the worlds first genuine 100mpg production vehicle. The way I figure it is that position is very enviable to ANY automotive manufacturer facing possible bankruptsy.
IMHO that makes us a very good friendly takeover candidate. It also does not hurt that GM is looking very hard at this tech. and also has a working relationship with rvgd. (Remember GM helped PEter with NAIS display). That Peter had an existing relationship (and advantage)with Doug did not hurt either....
Maybe Pontiac will come out with a new screaming chicken with rvgd supplying the power plants? Bankruptsy is looming for the big three...
Yeah, a lotto play for sure. But, I already have a ticket or two to play. Cant win if you dont play.
P.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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