Cartel Blue Inc (CRTL)

[dmerc]

The RVGD story, Amazing! They are "supposedly" building a new plant in Van Wert,Oh. I live about 30 miles away, but grew up in Van Wert.

http://timesbulletin.com/main.asp?Search=1&ArticleID=152509&SectionID=2&SubSectionID=4&S=1

Spent a lot of time in Decatur,In as well....it's not far from VW, just across the Oh/In border.

Apparently, Revenge is somehow in with Lingenfelter's Racing,in Decatur, or so I was told? Altho' after Lingenfelter was tragicly killed, I hadn't heard anything else about his business.

I honestly don't know WHAT to think about this whole deal. A friend at work that races regularly, knows Pelmear, says he's an auto engine guru!! Yet, after he talked with him about all this, he sounded skeptical, and (jokingly ?) said he'd be surprised if someone didn't end up in prison!

As for financing, no doubt the City will give tax abatements, BUT, I've been told Local and State turned him down for financing, and that they were applying for govt. stimulus money. That, was for RVGD.....now, for Pelmear, I have no idea where his financing came, or is coming, from.

http://toledoblade.com/apps/pbcs.dll/article?AID=/20090530/BUSINESS03/905300338


I considered buying some of this, mostly because it's a hometown story, but 110mpg is so far fetched to me....I just can't force myself to believe it....I've tried, I really have!! ;o) I'd be much more inclined to invest in Pelmear's Co, if it was publicly traded.

GLTA, for now, I just watch the volume!!

BTW, I personally think the Verde is f'ugly!