Cartel Blue Inc (CRTL)

[pitadog]

It is amazing. Peter seems to be grabbing for straws. Rear engine car? Written in a PR?

"I am pleased to announce a proposed Memorandum of Understanding between the Henry County Ohio Revolving loan guarantee fund Committee and Revenge Designs Inc."

Oh, so it is not a loan from Henry County, but a guarantee (it will have lock-up provisions on Peter's assets) Now Peter needs a loan from a bank and, of course, the loan guarantee does help some.
Guarantee for on 5 years on a hard asset? Strange, the loan would be for way more years that that or you can make the payments.

Revenge Designs is close to announcing the joint venture with a leading Auto Manufacturer in the view of supplying a proven crash tested rear engine chassis platform design for the Verde.

Huh? Unreal vagueness. Does sound like more BS.