WeirdHarold: Your participation has my curiousity picqued.
Still here because no one bought my shares at .0004
Here is a post from rvgd website:
"The largest E85 company in America currently has 200 billion gallons of ethanol in storage currently that could be used immediately upon the HP2g engine being in production."
Sounds like they cant give the stuff away. I think the plan is flawed because everything is based on the e-85 angle. So what if you get 110mpg if new is on the way that makes the engine and car obselete?
Theres a tweaker in Cal. who does custom reworks for hummers getting them up to 80MPG on diesel....
In a few years, most folks will be able to plug their cars into an electrical outlet and never buy gas for short commutes.
If poet has that much stockpile, it would pay them to GIVE a million in funding to each, Doug and Peter,and then write it off as R and D.
As for the loan guarantee, 300G's is nothing. A start maybe.
For the towns biz community, they should have offered a GRANT or non-repayable. The money would come back to them as jobs are created and people have mo money to spend.
Makes good sense politically though. Nothing changes the fact we have no real paid employee's not even a marketing person.
So the "rendering" is coming along fine for the Auto shows.
A big poster with a picture? A Verde mock up of paper mache?
No further patent announcements yet, so engine cant be sold.
No new patents awarded...the amount of time this is taking suggests there is something fundamentally wrong with the patent itself, and must be re-worked and re-submitted until awarded or rejected.
Nothing printed or presented by rvgd suggests anything really different about the company is happening. Even the lack of real news is the same.
If Peter actually does have something real on the stove, we may never know, all we know is based on the past, and Peters past actions...again nothing has fundamentally changed except we have no products and or sales to speak of. Even the GTO modding seems to have stopped.
So, nothing much else to do except wait and see or sell and get out. Preferably breaking even or perhaps even a little profit.
I'd welcome Peter selling the Indiana facility to raise the required funding for loan guarantee, so as this latest drama comes to an end, he packs his bags and is shunted off back to the land of "down under". End of story.
