Momentum Players

[Pennimon]

Thats partly what makes this play interesting. Carnes screwed up and Sec has him for selling 7M worth of unregistered stocks and causing pps dive by dumping. For rvgd that comes to about 1.25B. shares. SEC docs named 47% of AS.

rvgd investors are named as the damaged parties and there is possible "disgorgement" of funds. Scotttrade claims DTC has put a "chill" on rvgd but is being traded by all other brokers.

Dont think rvgd will or can RS or dilute until things resolved. This will happen after the cars debut in Dec.

Also, Poet Energy has alliance with both H2pg and rvgd and some big automaker from detroit area - hoping for details.

GLTY - P.