Let's look at some issues:
First of all, there was never any "hire". The CONNECT E.I.R. stands for "Entrepreneur In Residence", it's a networking group that's free, see below:
"The CONNECT Springboard| E.I.R Program is fortunate to draw upon a pool of highly-qualified individuals who volunteer their time to serve as Springboard Entrepreneurs in Residence. Entrepreneurs in Residence are invited to serve based upon their experience in raising venture capital and growing successful companies.
Currently CONNECT has close to 100 EIRs volunteering their time and expertise towards the Springboard program."
So there has been no "hire". Somebody's volunteering some of their free time (and maybe hoping).
Secondly, the entire concept of "Royalty Dividends" is totally subjective as well as typically RVGD quality "vague to the utmost" and clearly begs the fundamental questions and obviously failed challenges that have plagued the RVGD exercise in general since its inception.
Nobody has any idea about how much a "dividend royalty" (if one ever happens) might be, period.
Further, such a "Royalty Dividend" would obviously be paid to the Company that is doing the design, NOT TO THE SHAREHOLDERS. The shareholders didn't do any designing, the Company that they've funded the past seevral years did.
When (and if) any sum of money were to flow to RVGD, any payout (again, if any) to the shareholders would be, of course, at Peter's sole discretion. He will be fully within his rights to keep every red cent of anything collected within the coffers of the Company in perpetuity if he so desires, attributing it to R & D, related design cost offsets, additional staffing, expanded studios, equipment purchases, any variety of other capital or facility expenditures he deems appropriate and, of course, raises and bonuses also solely as he determines.
In short, he can do whatever he wants and, due to never once financially reported squat (because RVGD is non-reporting.... his shareholders "trust" him) or ever once providing absolutely any financial information whatsoever in the entirety of his Revenge past history, would have no reason to start now, why should he, after all?
To summarize.... any idea of what might be going to happen here of a positive nature, (so far, it's just one more engorged number after another pulled out of thin air that's being bandied about, along with the 4,000 Blade number), is completely without objective or discernible basis or value, and the long suffering shareholders here yet again are being asked to trust Peter Coloraffi to deliver. Right...... Sure Thing!
Like the 1,000 GTO's
Like the $80,000,000 contract
Like the new building
Like the scads of GTM-R's that were being ordered at the 1st shows
Like the "Magic Motor" installation centers
Like the "Verde" itself (well, except for drivetrain or interior, that is)
Like all of the other promises that have been made on this three year parade to zero revenues and abject shareholder devastation.
Those who do not learn from history are destined to repeat its mistakes.
Revenge is and was (and by now has comprehensively proven itself to be time and time again) just such a mistake, simple stuff.
And all wide-eyed self-deluding lemmings should line up over there at the edge, peer into the deep abyss of lost shareholder value and keep smiling, because Peter is going to start doing the right thing real soon.... it was in a press release, so it must be true, right!...... Jump at will.
Peter loves you, and his new Company does too........!
