I am of a similar opinion as Doghouse.
I have felt for some time that RVGD is the personification of all that is wrong with pink sheet stocks.
I believe that a multitude of outright blatant misrepresentations of fact were made throughout the short but (in retrospect) totally ridiculous lifespan of this little piece of garbage.
It was quite simple to put together a package comprised of the many unfulfilled and unsubstantiated announcements made by the Company as well as the plethora of hollow relationships with companies such as Doug Pelmear's farcical H2PG.
To even begin discussing the "liturgy of ludicrous" that was at the core of RVGD would take more time than I have during this Bears - Seattle halftime, so suffice it to say that there was simply no business substance displayed there and it became easy for the Mobile (AL) County Commissioners to make their decisions.
To assist the Mobile (AL) county commissioners (Merceria Ludgood, Connie Hudson and Mike Dean) with their due diligence, I provided comprehensive factual packages to each including the RVGD releases.
I also came to be interviewed at some length by local Mobile newspaper writer Jeff Amy and learned from him a quite a bit about the local politics at play there, along with an extremely interesting story about Jeff's attempts to verify some of the "facts" that had been provided to the County which proved to be by and large undocumentable (supposed assembly plant locations, manufacturing experience, office location, financial vaguery, etc). Jeff Amy's "reporter's instincts" had apparently led him to certain conclusions which he duly reported.
To some of us, it would seem to be foolish and imprudent to speak to situations that would financially impact ourselves in a negative manner.
To me, quite the opposite call to action is what circumstances such as those surrounding the RVGD fiasco mandate. If there is anything that I can do or say which would keep pink sheet hyenas such as Peter Collorafi et al from any downstream fleecing, then I will do so...... it might not be a "smart" financial decision, but to me it is most assuredly the correct moral and ethical one.
And that's what I believe is still most important to me.....
