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RV Guy

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RV Guy

Re: HOLD4STEAK post# 2362

Wednesday, 05/11/2011 11:35:01 AM

Wednesday, May 11, 2011 11:35:01 AM

Post# of 2392
Yes, they still own 39% of Via Motors.

This is where they showed their true colors. IMO they sold off this portion of the company knowing what may come down (BK). This technology is the main reason I bought RZ shares, not the Geothermal side. This was a move to protect themselves IMO.

Via Motors will be very successful in a few years and RZ took that away from their shareholders proving once again they are in no way concerned with shareholder value IMO.

What happens during a BK is all up in the air. This includes the 39% ownership of Via Motors. Carl Burg will definitely make out on this deal IMO.
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