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Saturday, March 10, 2012 5:33:37 AM
By Ken Dopierala8. March 2012 17:21
Today RTGV announced that they would be increasing their Available Shares to 750 million on the advice of their professional advisors. According to the PR this action was necessary due to "some recent and very positive events".
These events include the growing certainty of a merger/acquisition that has been in the works for some time as well as the board members being willing to accept stock instead of cash for their salaries.
While RTGV continues to be very active and transparent in reporting and executing their 2012 business plan the reaction to today's PR was less than stellar. Many novice investors and day traders hoping for a quick buck expressed their outrage at the prospect of watching the company grow in a solid and steady manner. Other showed their ignorance on the Investor's Hub web site by posting comments that made it obvious they had read nothing more than the PRs headline.
RTG Ventures was no worse for wear after the barrage of toxic rhetoric as the company sports a tight group of long term investors that act as an anchor and voice of reason on the public forums.
While the pink sheets is always a higher risk than the other markets, RTGV is showing that it has the discipline and business acumen to reward investors in 2012 for their patience.
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