Wednesday, April 18, 2012 8:21:59 AM
That makes me laugh....
read again from Davidam, IR person for RTGV:
The company clearly stated in a pr a couple months that toxic note was in hand and they bought 6 months. They stated friendly funding was in place. Which in itself is a huge accomplishment as funding when your stock is this low has nasty terms . Now we have to get things turned around with the time given. Once again they are fully reporting and a new filing is coming soon. This stock needs some strong buying. No doubt it has issues. Issues I believe the new company will address. But there is work to do and things take a little time. Those that claim restricted preferred shares are being sold are wrong. They require a 144 filing. I have not seen one
Those spreading rumors around that the conversion of those same shares can take place lower than 0,016 are wrong as the contents of pr will be detailed in the Q hopefully in laymen's terms for those that just don't want to believe what they are reading. I found it quite clear I am shocked at all the mis info on that topic.
AND:
One more for me. There is a filing on it. Reggie's deal which was in the PR is in several filings dating back over a year and a half ago and moving forward. Linda selling her debt to raise equity is in the 10k's and subsequent filings. Now Neils deal based on same formula will be in next filing. So I do not agree nothing was in filings
However I understand the stigma is this arena that has been hit with many many scams. People do not want to believe what they read and always think there is a trick. For good reason . So I have some understanding where it comes from
These pennies no matter how good it looks are risky investments that have the potential of massive gains or total loss. Play with what you can afford to lose do ones DD and read all filings several times.
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