InvestorsHub Logo
Followers 572
Posts 14186
Boards Moderated 0
Alias Born 03/25/2005

Re: NioStar post# 76019

Friday, 06/22/2012 2:26:06 PM

Friday, June 22, 2012 2:26:06 PM

Post# of 353116
NioStar; So tell us what happens if they happen to get this paltry $95K Convertible Debt "PAID OFF"?

Then what?

Are you saying that "They Will Still Raise the A/S Anyways"? If they get NON-Convertible, NON-Toxic Financing, and start bringing in Revenue, are you saying they are going to Keep issuing shares to pay the bills, keep the Dilution Going anyways?

I know they have a bad track record in the past, but remember that when it comes to Stocks, the Past in NOT a Predictor of the Future.

When it comes to Known "Pump & Dump" Companies well sure then we can predict with relatively success that a Pump & Dump company will continue to repeat itself, But is RTGV a known Pump & Dump outfit? Just because they have issued shares to pay the bills doesn't make them a Pump & Dump company.

If the RTGV Board has "Learned from their Past Mistakes" (which we all hope is the case) and they have a business plan that will Truly Work this time, then in fact this might really get off the ground and Lift-Off. You Cannot say for certain that Your Prediction is 100% correct. I'd say your prediction is a 50/50 Guesstimate, and if you're wrong this time, and they do get this off the ground, and RTGV does run-up into Pennyland, theres going to be alot of people very happy they DID NOT Listen to you.

In my opinion, it is considerably arrogant of people who are making a 50/50 guesstimate on the future of a company to say that their prediction is 100% correct, when the fact is you "Really Don't Know For Certain" You're basically "Guessing" Based on the Past Performance of the Company, which is not a determining factor on the future (unless RTGV was a known P&D of which they are not).