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Wednesday, October 10, 2012 4:20:20 PM
I know dam well that there was a massive short on RTGV from a year ago, and from early this year, as well as some in the springtime, I have not seen any real evidence of any short-covering on that "unreported short position", unreported because it was "shorted against the box" (short selling in lieu of convertible debentures). Bottom line; This may be the first evidence of short-covering that we have seen since it began? This is just my opinion, but it very well could be what is happening?
I mean hey, I totally agree with Threeflight concerning Linda Perry and the rest of the board, if she truly believes that this Ihub trading forum has any bearing on the share price, then she is Incompetent to be the CEO of a Publicly traded company.
When it comes to the share price of even Penny & Sub-Penny companies, the Bottom-Line is "REVENUE, REVENUE, REVENUE"! Where is it? Where is any Revenue being generated for RTG Ventures at all? Because I don't see any evidence of any revenue being generated here? What good is acquiring Brand-E if there is no revs being produced?
I mean Geeesh, what is the Business Plan of this Company in the first place when it comes to Revenue being Generated from anywhere other than "ISSUING STOCK"? They have PR'd several business plans but have not followed through on anything yet that is evident? Am I wrong to say this? I don't think so, but if I am would someone please point out where any revs are being generated?
As far as the walkdown in shareprice, the only people that would possibly benefit financially from this is a short that needs to be covered, and if they are truly going to follow through with the Name/Symbol change like they PR'd, the short MUST be covered prior to this, (another possible reason for the moratorium PR).
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