Replies to post #59310 on Revolutionary Concepts Inc (fka REVO)

[riskreward007]

FYI,

I've read the REVO suspension document (below) and it says that there are QUESTIONS regarding REVO, not PROOF of anything at this point.

So until the QUESTIONS are resolved by the SEC, your posts are still just OPINIONS!

There are questions regarding the accuracy and completeness of REVO's
public assertions relating to, among other things:

(1) REVO's license of certain patents to Eyetalk365, LLC ("Eyetalk"), including a $900,000 "in consideration" fee paid by Eyetalk to REVO and related net income received by REVO;

(2) a line of credit of up to $10 million obtained by REVO's wholly-owned subsidiary, Greenwood Finance Group, LLC ("Greenwood");

(3) Greenwood's ownership of $7 million of promissory notes, and interest payments made to
Greenwood in connection with such promissory notes with a projected possible cash value
exceeding $1 million; and (4) REVO's possible plans to issue dividends and buy back shares of
its 2common stock. In addition, REVO currently is delinquent in filing its Form 10-K annual report
for its fiscal year ended December 31, 2014, and its Form 10-Q quarterly report for its first quarter
ended March 31, 2015.

[Notimpressed]

Now that is great advise; EG Questions about STOCK Repurchase Program/ Miss leading investors?
Current Report Filing (8-k)
Date : 10/14/2014 @ 10:58AM
Source : Edgar (US Regulatory)
Stock : Revolutionary Concepts Inc. (PL) (REVO)
Quote : 0.0038 0.0 (0.00%) @ 2:05AM
Current Report Filing (8-k)......Item 8.01 Other Events

Revolutionary Concepts Share Repurchase Program and Direct Share Buyback

On October 10, 2014, Revolutionary Concepts Inc.’s (“the Company”), Board of Directors authorized a share repurchase program (the “Share Repurchase Program”), pursuant to which the Company may, from time to time, purchase up to 140,306,965 shares of its common stock, for an aggregate repurchase price of up to $7 million and is subject to change based on the market conditions at the time of planned purchases.

Share repurchases may be executed through various means, including, without limitation, open market transactions, privately negotiated transactions or tender offers. The Share Repurchase Program does not have an expiration date and does not obligate the Company to purchase any shares under the share repurchase program. The authorization for the Share Repurchase Program may be terminated, increased or decreased by the Company’s Board of Directors at any time.
................. When something is ASSUMED to be INVESTIGATED and this type of oversight is OBVIOUS and UNEXCUSABLE The INVESTIGATION Lacks TOTAL Acceptance or MERIT.......I love a GOOD FIGHT !!!! P.S I am not fighting ANYone but the SEC. THIS AIN'T OVER !!!! (if you stop after the first paragraph that could be Miss leading, Then go to paragraph 2 to know what Paul Harvey meant when he said "And now you know the REST OF THE STORY) This is not simple oversight, THIS IS EVIDENCE of "LACK of INVESTIGATION and EVIDENCE"