Hi bo-bo26,
Stan is my name and I manage retirement accounts for old blue bloods. I've seen it all in my 40+ years in business. I mainly deal with muni bonds and seldom ever look at pinks but as I stated, an associate is a huge NASCAR fan and has been dabbling in this one and wanted my 2 cents worth. I decided to share my own opinions when this forum was one of the few information sources I could find beyond PR rhetoric.
Unless some real verifiable meat is put on the table, RRGI is on the downward death spiral and should make an impact within a month.
Why are the Schaefer brothers not providing shareholder information on a regular basis and not making formal disclosures? My guess would be that they are operating in a cya mode at this point. Perhaps my instincts are wrong but I doubt it.
What reality show keeps its own contestants uninformed and in the dark? I understand controlling what they can speak about, but not keeping them uninformed. For the contestant who monitors this board, can you tell us where the $750k winner package is banked? Certainly contestants are being given some level of surity before they run off and leave their jobs for months to do all the filming for 15 episodes or whatever it is...
Whenever I research a company and find that there is a lot more to be negative about than positive (especially when researching the players), that is usually a sign that something is wrong. Everything about rrgi looks shady, and I know many respectable used car salesmen.
Whoever dumped 1.4 mil shares yesterday did the right thing in my opinion. Once again, can someone contact the Shady brothers and find out how many shares they started with and how many shares they are holding? There are people who have posted here who claim to know them well enough to request information for the benefit of others who wish to or have already invested. It will be interesting to see what happens at the end of the death spiral should that be what occurs - don't you agree?
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