You should be pissed because one thing is certain - the management of this company, through intent or neglect, has allowed your substantial investment to plummet.
Unfortunately, I have been shelling out time and money of my own to research RRGI and have put together a nice little portfolio on this debacle. Based upon the inaccurate information purported by RRGI, I am of the opinion that the actions of the management team have been mostly on the intentional side and not the negligent side of the fence.
Recently, I made posts to this board which directly led to a strong possibility that some very active persons on this board may actually be insiders. One frequent poster on this board acknowledged that he was a resident of the same small town as the RRGI President Lee Schaefer. Subsequently, this same person was later potentially ID'd as RRGI board member Glen Allen.
Unfortunately, several of my posts that raised this legitimate issue and in no way violated the posting rules of this forum have been deleted by the moderator. I have petitioned the owners of Investorshub to re-instate my posts and to caution the moderator against selective deletion of non-violating posts. We will see if this post lasts or if it too is deleted without cause.
For those who are unaware of the official lineup of RRGI, here is a nice PDF file that should interest you:
We all know about the brothers, so here are some additional facts on others mentioned in the above file:
Mr. Skip Fredericks is the "would be" producer of RRGI and in other documentation I have, he has consistently promoted his ownership and use of HD cameras, recording, and editing equipment for over two years! Those advertisements would seem to contradict one of the recent claims from RRGI that additional delays were needed to acquire HD cameras. I suppose that Skippy's cameras could have all been worn out over the past two years of heavy use, or perhaps they were all somehow damaged or recently lost.
Glen Allen is the likely supplier of prop cars that have been used by RRGI. It appears that his facility is location where Mr. Schaefer attempts to gracefully balance himself on a stool for the website clip. Mr. Allen is also on the board, and a shareholder of restricted stock as you can see in the above filing. He is also the liaison into the professional driver personalities who have been compensated for their RRGI appearances (at least one acknowledges to have been paid).
The "Audited" financials that have been praised repeatedly as the second coming of Jesus Christ have been prepared by another major shareholder of RRGI. It just might be a conflict of interest to provide the “audited” financials for company in which you have been given four million shares of stock. For quick reference, that would be Mr. Craig Leitner.
Well that should be enough for now to keep the "put up or shut ups" at bay for a bit. I am actually pretty exhausted from playing golf over the past two days in beautiful San Diego. I'm catching a flight back home in the afternoon and by the time I get a chance to view this board again, I am certain that I will have been called all kinds of names and told that I have no "proof" of what has and is occurring. More to come later...