Replies to post #49464 on Cartel Blue Inc (CRTL)

[maronti1]

There is more to the story that will unfold when the time is right. I think shareholders
will be excited about some of the upcoming developments


please..all HURRAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[CaptainJim]

He sounds like a real "ARTIST" at spiining

More and More shares, etc , etc, etc

Soon well we need 2 billion, never know , we ma need to buy some Gasoline

[vantillian]

Good stuff!

[mlb4nd]

carrega: I think this part is good- "....Company raised its
financing from 20M to about 100M shares. This will allow them to have sufficient
capital to ramp up for the $80M contract as well as add 20,000 S/F to the facility."
Sounds to me like they need to start that expansion asap. Did he (Chad) give any timeframe when they would start adding on? Maybe cajunrich has some info on this.

[c-redd]

Maybe I'm wrong...but didn't Chad contradict himself in this e-mail.

"After speaking with the CEO it is my opinion that both the notes and financing are
almost complete now if not totally considering today’s volume. The second note and
the Preferred have not been signed off on and I do not see them being an issue anytime
soon."

How is the second note almost done if it was never signed off on? Someone please correct me if I am wrong.

[fordgonracn]

you have to love the transparency from RVGD! could have just let us assum the extra shares were from the 2nd P note but instead they give us the HARD facts( money for the 20k sq.foot addition had to come from somewhere so this should not be that much of a surprise IMO) we now have varified that the pixs of the car ARE the $80m contract. And news that we won't have to deal with the 2nd P Note in the short-term is also very possitive IMO

[Lurker from Mars]

The Company took advantage of the liquidity.....thx would have been nicer if it did so at .04....

[Truufinator]

So an extra 80 million shares are being dumped and the second note was NEVER being converted right now??? So why did the price go down so much if the second note wasnt being dumped?? Retail?? He said the first note was done right? To me this doesnt sound good.

[rnmenterprises]

guess that answers last night's questions...

the sneak peak was given on the car associated with the 80 mill contract...

we don't have to LIKE the product (meaning it's not a big name manu.), but you DO have to LOVE the 80 mill, right?
dollars are dollars, and they all spend the same...

[power_forward]

CHAD: "Additional financing will put us over 1 Billion Shares", now how is that going to help the pps? Its already struggling mightily as it is, and with 687 million shares

[power_forward]

The downward spiral of the pps is directly because of the relentless dilution,and Chad is downplaying this--and Why be so vague on this mysterious financing?

[power_forward]

First, Chad says 504 is done,and that was weeks ago and the O/S grew big to 383 mil shares--504 done but then there's that pesky promissory note--oops--and the O/S skyrockets to 687 million--and then Chad says well it'll be 977 million fully diluted and then Chad says oops, we have to add another 80 million shares for something else--

[kermit42]

It seems to me now that the big question is whether that extra 80 million shares is already sold or is still to come (the email is ambiguous on that point). It is the difference between a shrug of the shoulders and a run for the exits.

Posted by: carrega
In reply to: invisiblegun who wrote msg# 49394 Date:2/16/2008 10:59:00 AM
Post #of 50079

Here is a response I got from Chad last night;



We posted the new O/S in the last PR. I also was informed the Company raised its financing from 20M to about 100M shares. This will allow them to have sufficient capital to ramp up for the $80M contract as well as add 20,000 S/F to the facility. A sneak peak of the car associated with the contract was in today’s PR as well. After speaking with the CEO it is my opinion that both the notes and financing are
almost complete now if not totally considering today’s volume. The second note and the Preferred have not been signed off on and I do not see them being an issue anytime
soon. The Company took advantage of the liquidity and raised well over $200,000 which will be used to strengthen the balance sheet. This additional financing could
push us slightly over 1B shares however we are still well within our pro forma predictions. There is more to the story that will unfold when the time is right. I think shareholders
will be excited about some of the upcoming developments.