"The spin that gets put on every little word written in our PR’s is becoming ridiculous..."
From the PR...SPIN?
"The contract being processed today will generate approximately $5M in quarterly revenues with forecasted margins of at least 15%. Taking into full account the conversion of any outstanding promissory notes and preferred shares on a fully diluted basis, our quarterly Pro Forma numbers support an estimated .001 earnings per share per quarter, or .004 per share on an annual basis."
Seems pretty cut and dry, full on revs for the company. Course we now know there was a P&D action to buy up the dilution set in motion by the company and CHAD to get rid of "Carnes". But RVGD will be saddled with him for another year at least won't they.
And unless I am mistaken, the deal is now per car, not a set revenue base. No cars sold, no revs. But at least the company has $900k more cash on hand than they told the shareholders they were taking...
SPIN? no one is reading the spin into anything, in fact we all have whiplash from being spun.....Look at the pps...Listen to the complaints.. You really think 1.2bil shares is gonna fix itself in the next month or so...
This is a flipper stock and those flipping 10mil every .0002-.0005 are making the bucks!!