Go RVGD and Peter! Finally, an indication that things are moving forward. Mo money needed or wanted. Number one failure of start ups is undercapitalization!
OEM parts manufacturing - does everyone think that designing and prototyping comes free? How about OEM parts INVENTORY?
What about the IR firm we just let go? Do you think they did all the work for free? No. Did they work for shares - no.
Could we presently afford them? No.
The architech, does he work for free? The revisions free?
What about our future GTM dealers? The ones we are building and have built, as stated are for promotional purposes. Are they to be built with IMAGINARY EOM parts? The three GTMS alone probly cost almost a quarter mil.
Go to the FF5 site and take a look at the parts list for stuff you have to buy in addition to the kit. Read up on HOW MANY HOURS GOES INTO A GTM BUILD. - We are building THREE of them. Try 1500 - 2000 man hours apiece. Do the mechanics, technicians all work for free?
Think its unreasonable for potential dealers to want a GTM for their showroom(s)? Maybe even want one to have in stock?
Think we might need parts in stock and to buy and build the GTMS that go to the dealers?.
Things cost money folks....sad but true. And yes, new additional staff will be needed once we go into full production. Seems Honda dealers have given the go-ahead.
Other: hey 2008 is half way done. Peter has proved to Pontiac and Honda that he is up to the task now the work must be done to get the 2009 Ridgeline happening and the 2009 G8.
The new pr...did no one catch that we may have a NEW client and another Revenge vehicle to do, and that Peter is hiring someone to help him? Or that we are only now ready for a MARKET AWARENESS campaign?
The company is only eight months old and a start up at that with a green CEO. Many people on this board act like its their first stock investment and dont know what pinkies are about or common mistakes of green CEO's.
The GTM is a kit car an everyday fella can build if he has about 50 G's, all the proper skills tools and workshop and most of all time - about 1500 - 2000 hours worth. What you end up with is a kit car with used parts and no warranty or guarentee.
What we are doing and what we will be offering is a whole lot different, and for a comparable price to a do-it yourself kit with questionable workmanship and resale value.
The parts on our machines WILL NOT be available anywhere else with all new parts custom designed and tested for optimal performance.
The "base"REVENGE GTM can be had for 60 - 80 G's. So regarding the GTM kit car and finished costs, does it not make more sense to buy the Revenge GTM? Especially since it will most likely come with a new car warranty?
The base price for a vehicle from THE competition starts at 130G's. www.brandnewmusclecar.com
Sell sell sell if you want to and good luck to you. You may temporarily drive pps down (one tick)and a few here will be waiting to buy them at the bottom which is about where the pps is now anyway.
When the market awareness thing kicks in, we will attract a whole new set of investors with no baggage or beyotching.
So I've had my say. Now to read all the flames surely to follow this post. BTW Im averaged in at .001 and down 60% myself and at .0002 will be down 80%.
Yes, I will BUY some more just as soon as you guys will dump at .0003 or .0002
2.5 fully diluted @ .0002 is 500G market cap
2.5 " " @ .0004 is 1M market cap
2.5 " " @ .001 is 2.5 M market cap.
I hope that I will be able to add at .0002 but doubt that it will happen. Be nice though - so sell sell sell. A new pr campaign and new money coming in, future looks sweet and a pps above .001 - 002 very possible from here.
Just watched a video of worlds fastest production car (twin turbo Viper)in the standing mile at 232mph.
I hope one of our promotion GTMS is a twin turbo (or LPE turbocharged) to beat that, driven by Car and Driver or hot rod magazine editor!
Anyhow, looking forward to the next couple of months!
P.
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