LOL, it would be a nice fit for Penske. I'd like to see $15M so I could at least breakeven on my 14 month investment. Hahahaha
Seriously, I've been hoping the the R/S also includes a R/M. As you posted, additional capital will no doubt be required to get into the production phase of the GTM and money HAS to come from somewhere. It may be the only way that loyal, long time shareholders benefit.
On another note, in the email to Mr. Barnwell, Peter stated something to the effect, "A not time is it my intention to hurt ANY investor" but then says, "Constant threats by I-hub moderators hurts not only the company but many new investors across the world."
I like the first part, but I sure don't care about any new shareholders getting hurt. Peter's first responsibility is to the current stockholders...the noobs will probably do just fine anyway. And, if they don't, they can join our little club of bigtime losers. Thanks for all you do and if I can help in some way please don't hesitate to call on me.
"It's my money and I need it now!" lol
Thanks to Ciro for the link!!!!!!!!!!!!!!!!!!!!!!!!
Penske doesn't own Smart, only the distribution rights for the US. Diamler still own the car and does the manufacturing. I could be wrong but think this is the case.