Replies to post #102394 on Cartel Blue Inc (CRTL)

[JC$]

Something to think about. This is a rough estimate and not actual numbers but, seems about right to me.
In the last 5 months they diluted about 430,000,000 shares which is around 90,000,000 a month.
The average share price during this time, this is probably on the high side .0003.

That is $129,000 needed in 5 months or $27,000 a month.
Again ,this is on the high side and .0002 is probably more accurate.

Looks like the GTM at the show is sold $145,000.
I would imagine that is enough money to tie them over for awhile.

Maybe the split filing was just in case they could not sell anything but, now that they have maybe it will be removed.
Just speculating but, that would move the PPS to the MOON!

[spotticus]

Thanks JC!.. that addresses some of the questions raised on the FFR forums. If this is true, I think there's a lot of impressive parts to this car that don't get noticed at first glance. Hopefully Peter can get a finished version to some major auto mag or website for a full review before selling.

[pitadog]

Nice find JC. The report is from a fellow that is obviously very knowledgeable on cars in general and the F5 GTM's.

Not surprised on his feelings on the air-bag suspension. Was surprised the A-arms are not adjustable. (Don't think the race types at F5 forum will want them) However, the car has been developed to be a street car, not a race car, so no biggie.

The information on the frame being other than F5 is very interesting and is a pretty strong deference to their car.

All in all, a very fair and balanced statement on the car and quite favorable in it's totality. Now all we have to do is produce and sell them! ...dog