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pinkgamble

03/19/10 4:59 PM

#131701 RE: pitadog #131697

I guess I stand corrected although the picture on the web site only shows a single seat. I guess since it is a rendition you can say or show anything you like. Kinda like the interior drawings of the verde I guess...
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DrNuclear

03/19/10 7:21 PM

#131706 RE: pitadog #131697

Dog, you hit what I was driving at!
besides the name recognition/pedigree, all of the other companies have significant reserves to accomplish their goal.
Peter has less than $300k left by my analysis, and in his PR he has realized "require assistance to continue with the development from concept definition to component design" ( otherwise known as needing serious money to go forward). And then he goes on to say he will start production late this year.

There is a serious disconnect between those statements. He cannot start production without assistance, so why say he will by end of year? He might be able to do some more drawings or another show car, but he cant build more than one more car with the money he has left. I guess "production" is another one of those words he uses that has multiple meanings, none of which is related to building anything.

I appreciate the people that beleive in Peter, and understand part of it might be because they are pretty well trapped by trading restrictions so they might as well enjoy the ride.