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tradersrule

02/19/12 12:29 AM

#52237 RE: TimetoStoptheBS #52236

You have proof of that or is it just mindless dribble?
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davidam

02/19/12 12:38 AM

#52239 RE: TimetoStoptheBS #52236

Compensated Awareness Post View Disclaimer
The company had unforeseen events happen to them IMO back in September. This was a time a long awareness program was scheduled as they were led to believe the Cloud Channel Technology was ready to go live. Granted fault for that error lies square on everyone on the BOD and the x CEO. No excuses! It is a travesty this happened. When the technology suddenly did not go live the company was left with no news and lost long term funding that they had lined up for this live event. This funding was intended to payoff the convertibles coming due. With no funding and no news the company was left naked to create a stable market for the note to convert into. A perfect storm of negative events. Hence a relatively small note by most standards did massive damage to the share price. Sending the share price to levels most will agree companies are with no revenues, no sustainable business model, and a minimum of a billion shares . The good thing is the SS is still very good. If they get back on track getting notes stopped and executing their business plan a potential swift rebound could take place. I hope we are experiencing the first signs of this

Lastly it is not un common for a start up company to have to change directions and realign themselves. Recent pr's and blogs by Reggie James shows they are doing just that and getting back on track
We will see what the future brings. Currently RTGV sits in a sector that is experiencing massive valuations. Their current market cap is in the neighborhood of under 1m dollars

I think one key thing to look at with any stock especially pennies is the management . Their profiles are in the Ibox they should be read