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Peter is trying to Build something that most cant comprehend at this point
Re: Peter is trying to Build something that most cant comprehend
If the shares increase by a billion at these prices that would be company suicide in my honest of honest opinions. The market cap right now is less than 60K and the outstanding shares are over 200 million.
How can they logically get money to work with?
Re: Peter is trying to Build something that most cant comprehend
What a horrific day. The bright spot is that the short interest as of June 30 is only 5,876. Not bad considering it was almost 5 million at the end of February.
Re: Peter is trying to Build something that most cant comprehend
Anyone from Pinnacle care to comment thoughts a bout peter increasing the A/S by another billion?
Re: Peter is trying to Build something that most cant comprehend
Tons of potential with what they have planned. ppl are comparing them to just a body shop/ modifiers. The difference with Revenge is that they are modifying pontiacs and ridgelines that are going to be on dealership floors, and are designing an OEM GTM from FFR's kit- 1. Revenge gets the cars and parts from manufacturers, 2. Revenge assembles them in a professional manner, 3. They are placed in 100's of GM/Honda dealerships across the US. Find another body shop that does that! Looks like there are three pending contracts, one of which is for 80M over 4yrs; I'm thinking contracts are with FFR, GM, and Honda. I'm not too sure where the GTM is going... I can't really see the GTM sitting in a GM dealership, since it's not a GM. I'm now thinking (after the recent news) that Revenge is teaming with FFR to sell the GTMs, and that 80M pending contract is with Honda for the Ridgelines. Patience is needed, investor fatigue is wearing thin.
Re: Peter is trying to Build something that most cant comprehend
the GTM super car looks unreal, cross between a corvette and a Ferrari ---- question why am I buying this stock?
Re: Peter is trying to Build something that most cant comprehend
the ABOUT US page is conveniently temporarily out of service, could find little information , mostly pictures, what is the relation to a public company ,
Re: Peter is trying to Build something that most cant comprehend
let me get this straight..
a company has built a kit that enables you to build your own car??
Revenge Designs builds the car or you buy the kit and build it yourself? sounds like a silly idea unless your a mechanic, there are my 2cents,
Re: Peter is trying to Build something that most cant comprehend
No, he is talking about a car that can be bought as a kit and put together yourself, but the Peter he is talking about has started a company called Revenge Designs and they have a contract with Factory Five to build these cars.... with some modification... to be bought off showroom floors.
The biggest concern is how they have financed their operation....
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I've spoken to peter and what He is attempting to do at this time in a Partnership with Factory Five is to Become and OEM Automobile Plant Building a 50 state Legal High Performance Supercar.. Keep in mind that You or I could Buy a GTM Kit from Factory Five and build it ourselves with No problem. But for a Company to produce them . they have to Meet very strict Government Safety guidlines. They are also making some Very Need enhancments in some of the simplest of thing like fully functional Driver & Passenger Windows.. Time will tell about this Project , But I intend to stick around till the last chapter is written..