Revenge Designs, Inc. Processing Preliminary 4-Year, $80M Production Contract
Market Wire "US Press Releases "
DECATUR, IN -- (MARKET WIRE) -- 01/29/08 -- Revenge Designs, Inc. (PINKSHEETS: RVGD), a specialty car designer and production assembler, announced today that the recent business trip was an extreme success and a preliminary 4-year contract valued at $80M is currently being processed. At the request of the signing party, details on the preliminary contract will be withheld from the public for a period of 6 to 8 weeks. This is to allow marketing materials to be completed and to prepare for an official unveiling ceremony for the general public. The Company will provide updates on this very exciting contract as they develop.
The contract being processed today will generate approximately $5M in quarterly revenues with forecasted margins of at least 15%. Taking into full account the conversion of any outstanding promissory notes and preferred shares on a fully diluted basis, our quarterly Pro Forma numbers support an estimated .001 earnings per share per quarter, or .004 per share on an annual basis.
Peter Collorafi, Revenge Designs President and CEO, stated, "This is just the first of three pending contracts we have previously stated that we will seek to deliver to our shareholders in 2008. While our merger was a difficult transition for Revenge Designs, these contracts should dispel any doubt as to the direction the Company is headed. I understand that news was released by one of our current shareholders that caused some panic among investors. The 240M shares will be issued under rule 144 and would be restricted for at least 6 months. I regret the loss anyone may have suffered by the news issued by Signature Leisure."
Revenge Designs, a specialty car designer and production assembler, is headquartered in a facility in N.E. Indiana. Mr. Peter Collorafi is a car designer from Queensland, Australia. Mr. Collorafi has been designing and installing custom modifications for factory produced vehicles since 1980.
Posted by Stockstar69 on :
YES...This one definately belongs on the hot stocks board. Up Up Up every day.
(I probably jinxed it but take a look!)
Count me in!
Posted by Stockstar69 on :
See, I did jinx it.
It ended flat yesterday with no change but today is a different story!
Posted by Stockstar69 on :
Starting to come back now...Out of the .009's and into the .010's.
PUSH!
Posted by Stockstar69 on :
quote:Originally posted by Stockstar69: Starting to come back now...Out of the .009's and into the .010's.
PUSH!
Sorry, into the .011 now. Posted by Stockstar69 on :
NEWSSSSS!
Revenge Designs, Inc. to Begin Conversions of the Honda RidgelineFebruary 6, 2008 3:00 PM ET advertisement
Designs Inc (RVGD) Stock Quote, Chart, News, Add to Watchlist
All Market Wire newsRevenge Designs, Inc. (PINKSHEETS: RVGD), a specialty car designer and production assembler, announced today that it will begin receiving Honda Ridgelines on February 12th, 2008 for conversions. Pictures of the new Honda Ridgelines will be available shortly thereafter.
Peter Collorafi, Revenge Designs President and CEO, stated, "This is a major development for us and will allow us to begin generating steady revenues. Combined with our recently announced $80M contract, the Company is now in a very strong position and enjoying great growth."
The Company recently approved the conversion of one of its promissory notes. The total number of shares to be outstanding after conversion of all promissory notes and preferred will be approximately 977M shares. Currently there are 578,281,035 shares outstanding and 45,794,064 shares restricted. The Company also issued additional voting preferred to Mr. Collorafi to maintain majority control of the Company. To accommodate the increase the Company recently raised its authorized shares to 1.5B.
Peter Collorafi, Revenge Designs President and CEO, further stated, "The conversions of the promissory notes will be the last step in moving forward after our merger. Our earnings predication from our last press release included the conversion of all the outstanding notes and preferred. With the addition of the Honda Ridgeline to our product line we anticipate to beat our previous earnings estimates. It has been a bumpy ride but soon we will be on the highway screaming to the finish line."
Revenge Designs, a specialty car designer and production assembler, is headquartered in a facility in N.E. Indiana. Mr. Peter Collorafi is a car designer from Queensland, Australia. Mr. Collorafi has been designing and installing custom modifications for factory produced vehicles since 1980.
Posted by Stockstar69 on :
News this morning...We are screaming upwards!
Posted by BooDog on :
on top of things. Cool!
Posted by Stockstar69 on :
Nice moving today! 'bout time.
Posted by Stockstar69 on :
Hmmm, GM showrooms may sell the GTM? This is getting interesting.
Posted by Stockstar69 on :
WE ARE IN THE GREEN!
Posted by Bottomfeeder on :
NO,You are in the green.My shares are still red and I refuse to buy more until it shows promise of moving back higher not just up a few pips.
Posted by ski3272 on :
i have been waiting a week for these people to call or e mail me back kinda scary
Posted by Stockstar69 on :
quote:Originally posted by ski3272: i have been waiting a week for these people to call or e mail me back kinda scary
Sorry, what people. The Revenge shop?
Posted by ski3272 on :
quote:Originally posted by Stockstar69:
quote:Originally posted by ski3272: i have been waiting a week for these people to call or e mail me back kinda scary
Sorry, what people. The Revenge shop?
No, There Investor relations guy Mr. Sykes. I was transgered to him and his mailbox was in overflow mode. I sent an e mail and a phone msg over a week and a half ago and no returns. I sold out for a loss on this one goodidea or bad but I feel to invest in a company with poor investor relations and a hope and a prayer on a one car deal with GM a company that is set to come out with a special edition vet that has 600 hp only 100 will be made this year. I doubt the comapny will come out with another car at the same time. This deal is dead Im guessing. it like letting a burger stand set up shop outside your steak house.
Posted by ski3272 on :
quote:Originally posted by Stockstar69: News this morning...We are screaming upwards!
we are screaming alright, screaming stock you must be loaded int this company for all the posts and reposts youve made to your self Posted by BooDog on :
I've been waiting for .0013 for over a week now!! Maybe Chad was on holiday? Who knows! Still a few months to go for their "unveiling". Maybe I can get in lower then.
Posted by ski3272 on :
I do not forsee a deal being made with the 100 car special edition corvette coming out.
Posted by Stockstar69 on :
quote:Originally posted by ski3272: I do not forsee a deal being made with the 100 car special edition corvette coming out.
Hmmm, Maybe the revenge GTM is the special 100 car Corvette! Posted by Stockstar69 on :
Found the Car & Driver article...http://www.caranddriver.com/reviews/hot_lists/high_performance/special ty_files_tuner_cars/2007_factory_five_racing_gtm_ls7_specialty_file...
oops wrong thread - was looking at eeso! lmao
Posted by Stockstar69 on :
That's OK BOO! Good to see you here and hope you buy some stock! Posted by BooDog on :
quote:Originally posted by Stockstar69: That's OK BOO! Good to see you here and hope you buy some stock!
lol only 3,319,325 shares served today. gonna havta pick it up. I think it's been sleeping long enough! A couple indicators are looking better for a flip imo.
Posted by Stockstar69 on :
Speaking of flip...I was starting to think the same thing. I'm getting pretty bored and if something doesn't happen soon?
Posted by Stockstar69 on :
Wow, starting to hit .0001 now. Seems all the investors have lost confidence in this stock.
Posted by Stockstar69 on :
NEWS OUT... Last update: 1:25 p.m. EDT July 30, 2008 DECATUR, IN, Jul 30, 2008 (MARKET WIRE via COMTEX) -- Revenge Designs Inc (PINKSHEETS: RVGD), a specialty car designer and production assembler, provides a corporate update to its shareholders. Peter Collorafi, Revenge Designs, Inc President and CEO, stated: Thank you to all our shareholders for their kind wishes and thoughts during my wife's illness. Revenge Designs Inc is pleased to announce, although the American economy is facing some tough times, here at Revenge Designs we are sustaining a consistent growth in our company. Last week we released our new redesigned Pontiac GTO sports front bumper fascia, now enabling us to fulfill customer backorders. We are consistently moving forward, visiting Honda new car dealerships, promoting our Sports Honda Ridgeline. The GTM Super Car, although we have made some extensive redesigning and fine tuning throughout the vehicle our first body will be in the paint shop next week. The redesigned engineering suspension tooling is also near completion. The suspension tooling will allow Revenge Designs to improve the design and fitment also eliminating the need to purchase Corvette donor parts. In regards to Revenge Designs share structure in July 2008, the company's Authorized Common Stock was increased to 2,500,000,000 (two billion five hundred million) shares. Our Outstanding shares remain at 1,742,845,630 and the 2007/2008 504 is presently closed. For our new shareholders that may have not been present in RVGD in the early stages, 50% of the funds and shares provided to Revenge Designs Inc were assigned to removing share holders with Promissory notes, allowing Revenge Designs Inc to stand alone and move forward. Revenge Designs Inc is currently negotiating with two automotive companies in two separate Southern states of America, in view of being our first Satellite Centers. This will enable Revenge Designs to broaden customer awareness of all the Revenge Designs quality products and also vehicle sales assistance. About Revenge Designs, Inc http://www.revengedesignsllc.com Revenge Designs, Inc a specialty car designer and production assembler, is headquartered in a facility in NE Indiana Mr. Collorafi is a car designer from Queensland Australia. Mr. Collorafi has been designing and installing custom modifications for factory produced vehicles since 1980. Peter Collorafi 260-724-4000
Posted by Stockstar69 on :
from a dealership called Prestige Imports 9330 Liberty Rd Randallstown, MD 21133 Phone: 410-922-1100
Vehicle Description This beautiful supercar is currently under construction. You can custom order this stunning supercar exactly the way you like it. Available in 4 models starting at 119000 dollars. The 500R with 500 Horsepower, the 600R with 600 Horsepower, the 700R with 700 Horsepower or the ultimate PRESTIGE RACING EDITION with over 1000 plus Horsepower making it the fastest and most affordable supercar in the world. Be the first to own the new GTM! Currently taking deposits for the 4th car. Build time 2 - 3 months
Posted by Stockstar69 on :
Debut Super Car at North American International Auto Show, January 12th at 2:20 pm in the Revenge Designs Inc. exhibit area.
Posted by Stockstar69 on :
Reverse split cancelled per Peter! Price is going up the last few days and volume starting to increase. This is starting to rumble!
Posted by Stockstar69 on :
50 million shares traded yesterday! Things are The update has also been put onto the Revenge website.
Looking up around here.
Posted by Stockstar69 on :
In case you missed it... NO R/S
Revenge Designs Inc. to Update Shareholders on GTM-R Show Tour and Company Structure 10:00a ET February 27, 2009 (Market Wire) Revenge Designs Inc. (PINKSHEETS: RVGD), a specialty car designer and production assembler, would like to take this opportunity to update everyone on the response to the GTM-R Super Car in Detroit and Chicago as well as information on the stock.
Peter Collorafi, Revenge Designs Inc. President and CEO, stated:
Ever since we returned from the Detroit Show the ball has been continually rolling here at Revenge. The official numbers came in for attendance at Detroit and hit a staggering 650,000. With such impressive attendance came some similarly impressive opportunities for Revenge. The Ukrainian and Middle Eastern exotic automotive markets are now very anxious to get a little Revenge. We are now looking to export Revenge vehicles to a distributorship in the area as of the middle of 2009.
With all of the American and International media exposure, TV and print coverage at Detroit, we didn't think that things could get better for Revenge. However, the response and coverage at the Chicago Auto Show was just as amazing and has given Revenge the opportunity to further broaden our audience. Attendance is estimated at 1.5 million people in Chicago. We had great responses from exotic vehicle owners. One of our favorite emails from an exotic collector reads, "We now have an affordable super car with low maintenance costs and a host of luxury features."
Revenge is also being approached by exotic dealerships throughout the United States who think it's "great timing to have an exotic super car we can offer as an introduction into the market." And our personal favorite from a business executive client, "Finally a true super car. American-made, affordable servicing, 0-60 in 3.2 seconds and a bonus high mileage to the gallon."
Overall both of the shows have been a huge success for Revenge Designs Inc. Displaying to an overall audience of 2.2 million plus television and print exposure worldwide the new American Super Car at an affordable price for the sports car enthusiast has been very well received. Updates on export and American sales inquiries will be released as they become available. However, the privacy requested by our clients will remain of the utmost importance.
We'd like to express a very special thank you to General Motors Performance Parts division for their assistance in the completion and display of Revenge Designs GTM-R Super Car. And I personally would like to thank everyone for the avalanche of professional resumes we have continually received since displaying in Detroit. Revenge is looking to expand and hire professionals with a background in metal fabrication, electrical and mechanical engineers.
I would like to inform all investors, although my initial inquiry and filing for a reverse split may have been, in some cases, the correct and usual direction for the company I have come to a more beneficial conclusion. After reviewing all angles of how the reverse split would affect the company and especially our shareholders I have filed with NASDAQ and CUSIP a withdrawal of our reverse split application as of February 25, 2009. It is still going to take some time for the automotive industry to regain its strength. Now that Revenge Designs Inc. is stamping its mark on the industry by continually producing quality products and now with expanding our market overseas it is imperative for Revenge Designs Inc. and its shareholders to remain as a team. Rebuilding our share prices is a joint effort that requires remembering that we are all working for the same goal.
I wish to thank, on the behalf of my wife Bonnie and Emily, the shareholders who visited us at the Detroit and Chicago Auto Shows. Also, thank you for the emails of encouragement which have helped to fuel our passion over the past six weeks.
Revenge Designs Inc., a specialty car designer and production assembler, is headquartered in a facility in North Eastern Indiana. Mr. Peter Collorafi, President and CEO of Revenge Designs Inc., is a car designer from Queensland, Australia. Mr. Collorafi has been designing and installing custom modifications for factory produced vehicles since 1980. The Revenge GTM-R Super Car is the company's first production vehicle. Their other products include the Revenge Solstice, Revenge Ridgeline, and the award winning Revenge GTO. For more information on the company please visit www.revengedesignsinc.com.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
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stock you must be loaded int this company for all the posts and reposts youve made to your self ![[Wall Bang]](graemlins/wallbang.gif)
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http://www.caranddriver.com/reviews/hot_lists/high_performance/specialty_files_t uner_cars/2007_factory_five_racing_gtm_ls7_specialty_file ![[Were Up]](graemlins/wereup.gif)
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