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 :
I have been away from the board for a while but it looks like the GTM is going to be unveiled in DECEMBER!
Finally getting ready for a bounce in the share price? I'm loaded up and waiting. Posted by BooDog on :
quote:Originally posted by Stockstar69: I have been away from the board for a while but it looks like the GTM is going to be unveiled in DECEMBER!
Finally getting ready for a bounce in the share price? I'm loaded up and waiting.
THIS DECEMBER?? Posted by Stockstar69 on :
Yes, this December. There are T-shirts for sale saying coming in December. There are also a bunch of parts now for sale on Ebay at the Revenge Design Store.
Just noticed we started to hit the .0004's today. It's been 2-3, 2-3, now hitting 3-4, 3-4.
Going up slowly (at least it is trying to). Posted by Stockstar69 on :
Hitting the 4's more often now. GTM SUPERCAR Release SOON, only 2-1/2 more weeks till the December unveiling and the company isn't talking, keeping things under wraps very well.
quote:Originally posted by RatBoy: Good Luck to us all. Hope this week is better and we see more green days
Hey Ratboy...Good to see you here. Need all the RVGDers we can find. Posted by RatBoy on :
Well glad to be in here so they are unveiling in what 2weeks. The company seems like it has what it takes. Do you know if they are planning any splits F or R
Posted by Stockstar69 on :
Good Stuff. Yea bashers like to Rumor BS! But I am in and sitting and waiting for what I have in it I can wait it out. I am heading to Iraq in few months so I would like to see it do something before I leave but if not I will sit on it
Posted by Stockstar69 on :
Thanks Rat! Just saw you a soldier! Wouldn't it be something for you to go to Iraq, the company flys to the moon and th estock soars and you come back to a nice big (Millionaire) stock market account?
It could happen.
(OT) take a look at DPDW. Nice wee little company with raising revenues and no debt.
Posted by Stockstar69 on :
I love it...649,999 traded so far today. Come on...where is that last share? LOL
Posted by RatBoy on :
Yea I am soldier and it would be nice I would settle for a 100k that would be ok by me.
Posted by Stockstar69 on :
quote:Originally posted by RatBoy: Yea I am soldier and it would be nice I would settle for a 100k that would be ok by me.
That might be enough to buy your own GTM? Posted by RatBoy on :
Yea I could handle that too. Well I guess they found that share that was missing and a few more
Posted by Stockstar69 on :
whoopee...saw this on another board.
Ladies & Gentlemen,
Allow me to start by thanking all of our loyal supporters who understand the state of today’s economy and are standing by the company, ready to move forward with us into a fantastic future. On behalf of myself and all the staff I would like to express our excitement and enthusiasm about all of our current projects. Each day our team comes into work focused on our objective with a determined and optimistic mind set. This attitude has been and continues to be the key to our prolonged success.
As you are aware the redesigning of our Revenge Designs Super Car has taken the most part of twelve months to complete. The lengthy build process is an elemental part of reaching the level of perfection we are striving for. We will settle for nothing less than flawlessness so that we can again show the automotive industry leaders that Revenge Designs Inc is an award winning company, as with the Revenge GTO. Producing this OEM super car is our way of clearly reinforcing what Revenge Designs is all about… power, performance, precision and passion.
Over the course of our build we have received some negative comments concerning previous announcements. The subject that is addressed most often is why we have new plans finished and passed by the city for our new plant but have not moved on with the construction. For Revenge Designs, it is not logical to build the facility first and then the vehicle that the facility will be accommodating. As for those who wonder why both ventures are not happening simultaneously… it’s simple economics. The day to day upkeep of the company, designing and planning a once in a lifetime Super Car and release is our first priority. For the rest of the details, there is a concrete plan that will materialize in due time. The second most popular subject concerns the current share structure; which stands at 2.5 billion authorized shares and 1,934,710,872 outstanding shares.
As we all know, the industry and economy is in a decline at present; however, we have faith. The automotive industry has been the heartbeat of this country for decades and will continue to do so as people’s love for hand-built, quality, high performance cars will always stand. We are working very hard to ensure that Revenge Designs Inc is at the forefront of the industry in providing exactly that kind of hand-built quality performance.
Finally, I would like to touch on previously mentioned contract negotiations. These talks are an on-going process but are currently on the back burner as the larger vehicle manufacturers have more pressing issues on which to focus. We are confident that with the New Year the contract negotiations will continue with full force.
Again, I would like to thank everyone who understands the workings of a design company. We appreciate your support, your patience, and your investment. While we always appreciate hearing from our shareholders we have become inundated with emails and would like to put this into perspective… the more time we spend on emails and phone calls, the less time we have to move forward financially and developmentally. We hope that everyone can develop an attitude of professionalism, respect, and mutual trust thus ridding the entire Revenge Designs family of any unnecessary negative sentiments.
We hope you enjoy your upcoming holidays! Thank you.
Peter Collorafi Emily LeVault President/CEO Marketing/Promotions Manager Revenge Designs Inc. Revenge Designs Inc.
Posted by RatBoy on :
Good stuff where you find this at
Posted by Stockstar69 on :
Actually on another stock board (I H U B). I check several through out the day. They have a lot of Due Dilligence there as well as links to various sites that help. GLTU
by the way...they are going nuts over there now. LOL
Posted by RatBoy on :
What happen to us Besides down on the DOW 4427.63 for the day If we could get a good green day like the red days we would be alright LOL
Posted by RatBoy on :
I had on stock do something and it didn't do good AGEL 44.44% but hey it is green
Posted by RatBoy on :
Hey Stockstar check out NWTT it has held steady and when you check out chart look back two years. Give me your thoughts on this one. I have 280,000 S in at .0003. But from what I saw and from the news they released on the 14th maybe can get repeat of what happened in Feb.
Posted by RatBoy on :
What happen to us this week. held steady but then dropped. Maybe a sign to get out but still holding and waiting don't have much invested so I can sit on it and wait.
Posted by Stockstar69 on :
I don't know what happenned but I tried to buy more but Scottrade would not let me.
Oh well. I think we will be OK in a week or 2.
Posted by RatBoy on :
I think so also and I am holding most that could happen is loose a couple 100 or make a bundle so its risk vs bank. I can hold out for bank lol
Posted by Stockstar69 on :
quote:Originally posted by RatBoy: I think so also and I am holding most that could happen is loose a couple 100 or make a bundle so its risk vs bank. I can hold out for bank lol
Perfect thinking...Load up here if you can, I think this will pop before the end of December when the GTM is unveiled and after the auto show in Orlando Florida.
Posted by Stockstar69 on :
quote:Originally posted by RatBoy: I think so also and I am holding most that could happen is loose a couple 100 or make a bundle so its risk vs bank. I can hold out for bank lol
Still out there Ratboy? Anyone else out there watching RVGD or am I the last one? Posted by BooDog on :
20 million + traded so far today.
Posted by Stockstar69 on :
The Revenge website is down. I wonder if they are making the change. Big news to come, remember?
Posted by Stockstar69 on :
**NEWS**
Revenge Designs Inc. to Debut Super Car at North American International Auto Show Tuesday December 16, 10:00 am ET
DECATUR, IN--(MARKET WIRE)--Dec 16, 2008 -- Revenge Designs Inc. (Other OTC:RVGD.PK - News), a specialty car designer and production assembler, is thrilled to announce that the debut of the Revenge Designs GTM-R Super Car will be happening at the January 2009 North American International Auto Show (NAIAS). ADVERTISEMENT
After being accepted to exhibit at one of the most prestigious shows in the industry, we simply could not refuse the opportunity. NAIAS in Detroit, Michigan is "The Show" and, with two weeks of previews and events and more than 60 countries involved, it's easy to see why. After a year in the making, the official press conference for the unveiling of the Revenge GTM-R will be held on January 12th at 2:20 pm in the Revenge Designs Inc. exhibit area. The press conference will give more than 6,500 different journalists an opportunity to see the vehicle and speak to the CEO of Revenge Designs and Marketing/Promotions Manager about the details of the Revenge GTM-R. With over 700,000 people expected to be at the 2009 show, the whole Revenge family is ecstatic about the opportunities this presents to the company. NAIAS 2009 is the greatest platform for our World debut and we are proud to have the occasion to be showcased parallel to Maybach, Lamborghini and numerous other high caliber companies. The North American International Auto Show will be held in Detroit, Michigan at the Cobo Center and public viewing days will be from January 17th - 25th. The Revenge Designs Inc. exhibit will be staffed by Peter Collorafi, President and CEO, and Emily LeVault, Marketing/Promotions Manager, for the entirety of the show.
Another great exposure opportunity for Revenge Designs comes from a recent partnership with StockProfile.com, a customized web-based platform showcasing emerging growth stocks. The website provides the investing public with a creative information source for investors who like to conduct their own research and make their own investment decisions. The platform allows users to review and investigate dynamic publicly traded companies in a user-friendly environment.
Revenge Designs Inc., a specialty car designer and production assembler, is headquartered in a facility in North Eastern 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. The Revenge GTM-R Super Car is the company's first OEM 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.
Contact: Contact: Emily LeVault Marketing/Promotions Manager Revenge Designs Inc. Email Contact p: 260.724.4000 f: 260.724.3194
Posted by BooDog on :
These .0002 are cheap compared to where we will be next month after the show and unveiling! Posted by BooDog on :
quote:Originally posted by Stockstar69:
quote:Originally posted by BooDog: .0002!!!
These .0002 are cheap compared to where we will be next month after the show and unveiling!
Scottrade refuses to allow buys. They really suck when it comes to pinks.
Posted by Stockstar69 on :
Yep, I have tried to buy several times when we could have gotten them for .0001 but ran into the same crap with Scottrade. It agreavates me that they are controlling how we wish to spend our own money.
Yep, major exposure at the national auto show can't hurt. I saw (on another board) where Revenge has ordered and/or received 150 back windshields. I know the GTM's had problems in this areas and am wondering if these new windshields take care of the problems?
Posted by Stockstar69 on :
damn scottrade, how can they keep you from spending your own money Posted by Stockstar69 on :
quote:Originally posted by FOSTR: damn scottrade, how can they keep you from spending your own money
Don't get me started on Scottrade. I tried to buy more several times but the restriction is still on. Just call them though as I heard someone else say they will still place the trade for the on-line commision price (about 7.50 +/-).
Posted by vtcpa04 on :
I recently swithced from Scottrade to Zecco. I'm very happy with Zecco because they give you 10 free trades a month (to qualify for the free trades your total account value has to be at least $2500).
Posted by FOSTR on :
never heard of Zecco, I will check them out. are they as restrictive as scotty???
Posted by Stockstar69 on :
Yep, I have heard of them and never heard anyone have any problems. Also heard good things about interactive brokers.
Posted by vtcpa04 on :
Zecco's margin requirement is also looser than Scottrade. With Zecco, you just need to meet the minimum balance requirement which is $2000. With Scottrade you have to meet the minimum balance requirement and pass credit check. I think it's also worth repeating that you can get 10 free trades a month (that adds up to hundreds of dollars a year in savings easy). After you use up your 10 free trades, the commission is $5/trade which sure beats Scottrade's $7/trade.
Posted by Stockstar69 on :
section 10 is INTERESTING and looks to be in RVGD favor. In short, it indicates Revenge has paid back a $200,000.00+ loan in full and in return received back the 25% stake in the company which SGLS was holding.
Seems bullish to me.
Posted by FOSTR on :
that sounds great I will give them a call, thanks for all the info
Just updated! Revenge is listed on the show schedule...whoo hoo!
Show starts on the 11th...1 week away. This is going to be ingteresting. Posted by Stockstar69 on :
AmericaJR.com will stream many of the unveilings during press week. Click link below to watch new concept cars and production models being revealed LIVE on your computer. Hopefully the GTM-R will be showcased:
quote:Originally posted by Stockstar69: AmericaJR.com will stream many of the unveilings during press week. Click link below to watch new concept cars and production models being revealed LIVE on your computer. Hopefully the GTM-R will be showcased:
Five Chinese automakers came to the 2008 NAIAS last January. This January, many new automakers will be displaying their vehicles for the first time at Cobo Hall. Those include Tesla, Revenge Designs, Bugatti, Lotus, Morgan and Brilliance Auto. BYD Auto, a Chinese automaker, will return again this year with a display on the main show floor. http://americajr.com/news/naias/2009/autoshowpreview0104.html Posted by Stockstar69 on :
this stock is on the Scottrade "no buy list"
Posted by bod5 on :
i dont think it is such a hot looking car especially with that thing sticking up in the back.I just saw the lotus racing car and that is the car nothing sticking sticking up in the back and the design wipes this rvgd model. the lotus is simply beautifull.wHICH BY THE WAY THEY ARE SHOWING THE RVGD CAR ALL OVER THE NET and the stock is still stsying at.ooo1-.ooo2.i myself have shares in rvgd but i think it is a loser and i tink iam going to sell my shares ,which i have up or saell at 0.0002 for almost over a week now and still hasent sold.dose any one have the symbol for the lotus stock
Posted by BooDog on :
quote:Originally posted by bod5: i dont think it is such a hot looking car especially with that thing sticking up in the back.I just saw the lotus racing car and that is the car nothing sticking sticking up in the back and the design wipes this rvgd model. the lotus is simply beautifull.wHICH BY THE WAY THEY ARE SHOWING THE RVGD CAR ALL OVER THE NET and the stock is still stsying at.ooo1-.ooo2.i myself have shares in rvgd but i think it is a loser and i tink iam going to sell my shares ,which i have up or saell at 0.0002 for almost over a week now and still hasent sold.dose any one have the symbol for the lotus stock
Coverage getting insane.
Posted by Stockstar69 on :
Gapping up! Scottrade showing .0004 after hours. I can't wait until tomorrow. CNBC is showing auto show tonight at 8:00pmEST.
Posted by Stockstar69 on :
Very cool. So what's up with the 1000:1 RS? Shows as no notes on the nevada SOS and Iflub thinkpad is saying it will be after the detroit show? Kinda splains why this isn't getting the volume I would think it would considering the PR it's getting. If the RS is true, Peter sure shot himself in the foot imo.
REVENGE DESIGNS INC(Other OTC: RVGD.PK) Last Trade: 0.0002 Trade Time: 10:42AM ET Change: 0.0000 (0.00%) Prev Close: 0.0002 Open: 0.0001 Bid: N/A Ask: N/A 1y Target Est: N/A Day's Range: 0.0001 - 0.0002 52wk Range: N/A Volume: 3,000,100 Avg Vol (3m): N/A Market Cap: N/A P/E (ttm): N/A EPS (ttm): N/A Div & Yield
Posted by Stockstar69 on :
Good question...I was thinking this may have been Peter's trump card just in case they missed the show. People wanted news, it didn't come, then they said December, but it didn't come. The split info came out (the Nevada filing did not initially say reverse split, however, aparently, someone confirmed w/Peter that was what it would be). Boom, 2009, the GTM is at the biggest car show of the year and seems to be an initial success, so, maybe, just maybe, Peter will retract the split filing.
Very cool. So what's up with the 1000:1 RS? Shows as no notes on the nevada SOS and Iflub thinkpad is saying it will be after the detroit show? Kinda splains why this isn't getting the volume I would think it would considering the PR it's getting. If the RS is true, Peter sure shot himself in the foot imo.
so what happend,all thse preveiws and the price is still at .0001=.ooo2.
Posted by Stockstar69 on :
Don't know...The car seems to be a success. The public isn't invited to the show until Friday. Maybe after real people see the car and find out they can buy some shares so cheap we may got a little pop in the share price.
Posted by invester on :
LOVE the car, but 1-1000 RS in the works?
Posted by Stockstar69 on :
Wolfgang Puck? Maybe he will be the first to by a car, like Arnold was the first to by a Hummer. http://www.revengedesignsinc.com/gtm.html Posted by Stockstar69 on :
Yet another article about the new GTM-R Supercar.
Posted by wholesaledealer on :
Scottrade won't let me buy this. Anyone got a suggestion on how I can buy it. Steve
Posted by BooDog on :
quote:Originally posted by wholesaledealer: Scottrade won't let me buy this. Anyone got a suggestion on how I can buy it. Steve
Get a different broker, choicetrade? i still use scottie and haven't switched yet. most of my money is going elsewhere now anyway.
Posted by BooDog on :
quote:Originally posted by invester: LOVE the car, but 1-1000 RS in the works?
That threat alone would be the reason this isn't bouncing imo. Peter wouldn't return my call. he needs to pr if its BS imo.
Posted by Stockstar69 on :
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