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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
Posts: 2498 | Registered: Mar 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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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??
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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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.
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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.
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Dropped down but when I tried to buy more I was restricted? Scottrade not allowing Buys now? WTF...ARGH
Posts: 2498 | Registered: Mar 2006
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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
-------------------- Its All About the Green Backs Baby$$$$$ Posts: 46 | From: Fort Hood, Texas | Registered: Nov 2008
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Good Stuff. Yea bashers like to Rumor BS! But I am in and sitting and waiting for what I have in it I can wait it out. I am heading to Iraq in few months so I would like to see it do something before I leave but if not I will sit on it
-------------------- Its All About the Green Backs Baby$$$$$ Posts: 46 | From: Fort Hood, Texas | Registered: Nov 2008
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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.
Posts: 2498 | Registered: Mar 2006
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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.
Posts: 2498 | Registered: Mar 2006
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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
Posts: 2498 | Registered: Mar 2006
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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.
-------------------- Its All About the Green Backs Baby$$$$$ Posts: 46 | From: Fort Hood, Texas | Registered: Nov 2008
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What happen to us this week. held steady but then dropped. Maybe a sign to get out but still holding and waiting don't have much invested so I can sit on it and wait.
-------------------- Its All About the Green Backs Baby$$$$$ Posts: 46 | From: Fort Hood, Texas | Registered: Nov 2008
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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.
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