RE: PROPOSITION FOR ZZ & ALLI said I would post after the PR. But since ZZ said it was delayed and I was asked for my opinion, I will respond now.
But first let me correct something. I posted: “Red and Dog say there will be no releases and we are pushovers”. Red said there will be no releases and Dog said we are pushovers. It’s not a big deal and Dog your reaction was way out of line. First you say I am lying and now you want my opinion. Strange!!! Therefore, I must agree with your own statement that “You are not eloquent”. Let me add, not accurate, factual, and often incoherent.
Second, Hut, I am not making a “grand u turn”. I posed a rhetorical question;” Have I been duped or am I cognizant of the situation?”
What can I say about RedO that hasn’t already been said about Chair?
Also, I checked the post saying Rick Wilson purchased 70,000 shares of REV in the past few months and it is accurate according to “Canadian Insider”.
Okay, that is off my chest and I shall get down to the business at hand; voting at the AGM.
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Please carefully consider two (2) possible scenarios.
SCENARIO ONE: The new KX product that we have is LEGIT and it lowers the production cost of tar-sands and is environmentally friendly. Therefore, it will be tested, approved and sought after by all the tar-sand oil companies resulting in a tremendous inflow of profit and share price appreciate for REV. (.50-1.00-2.00 +) This deal was originated by, carried out by and followed through by Rick Wilson, our CEO. He deserves the credit and he deserves the votes. Ed & Wolf had nothing to do with orchestrating this deal.
SCENARIO TWO: The KX product DOES NOT DO what they claim it can do. The testing has failed and it is rejected by tar-sand oil companies. This entire project is one gigantic scam. We have been Madoffed to the max. The only thing of value is a questionable Red Mt. and a % of a Polish oil deal that has been dragging for 3 years.
OKAY, there you have it. Now boys and girls it is time to use our brains, logic, intuition.
You have to decide which scenario you can go with.
If it is number ONE then you must stay with the current CEO as it is his deal.
If it is number TWO then you must go with someone else who will have Poland and Red Mt. ONLY as the KX product is NON_EXISTENT. Perhaps Wolf who would be more than happy to pay himself the money he owes to himself.
Have I made up my mind yet? We must not blind to the fact that it may Scenario #2.
What then will convince us to vote for #1 or #2?
A news release showing that testing is going on and a legit company is doing the testing? Even then we must rely on some faith as the testing hasn’t been completed.
The promised news releases due out this week. (I doubt it will be out until next week due to the holidays.) These releases should help us make up our minds.
If they are legit and the street believes them, the SP will rise immediately. That will be a positive sign for Scenario #1.
If there is no news release and/or there is a meaningless news release and the SP is unmoved then we should consider Scenario #2.
There is your answer.
But before the AGM, I have a proposition for ZZ that may cast some light.
ZZ, please ask your Howe St. broker and any other broker you or any one on this board may suggest, if they will attend a meeting at company headquarters. The meeting will be between them and management where they will discuss the future of REV and look first hand at the current situation. At this meeting they will be shown the product, its potential, current results and any questions they have will be answered. I will throw in lunch. Post it on the BB or inbox me an I will arrange it.
Then, between the long overdue news releases and your brokers’ opinions we can all make a rationale decision on the coming AGM vote.
We wait, We see, We decide.