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Brad
You stated on NSXA announcement , "we are modifying the x4 for mounting into a vehicle" ,Why didn't you just say TRIKE.
What assumptions? Maybe you should hold your tongue , I didn't mention your name did I ! We realize and appreciate how hard your working , paying your self less than a 20yr old mechanic at the local garage ! , But your comments should be left for Charles to proof read before you say something that back fires.
Your escrowded from selling anymore shares until January , this has no affect on Directors or immediate family members from buying more.
As a Director you have every legal right to comment on share price , e.g. = I am very disappointed at the low price there trading at ! , as this seems fare to cheap !. Show a little sympathy as this would be an every day comment DIRECTORS make under the circumstances !.
You have everything to do with TRENDS OF TRADING ,your the director and people DO read your announcements ,every few months you seem to have forgotten what you previously announced not rectifying last.
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Chook
Novice If I sold some of my shares it would bring the market cap of REVETEC down to around $400,000 I think they can be delisted if they stay under $500,000 for to long ! Question Brad should know !.
Novice it's good to see your honest as this means BEGINNER IN MY DICTIONARY !! , so why don't you begin by buying the 100k on offer, fill the left hand side up with bids as someone else laid the extra million shares on offer a week ago, Not me !.
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[QUOTE=3yearsharehold;734156]It would be a dream come true for any motor inventor to receive 200 000 unit order straight up , I don't see any major company taking that sort of risk as any problems can take a year or two of wear and tear on road use to find out[/QUOTE]
If you were around longer than 3 years, you would realise that 200,000 units is not all that impossible. You don't know what deals Revetec are negotiating so stop ASS-uming.
[QUOTE=3yearsharehold;734156]
The agreement was for a minimum of 5000 the first year and up from there.[/QUOTE]
Here I'll help you with your research. This is the Trikes deal as mentioned on the website.
[COLOR="Blue"]The agreement provides for payment of a licence fee based on a minimum of [B]250 engines in the first year[/B], increasing to a minimum of 5,000 engines in the fourth and subsequent years.[/COLOR]
[QUOTE=3yearsharehold;734156]
5000 UNITS AT $150 per unit is nothing to sneeze at , this would give REVETEC a great foot in the door.[/QUOTE]
I'll ask the question again.
How much do you think it would cost to set up a manufacturing plant to develop 5000 units or even paying someone else to develop just 5000 units? Actually make that 250 units for the first year. Would you make that business decision? I think you are showing who the real NOVICE is :D
[QUOTE=3yearsharehold;734156]
why don't you begin by buying the 100k on offer, fill the left hand side up with bids[/QUOTE]
What makes you think I haven't at these ridiculous prices? ;)
ASS-uming again :D
[QUOTE=3yearsharehold;734156]
You stated on NSXA announcement , "we are modifying the x4 for mounting into a vehicle" ,Why didn't you just say TRIKE.[/QUOTE]
I am pretty sure in this thread that Brad states it is a CAR and not a TRIKE!!!
Research!!!
[QUOTE=3yearsharehold;734156]
As a Director you have every legal right to comment on share price , e.g. = I am very disappointed at the low price there trading at ! , as this seems fare to cheap !. Show a little sympathy as this would be an every day comment DIRECTORS make under the circumstances !.[/QUOTE]
So if Brad showed you "a little sympathy" you would feel better? Hmmmmm.
Brad has mentioned (again in this thread) that he can't control what price shareholders sell there shares at. He has also said if capital allowed, he would definitely buy more. If a shareholder is not happy with share price movement, he/she has every right to sell and invest elsewhere. Here is Brad's quote again in this thread. Maybe you should read it all and do a little more research before shooting your mouth off again.
[QUOTE=revetec]
If you want to point any fingers for the share price look at the shareholders who are selling, and as the price strengthens they sell again. I'm in escrow and not selling. Even if I could I wouldn't. I can't get involved in the share trading and wont. I have no control over who buys and sells, when or at what price. [B]All I can do is work hard, do the best job I can do, and hope the market responds in the way I hope it will.[/B][/QUOTE]
Maybe some people should let him continue doing his hard work so that everyone can see the end results. This is hardly the place for a disgruntled shareholder (and I think I have counted 3 in this thread) to voice their disapproval at a director about the current share price.
And also remember that if you aren't happy with how things are going and you see better opportunities to invest elsewhere, nobody is stopping you from selling your shares either.
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Hey, TheRaptor, Is that a Paramotor I see as your Avatar?
Do you Paramotor? If so where?
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Chook
If you read Brads latest thread he states a TRIKE .
NOT MANY START UP COMPANIES BECOME SUCCESSFUL WITH OUT GOING INTO DEBIT FIRST! , If Revetec list 50mil more shares at 3c and sold for same this would amount to $1.5 mil, then they could afford more help and possibly secure a loan for same as a mil grant wont stretch very fare .
Brad needs to be very careful what he states , I don't know why he mentioned real-estate ,I've held a million $ on ASX with out owning any real-estate and then there's Trust accounts ect .
People wont and you don't care what I say , but what Brad said a year ago can come back at him in 5 years time.
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[QUOTE=3yearsharehold;734223]If you read Brads latest thread he states a TRIKE .[/QUOTE]
Brad earlier answered someone else's question regarding whether they have tested the engine in a vehicle and he stated that they had previously tested it in a trike. He also stated that would mean that the trike is also part of the X4 development. No need to be an Einstein to figure that out.
And if you did RESEARCH and read the NSX annoucements you would have read this:
[COLOR="Blue"]The next stage of testing involves [B][SIZE="4"]modifying the engine for installation into a car[/SIZE][/B] so that the fuel consumption (Litres per 100km) can be independently certified, by undertaking testing of the engine under Australian and International guidelines.[/COLOR]
Maybe look in your dictionary and find out what RESEARCH means.
Do you get spoon fed? :rolleyes:
[QUOTE=3yearsharehold;734223]
If Revetec list 50mil more shares at 3c and sold for same this would amount to $1.5 mil, then they could afford more help and possibly secure a loan for same as a mil grant wont stretch very fare.[/QUOTE]
You complain about the share price and then you want them to dilute the shares another 20% at a very much undervalued price to develop a manufacturing plant to develop 250 engines in year one. :rolleyes: :rolleyes: :rolleyes:
Here's a thought. Why don't they finish the current testing phase (which is a matter of weeks away), see if the figures that they are hoping to achieve come to fruition, sign a deal with one or both of the large manufacturing companies that they are negotiating with (and have mentioned if you bothered doing ANY research) and maybe they wouldn't have to raise any funds by selling and diluting shares and the share price would go up and you would be happy.
[QUOTE=3yearsharehold;734223]Brad needs to be very careful what he states[/QUOTE]
I think you just need to be more careful what you read. Actually starting to read a bit would be a good starting point.
Thank God you aren't a director because with your business sense many would have been out of there ages ago.
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Chook
I was speaking for other share holders .
I wrote my losses off on asx gains , not everyone had or has that option .
Are you ASS-uming the largest companies in AUSTRALIA are so large they don't raze more capital to expand . BHP where buying there own shares back 8 months ago including the managing director because they where trading so low, now there up 50% .
I do read , and Brad answered Trike ! If it's a car as announced on the nsx maybe he should edit quote #717 , or maybe the engine is going in both.
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[QUOTE=3yearsharehold;734157]You stated on NSXA announcement , "we are modifying the x4 for mounting into a vehicle" ,Why didn't you just say TRIKE.
What assumptions? Maybe you should hold your tongue , I didn't mention your name did I ! We realize and appreciate how hard your working , paying your self less than a 20yr old mechanic at the local garage ! , But your comments should be left for Charles to proof read before you say something that back fires.
Your escrowded from selling anymore shares until January , this has no affect on Directors or immediate family members from buying more.
As a Director you have every legal right to comment on share price , e.g. = I am very disappointed at the low price there trading at ! , as this seems fare to cheap !. Show a little sympathy as this would be an every day comment DIRECTORS make under the circumstances !.
You have everything to do with TRENDS OF TRADING ,your the director and people DO read your announcements ,every few months you seem to have forgotten what you previously announced not rectifying last.[/QUOTE]
Firstly at the time we announced that we were putting it into a vehicle we hadn't received the trike and we were considering a car at the time of the announcement. So at the time the comment was accurate. GTM has now supplied us with a new trike, so we are now fitting it to that. Some things do change on a day to day basis and one of them is the vehicle we are first trialling the X4v2 in. This in no way means that we are not fitting it to a car after that.
[B]Here are a few images of the X4 in the trike spaced out to the X4v2 dimensions as I was making the exhaust.[/B]
[IMG]http://i84.photobucket.com/albums/k6/revetec/X4intrike2.jpg[/IMG]
[IMG]http://i84.photobucket.com/albums/k6/revetec/X4v2Exhaust01.jpg[/IMG]
[IMG]http://i84.photobucket.com/albums/k6/revetec/X4intrike.jpg[/IMG]
I'm sorry to say that financial situation of my immediate family is neither my business or anyone else's, so I can't and/or wouldn't comment.
I do think that the current share price does not reflect the technology, and I am disappointed by people selling shares at the price they are. I'm working hard to get this engine up and running, and I hope the share price will reflect all the work that is being put into it.
I keep an eye on the share price and like most companies on the stock exchange, when a good announcement is made the shares may rise or fall as a result. Why it falls when a good announcement is made is strange to say the least but it regularly happens. The last announcement said that we achieved a very good BMEP figure, and the share price dropped. I don't know who is trading but I am disappointed with that type of trend.
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[QUOTE=3yearsharehold;734223]If you read Brads latest thread he states a TRIKE .
NOT MANY START UP COMPANIES BECOME SUCCESSFUL WITH OUT GOING INTO DEBIT FIRST! , If Revetec list 50mil more shares at 3c and sold for same this would amount to $1.5 mil, then they could afford more help and possibly secure a loan for same as a mil grant wont stretch very fare .[/QUOTE]
So what you are saying is that the Directors should support a low share price by selling shares at 3 cents? The Directors not only don't support such a low share price, the shareholders would not like the dilution in shares. It's this type of situation that hopefully will be rectified when we release the next round of figures from the X4v2.
Again: I am always available to take calls if anyone wants to discuss in depth some of these matters, just bare in mind, do not try to ask me anything that you know I'm not allowed to, or not able to answer. Any questions asked to me that I can sense is in any way risking me to divulge information that is not in the public domain and that could lead to any type of insider trading, I will finish the call immediately. My mobile is 0433160643
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Why are you installing the engine into a car/trike to get economy figures? I thought you've learned by now that the only non bullshit economy figures anybody wants to hear about are BSFC figures, you don't even need to go through the trouble to install it into a car to get those all you have to do is plot the duty cycle of the injectors against the dyno sheet.
Is it really that difficult to do?
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jrobson ... and since when did you know the wishes of all of the rest of the planet ?
Please keep your snide comments to yourself and let Brad get on and report back what he feels able to.
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[QUOTE=jrobson;734253]Why are you installing the engine into a car/trike to get economy figures? I thought you've learned by now that the only non bullshit economy figures anybody wants to hear about are BSFC figures, you don't even need to go through the trouble to install it into a car to get those all you have to do is plot the duty cycle of the injectors against the dyno sheet.
Is it really that difficult to do?[/QUOTE]
Before the engine is installed into the trike, the engine will be tested on the dyno for power torque and economy (fuel consumption) for benchmarking. I don't really think I have to post a daily blog of everything we are doing or planning to do.
I came into this forum to enlighten everyone on the workings of the Revetec engine and to answer questions on the technology. There has been few questions on this over the last three months so what I set out to do, I think I have achieved. I've got a very busy couple of months coming up, so I don't think I can contribute anything more here, other than defending the stirrers.
Best of luck everyone.
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Revetec
Brad , Don't you think TRIKE & not CAR is price sensitive , and should be disclosed to all share holders as less than 1 % know of this forum !, as some share holders could alike this to funding a Geology team looking for fossils in pit A to find out three months later they were looking for Uranium in pit Z.
Do you believe information like this can't warrant a trading holt. The last one coursed by shares trading at 6.5 cents . Don't forget your a Director and one share holder , YOU don't own revetec.
Maybe revetec have been sponsored by coke , or is that for independent testing ? You should be standing in front of the trike with the coke in one hand , bend your knees , and stick your thumb up.
Lift your game and concentrate on the motor and let someone else direct revetec.
A small tip, contact the NSXA AND ASK IF THIS ACCOUNTS FOR A HOLT ON TRADING!
You maybe surprised !
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Chook
Chook ,Maybe you should explain to Brad , In your own words about having "Quotes proof read". as fare as nsx announcement , choose your words more carefully "VEHICLE" SHOULD HAVE BEEN USED as in quote #579 .
AND NOT JOKE about what car its going in heee heee heee !!, as people have put millions into this .
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[QUOTE=3yearsharehold;734375]
By the way a CHOOK could work out you don't believe everything you read ! , the last one I sore had two little feet , shit around its ass , a small head with a brain the size of a pea.
Are you buying at lows as there is plenty of them , or are you on the doll and broke in this booming country , you probably have the bid on for .002 cents , if that's the case and they do trade that low I will burn my holding statement before selling to you!.[/QUOTE]
Your comebacks are phenomenal. I wish I was witty as you. You really know how to hurt a guy.:rolleyes:
3yearsharehold you have shown us that you can't read or write for that matter, so I suppose my pea brain is somewhat larger than yours.
Let me assume your profile seeing you ASS-umed mine. From your posts, it appears that you were one of the people that paid $1 each for your shares (BTW don't assume I did ;)) and are now bitter and looking at someone to blame for losing 96% of your money. You basically sound like your ASS has been exposed. :eek: That's a shame for you and others but hopefully you will make your money back soon. Atleast I am confident that it is possible and I don't blame Brad for the current low share price. But some people show lack of credibility and integrity in life and rather than accept that they may have made a bad judgement error themselves, they have to justify their mistake by blaming others. I have pity on people like that because it is usually reflects on the type of people they are.
There is a place and time for shareholders to discuss company matters like share price; usually an AGM. Brad has even given out his personal mobile number to discuss things like that. A public forum is probably not the ideal place and I don't think I have ever read such attacks directed at a company director in another forum. Brad has come onto this forum to discuss matters concerning the engine itself. Some people can't believe what he claims the engine can achieve and he has tried to explain it to the best of his ability without putting himself or the company in a position to damage confidentiality agreements with potential clients. Time will tell when the results finally come out. I don't think people really care about reading posts from impatient whinging shareholders who have nothing constructive to add.
Brad is a director and founder of Revetec. He and the other directors own over 50% of the company, so I suppose they own more of Revetec than you and I. They are the ones in the position to make calls on the direction of the company and make the business calls. Hopefully they show a bit of intelligence not to dilute the shares 20% at $0.03. :rolleyes: Nobody else knows what they are doing in terms of deals and at what stage the engine is at. If you are not happy with the direction of the company and have no confidence in the share price rising then you have the option of selling and offsetting your losses against those millions in gains that you make.
BTW I rang Ford and asked them if they are prepared to sell their manufacturing plant with all the machinery and taking care of all their employees for $1.5M. All I got was a laugh and then they hung up.:rolleyes:
Good luck to you. You are now on my pest (ignore) list.
[QUOTE=revetec]Here are a few images of the X4 in the trike spaced out to the X4v2 dimensions as I was making the exhaust.[/QUOTE]
Brad - the engine on the trike looks sensational. I'm sure Shane is rapped. Good luck with the testing. If you need a test driver, let me know :D