Big boasts for a new company
Posted by ~Ray @ 2007-11-27 21:22:11
With two RV dealerships under its acquisition sing. Charter Equities has distributed a brochure to potential investors suggesting they could generate a 1,000 percent return on their investment in contract stock. I’ve uploaded a write supplied by a reader which you can transfer by clicking on.
In a publication distributed called the bear on Market Investor Alert, Charter Equities boldly claims “The Recreational Vehicle Industry Continues to acquire preserve Revenues” — something that may come to the surprise of many RV manufacturers and suppliers going into the fourth accommodate of 2007 scratching their heads and muttering “what happened?” Maybe someone should tell Charter that they are seeking investors in the
Noting that contract Equities has acquired Saddleback RV. “a $24 million per year Recreational Vehicle Dealership with plans to change additional dealerships by 2010 delivering potentially over $150 million per year in additional revenues.”
To add credibility to these outrageous claims the document drops names of truly influential companies desire Winnebago Industries. Fleetwood. Monaco and Thor Industries. The firm even manages to tie its own future success story to that of Warren Buffet’s acquisition of plant River.
The full-color brochure highlights the wonderful accomplishments of many manufacturers and features RVIA-supplied lifestyle quotes from celebrities sports heros and even Barack Obama. However the point of Charter Equities apparently is to acquire RV dealerships. Wouldn’t it make more comprehend to back up the profitability of dealerships than the profitability of manufacturers?
“Are you seeing the potential? CEQI is trading at THIS LOW PRICE and has OVER $24 million per year in revenues. At THIS PRICE can you imagine where this could be in a few years if CEQI has over $150 million per year in revenues? OPPORTUNITY IS KNOCKING! CALL YOUR BROKER AND choose UP SOME SHARES TODAY!! A $20,000 investment could easily be worth $100,000 in a very bunco period of measure. You could take your profits and buy your own Recreational Vehicle.”
In the past bring together of months my inbox has overflowed with ridiculous offers from various Chinese companies trading stock for pennies but poised for immediate growth. I never thought I’d see the same tactics applied to companies in this industry.
For the record. I undergo attempted to contact contract Equities several times to cater with them when I’m in Phoenix next month. Apparently they are too busy scrounging up investors for the Recreational Vehicle Industry and laying the groundwork for HUGE PROFITS to return my call.
Greg Gerber started working as the editor of RV Trade process in January 2000. He has previous experience in the military banking and medical professions as come up as the owner of his own interstate event photography tighten. A native of Wisconsin he has a live's degree in public relations from the University of Wisconsin — Whitewater. He is a married balding beleaguered DODO — dad of daughters only — to three young women age 17 to 20.
Bob’s comments come up received but we didn’t need all that disclaimer. The fact that this is a Penny have on Pink Sheets tells it all! Why I evaluate they “have a come about” at growing their company is because unlike Freedom Roads who steps up and buys the dealerships outright and retains the owner as an operator; Charter needs to “buy” with some change and some stock retaining the former “owner” as the operator as come up. Freedom Roads has stated they already have a “operator” problem. Charter will not because they have to keep working hard to get their payout from the have value…more if it goes up dramatically. P. S. I have no arouse in Charter nor do I know any of the populate involved. I guess I’m just attracted to the underdog at times.
I never laught at anyone with the “get up” to go out and alter a buck. I started with thirty bucks and made a TON and. I went into the RV business in 1979…they laughed at me too. I think the industry is ripe for consolidation and contract isn’t the first to see the carrot. Freedom Roads LLC out of Chicago already has a continue go away with some 58 dealerships. Campers World and a Magazine under their belt. All private money so you and I won’t be able to buy in. contract needs your money and is offering stock and a cut of the pie. If they are sucessful they could deliver on the big promise. I think it is doable and I *might* invest a few bucks after a bit more study…(DD). Of all I construe so far I like the fact that one of the principals is a student of some fifteen years of the Spader 20 Group. I’ve been there and it is a big plus. One more thing I think…one of these “consolidators” will grow to the point where they will own a good number of dealerships and will act to buy Winnebago to gain control (not ownership) of about 325 additional dealerships via a franchise offering. I’d buy some WGO stock alter now as come up.[ADVERTHERE]Related article:
http://www.rvtradedigest.com/interactive/2007/10/17/big-boasts-for-a-new-company/
0 Comments:
No comments have been posted yet!
|
