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TOPIC: RGDE

RGDE 9 years 7 months ago #1346

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[Re: RGDE]
Than you for bringing this stock to my attention.

RGDE has had MANY name changes and reverse splits in the past. If you would have bought 1,000,000,000,000 (1 trillion) shares of this stock back in 2004 and held it, you would now have 1 share after the 7 reverse splits (see calculation below). This equates to the share price going from $20,400,000,000 to the current price of $0.024/share!

Personally, I would not buy this stock even if they paid me to. This company is a disgrace to the Shell Stock / Reverse Merger industry. The only ones that profit from this stock are the owners who sell stock to the public, reverse split it, change its name, then do it again, and again, and again. I would not even call this company a stock ... it is a ‘money incinerator.’

If you heard a rumor that they are going to become some new company, the rumor is probably right. They will probably become whatever the latest fad is … maybe an environment company, or a bio-fuel company, maybe some new drug company that has a cure for cancer, maybe they are going to buy some $1,000,000,000 office complex for $10 because of the sub-prime mess. Whatever they become, I guarantee you that it will be something to entice unexpected people to hand over their hard earned money so the owners can sit around and think of another scheme.

Company Notes
Formerly=America Asia Energy Corp. until 9-06
Formerly=America Asia Corp. until 11-05
Formerly=Vitallabs, Inc. until 10-04
Formerly=Monogram Pictures, Inc. until 5-02
Formerly=ePersonnel Management.com until 10-00
Formerly=Definition, Ltd. until 4-00
Formerly=Stone Grill International, Inc. until 1-95

Current Capital Change
shs decreased by 1 for 1000 split
Pay Date: Jan 9, 2007

Security Notes
Capital Change=shs decreased by 1 for 200 split. Effective date=12-12-05
Capital Change=shs decreased by 1 for 10 split. Pay date=05/10/2001.
Capital Change=shs decreased by 1 for 17 split. Effective date=6-12-02
Capital Change=shs decreased by 1 for 20 split. Pay-date=1-11-99
Capital Change=shs decreased by 1 for 25 split. Pay-date=04-10-95.
Capital Change=shs decreased by 1 for 50 split. Pay date=12/27/2004.

Company Officers
Frank Butler, President, CEO
Michael Butler, Secretary, Dir.

RENEGADE ENERGY CORP.
DATE: November 19, 2007
Darryl Readshaw, President

Calculation of 1 trillion shares and the effects of the seven reverse splits:

(Shares / Reverse Split)
1,000,000,000,000.00 / 1000 =
1,000,000,000.00 / 200 =
5,000,000.00 / 10 =
500,000.00 / 17 =
29,411.76 / 20 =
1,470.59 / 25 =
58.82 / 50 =
1.18


www.pinksheets.com/pink/quote/quote.jsp?symbol=rgde

www.sec.gov/cgi-bin/browse-edgar?action=...ner=include&count=40

Sorry, but you asked. I believe their history speaks for itself.

This is my opinion.
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RGDE 9 years 7 months ago #1345

  • pacmed
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[RGDE]
Anyone heard about this stock - heard the are going to announce within 2 months. Bought by a Californian Development Corp for office buildings.
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