DECATUR, IN -- 07/30/08 --
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
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