RVM installer no-worky :-(

shell-session

sysuser@li231-239:~$ cat /etc/rvmrc 
umask g+w
newgrp rvm
sysuser@li231-239:~$ bash -x rvm
+ rvm :   126 > shopt -s extglob
+ rvm :   127 > set -o errtrace
+ rvm :   128 > set -o errexit
+ rvm :   130 > export HOME=/opt/standingcloud
+ rvm :   130 > HOME=/opt/standingcloud
+ rvm :   132 > ((  0 == 0  ))
+ rvm :   134 > for rvmrc in /etc/rvmrc '"$HOME/.rvmrc"'
+ rvm :   136 > [[ -f /etc/rvmrc ]]
+ rvm :   138 > command grep '^\s*rvm .*$' /etc/rvmrc

shell-session-20be367

sysuser@li231-239:/opt/standingcloud/rvm$ bash -x ./install 
+ rvm_load_rvm=0
+ source scripts/rvm
++ export HOME=/opt/standingcloud/
++ HOME=/opt/standingcloud/
++ ((  0 == 0  ))
++ for rvmrc in /etc/rvmrc '"$HOME/.rvmrc"'
++ [[ -f /etc/rvmrc ]]
++ grep '^\s*rvm .*$' /etc/rvmrc
++ source /etc/rvmrc
+++ umask g+w
+++ newgrp rvm

VM specs

sysuser@li231-239:~$ bash --version
GNU bash, version 3.2.39(1)-release (i486-pc-linux-gnu)
Copyright (C) 2007 Free Software Foundation, Inc.
sysuser@li231-239:~$ lsb_release -a
No LSB modules are available.
Distributor ID: Ubuntu
Description:    Ubuntu 8.04.4 LTS
Release:        8.04
Codename:       hardy