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Some thoughts in August as the LONGs waitSome thoughts as the LONGS wait for RCCH to release a PR or file a request to lift the Global Chill. Anvil - Post 110521 NAT, from the previous information I posted regarding the DTC, the best case is the global lock will be lifted 12 months from the date of the Gendarme judgment resolution. For that to happen, Newton needs to request the lifting of the lock and provide proof that RCCH is not a shell, as defined by the SEC. Given the lack of info or activity for the last 12+ months the latter may be hard to prove. But no one knows what has been going on with RCCH. Secondly, as RCCH is a non-reporting company, it would take a long time for the SEC to de-register/revoke it. What could happen, and it may take more time of lack of activity is for RCCH to be suspended and throw to the grey market. The SEC occasionally does this to prevent shells/tickers from being hijacked. Then after a few more years, the registration may be revoked. In summary, I don't think anything is going to be happening here for at least another 10 months minimum. But that is just my opinion. My comment - Rumor has it that Anvil works for a market maker (MM). Would explain some of his/her posts if true. Moment of truth about RCCH. I agree that the best case is for the global lock/chill to be lifted within 12 months from the date (May 23, 2014) of the Gendarme judgment. The ball is now in Gene Newton's and/or Richard Eckstrand's (Dec 2012?) court. I agree with Anvil that if there was a change in leadership at RCCH why was't a filing made? Let me know if I missed it. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82888188 http://www.marketvisual.com/Search/Results?searchString=richard eckstrand ***************************************************************************************************************************** dominator - Post 110692 Re: Rhinegold post# 110665 "Me and others I have talked with encourage RCCH (if they are reading this) to get a PR out to the longs letting us know action is underway to get this trading again." "And how have the PR machine been since genderme ? How has it been for 6 years? Think how pathetic it is that you have to try to communicate( in a stock we hold) over a message board? I just don't know how you or anyone can defend the actions of newton and Rcch. No one has ever answered the question I have asked for years now. NAME ONE LEGIT COMPANY IN THE WORLD THAT HAS ZERO CONTACT INFO, JUST ONE. I know I can't, would love for someone to name just ONE " My comment - I have said before that there is a financial war going on on. Money and information are the bullets. If RCCH goes bankrupt the naked shorters NEVER have to cover. Because they were naked short (no official record of transaction) they will never have to report profit for tax purposes. Selling naked shares from $.02 down to $.0001 involves a very large profit margin. Remember - Wall Street greed is just a figment of mcokpba's fantasy world according to some on the "other" RCCH message board. Not having the reserves to cover a movement from $.0001 back up to $.02 or $.35 would involve a very large LOSS margin. Not hard to figure out the motivation to keep trashing a cellar blocked dead horse no bid no volume pick listed stock for years. When asked, "they" say they are protecting us or emotionally attached (lol) to RCCH. ***************************************************************************************************************************** Wyatt Earp - Post 110528 Re: ThSeeker post# 110524 ThSeeker/ RE: Shell "I do not think RCCH is a "Shell". I received an email and link to RCC Holdings Via an Oil and Gas Company. It would appear that things are going on in the background!! Oh, by the way, as of a couple months ago, Gene was alive and doing well!!! " Wyatt My comment - It does not cost me anything to wait and see how this all falls out. I made the decision to invest my hard earned money in RCCH. (Yes I realize that it is also true that I am committed to the RCCH fight with no ability to sell and there is a lost opportunity cost because of my chilled investment). "It would appear that things are going on in the background." Fear and desperation is the only plausible explanation (choice between altruism or greed) I can come up with as to why the time, effort and money expended by "others" to convince me of the opposite. Bashers aren't compensated for posting on dead stock message boards but stocks that could come back to life or surprise is another story. Off Topic - Saw Hundred-Foot Journey last night. Highly recommended if your significant other (SO) likes "chick flicks." I enjoyed it also. |
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