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Good to know, thanks :) I'm going to ride this out. I want taht money
Just to see what would happen, I placed a sell order for 1.5 million shares at 0.0001. After it didn't trade for five minutes, I cancelled it. This is the first time my 0.0001 sell order didn't execute immediately. BTW I didn't really want to sell them, I was just curious. I have never had trouble placing buys or sells on RCCH.
so no income. do you know what they do? what is actually owned by rcch?
has rcch made you any money for the years invested?
this is as they called a shell game
without money too many shell game
i disagree
Criminal case involving RCCH because Gendarme illegally and fraudulently sold 2.1 B of their stock into the market. You are really grasping for straws here.....just gets more laughable the further you stretch LOL
do you really beleve this....
Yes, the Investors are the true victims of_this_CRIMINAL_CASE_INVOLVING_RCCH
Yes, RCCH’s involvement with this Criminal Case is also a Crime against the Investors who are... the ultimate victims.
Thanks for bringing this to our attention!
Yes RCCH was a Foolish investment….. Maybe a lesson was learned by the unseasoned…
Yes, RCCH is a SCAM….
If You Own RCCH….
You’ve Been SCAMMED
No idea if they have income, but we certainly are a popular board and I did see last week that we were all millionaire @ .50
Criminal trials with victims will ALWAYS mention, discuss and refer to the victim and what the criminal did to the victim. Gendarme is being tried as the criminal. RCCH is the victim.
I wish people would stop twisting things for their own ovbious reaons.
DD
any idea if rcch has an income?
Yes, the SEC documentation for the Criminal Trial_Involving_RCCH_discusses_RCC_Holdings numerous times.
This image is taken from page 8 of the SEC Criminal Complaint discussing RCCH :
Clearly you can see that RCCH is Involved.
Also, thanks for agreeing that:
"This won’t be Vernon Gene Newton’s (RCCH CEO) first Criminal Case."
See: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73484333
Yep...You’re right when you say he’s a Crook and RCCH is a SCAM
Yes RCCH was a Foolish Investment….. well.....live and learn.
Yes, RCCH is a SCAM….
If You Own RCCH….
You’ve Been SCAMMED
any CEO who would quietly sell 2.1 billion shares BELOW .0001 is obviously acting contrary to shareholders' interests. it's gutter tactics like this that paint the obvious picture here.
and the fact that newton is TOO STUPID to put out a SUCCINCT, nuts-and-bolts PR that simply tells the public what lines of business are active (if any) and producing revenue, (if any) etc.
it's simple. he doesnt do the simple, obvious pro-shareholder stuff, but he DOES do the things that spit in our faces, devalue our holdings and keeps us in the dark.
what's there to understand?
You mean the Criminal Trial against Gendarme brought by the SEC, right?
The Criminal Trial involving RCCH is set for_July_2013
Source: https://viewer.zoho.com/docs/sb3Pcd
This won’t be Vernon Gene Newton’s (RCCH CEO) first Criminal Case.
See: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73484333
RCCH will go Nowhere for another Year and a Half….
Looks like investing in this RCCH-SCAM was a mistake…...so sorry....
Yes, RCCH is a SCAM….
If You Own RCCH….
You’ve Been SCAMMED
you got that right OP
don't change from that position Newton was no good from the start
Who brought? somebody needing a tax/writeoff
Answer: Anyone that was willing to Pay TOO MUCH for the shares in the RCCH Scam run by Gene Newton.
jmo
ON TOPIC: WHO BOUGHT THE 10 MILLION SHARES YESTERDAY??
RCCH has NO BID. You can't sell if you tried.
jmo
Dont know exactly right now, would like to see more what comes from the court dealings. If it looks good, I'd buy, if it drags on I might sell a lil to play other stocks, I just hate to give up here after so long.
which mod put that 319 share trade in the i box? would YOU pay that much?
Question: What did Gene spend the $105,000 to $140,000 he got from Gendarme on??
2,100,000,000 x $0.00005 = $105,000
Inquiring minds want to know.
jmo
are you buying more? or selling if you find a buyer @.0001?
how long have you been holding rcch? 2, 3, maybe 4 years?
what has gene done for your investment?
it's obvious that Gene Newton has basically deceived us....based on his total fiduciary failures, and the idea he would
sell so many shares FOR UNDER
.0001 - it's OBVIOUS.
his leadership on this PATHETIC
DTCC chill/lock has been
pathetic. other
ceos could/would have done
so much, much more for
their shareholders.
on face value,
newton as ceo
has skrewed us and
anybody that cant see
that is, unfortunately,
in denial.
i mean, seriously,
look at the track
record here.
i wish i could meet this punk in person - he has been and acted NO BETTER than
a 2 bit punk thief.
i prefer to sell my rcch stocks
i am not interested in this company
Good for you, best to you in your leaving.
I am staying.
i am trying to sell all my rcch holding
i don t believe mushroom salad written here
regards
luc vuillermoz
NO ONE knew RCCH's existing share structure better than Gene.
Gene would have known if Gendarme was violating SEC rules better than Gendarme or even Gendarme's attorney.
I wouldn't give the TA a free pass here either.
jmo
I would agree that RCCH has not been charged YET. IMO, newty is guilty with allowing the shares to be sold without a restrictive legends regardless of an opinion letter from the purchaser's attorney. Newty probably didn't run it by his legal counsel who most likely wouldn't of let newty do it.
Also, newty did not ensure that Gendarme filed the form required by owners of greater than 5%. Those shares representative at least 21% of the company and probably more depending on the o/s.
Also, in Gendarme's response to the Complaint, they state that they did substantial due diligence on each of issuer's. I think it is important for the SEC to delve into what DD they did and see the basis upon which they were making a long term investment. Wonder if they received inside info and traded on it.
Also, in the response, the state that they sold the issuers shares due to, and I summarize, negative information. Again, what info was this? HHmmmmmm
Finally, the defense counsel will need to throw issuers under the bus to support their case. That is why it is important that they know all the dirt on newty.
I forget the date that depositions need to be completed, but it is this year. As such, it is important that everyone email all the attorney's with the above info, and all the false and misleading releases put out.
As importantly, let them know that they should look at the timing of the RCCH sales compared news releases newty made. That could be an very, very interesting exercise.
So in case anyone misplaced the contact info, here it is again.
MARC J. FAGEL (Cal. Bar No. 154425) ROBERT F. KRAMER (State Bar No.
MICHAEL S. DICKE (Cal. Bar No. 158187) 181706)
ROBERT L. MITCHELL (Cal. Bar No. SNR DENTON US LLP
161354) 525 Market Street, 26th Floor
mitchellr@sec.gov San Francisco, CA 94105-2708
JEREMY E. PENDREY (Cal. Bar No. Telephone: (415) 882-2416
187075) Facsimile: (415) 882-0300
pendreyj@sec.gov robert.kramer@snrdenton.com
44 Montgomery Street, Suite 2600
San Francisco, California 94104 Sam P. Israel (admitted pro hac vice)
Tel.: (415) 705-2500 SAM P. ISRAEL, P.C.
Facsimile: (415) 705-2501 1 Liberty Plaza, 23rd Floor
Attorneys for Plaintiff New York, NY 10006
SECURITIES AND EXCHANGE Telephone: (212) 201-5345
COMMISSION Facsimile: (212) 201-5343 smisrael@aol.com
Attorneys for Defendants GENDARME CAPITAL CORPORATION, IAN LAMPERE, EZAT RAHIMI, and CASSANDRA ARMENTO
RCCH needs to capitalize on it. Something RCCH is not very good at.
Thanks Castell,
RCCH has this exact problem, Gendarme illegally issued shares according to the SEC, and the DTCC took it out on the company and issued a chill. It happens a lot, at least we know the company can appeal to the SEC and get trading resumed proper thru all brokers. This one company mentioned is a non-reporting pink like RCCH, so a precedent has been set by the SEC.
RCCH just needs to capitalize on it.
Great post! Now lets get this chill RCCH.
GO RCCH
Companies like RCCH now have a way to get the chill lifted,
according to this new SEC ruling:
http://www.reversemergerblog.com/2012/03/19/sec-orders-dtc-to-adopt-fairness-procedures-on-suspensions/
SEC Orders DTC to Adopt Fairness Procedures on Suspensions
Last Thursday, the SEC ruled In the Matter of the Application of International Power Group, Ltd. for review of action taken by Depository Trust Company or DTC. When the SEC started a case alleging, among other things, sales of unregistered securities by IPG (but neither IPG nor its officers or directors were named), the DTC suspended its electronic trading capability. Two years later the SEC has now ruled.
Essentially, the SEC ruled that IPG is a “person” entitled to a fair and orderly procedure, including a hearing and the opportunity to appeal the matter to the SEC, with respect to the suspension. DTC tried to argue that IPG, since it is not a broker-dealer “participant,” was not a “person.” They also ruled that DTC “did not provide IPG with adequate fair procedure in connection with the suspension.”
More importantly, the Commission also directed DTC to “adopt procedures that accord with the fairness requirements of [the Securities Exchange Act] , which may be applied uniformly in any future such issuer cases.”
This ruling is good news for issuers facing a so-called DTC “chill.” It is now clear they have standing to insist on a proper and fair hearing, and the chance to appeal to the SEC if they are not satisfied.
4 years and you are waiting till next month? dont you believe the hype?
IF you actually wanted to buy, you would of.
why wait to buy? 4 years should be enough time.
Go-Gold, What Broker do you use to buy RCCH with?
Last News for IWS/RCC were announced at 25th of April last year!
..hope to see sth. more up to date there soon!
IWS - Home
RCC HOLDINGS (RCCH) SIGNS LOI FOR IWS WATER SYSTEM PROJECT
Written by Administrator
Monday, 25 April 2011 07:00
RCC/IWS to Build 500,000 GPD Plant
Florida April 20, 2011 – RCC Holdings, Inc. (Pink Sheets: RCCH) announced today that the Company's subsidiary, IWS Water Systems, Inc. has signed a letter of intent to build a 500,000-gallon per day plants using IWS technology. Including a smaller temporary plant. The estimated cost of this project is between $4.3 and $5.0 million. The company's customer will manage the construction and operation of the plants using IWS technology and other required subcontractors.
Substantial contingencies remain in the project, including financing and execution of a final agreement. Plans and specifications for the plants have been approved by governmental agencies and a permit has been issued.
“We are pleased to have signed this letter of intent and are reviewing the customer's plans,” said Gene Newton, President of RCC Holdings. “We believe this potential order further demonstrates the demand for our technology and its superior qualities and we look forward to continued growth.“
RCC Holdings, Corp. (Pink Sheets: RCCH) through acquisitions offers consulting, financing and overall business structure in the public and private equity sectors. RCC Holdings, Corp. specializes in finding undervalued small cap and microcap companies with exciting products, services or technology that are poised for explosive growth. RCC Holdings Corp. provides these companies with guidance and strategic counseling to help them succeed. The company' mission is to create value for our shareholders by applying strong technical expertise to strategies that will unlock substantial water, oil, and gas resources in areas where production can be achieved quickly and efficiently
IWS Water Systems offers water treatment solutions in the developmental market, and in the much larger remedial market for rural areas and municipalities.
http://iws.rccholdings.com/
http://iws.rccholdings.com/index.php?option=com_content&view=article&id=4&Itemid=3
Gene could not have known if Gendarme would violate the 5% threshold rules in the future. Gendarme had at least 10 days to inform the SEC of the acquirement of those shares.
Its obvious that Gene must have known that Gendarme was violating the 5% threshold rules. Gene sold them 2.1+ BILLION shares.
jmo
Gendarme did not acquire those shares illegally. Gendarme sold them illegally.
BTW ..are ya allowed to buy RCCH-shares actually? (Me YES!) HEHE (..added another 2.5m last week ..holdin` `em LONG & STRONG!)
was it 2.555,555 shares you bought?
you wrote;Gene KNEW that Gendarme was violating the 5% threshold limits and sold them the shares.
So now you can read Genes mind? get real,how do you know what Gene knew and when???
Gene had a DUTY as CEO to ensure that those buying shares from him were not doing so Illegally.
Gene KNEW that Gendarme was violating the 5% threshold limits and sold them the shares.
jmo
..will add some more of those .0001`s this month or early next month if there should be some left then!
Good plan I think the .0001`s are just about gone,they would not short this at this point in the game,to many eyes on this. RCCH is so hot we must be ready to move!!!!!!imo.!!!!
So you are saying that it is Gene Newton's responsibility to make sure that others follow the law? Get real!
This is what happened to RCCH:
The warrant agreements represented to issuers, among other things, that Gendarme was purchasing shares for investment purposes only – a term commonly understood to mean not for the purpose of resale. Armento expected Gendarme to exercise the warrants and purchase the shares, but drafted the warrant agreements without determining what Gendarme intended to do with the shares it would purchase.
28.
From at least early 2008 to at least mid-2010, Armento drafted more than 50 opinion letters for Gendarme. In the letters, Armento opined to transfer agents that Gendarme had acquired the shares in transactions exempt from registration under Rule 504 of the Securities Act and share certificates could be issued to Gendarme without a restrictive legend.
http://www.sec.gov/litigation/complaints/2011/comp21798.pdf
Except EXIM Bank has no dealings with RCCH or any sub of RCCH.
lolol
jmo
WRONG ... RCCH is complicit. Gendarme violated the 5% threshold rule as well, Gene KNEW IT, and Gene continues with the share issuance.
GENE IS AN ACCOMPLICE.
jmo
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RCCH is now Caveat Emptor (skulls and crossbones) on OTC Markets
ABOUT RCC HOLDINGS CORPORATION
"RCC Holdings, Corp. (OTCBB:PK RCCH) through acquisitions offers consulting, financing and overall business structure in the public and private equity sectors. RCC Holdings, Corp. specializes in finding undervalued small cap and microcap companies with exciting products, services or technology that are poised for explosive growth. RCC Holdings Corp. provides these companies with guidance and strategic counseling to help them succeed. RCC Holdings Corp. is currently in negotiations with several companies which meet these criteria.
The company' mission is to create value for our shareholders by applying strong technical expertise to strategies that will unlock substantial water, oil, and gas resources in areas where production can be achieved quickly and efficiently"
Phone Number: None Confirmed
Company Address: None Confirmed
Website: http://www.rccholdings.com
Share Structure:RCCH Shares A/S 10 Billion RCCH Shares O/S Gagged T/A | Transfer Agent Securities Transfer Corp. http://www.stctransfer.com/ e-mail: help@stctransfer.com 2591 Dallas Pky. Suite 102 Frisco, TX 75034 Phone: 469-633-0101 Fax: 469-633-0088 |
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