Readen Holding Corp. (RHCO)

[CoodBMoney]

Expecting a PR next week regarding developments in current businesses.

Earnings will be ready and out in about 10 days.
Will they show a 4th Quarter in a row of record Rev. and Profit???
Sept. 2022 Net Income of +$54,316
Dec. 2022 Net Income of +$822,343
Mar. 2023 Net Income of +$1,886,501

[Giffy]

It seems as if we have some buying from Asian markets where in the past we haven’t had much. Buying tapers off after 10-11A.M. ET. Hopefully we see more next week or a PR of some sort. Either way this past week has been exciting and definitely shows how RHCO can move with some volume. Imo it’s exciting to see they have believers where they are doing more business. Time will tell.

[CoodBMoney]

3 days straight of trading volume over 10X daily average. Too bad most penny stocks sell-off on Fridays. Maybe trend will continue next week and perhaps we can get a PR.

[koolmc]

nice finally in the green

[CoodBMoney]

6 weeks or so ago I asked Ron if anything was happening with the "Angelo Mermer" investment (Turkey's largest holder of marble reserves. Operates an onyx marble mine). As previously stated, they have already shipped a large amount to China for evaluation/inspection. He said they "hoped" for news soon that would result in a significant contract.
www.angelovalentinomarble.com

A few weeks ago I asked about the recent acquisition of the Crypto company and how that would effect the previous plans for RHCO to have their own Crypto Coin (since I bought some in the CPO). He said that is still the plan and they plan to be doing work on that in August as they were currently working on other parts of that technology.
Hoping there may be news soon about either of these holdings and maybe that is the cause of recent trading volume.
Still watching and hoping they get all the moving parts put together..

[jaxflguy]

Yep, you are correct. Just checked again. Hopefully they are moving in the right direction

[trading.jeff]

I'm seeing 621.7K shares traded. Buys outnumbered sells by more than 2:1. We might know in a day or two if this is for real and not a group P&D'ing it.

$RHCO

[jaxflguy]

Am I seeing that right? 670k shares traded today?

[trading.jeff]

$RHCO Heaviest volume in a year and it's just lunchtime on the east coast. Is someone taking notice?

[CoodBMoney]

A little action in SP. I hope I had a part in helping it happen. God knows nobody else seems to try, especially management. However, they are working on several things that might result in good news over next few weeks. As a holding Co. they have a lot of moving parts and currently not enough staff to work on each company in their portfolio. What I can say is there is no way this company should have a market cap of less than $8 million...

[CoodBMoney]

Exactly, (and most of those posts you saw was me), I have owned this stock for many years and have repeatedly stated it is virtually Unknown in the U.S. Unless and until it is "discovered", not much will happen because very few of the shareholders in Europe or South East Asia, trade stocks (at least not Penny Stocks).
If this was a US listed stock, it could easily be trading at $1.00 +++. GLTA !

[trading.jeff]

Not much there either. I scrolled down from the top and after 6-8 tweets, I was in early May.

$RHCO

[CoodBMoney]

Besides OTC markets and Twitter, there is also:

https://stocktwits.com/symbol/RHCO

[CoodBMoney]

I'm talking about the crypto crowd that I have tried to introduce this information today.
This companies biggest problem is its PINK status. If they do finally get an OTC uplist. There should be alot more interes in the stock..

[trading.jeff]

Do you mean the eyes of those other than the people who read otcmarkets.com and Twitter? $RHCO's Twitter feed has 400 followers. Not sure how many people are glued to otcmarkets.com. I'm thinking either of prnewswire.com and globenewswire.com reaches a lot more than 400 people.

[CoodBMoney]

Hope this new acquisition catches the eyes of a different crowd. Time will tell>

[trading.jeff]

$RHCO is pleased to announce the acquisition of prominent Czech based crypto company Finexeble. Finexeble hold a much coveted crypto license which along with the company's expertise, will help launch our Readies payment solution to the next level. https://t.co/MEmpHqDb6Q

— Readen Holding Corp (@ReadenRHCO) June 21, 2023

PR is in the tweet. It's been posted on otcmarkets.com. It's not on Yahoo Finance and am not sure if it's anywhere else. Would be nice if the company used a PR disseminating company to get the word out whenever they have a PR.

$RHCO

[jaxflguy]

I'm thinking about picking up a bit more as well.

[CoodBMoney]

Well, just in case something does happen, I went ahead and bought more today. Since my average was less than .05, @ less than .02 it only helped me get closer to break even. Guess we will see. Eventually

[CoodBMoney]

"Some more information regarding our revamped Readies. We're incredibly excited for this, and will be releasing more information over the coming weeks." $RHCO

https://twitter.com/ReadenRHCO/status/1666732528969949184/photo/1

[Doornz85]

The problem they had with any hype was it just created a pump and dump. Once that happens a few times it makes people weary I think.

[jaxflguy]

Makes sense and thanks for clarifying. Hopefully they have positive developments

[CoodBMoney]

Jax. not saying they were trying to "hype" the stock, (although we would all like to see SP higher). When I was asking Ron about lack of trading volume, he said they spent a lot of money last year promoting the stock and it did not help. Therefore, they are not going to release BS press releases just to try and increase the SP. But, when anything significant does happen they will release that info. Still, the main thing needs to be an uplisting on OTC. they feel that is one of the next big things to come for the company.

[jaxflguy]

Glad to hear they're not going to hype the stock.

[CoodBMoney]

Good possibility of news soon regarding nice contract deal. However, at this point consider this a rumor!

Depends on things that have been in play for awhile and still might not happen.
Management said they are not going to release B.S. announcements or promotions just to try to increase SP. So, if something significant happens they will release that news.
Still, over last 3 quarters company reported huge % increases in net income.
Sept. 2022 Net Income of +$54,316
Dec. 2022 Net Income of +$822,343
Mar. 2023 Net Income of +$1,886,501
At today SP, company only has about 7 million market Cap. ???
Amazing to me the current SP.

[Giffy]

Gives me time to grab a few more here and there when funds allow. At some point this will be found and the volume will come. It’s already way undervalued. The otc is a ghost town. I feel lucky to be able to grab shares here at these prices. I mean the company is making money and growing rapidly. I could be wrong here but I’m sitting on mine and adding when I can. I actually feel comfortable being patient here.

[CoodBMoney]

Great earnings report. But!

Certainly did not resulted in any buying from our friends in Southeast Asia, (Singapore, Hong Kong, etc.) or Europe, (Netherlands, Belgium) where Nerckerman is located and doing business.
When uplisting on OTC finally happens, we had better start seeing some trading volume or additional news that is equally encouraging that might convince current shareholders to keep holding what few shares they own.
Sept. 2022 Net Income of +$54,316
Dec. 2022 Net Income of +$822,343
Mar. 2023 Net Income of +$1,886,501
Seems company is doing what they said they would do and profitable earnings that are increasing is what one would hope to see. However,
The stock trading at $.02 is beyond ridiculous.

[Doornz85]

Earnings posted

https://www.readenholdingcorp.com/news/filing-of-march-31%2C-2023-financial-statements-with-otc-markets%2C-revenue-up-72%25%2C-earnings-up-129%25

[CoodBMoney]

New Revenue Stream announcement.

"It is projected that in 12 months, Readies will generate between 50M to 100M EUR in revenue "per month", with an average profit margin of 1% to 2%. "

https://www.readenholdingcorp.com/news/the-launch-of-all-new-readies-3.0%2C-an-evoucher-payment-system-utilizing-blockchain-technologies

[trading.jeff]

We will be releasing our latest earnings early next week $RHCO. More news to follow. The lack of updates have not been through lack of action in the background. We are as busy as ever and look forward to sharing our hard work.

— Readen Holding Corp (@ReadenRHCO) April 26, 2023

$RHCO

[CoodBMoney]

Latest news
https://www.readenholdingcorp.com/news/neckermann-direct-enters-american-markets

[CoodBMoney]

That has been rather obvious. I thought maybe there was an obstacle I was not familiar.
Seems there just may not be many Investors in that market that can afford a $.02 USD stock.
Certainly there is, as Hong Kong has one of the highest % of residents that own stock in the world.
Hopefully something good will happen soon!

[trading.jeff]

If HK and Singapore investors can buy $RHCO, doesn't mean they are.

[jaxflguy]

Thanks for passing along. Had hopes for this stock...

[CoodBMoney]

Finally got answer to my question regarding if Hong Kong/ Singapore, et al., investors can invest in US OTC Pink listed stocks (without special account).
Ron S. Says they can. But no China Citizen can.

[CoodBMoney]

I have questions asked to Management and am waiting for answers.
I do not know (but am hoping for an answer soon), I really do not think investors in Hong Kong/ Singapore, et al., are able to purchase shares of an OTC Pink Listed stock without setting up some sort of special account or at least jumping through hoops that makes it impractical for most invests to even consider.
I think this is why up listing on OTC is so important.
Fact the company is generating revenue that is funding daily operations and actually showed a profit last filing, is unique for a penny stock.
The current SP is a joke and I have been picking up a few with limit orders that do not get filled as often as I would expect. Problem is, virtually no trading volume.
These quotes are almost meaningless as they are based on a few $$$$ worth of shares.
Like to see someone try to buy 500K or 1 million at market and see what happens to SP.

[CoodBMoney]

Well if you do not want to support your stock SP, this is a textbook example. Make a few positive PR's but none of your insiders buy. Nobody else outside the U.S. seems interested, and why would anybody in the United States buy or buy more when there is clearly no buying interest anywhere?
I still think the company is working to grow and since they are generating revenue, they should be safe from total bankruptcy. But how long do we wait. Not even any Twitter updates recently whey they were using that platform for a few months.
Just totally frustrated with this whole team.

[jaxflguy]

Thx

[CoodBMoney]

Well, got an answer about Web site being down a week or so ago. Ron S. (former CEO,,,,,,, and if I fully understand the answer), said the company was consolidating their service to one provider.
I had suggested the possibility that it was because the company was changing it's name to better reflect its current business interests (what I would do). However, seems that is not the case.
Sure would be nice to see some buying interest from some of those that are "not" in the U.S., but seem to be expecting U.S. Investors to bail them out..


























USU

[trading.jeff]

We are back to current $RHCO https://t.co/f73TpYKh8X

— Readen Holding Corp (@ReadenRHCO) March 9, 2023

https://www.otcmarkets.com/stock/RHCO/overview

$RHCO

[jaxflguy]

Agreed!

[CoodBMoney]

Glad to see (company) is working towards something! .Maybe more news regarding all they have been promising would help.
News! updates! Anything!!!!!

[trading.jeff]

On another note, currently RHCO is labeled a Yield Sign (Pink Limited Information), it was due to new filing rules required by OTC Markets. As all new information has been filed, RHCO is expecting the Yield Sign to be taken off very soon.

$RHCO

[Peter28]

Readen Holding Corporation (OTC Pink: RHCO) Announces Office Relocation of E-Commerce Division and Opening of New Warehouses in China and Hong Kong

https://www.readenholdingcorp.com/news/office-relocation-of-e-commerce-division-and-opening-of-new-warehouses-in-china-and-hong-kong

[CoodBMoney]

Thanks. At least the website is back up.... A little news would be nice!!!!!!

[CoodBMoney]

So today Readen Holding Website does not work.
Asked company if this was the "extra" news that was announced but delayed and if the company was changing its name to better reflect the future of the company, thus changing the website domain name to match.
Or, did someone just forget to pay the bill??????
Guess we will learn soon.

[CoodBMoney]

Not good for investor support when you promise a big announcement and do not deliver. Then you announce it will be delayed and still do not deliver!! (You still have Two days) Then I guess you can say it will be delayed again. OH! did you notice that promise did almost nothing for the share price???? To bad if that was the purpose. I'm waiting! Many others are also. But we are not buying. Why should we????

trading.jeff
Monday, February 13, 2023 9:34:06 AM
Earnings are filed. Revenue Up 152% and Earnings Up 1,414% from last quarter. We are showing serious growth and will be sharing an important development later in the week.

We promised more news this week however we are slightly delayed with the announcement. It's worth the wait! $RHCO
2:52 PM · Feb 17, 2023

[trading.jeff]

Might be good in their opinion, but they are not impartial. I hope they are right, but shareholders will be the ultimate judges.

$RHCO

[koolmc]

say it's worth the wait so def something good.

[koolmc]

thanks