Hamp, you and I grew up with the pink sheets. They were just that, a book of stocks printed on pink paper. That no longer exists, but the "OTC Pink Limited" is what took its place. It is still highly unregulated and easily manipulated. SEC just does not have the time or resources to properly police this segment of the market. That is also why serious investors will not and professional money cannot invest in this segment of the market. This is why I have said many times, RHCO needs to uplist to at least the OTCQB level. I still do not know if they can make the jump to OTCQX level, but am pretty sure they could go OTCQB. Either way, due to the more stringent requirements, anything higher than OTC Pink would be much better and would open the door to many more investors that cannot or will not consider a "PINK" listed stock...

Perhaps someone can comment on this that is more familiar with how things work today with all the computer systems involved, but I don't think a market maker in the "pinks' has to actually have an order for the shares they are showing. They do have to offer a "firm quote" for the price and shares they are showing. But I don't think it is the same as if you were seeing 1000 shares of Microsoft or Intel that might be routed from an actual buy/sell order for that amount. However I might be wrong, just seems I read that somewhere!

Not so sure the multiple store thing was such a great idea to begin with. Seems Neckermann.com would be perceived as an online retailer so money spent on physical store locations would require big overhead expenses (rent, utilities, etc). That money could have been better spent advertising and promoting the Neckermann.com & d5avenue websites... Hopefully that is what is now happening...

Cannot disagree with that!!! However, what I think is extremely important, is how over the past few weeks simply letting the public know what is currently going on with this company with a couple press releases has had a very significant effect on the stock. Not so much in pps but consistent daily trades and volume. A few new investors/traders have discovered the stock and their decision to make a few trades in the stock have at least made it interesting again.

So, RHCO website has been updated. The d5avenue and Neckermann.com websites for online retail look good and are working well as they have now for months. Most recently added to the website is the Hitting media website described in the most recent press release. In my opinion, if RHCO sees significant increase in revenue from sales, whether or not they are profitable will not matter (short term) and I believe you will see the pps much higher than it is currently..

I spoke with someone awhile ago from Belgium/Netherlands area. Whether true or not they said investors there mainly buy and hold shares and most do not trade. Perhaps that is the concept Ron does not quite understand about our market (that many people trade stocks and do not want to hold for the long term) and cannot account for the amount of shares being traded. This stock is up over 100% in the past few months so I can see some short term traders getting out. Also, with the daily volume being traded, it does not take alot of shares to account for it if some is in fact being turned over...

Hey Hamp, You, I (and a few others) have been trying for the past few years to keep up with and figure out what's "happening" with this stock...!!! You're correct that you have never seen "trading" like this (in this stock). Because there has never been consistent trading in this stock for more than a few days at a time. I for one am very happy to see the daily trading and hope it continues. When people see they can buy but also sell if they want, it makes people much more comfortable in their decision to purchase shares in a company such as this...

Without empirical data I personally cannot make a determination of a price target. However we are talking about a penny stock. The 2-3 major things I am looking at are whether or not the company can show significant growth in revenue with the online retail business. Whether or not the company can uplist from OTC Pink to a higher listing (hopefully OTCQX). But I personally believe at this point the most important issue is how many potential investors know about and/or follow the company. Over the past few weeks we have seen a couple news items and a few new investors come on board and the stock has seen some significant movement.. If more investors discover this company the PPS could still make significant moves based on what is already known about the company and its business plans.

Perhaps you should also point out that what happened today is what you and I knew could, should and would happen if only a few people in the US (and Canada) knew about this company and what they were doing over the past few years. Ron and his brother Joop have just been too fixated on their circle of friends to rely on the forces of the market. A few years ago they signed a number of deals based on the share price reaching $1.00. If it would have ever come close to that pps, they would not have had any financing problems over the years. But, how can a stock go up if nobody has ever heard of it??? Anyway, thanks and look forward to hearing from you.....

Hamp. See why I've said I would absolutely LOVE to see a really big Market order placed on this stock. Look at what a few hundred thousand shares traded did. And, only a small amount of that traded @ .20-.30 but since there is really no significant stock to be bought, what else can the market makers do but really jack-up the bid.....

That's interesting! Neckermann name is well known over there. Just hope Ron and the gang can capitalize on it....

Hamp. if you read the news, (30% interest for 500,000 shares).... perhaps this is where some of that 400,000 shares you asked about came from. No indication it was restricted stock so would guess this company might have sold for cash!!!!

Hey Hamp. You see the news "Stockssss" posted??? Could you please tell Ronald that if he is going to put out a presser, it would be nice if the Readen Website was up and running. Or, is it just my computer has a gremlin in it as I do get an unusual message when I try to check the site....

The OTC market has several levels. Highest level OTCQX requires high standards, the lowest (OTC Pink) has almost No standards. RHCO is at (Pink) level. Stocks traded here rarely have income, are usually thinly traded, can be easily manipulated, are usually a scam and therefore are not usually followed by investors with serious money. RHCO had approx. $4 million in revenue 3 years ago, $8 million 2 years ago, $2 million last year and $1.2 million in first quarter of this year. Whether management can figure out how to get company profitable (again) is the big issue. Also, last Feb. RHCO hired a respected US independent auditing firm to prepare the company for an uplisting from Pink Status to OTCQX. If this does ever happen it will open the door to huge amount of capital and investors that will not (and cannot) touch this stock as long as it is PINK. The big question is and always has been whether current management can pull that off or not...???

Hamp, I'm sure there are some people that are glad to see the trading and volume over the past couple of weeks and might give up a few shares. But, I still think you will see this stock make a big run at some point when a few more people learn about it.

Nice to see a few new names on the board following RHCO. A few of us here have followed this stock for many years and know it inside and out. Couple of facts you might find interesting. Almost all the outstanding shares of this company are held by insiders or "friendly" shareholders that have no interest at selling anywhere near these levels. The public float is only about 24,000,000 and with that low float you might ask why doesn't this stock move more than if does. The answer is (look at how many followers are currently following on this board "34") nobody in the US knows about this company. Most of us long timers here, bought shares of RHCO when it was a different named company, and under completely different management. However with what the company has been doing for past 3-4 years, Me and a couple others here have stuck around for so long because as "penny" stocks go, we know this is the kind of stock that could easily run, run, run.

Bottom line in my opinion is that they should have been on top of this situation a long time ago...

That is all true and I would also like to know how those holdings are progressing. However, from what I read in this release, and considering RHCO stated they are focusing primarily on retail, sounds to me like the company being sued did not provide all the internet code required to properly integrate or restructure the neckermann.com site as RHCO needed to set up the new business structure. Perhaps like Microsoft years back got in trouble for not providing code that allowed other software providers to be able to make there software work with Microsoft windows and/or other programs...

OK Hamp! Now we know or have a better idea of what has been going on for the past year. Hopefully this will be a positive step forward!!!

http://www.otcmarkets.com/stock/RHCO/news/Readen-Holding-Corp--OTC-PINK--RHCO--Takes-legal-actions-against-Axivate-capital-partners?id=150925&b=y

Thanks, I'll see if I can shoot him an email soon. Got alot going on at moment but will try asap.

Hamp, we need a press release from Ron. RHCO hired Thayer O'Neal last Feb. as Independent CPA to audit 2015 and 2016 financials... Aug 19 PR stated RHCO expected audit to be finalized in 6-8 weeks. Progress report would be nice since there has been some trading in the stock over past 2 weeks...
Also, they need to check their web site as it seems to be down...

Yes I understand web traffic as I have owned a few websites myself. Was just wondering if you thought Neckermann.com could carve out a niche based on its recognizable name in Europe. A business plan to succeed or fail will be based on the management of RHCO...

Hey El Gordo! I/we know Neckermann is a well known name in Europe having been around many years. I was just wondering if "you" feel Neckermann.com can be successful in todays competitive internet environment? Doubt they will ever be a huge player, but at rate shoppers are now purchasing online instead of in brick-n-mortor stores, there exists plenty of opportunity for other than the online giants. Since it looks as though RHCO has placed most of their eggs in this one basket, it appears to me that the success of Neckermann.com will determine the success of RHCO

So Nice to see some trading happen. Would be great if it would continue. Even if the pps stayed relatively stable for the time being, the fact that shares would be trading would make me and I'm sure others feel much better about the stock...

Hamp, have you heard from Ron as to how he is doing after his operation?

Sorry, But the 3-4 of us on this side of the Atlantic that have heard of RHCO and try to keep up with it, have not heard anything new. The insiders/owners on your side of the Atlantic do not seem to care about the share price. Going so far as to tell some of us that some big investors do not want the share price to increase "YET". That is ANATHEMA (word of the day, look it up) to investors in the west, so we are in the dark just as much as you seem to be...

Happy New Year! But, does not look like there is anything "new" here.

Hamp! Has Ron ever resumed corresponding with you? If so, since financial have now been released for both Annual report and 1st quarter ending Sept 30. how does Ron feel about their current sales as it relates to their sales plan. Do you think they are on track???

1st Quarter financials ending Sept 30.
http://www.otcmarkets.com/financialReportViewer?symbol=RHCO&id=164316

Not sure what to think as this appears to be first quarter with Neckermann.com operating most if not all the stores they had planned. Would think 2nd Quarter which will include the Holiday sales should be much stronger and perhaps a better indication of how things are proceeding with this transition to mostly retail.

Sorry, Not always able to answer phone mainly because I don't hear it.
Do you actually know Ron S. the CEO of RHCO? Or anyone else involved in the company for that matter???
Hampstead and myself (which seem to be the only ones on this side of the Atlantic that ever talk about this company) are very disgusted with how this (public) company seems to be run as a private one. News is almost non-existant and now the financials which are always delayed are now excessivly late from end of June to now...

Good Movie! However, main character dies at the end reaching for that Butterfly.... Is that what we are doing? Reaching for a Butterfly???

That makes two of us!!!

Interesting that he no longer responds to your emails.
My twisted logic... Company has not posted Year-End financials from June 31. Company is late in filing (my understanding) even for a company located outside US which allows extra time. Company has not had attorney issue statement of why Financials are late.
So do you think they would like to see the stock tank even more so they could buy up what few shares they do not control??????? Not sure why they would want to see this happen as they can do anything they want with their controlling interest. But, for the life of me I cannot see the benefit to Ron and current large shareholders to have the stock not trade and/or appreciate in value!!!!!!!!!!!!!!!!!1

If Rons big investors still do not want the stock price to go up at this time, they are certainly getting what they want!!!!!

You know there isn't. It's me you and 2-3 other people that read this forum. There are thousands of investors out there that would at least be interested in knowing what this company is doing and hopes to do. But, Ron seems to be unwilling to accept the fact he must start and have some sort of plan to inform the public of who and what RHCO is and is about...
His statement to you about big investors not wanting the stock price to go up at this time would probably get a CEO in the US removed from his position......!!!!!

Looks like another exciting week! Can you ask Ron if we should expect Annual Report this week? They usually have it out by now last year was released on October 15th.

Checks in the Mail. Oh! I mean Check your email! :)

Thanks!

Think we might see the annual report released this week??? Should be this week or next if they keep to their past schedule.

I agree and I also agree with your previous statement that he should be private. However, he might as well be private with the lack of information/transparency of the company. At this point, that fact doesn't help you, me or any of the other shareholders but hopefully if they succeed in uplisting, they might have to be more timely with their filings and other information...