RRHI was dropped to the Pink - Limited Information tier when they failed to file their 10Q. Their financial reports are not that complicated.

I'm guessing they were caught between a rock and a hard place on SEC disclosure and chose to go with non-disclosure over orange jumpsuits.

According to Investopedia.....

While it may very well be a scam, this is not a Ponzi scheme. However, I can see how someone unfamiliar with American scams might make the mistake if they went by the above definition or any close variation.

I asked,

So, once again, WHO besides you, said anything about the company issuing restricted shares to Kinsey?

I'm trying to discern fact from fiction here. If W.G.B. Kinsey said they were issued restricted shares, I'd take that as FACT. If it's just you saying it, then it's something entirely different. { 8^D

I asked,

You said, In post 660 you said, In the very next post, 661, you corrected yourself, Is this some sort of new logic where one mistake justifies another? { 8^D

"Restricted shares?" Who said anything about restricted shares?

Besides you, that is. { 8^D

There are a large number of "services" one might be willing to perform in exchange for 1,000,000 shares of company stock, even if you don't believe in the company.

I can think of a few inconsequential things I would be willing to do for a million shares. That certainly doesn't mean I have changed my opinion of the company. It still smells like several day old fish. { 8^D

Excuse me for chuckling.....

BIG WHOOP! { 8^D

Why did they have to PAY Gurupira to take a 51% interest in the Dodge mine operation? { 8^D

Some people seem to be under the false impression that if a director owns something, it belongs to the company. Allow me to disabuse anyone of that peculiar notion.

Tapiwa Gurupira owns 51% of TAG-Z. That is HIS and HIS ALONE! NONE of the benefits of that 51% ownership are transferrable to the company. On the other hand, RRHI is on the hook for ALL of the risk!

The same is true to an even greater extent of the MBMI - Mabwe Minerals-Z relationship. I say, "to an even greater extent", because the Gurupira the company PAID to take 51% of the Dodge mine operation is NOT a director. He is another member of the Gurupira family, but he is Aswell Africa Gurupira NOT Tapiwa Gurupira.

Again, he is entitled to all of the benefits of 51% ownership while the company, MBMI is on the hook for ALL of the risk! AND HE GOT PAID FOR IT! { 8^D

BIG ... RED ... FLAGS

Some people seem to be under the false impression that if a director owns something, it belongs to the company. Allow me to disabuse anyone of that peculiar notion.

Tapiwa Gurupira owns 51% of TAG-Z. That is HIS and HIS ALONE! NONE of the benefits of that 51% ownership are transferrable to the company. On the other hand, RRHI is on the hook for ALL of the risk!

The same is true to an even greater extent of the MBMI - Mabwe Minerals-Z relationship. I say, "to an even greater extent", because the Gurupira the company PAID to take 51% of the Dodge mine operation is NOT a director. He is another member of the Gurupira family but he is Aswell Africa Gurupira NOT Tapiwa Gurupira.

Again, he is entitled to all of the benefits of 51% ownership while the company, MBMI is on the hook for ALL of the risk! AND HE GOT PAID FOR IT! { 8^D

BIG ... RED ... FLAGS

I certainly wouldn't invest but it seems there are some people who are.....unless it's all just manipulation.

I think at the moment this is mostly just pre-pump manipulation to show a large "volume increase" prior to the start of the pump campaign. Buried in the 10Q:

They sort of annouced that they transferred the Dodge mine to MBMI with this rather confusing statement: I say confusing because Dodge mine was carried on the books of the parent company, RRHI, as a $433,000 asset and no transfer agreement has been made public (RRHI has dropped to the Pink-Limited Infor tier for failing to file its last 10Q).

Further, they have been touting a connection to "W.G.B. Kinsey & Company" as being partnered to mine the barite. http://ih.advfn.com/p.php?pid=nmona&article=53847139

Although all MBMI's 10Q says about it is: I don't know but I smell the odor of several day old fish around this.

Opinions? { 8^D

P&D of RRHI and MBMI has begun {RRHI owns 80% 0f the stock in RRHI). RRHI almost doubled and MBMI tripled this week while RRHI has sunk to the Pink-Limited Info tier. The results of the gravity mapping survey have not even been made public but some of the hype goes,

How can gravity mapping tell if it's "mostly white barite"?

What did they do for the shares? NOTHING!

Why did they have to PAY Gurupira to take 51% of the Dodge mine operation?

Welcome to stinky pinky land. { 8^D

Just a couple of questions. If the 49% ownership is worth so much, why did they have to PAY Gurupira to take the 51% ownership?

You say there are "hard numbers". Whose hard numbers are those? There has been NO bankable feasibility study done only 5 old drill holes and gravity mapping and neither report has been released.

A tell-tale sign of pure hype is the claim that it is "mosly white barite". One could simply not tell that from gravity mapping. Again, there has been NO "authentication" of any of these claims.

This has the earmarks of a scam. Put a "story" into a shell and then sell the story to the unsuspecting mob. Drive them by greed with claims of big profits to come. Using your figures, "coroporate" can sell more than 10% of the float each and every quarter.

According to another poster here, the plan is for RRHI to use this company as its own ATM machine.

So, according to WoW, the plan is to use MBMI like an ATM by selling more than a million shares of MBMI per quarter. They put a "story" into the stock, PUMP it up a little and DUMP shares onto those who buy the story. No wonder they had to PAY Gurupira to take a 51% ownership.

Welcome to stinky pinky land..... { 8^D

RRHI sure ain't the largest company in the world. They're just a normally thinly traded stinky pinky subject to manipulation with a sudden and suspicious volume increase. { 8^D

It sure seems like manipulation in both stocks. Sudden suspicious volume increases. The largest volumes were sales at the bid followed shortly after by a small buy at the ask, painting the tape. { 8^D

What we are currently seeing could be due to this....

Pump the stock up through an email and "whisper" campaign, then dump it.

Actually wash trading is not necessarily confined to one person. It can be an "entity" (with 5.5 million shares?). A wash trade occurs when the trade results in no change in beneficial ownership. So, simply put, if we agree that I sell you 1000 shares and you sell me 1000 shares, there is no change in beneficial ownership and it is a wash trade. Or I could have several employees/partners buy and sell my shares through multiple accounts.

A subset of "wash trades" is called "matched orders". It is essentially a wash trade executed between two or more persons as the net result is no change in beneficial ownership. If I agree to buy 1000 shares from you and sell you 1000 shares, we can make it appear as if 2000 shares were bought when in fact, no change in our postitions actually took place.

Using matched orders can be more flexible as the price does not necessarily remain constant. I buy your 1000 shares at .08 and sell you 1000 shares at .10 and give you back $20 and we're even but the market saw 2000 shares bought and a rising price.

It is defined as, the purchase and sale of the same security by an individual or organized group of individuals with the intention of giving the impression of unusual trading activity in the security. Matching orders is intended to get other investors interested in a particular security, but it is illegal.

Fraudesters often work as a group to effect wash trades (or matched orders if you will) because it is a little more difficult to track. The result of the transactions are the same as no beneficial change of ownership takes place.

From an actual SEC complaint.....

According to WoW, the plan is to use MBMI like an ATM machine by selling more than a million shares per quarter.

They put a worthless "story" into MBMI, PUMP it up a little and then DUMP into it.

No wonder they had to PAY Gurupira to take a 51% stake in the operation!

Welcome to stinky pinky land! { 8^D

What "facts" would those be? RRHI is NOT current in their reporting. The 5 day extension period for filing has pased.

They are no longer listed as OTCQB, they are now OTC PINK-Limited Info.

There is no mistake, unless it is on Alf's part. { 8^D

The mothership lands in stinky pinky land. RRHI dropped to .PKL! RRHI has been dorpped to the Pink - Limited Info tier.....

http://www.otcmarkets.com/stock/RRHI/filings

Welcome to stinky pinky land. RRHI dropped to .PKL! RRHI has been dorpped to the Pink - Limited Info tier.....

http://www.otcmarkets.com/stock/RRHI/filings

I said before that no one has ever come up with a legitimate reason for the purchase of MBMI (RPTN). One guy, WoW, did come up with the reason, although I'm not sure it's strictly "legitimate".

So, according to WoW, the plan is to use MBMI like an ATM by selling a little over a million shares of MBMI per quarter. They put a "story" into the stock, PUMP it up a little and DUMP shares onto those who buy the story. No wonder they had to PAY Gurupira to take a 51% ownership.

Welcome to penny stock land..... { 8^D

I said that no one has ever come up with a legitimate reason for the purchase of MBMI (RPTN). One guy, WoW, did come up with the reason, although I'm not sure it's strictly "legitimate".

So, according to WoW, the plan is to use MBMI like an ATM by selling a little over a million shares of MBMI per quarter. They put a "story" into the stock, PUMP it up a little and DUMP shares onto those who buy the story. No wonder they had to PAY Gurupira to take a 51% ownership.

Welcome to penny stock land..... { 8^D

Such a plan would be somewhat harder to trace and might help explain why RPTN (now MBMI) was bought in the first place. No one has ever come up with a legitimate reason for that transaction.

As I stated earlier, there are a lot of unanswered questions surrounding these companies and the longer they remain unanswered, the more things smell fishy.

Some basic questions about this company remain unanswered. Let's start with one of the most recent.....

Why did they have to pay Gurupira to take a 51% ownership stake in the Dodge mine operation?

Mabwe Minerals-Zimbabwe, didn't even exist before. If you look up the address, it's for a company called, AFRICAN LINK IMPORT & EXPORT. There is NO information available for Mabwe Minerals-Zimbabwe.

I didn't bring it up. I was responding to post #2371 by Hyrpowr.

Trading Pool: Investors group together & trade same security w/out real ownership changes would be an "entity" guilty of wash trading.

Perhaps I should have just used the term, "price manipulation" rather that wash trading. It would have comvered more situations.

This will be my last post on the subject as we are in danger of going off-topic. The topic of this board is RRHI.

Actually wash trading is not necessarily confined to one person. It can be an "entity". A wash trade occurs when the trade results in no change in beneficial ownership. A subset of "wash trades" is called "matched orders". It is essentially a wash trade executed between two or more persons as the net result is no change in beneficial ownership. If I agree to buy 1000 shares from you and sell you 1000 shares, we can make it appear as if 2000 shares were bought when in fact, no change in our postitions actually took place.

Using matched orders can be more flexible as the price does not necessarily remain constant. I buy your 1000 shares at .08 and sell you 1000 shares at .10 and give you back $20 and we're even but the market saw 2000 shares bought and a rising price.

It is defined as, the purchase and sale of the same security by an individual or organized group of individuals with the intention of giving the impression of unusual trading activity in the security. Matching orders is intended to get other investors interested in a particular security, but it is illegal.

Fraudesters often work as a group to effect wash trades (or matched orders if you will) because it is a little more difficult to track. The result of the transactions are the same as no beneficial change of ownership takes place.

From an actual SEC complaint.....

The phenomenon to which you refer is called "wash trading", where an investor (usually two or more in collusion) simultaneously buys and sells shares in a company through two different brokers. This increases the activity in the stock and gives the impression of liquidity or that "big news" is about to come out.

Uhhhhh, can you please tell us, why did they have to pay Gurupira to take a 51% stake in the Dodge mine operation?

Mabwe Minerals-Zimbabwe, didn't even exist before. If you look up the address, it's for a company called, AFRICAN LINK IMPORT & EXPORT. There is NO information available for Mabwe Minerals-Zimbabwe.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78627650

Why would I want to "praise" a company which I think is a poor investment based on what they've done so far? My feeling is, if a company starts out with deceptions, shady deals and broken promise after broken promise after broken promise, what are the chances of a good outcome?

And today is LATE the 10Q's were due on the 15th, That's why Alf had to file the NT 10Q's. { 8^D

Uhhhhh, can you please tell us, why did they have to pay Gurupira to take a 51% stake in the Dodge mine operation?

Mabwe Minerals-Zimbabwe, didn't even exist before. If you look up the address, it's for a company called, AFRICAN LINK IMPORT & EXPORT. There is NO information available for Mabwe Minerals-Zimbabwe.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78646338

Why would I want to "praise" a company which I think is a poor investment based on what they've done so far? My feeling is, if a company starts out with deceptions, shady deals and broken promise after broken promise after broken promise, what are the chances of a good outcome?

And today is LATE the 10Q's were due on the 15th, That's why Alf had to file the NT 10Q's. { 8^D

Yes, I have to agree. It sure seems like a LOT of "smoke and mirrors" here.

From Alf's fake positions on his resume to faked pictures on the website.

From paying millions of shares to one Gurupira for a company with no operations to paying another Gurupira to take a 51% ownership in the Dodge mine operation.

From promising "gold production" over and over and over for a year and a half to pushing the promised date back again and again and again.

And more.....

While I feel sorry for those who got stuck in this, just like I felt sorry for those who got stuck in Ratpoor Nutworks, I won't help take advantage of a new crop of bagholders.

[Edits added] You're welcome. Less than $15,000 worth of stock (stock the company treats like saltwater in the ocean) for non-specific "support services". No services have been rendered and shares have not been issued. They gave more than that to Gurpira to entice him into taking 51% of the mining operation! { 8^D

Not all that impressive.

Just plausible cover?

Bepractical, here's a link.....

http://ih.advfn.com/p.php?pid=nmona&article=53880433

Not too impressive to put it mildly.

You said, So I looked at why someone would use a completely inactive shell company to file their taxes...... That prompted the question, "Some people have used these shell companies as a tax dodge among other things. Are you suggesting that is the case with Alf?"

As for the other bogus companies, start with Metal & Gem Conversion. I provided you with this information several times before. Now you may have greater difficulty locating information because it went inactive in March 2012 for non-payment. Information is still there, just not as much of it as before. { 8^D

You> That may be your question. My questions are... Why did he put bogus positions in completely inactive companies on his resume? Why could he not put down what he was really doing? What is he hiding?

You said,

I don't think anyone else has either. There is no "requirement" to report self-appointed positions in a shell corporation. If he was required to list his bogus positions in a purely paper company, why did he not list the other bogus positions in the other purely paper companies? Was he misrepresenting himself then? How far do you think someone would get applying for an executive position with a legitimate company using past "experience" in a company with no operations, that only existed on paper? { 8^D

Some people have used these shell companies as a tax dodge among other things. Are you suggesting that is the case with Alf? Having a registered agent involves signing a simple pre-printed agrement appointing the entity as your agent and paying an annual fee. The incoroprator generally provides the articles of incorporation as part of the package. So, BIG WHOOP!

Rock of Angels not only had no revenue, it was completely inactive according to Alf, himself!

Being CEO of an inactive company is not much of a position, is it?

You said, They never fooled me. They seemed to have fooled you, but not me.

Again, my question stands. What did he do the rest of the time from 2006 to 2011????? { 8^D

What makes you think "management" is posting on this board? I have seen no disclaimer/disclosure to that effect. They would be required to disclose this if it were true.

Rock of Angels was incorporated in Wyoming, on December 26, 2006.

Let me repeat that one more time, completely inactive. The above quote is in Alf's own words.

According to one of the incorporators, filing the annual report is a 10 minute a year process. I went through the filing wizard on the Wyoming Secretary of State website and 10 minutes is an exaggeration! It is a fill in the blanks form that consists of providing a mailing address, a Principal Office Address, phone number and email address, a list of officers and directors (you can be all or any that you want), completion of a License Tax Computation Worksheet (for an inactive corporation all entries are zero and the tax is $50), a recap page, an electronic signature page and finally, a payment selection page to enter your credit card info.

Ok, now we know what he did for less than 10 minutes each year. Since anyone reading this just went through the Wyoming Corporate reporting process, they now have just as much "experience" as Alf! It's not just an exaggeration to call that experience, it is a gross misprepresentation.

The question should be what is he hiding? What did he do the rest of the time from 2006 to 2011????? { 8^D

No one working at the SEC would advise providing a "boilerplate" answer on any SEC legal disclosure form. Those unfamiliar with SEC rules may think that the 12b-25 is just a "notice" to the SEC, it is NOT. The bold-type statement at the bottom of the form that “Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001)” should disabuse them of that view. It is a legal disclosure. Companies have been penalized for providing "convenience" answers.

In my dealings with the SEC, they have NEVER advised me to provide false information for "ease of understanding". I seriously doubt that they would have told Alf any such thing. The Company and its executive(s) could be put in serious jeopardy of being sanctioned. Use of "boilerplate" explanations has put resulted in actions against more than one company.

The 12b-25 is considered legal disclosure form.

If you have documentation of such an SEC instruction or guidance to provide false information on a disclosure form, I'd sure like to see it. Also, please provide the name of the SEC contact that provided such instructions.....If you can.

Perhaps they should hire an accountant with the necessary "accounting expertise". { 8^D

Once again, the instructions for the 12b-25 CLEARLY state:

The form was signed by Alf. Are you claiming Alf made an intentional misstatement of fact to the SEC?

The '"E" Added To Stock Ticker Symbol' - SEC info is the same quote I posted before that has been misrepresented as my words. I present it once again, not as a prediction but as a reference to the possible serious consequences. Forewarned is forearmed.

E" Added To Stock Ticker Symbol - SEC info <Once again> SEC info

When a company that trades on the OTC Bulletin Board (OTCBB) becomes delinquent in its reporting obligations with the SEC (for example, it submits a required filing late or in an incomplete form), the letter “E” will be appended at the end of the company’s stock ticker symbol. After the “E” is added, the company is given 30 calendar days (60 calendar days for most foreign companies and domestic banks), known as the “grace period,” to become current in its reports. If the company files complete required reports during the grace period, the “E” will be removed. If the company fails to correct its deficiency, the company’s stock symbol will be removed from trading on the OTCBB.

In addition, repeated delinquencies by a company in filing complete periodic reports with the SEC or other applicable regulator, or removal of the company’s security from quotation on the OTCBB because of its failure to file required reports within the prescribed period, can result in the security becoming ineligible for quotation on the OTCBB for a one-year period.

http://www.sec.gov/answers/eadded.htm

One more time..... The above is SEC information. Follow the link and you will find that it is a direct quote of SEC information. { 8^D

No, again it was not an "insinuation" but a statement of fact. The last time I checked, Alf was listed as the CFO. That's short for Chief FINANCIAL Officer.

According to Alf.....

The instructions for the 12b-25 CLEARLY state: The form was signed by Alf. Are you claiming Alf made an intentional misstatement of fact to the SEC?

You question Alf's self-stated lack of accounting expertise. Don't you even wonder why it was necessary to PAY Gurupira to become a 51% owner of the Dodge mining operation?

An investor holding 1,000,000 shares only has a miniscule interest in the Dodge mine operation. Gurupira was PAID to take a 51% interest.

You don't have to wait for the financials to see that. It's spelled out in the agreement. Then, some people think it's a matter of course for a business to enter into a written contract and immediately break it, though I don't know a single colleague, past or present, who would subscribe to that theory. { 8^D