I just noticed what time it was, false alarm

3's are gone???

I think he meant the mm's aren't allowed to use L2. Meaning they don't know what the other mm's are doing. I might be wrong but I just signed up for ihubs's L2 and I had to say I was a non-professional.

I'm loving that, and I'm glad I grabbed some of those 3's today. When we get this weeks pr I think the 3's will be gone forever.

Doing my part here, just slapped the ask for 3 million. I got 1.1 in a few seconds then the rest 5 minutes later.

I would like to know the same thing, I noticed we closed with an ask of .ooo4, did a few mm's fall off before the close? I was hoping to pick up some 3's Monday, thanks

It's not working for me..

I may be wrong but I thought a lot of companies on the pink sheets sell or "dump" shares to make money. Why is rcch so special that they get a letter like this. I just can't see how them dumping shares alone would take the pps from 10's of cents to rock bottom, if it was all from the selling of shares rcch would have a lot more than 80 mill in assets, right?

I don't have L2, does anyone know what it looked like at the close. Nite isn't asking .ooo6 now, right? I plan on adding some 2's next week as well.

I saw that too, I'm guessing all the mm's who were on the ask for .ooo2 fell of before closing. I'm sure it will be back to .ooo2 Monday morning.

Someone here got an email from Gene where he said it would normally take 3-5 years but they will do it in under one becasue they were invited, we will see. Still not an ounce of faith huh? This company appears bigger now then when the market thought it should be worth .50+, I think all we need to get this moving is some attention and some confirmation by the company of everything they've got going on, and thats what 2009 is for : )

even if the company sold a billion shares at .ooo1 thats only $100,000, I think your logic is a little flawed. from all the DD RCCH does not need to take desperate measures to make 100k becasue they are very PROFITABLE.

umm, I would think the mm's sell at .0001 becasue they have no choice. If they beat it down that far and people still want to buy they sell them, right?

Good post. I got some extra cash now, I think I might pick up another mill or two tomorrow : ) I remember someone saying a day or two ago that they had a sell order and it went through at .ooo2, I don't know if that was true but if it was I think we might see a .0002 x .ooo3 spread soon. I'm going to try to pick up some 2's for the new year while I still can!

ohh yes and it's going to be a lot of fun to watch. As Gene has said before, Why would he be selling shares for .ooo1? I'm sure there was a good reason for that back in Sept. and it was not the company dumping shares for money!

What do you guys think about this? Maybe they sold some shares to Summit, or am I way off?

Yeah, I guess thats the same reason RCCH uses conservative estimates when talking about profits :) I'm thinking positive, not $10, but I think the next couple months are going to be interesting. We shall see, Merry Christmas and Happy New Year to everyone.

Damn dude, are you holding any rcch right now? Do you just hope for the absolute worst so if we see a few upticks you'll be happy? I just don't get it.

Alright but there is supposed to be about 2.5 billion shares not held by the company right now. If the new exchange min. is $1 and we do a 10K:1 r/s to get there that means that 2.5B shares is now 250K, does that make any sense? I don't understand, why would a massive r/s such as this be done. Is the o/s really that excessive right now?

So you really think this thing is going to trade at .ooo1 on the new exchange huh? Thats exactly why they were invited to uplist, their magical ability to keep the pps at .ooo1 while the company is doing great??? I think your out of your mind.

From what I understand less than 2 years ago rcch was trading at almost a dollar. The price has fallen all the way to the triple zeros while the company remained profitable and if anything has more assets now. They were invited to make this uplist, which shows how obvious rcch's potential is. When the uplist happens this will not stay in the triple zeros.

ha, the Chinese are going to come save rcch for us, I'd like to see that. Were all just waiting I guess, I've got my fingers crossed. No point in arguing now.

What I think makes this one so special is the uplisting. Looking at all the dd theres no way this should be in the triple zeros. So maybe the mm's find a way out and rcch is uplisted without being a MOASS, I still stand to make a lot of money.

It's not the new exchanges problem, Say we do go to Hong Kong. Are you naive enough to think a Chinese exchange cares if a US one gets some bad press, or makes headlines for yet more illegal actions in the markets over here? If they do announce the rcch uplist and this does end up in court, what does the new exchange stand to lose??? Nothing...

I think he meant Gene would say that.

Illegal manipulation is not supposed to happen, what makes you think their going to want to investigate the mm's who have been in control of this before they give the ok. I don't think it's their job or interest to do that. I would think they do assume everything has been kept legal, and I'm sure everything Gene has presented them looks fine.

my point is do you really think they are stressing about the volume this has had while in the pinks. I mean they should be assuming this isn't being manipulated, becasue thats illegal right? As long as all the requirements are met for the uplist whats to stop it. Obviously the pps right now doesn't matter.

I don't think the signs that this has been shorted will affect the go ahead for the uplist. If Gene and the lawyers have everything worked out don't you think the international board will assume everything is fine. Then we get the pr and bam, mm's are in some shit, cover or expose themselves.

I prefer not to believe that too, but I there something I don't understand. If the uplist goes through, the pr comes out announcing the date. How can the mm's delay this or take it to court. What are they going to say, we have been illegally manipulating this stock so much that...you can't uplist sorry rcch. Seriously how could they so openly display corruption like that and get away with it?

well do you believe all these shares held have been dumped by the company?

I agree rcch has a lot going on, and I think theres a lot we still don't know. I'm not saying this isn't going to the moon, I just thought that paragraph was interesting. I'm very curious to know what exchange we"ll be on. Does anyone know the other possibility's besides HK?

from Wikipedia about the Hong Kong Exchange, I don't think 10's of dollar is possible any time soon. Even .50 cents would be amazing though, I guess it's all going to come down to the financials.

The threshold price level for penny stock status is lower. In US exchanges, a stock trading at less than $5 might feel a need to do a reverse stock split, but it is perfectly normal for Hong Kong stocks of even well-known companies to trade at prices that correspond to less than 50 US cents a share. A Hong Kong stock would not be considered a penny stock unless its price was less than about HK$ 0.50 (about 6.5 US cents). In situations where you might buy hundreds of shares in New York, you might buy thousands or even tens of thousands of shares in Hong Kong.

I would like to see a pr this week, they have never put one out other than on weds. right? Getting ready for 2009, RCCH's "roll out year"

good to know..

Someone here was saying even if you won't be able to buy on the new exchange with your broker you'll still be able to sell your shares. Can anyone confirm this?

Me too, I hate to say it but this is the only shot I have right now at making some real money. If we run enough that I have a decent amount to trade with thats cool with me. It's hard to make money when your portfolio only has 3k in it.

Yes he has, I also believe that if he has to do something with the share structure to make sure there isn't a problem with the uplist an r/s will be the last resort.

We are just having some fun, a little dreaming isn't a terrible thing. I agree with the last few posters and would also be thrilled with a penny. Your right, no one knows at this point, it's a waiting game. I personally can't wait for the next PR, and hope everything goes smoothly with the uplist. This could be a great year for rcch!

don't get me wrong I love the lsx series of engines and the cts-v is badd, but this is the ultimate daily driver

http://upload.wikimedia.org/wikipedia/commons/9/98/Porsche_997_GT3_RS.JPG

Sounds good to me