Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hey Jeff. To be fair I'm posting this and they can direct the arrows my way.
(From RHCO Twitter account)
Readen Holding Corp@ReadenRHCO
We did expect to be making an announcement this week, however we have decided to hold off until next week. Its all go here and look forward to sharing news with you all. $RHCO
7:22 AM · Sep 23, 2022
·Twitter for Android
Sorry, Since I have been doing that for years (being the messenger), I fully understand.
As to the " big announcements coming up this week",, well the week is almost over.
Were you just Hoping it would happen or did you think you knew something.
Oh and if this was all about the new YouTube video from someone that used the RHCO website, took screen shots and explained what was already there, Sorry but I hardly consider that "big announcements".
Well tomorrow is Friday, one last day of the trading week. Lets see what happens.
All great news.. So, I keep asking (and I have many times), As a company doing business in Hong Kong, a company that has most of their major shareholders in that region, a company with almost every asset except the recent Turkey Onyx/Marble deal, seems to all be located in Southeast Asia.
Yet I do not see any buying from these Investors. Why??????????
I see a constant attempt to convince United States Investors to buy this stock. Why????
If you do not believe your company is worth more than $.04. Why should I believe it???
Look at RHCO Twitter account "Daily". Ronald S. the former CEO is still an important part of daily activity. He had health issues and had to step down but not out.... He and others are posting almost daily new updates.
They are really working on this OKE APP. It is about to be released in next few days and is a World Wide Discount program with 10-50% savings on Many, many, many things....
Talk Later!!!!
I can tell you why ( and I have been a shareholder and followed this stock for over 10 years). I have been talking with the former CEO for years and still do.
You might have missed this post a few days back #5306 I discussed with him.
Look at the number of followers to this stock (61). For the past 10+ years, this Forum was about the only place anyone talked about this company..
Virtually nobody in the United States has ever heard of this company. Almost all the stock is owned by individuals in Hong Kong, Netherlands & Belgium.
Because this stock is only listed as OTC "Pink. Investors in other countries have No Idea how to buy shares. Vertualy all the shares owned outside the US were the result of private transactions to purchase assets and did not have to actually be bought.
Once company completes the OTC Upgrade they have been working on, there should be much more activity in the stock. There is really not much stock out there in the "public Float".
Am Told Earning Tomorrow (Friday)!
Oh! Regarding Yesterdays announcement about TRANSACTION WITH ANGELO MERMER MARBLE MINING.
Nice Video...
That's some nice looking stone. Wonder where it came from? $RHCO pic.twitter.com/OzuwjSy3HF
— Readen Holding Corp (@ReadenRHCO) August 25, 2022
Regarding: Amendment of Transaction with Angelo Mermer Marble Mining:
readenholdingcorp.com
RHCO Stake in Angelo Mermer is worth $5M USD.
However, Even More Interesting:
"The transaction amount of EUR 2,070,000 (approx. USD 2.4 million) was paid by convertible bond of ANGELO MERMER, and was converted at 50% discount into 200 shares of ANGELO MERMER which equals to 5% of total ANGELO MERMER shares. Based on the valuation report of Baker Tilly (one of the largest valuation firms in the world) as of 31 March 2021, those shares worth approximately USD 5 million. It was calculated from 10% (USD 100 million) of total investment value of ANGELO MERMER (USD 1 billion)"
The $5 million value is based on only 10% of the total value of the company and RHCO owns 5% of total Shares of company. That would be $50,000,000.
GLTA!
Quarterly Earnings report to be released in next day or so. Since they are trying to update on OTC, they have not recently been late with filings.
Sure most here are not interested because you own all this stock you care to ever buy.
Ran across this article: https://hongkongbusiness.hk/markets-investing/news/hong-kong-tops-list-number-adult-share-retail-investors
"You do know RHCO was headquartered in Hong Kong for last few years".
They were advised to move HQ, due to China crackdown. Now headquarters are in Singapore.
Asked former CEO regarding this article, why no volume with all local news.
So,, Basically RHCO while a OTC Pink listed stock, is not available to most investors in HK.
However, OTC up-listing the company they have been working on, should make that accessibility.
Am told Audit should be finished next week. I cannot say when we might see buying volume happen. But, @ $.05 SP this could really explode.
Not sure if anyone here is interested in this worldwide discount app. But appears you can get a 5 year free membership right now...
Okeapp is just around the corner @OkePartners#okeapp #Rhco pic.twitter.com/Y3tBDyPSIt
— Readen Holding Corp (@ReadenRHCO) August 12, 2022
Company actually seems to be making a real effort to promote the new business plan.
Short video:
OkeApp are participating in various events to promote the super app, and it is welcomed by numerous consumers and merchants! Check out this hightlight video!#OkeApp #OkePartners #RHCO pic.twitter.com/wWioQu09Yi
— OkePartners (@OkePartners) August 11, 2022
Look at website. Merchants, Partners and member numbers have been updated.
Sent Ron email last night and it has already been updated, so I am happy with the response of management at the current time......
I believe they may have more than that.
That 1.5 m is an old number as I personally questioned them over 6 months ago about updating those numbers on the website. Those numbers were what they updated and posted at that time and have not been updated since. Perhaps someone else would like to email them to update them again. They did it immediately last time I did it. I cannot right now but I'll send an email to Ron later
Hopefully, it is because Ron is feeling better after some on-going medical issues. Anyway he has been posting more often than usual on the Readen Holding Twitter account. You might want to check out from time to time...
https://twitter.com/readenrhco?lang=en
I do not do twitter. But here is RHCO Twitter page.
https://twitter.com/readenrhco?lang=en
Ron posted this on RHCO twitter page yesterday. Guess that is some knews we might be expecting in the near future.
RHCO(http://otc.pk) in the process of closing a merging deal between there http://twopercent.hk and
https://www.productpro.com.hk
Was wondering how I got filled yesterday on a GTC buy order at a really low price.
Thanks??!! I hope???!!!!!
$RHCO.Sometimes in business you have to walk away from a bad deal, and that's what we did. The crash today was caused by a disgruntled acqaintance who has previously threatened to sell their shares at a big loss to cause a drop in share price if we did not meet his demands.
11:46 AM · Jul 19, 2022·Twitter for Android
We called his bluff. And we survived a pitiful attempt to de-rail the hard work we've been putting in over the last few years.
11:48 AM · Jul 19, 2022·Twitter for Android
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES FLIGRO’S NEW DISTRIBUTORSHIP OF TAX-FREE PRODUCTS TO ASIAN MARKET
https://www.readenholdingcorp.com/news
Asked Ron few days ago what is going on and are there any updates coming anytime soon.
This from him this morning for what it is worth to everyone.
Gerardus Ronald Steenbergen 6:50 AM
we will start some new company PR soon
This is a really bad rendition of one of my favorite old songs. But, first minute or so exactly describes my thoughts on this stock as well as several others I own.
Yes! and as to issue you posted about regarding the yield sign, this from yesterday.
Readen Holding Corp @ ReadenRHCO 21h
Just another update. We will be back to current any day now. Seems to be a backlog with the OTC.
If you're wondering what caused the recent move, this is probably the reason.
Jax, I guess as long as Ron is still around and part of RHCO, I can still get some accurate info from him. He told me of this Singapore move and I posted it here on Feb. 25 (post 5171). Hopefully with the move, some new investors in Singapore will be interested in buying/trading the stock because I saw nothing from those in Hong Kong!!!!
Heard from Ron last night. He thought he had told me (but didn't) that he has not been in HK for past 2 months (I think due to health issue). He's back but under their mandatory quarantine till Tuesday when he will be back at work and will get back to me then. In meantime biz is doing well & on recommendation of Auditor due to China/HK/US relations, RHCO will be moving their headquarters office to Singapore. Should be completed next week and is part of the effort to uplist on OTC.
For what it is worth. I sent message to Richard Klitsie (CEO) a while back concerning lack of trading volume in the stock. Mentioned how I know history of this company and know most shares are held by a very small amount of original investors. Wonder why none are buying more with all positive developments being announced.
Received this yesterday:
From: Richard Klitsie
Date: 4/28/2022
Subject: RHCO ICO
We are currently busy with uplisting listing and we think we will see more volume after that is done.
Who knows? Just letting you people know what I know...
Readen Holding Corporation (OTC Pink: RHCO) Announces its Expansion and New Office in the Netherlands
READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced that the Company has expanded by opening another office location in the Netherlands. The new office located at Olympia 2D, 1213 NT Hilversum, Netherlands signifies RHCO’s continued global growth and development.
The new office, which is a short drive from downtown Amsterdam, will add new jobs in the region and will enable the Company to better serve its European clients. It will be the office center of Okey Media B.V. and OK2 B.V., as well as Oke Retail B.V. which operates Neckermann Direct (neckermanndirect.eu) and Two Percent (twopercent.hk) online shops. All these entities are 100% owned by RHCO and are part of the Company’s Global Online Payment and E-commerce strategy.
Richard Klitsie, CEO of RHCO stated, “We have seen significant growth in the scale and operation of our business over the past year as we globally scale and expand into different verticals. It makes sense to increase our presence in Europe and will build upon our strategic plans for continued growth. This new office is our first step as we are also looking at possible expansion to other cities in Europe and Asia.”
Date hasn't been stated but judging 12/31/21 was released on 2/11/22, I would expect 3/22 quarterly to be released around 2nd week of May.
Heard from Ron yesterday in regard to a question about trading volume. While he didn't reveal anything, he did agree with me and said we just need to wait for Earnings to be released. I'm not sure how to take that but I'm hoping they are good enough to get some attention for this "symbol". Certainly hasn't been much of late...
Hey Jax, you ever get your account set up? You know I have been talking with Ronald S. for years about this company and the stock. I posted here couple of weeks ago how I asked him a question about buying this ICO and he referred it straight to Richard K. the current CEO. Richard actually sent me details of how to do it.
I did purchase some but thought it neat/interesting that I got another message from current CEO first of this week asking if I was still interested and was there anything they could do to help... Good sign that he is responsive to shareholders. My next contact with him will be why there is no volume at all in the stock. If you or anyone else have questions, please post and I will do my best to forward them...!!!
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES 3 MILLION OF OKTOKEN SOLD WITHIN 72 HOURS
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-3-MILLION-OF-OKTOKEN-SOLD-WITHIN-72-HOURS?id=351901
I'm not going the Google route as I still do everything on either my laptop or desktop so I will stick with the email verification. I too am impressed with the response to questions. Yesterday I opened a support ticket with a question about my funds. Got a verification their bank had received my transfer but nothing was in my OkToken account. Within an hour had a response of what I needed to do. (This is what you will probably have to do also), had to upload an image of the verification of the transfer to the OkToken account and state how much in USD I sent. Sent that at 6:40 PM eastern, and recieved a confirmation of the funds in my account at 2:38 AM this morning. So Good Luck. Hope all else is going well!!!!
Jax, Here is response I got from OkeApp Team: Not sure you want to do this but here is the info and what you would need to send to them to start the process::
Hi XXX
After I read your message again, I now understand what you mean.
>>> All other accounts I have that require a verification code, the code expires after a certain amount of time. This appears to be a glitch in your system that should be fixed as I believe this is why my associate is not receiving a verification code and he has already deleted the last one that was sent....
Yes, I think this is something that needs improvement. Thanks so much for your input.
Meanwhile, since your associate still cannot log in, the faster way to solve his problem, I could disable his 2FA verification in the back end. So that he can login without the email verification for now. I suggest he login then do the Google Authentication instead. It's easier, more stable and more secure.
All he needs to do is go to "My Account" and "Security Setting", choose "Google Authentication", download and install the "Google Authenticator" app in his mobile and scan the QR code for once. Then it's all set. Every time he logs into our web site, after entering his password, he just needs to open the app to get an instant 6 digits code for authentication. It works very well.
So please let me know what is his email registered with OkToken.biz then I can disable his 2FA verification to let him login again.
To avoid the trouble of email verification, I suggest you also do the "Google Authentication".
Please let me know if you have other issues. Thanks again for your emails.
OkToken Team (info@oktoken.biz)
By the way I sent this issue to them as stated to see if they can fix this...
Jax, just had something happen to me that might be your problem.
Yesterday I was trying to help you and was signed in. At some point I logged out but started to sign in again and received a verification code but for some reason I did not use it. Since I didn't, I deleted it when cleaning up my email.
Today I tried to log in and did not receive a code. Started over and still did not receive a code. Lucky for me I had not deleted the Last code that was in my delete folder. I used it and it worked.
All other accounts I have that require a verification code, the code is only good for a certain time then expires. I assume this might be a glitch in their system that they need to fix.
Anyway, since you said you were able to log in but then later were not receiving a code, thought this might have been your problem...
Jax, I am in my account so see if you can do this: When you go to the OkToken web page,
Click at top to "Sign In" and page should come up to sign in. Click the first box for user name or email address and below it should show you whichever you used. Click that and it should Auto fill your password. If you get that far then check the "I am not a Robot" tab, then hit sign in. At that point the Email Verification Page should come up waiting for your verification code. Mine comes immediately to my email and once it is entered you are in your account.
If you still cannot receive the code in your email, I think I would just start over and set up a new account.
Jax, when you set up the account there were two choices of how to receive your authorization code. I don't remember the first but I chose the second which was by email. Can you at least get back into the setup and change that or not. I'm not where I can look at it right now...
Ok, so I sent my funds to fund my account today. Instead of using my bank doing a swift transfer and charging me $50, I used "Remitly". Since it was my first transfer with them and since I used a checking account instead of a debt card, there would have been fees, but they were waived. Funds will not be available till Friday, but for no fees I can wait. Hope this helps anyone else that might be interested. It was very easy to set up account and the only question was where it asks for first name (which is the DBS Bank and last name which is the Statrys - ARES TECHNOLOGY LIMITED.
Jax, this is probably obvious but on the Oktoken sign in page make sure you enter your username and Password then hit enter and the next page that comes up is for the authentication code. But of course if you are not getting the code??
As someone said if there is a number to call, they could probably give you a temporary code to log in. I have done that before with other sites.
Ok I just got home from a 4 hour drive and wanted to see if you had solved your problem. I logged in and again the code was sent immediately. I am currently signed in. Sorry but if you were able to sigh in before by receiving the verification code to do so, I have no idea why you can't now?????????
Hey Jax, I logged in 3-4 times with no problem and auth. coming immediately. I use earthlink for email. That spam filter idea is one that has been an issue for me also. Good Idea!