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Thanks, I was just wondering about that as my bank charges a flat fee no matter the amount that is large based on the amount I plan to transfer. There are other companies that charge much less but it seems (as far as I got with the process), I had to choose USD transfer to Hong Kong currency. Just am not exactly sure how that works. Anyway, plan to pull the trigger soon to see what happens. About to go out of town so see you people next week!!!
That is my understanding. I have not made a transfer yet but hope to get it set up this weekend.
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES LISTING OF OKTOKEN ON UNISWAP
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-LISTING-OF-OKTOKEN-ON-UNISWAP?id=350015
Jax, So I sent a question to Ron about this transaction regarding fees. He didn't Answer. Low and behold I got the following message from the Current CEO... Richard K.
I am still a little confused of how to make the transaction especially with todays press release.
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-LISTING-OF-OKTOKEN-ON-UNISWAP?id=350015
However, here is the message I got and I will eventually figure this out of how to fund my account in the most efficient way.
Tuesday
Richard Klitsie sent the following message at 2:25 AM
View Richard’s profile Richard Klitsie
Richard Klitsie 2:25 AM
RHCO ICO
USD Account
Bank Name: DBS Bank (Hong Kong) Limited
Account Number: 478-798111-051
Swift: DHBKHKHH
Account name: Statrys - ARES TECHNOLOGY LIMITED
Hello Wes,
Thank you for wanting to invest in our OKCoin. And yes you can send USD to our bank above. As this is done via the Swift network your bank probably will charge something for the transfer.
If you have a Euro account we can also accept Euro into our IBAN account which is normally free.
Richard Klitsie
richard@okepay.biz
+852 63795190
Thanks! Thought that was the case just wasn't sure.
Hey Jax, So over the weekend I opened an account to purchase some of the OKTOKEN. Since I have never done this (crypto) it was somewhat more than I expected but in a good way. A lot of security issues like images of your choice of identification (drivers license for me), several other levels of authentication... Realized I had one unanswered question that am waiting for Ron to answer regarding is there a commission added to the purchase of an ICO or not (would like to know exactly how much USD I need to put into the account to cover my purchase).
Info you and others might find useful.
Minimum purchase is 1000 OKTOKEN @ $.10 so $100 USD.
Here is the listing of offerings.
Stage 1
01-04-2022 to 30-06-2022 100,000,000 For Sale
0.10 Price Min Order
1000.00000000 OKTKN Max Order
10000000.00000000 OKTKN Status Not Open
Stage 2
01-07-2022 to 30-09-2022 50,000,000 For Sale
0.12 Price Min Order
1000.00000000 OKTKN Max Order
10000000.00000000 OKTKN Status Not Open
Stage 3
01-10-2022 to 31-12-2022 50,000,000 For Sale
0.15 Price Min Order
1000.00000000 OKTKN Max Order
10000000.00000000 OKTKN Status Not Open
Stage 4
01-01-2023 to 31-03-2023 50,000,000 For Sale
0.20 Price Min Order
1000.00000000 OKTKN Max Order
10000000.00000000 OKTKN Status Not Open
OK will let you know what I find out about fees as I do not want to send any more than I need to for a purchase............!!!!!!
Hey Jax, I'm not a crypto investor but I think I'll open an account and buy a few of these just to "SUPPORT THE CAUSE"...
This is from the former CEO and still major shareholder. I think it is an interesting development but will leave it up to you to decide.... Remember this is translated from danish...
He already had told me with an affiliate code you get a 5% discount on the OKTOKEN purchase...
"Wen you open a acount on the www.oktoken.biz site you wil get a affiliate code so wen you introduce people you will get some commision"
For anyone that might be interested in the ICO of the new OKTOKEN that Readen will begin selling April 1,
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-THE-ICO-OF-OKTOKEN?id=348367...
I am told the price will be $.10 USD.
Will be offered on: https://uniswap.org/
Interesting statement IMO.
"OkToken is based on ERC-20 standard Ethereum-based public blockchain technology. Funding from the sales of OkToken, as well as the profit of the token prices growth, will be invested in new and existing projects of startups, privately held companies and OTC listed companies. It gives the investors a possibility in the unbelievable upside, as the right investments will be chosen and monitored by a well experienced management team. The accounts and results of the investments will be reported quarterly on OkToken web site.
OkToken assets will be officially held by a regulated custodian, namely Tiger Super Fund SPC. For every OkToken sold, same value of shares of the mentioned companies will be transferred to the custodian to back the price of the token."
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES THE ICO OF OKTOKEN
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-THE-ICO-OF-OKTOKEN?id=348367
I once owned alot. Lost most of it several years ago with a dispute with TD Ameritrade with my IRA account. Since have built back a good position but not as large as before. Enough that if things work out I'll be happy.
For what it is worth to the 4-5 people that read this. I discussed with Ronald S. the problem with all the shareholders that own large amounts of stock in this company (most received it by selling their interest in assets to RHCO), how they seem to be sitting around waiting for something to happen, someone else to pull the trigger..... But they do not buy more and they do not sell... Therefore, there is no volume and that means NO liquidity for an investor that might consider buying this stock...
Ok, there was more to the conversation but his response was: they have been buying back shares from individuals and there should be more volume in the weeks to come. Also, said since the PR release that stated revenue increase for January alone was 700% over past 6 months, it has continued to increase/improve.
Alot is lost in translation from Dutch to English but my take was the revenue increase should be impressive.
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES THE ACQUISITION OF RAIKOKU AND EIEGO
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-THE-ACQUISITION-OF-RAIKOKU-AND-EIEGO?id=346004
I discussed with him a few weeks ago about the lack of public awareness of this company in the US (as I and Hamp have and did for years). At the time the Chinese new year had just started and he said when it was over (2/16), everyone would be back at work and be starting a PR campaign. They have since release the statement about Okeapp revenue up 700% in January that was more than the previous 6 months combined. Also the news about hiring Auditors to complete the audit of past 2 year financials to apply for OTC up-listing. He said new management agrees this is very important to the future success of the company as well as investors. Also said revenue since January continues to be doing "very well". Hope this Russia situation does not drag on forever...
Hey Jax how you been? I send Ron S. an email anytime I have an issue or question and must say he has been responding better and faster than He ever did before.
Due to current uncertainty of the business environment in Hong Kong and Tiawan, Readen Holding is considering moving their Main Headquarters out of that area. Should know more next week (hearing could be Singapore). In addition, am told, the large increase in January revenue that was reported continues to be doing very well.
Told you folks twice in past week or so to expect news after C new year ended on 2/16. Not sure this will move stock today but who knows.
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-THE-APPOINTMENT-OF-PCAOB-AUDITOR-TO-PREPARE-FOR-UP-LISTING-APPLICATIO?id=344195
Here is a quote from Ron S in response to recent discussion we were having.
My statement: "Just another example of how RHCO is really an unknown company in the US."
Ron: "We will work on it after Chinese New year we will have full force pr program".
Expecting to have PR and some updates after Chinese New Year is over and everyone is back to work. Holiday ended 2/6 and 2/16 I think is the end.
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES PRE CHINESE NEW YEAR REVENUE UP 700% IN THE MONTH OF JANUARY
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-PRE-CHINESE-NEW-YEAR-REVENUE-UP-700-IN-THE-MONTH-OF-JANUARY?id=342290
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES READIES’ DISTRIBUTION OF WORLDLEADING DIGITAL SERVICES
READEN HOLDING CORPORATION (OTC PINK: RHCO), today announced that READIES (www.readies.biz) , the comprehensive online payment platform operated by its 100% owned subsidiary Ares Technology Limited, has signed agreements to become online distributor for multiple digital services including Netflix, iTunes, Google Play, Amazon, Spotify, PlayStation, Steam, and many more.
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-READIES-DISTRIBUTION-OF-WORLDLEADING-DIGITAL-SERVICES?id=341118
Actually, management updated the whole website allowing you to see presentations of "most" of the companies in their portfolio.
You might not see it unless you do this:
Open: https://www.readenholdingcorp.com/
Place your mouse on "Portfolio" at top of page.
then click on one of the 3 choices:
Payments
eCommerce
Other Investments
When you do, you will see "Download a Presentation" tab at the top right of each company.
A lot of good info here. Hope you find it useful/reassuring..
GL to us all, I really believe this company has finally got management in place that can do something that will be very profitable to shareholders...
Finally got RHCO to update their website with the PDF file I was sent last week.
They now have the link for new updated presentations for OkePay and OkeApp.
https://www.readenholdingcorp.com/_files/ugd/639863_effe9bda2d3a4d9580b6158ab47e61d0.pdf
Is one I was sent for OkeApp
https://www.readenholdingcorp.com/_files/ugd/639863_76bfeb1f766b43ae9b9ba5cae571ea7c.pdf
Is new one for OkePay.
Projections look strong to me!
I need some help!
My computer is acting up and I am in the process of replacing it.
I have the Updated file that I mentioned was sent to me by Ron the former CEO of RHCO. However, it is a PDF file which I cannot post to this site.
I do not have access to my Dropbox or google Drive account.
If anyone here is willing to do this, I will email the PDF file to you if you can upload it to the "cloud" so that it is a link for all others to view it.
My personal email is: wesloans@earthlink.net
This file is an update to one published and release 4-5 months ago.
However, I believe the Forecast numbers and a few other items are significant.
Received the following email from Ron (former CEO of RHCO).
Think it best to just post it.
It included an updated Presentation with more current information about the Okepay and Okeapp. It appears to be public info. As soon as I confirm it is, I will post the link.
(Remember, English is not Ron's 1st language being from Amsterdam}
Dear, XXX
Yes XXX, because of health reasons i have transferred a lot of the work to Richard
Already 10 months ago.
I must say they are doing a great job and they are having a good Team
Okepay and okeapp are doing very well
And Richard the new CEO I send you a new investment deck and the company is really working hard to get the audit done for uplisting we really believe that the company will be the next Unicorn.
They have developed a business what is one of its kind
--
Met vriendelijke groet / Best regards,
G.R Steenbergen
Tel: +852 9783 7816
Email: ronald@readenholdingcorp.com
Hope to see PR soon with more detailed company update. Sent emails to those at top that I have corresponded in past. They responded positively in the past. Not saying they will this time! GLTA!
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES MAJOR SHARE TRANSACTION WITH COCOON HOLDINGS AFTER THE TRANSACTION WITH TIGER SUPER FUND
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-MAJOR-SHARE-TRANSACTION-WITH-COCOON-HOLDINGS-AFTER-THE-TRANSACTION-WI?id=336544
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES MAJOR SHARE TRANSACTION
READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced a major share transaction. Ronald Steenbergen, a major shareholder of RHCO, has sold 32,703,152 shares of RHCO to Tiger Super Fund SPC. The high yield fund is managed by Tiger Fund Management (Cayman) Limited.
The transaction is part of an agreement between Ronald Steenbergen and Tiger Super Fund SPC, as Steenbergen would sell a part of his holding. After the transaction, Tiger Super Fund SPC would hold 9.9% of total RHCO shares issued. The transaction would be followed up by a loan from Tiger Super Fund SPC to RHCO. The loan would be used for the funding for future plans of the Company.
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-MAJOR-SHARE-TRANSACTION?id=336331
There is very little stock available in the public float. The only way I have found to get shares at a good price is place a limit order and wait to see if you get filled. Many times I get filled at either the open or near the close of the market. If you try to buy on the days there is volume, you will get raped...
Sure it was just a coincidence, but only yesterday I sent RHCO an email explaining how they needed to update their website to update investors of all the "Good News" that has been released over the past 6 months...
GLTA!!
Readon Holding Corporation (OTC Pink: RHCO) Announces the Launch of New RHCO Website
https://www.readenholdingcorp.com/news/the-launch-of-new-rhco-website
I also have a lot of expenses coming up and have bought all I care to. Enough to make it interesting but not all I want. Have a few mangy dog stocks I might sell and put here but other than that I plan to watch for awhile and see if new management can continue with the new direction and focus of the company....
Well that took longer than expected but glad to see RHCO is now Pink Current.
Been picking up a few cheap shares lately.
With all the good news released recently and with what Ron has been saying about recent events, I doubt we will see these low PPS values for much longer.
Hope everyone has all the shares they want and are getting ready for the ride I truly expect to start soon.
GLTA......
$RHCO READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES A PROFITABLE SALE OF PRIME FRANCE REAL ESTATE
"Richard Klitsie, CEO of RHCO stated, The acquisition of the real estate was a decision of previous management. Now by completing this transaction, we are not only making a sizable profit, but it would also make us a shareholder of a larger organization. This would allow RHCO to focus more in Fintech, Online Payment and E-commerce industries.
Currently RHCO is labeled a Yield Sign (Pink Limited Information) on the OTC Markets, due to an adjustment of the lawyer opinion letter. As all new information has been filed, RHCO is expecting the Yield Sign to be taken off very soon."
https://www.otcmarkets.com/stock/RHCO/news/READEN-HOLDING-CORPORATION-OTC-PINK-RHCO-ANNOUNCES-A-PROFITABLE-SALE-OF-PRIME-FRANCE-REAL-ESTATE?id=329544
That's good that you could. I have been trying to contact new mngmnt thru RHCO website and others that Ron told me about. Just got reply from Ron yesterday that they say they have not seen any emails???? However, as Dave8888 said earlier, Ron did say this will be resolved soon.
Since RHCO website is not being updated, I do not think they have anyone that is concentrated on that right now but they do seem to be making progress in the areas they have previously spoken about.
I think this will move significantly very soon from current levels, but i am waiting for something bigger than we have seen so far. $.20 - $.30 jumps are great, but I really think we will see this over $.50 at some point soon...
Too bad all the good news of late has been Negated due to the OTC "warning" sign. Since new SEC rules took effect Sept. 28, unless companies are current with their filings, some brokerage firms will not let you buy a stock only liquidate.
Seems RHCO is current with financials but needs an Opinion letter from their legal team confirming and until that comes down do not see much volume happening.
Do expect that to be resolved in next few days, and when it is, I expect to see a significant percentage move from current level.
Hope everyone has good weekend.
Yea, me to. I'm not sure, and if anyone here knows please post the answer. It appears that in the past small companies and foreign companies could post their financials/disclosures on OTC markets and be considered current. It now appears they also have to file with the SEC. RHCO has not filed with SEC but did with OTC markets just a few days ago.
Not a lawyer, so do not know.
Actually I am surprised at the volume today (pleasantly).
I stated a few days ago OTC markets Placed a "warning- limited information" on RHCO which caused some firms to not allow purchases of the stock.
I sent emails to management to take care of this issue.
Here is the jest of the message I got from my brokerage firm.
We would like to remind you that new amendments adopted by the U.S. Securities Exchange Commission (SEC) have gone into effect as of September 28, 2021. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.
They go on to say I can Liquidate "only", or Transfer my positions to another financial institution.
Not sure what firms in the US will let you buy today.
:) But Sad. Think that will be changing over very near future. New Management seems to be really making good moves to build this company so I expect it to be "discovered" by more US investors.