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Thank you for keeping us updated on the topic. The I-Box was amended accordingly to reflect the changes and requests. Noticed the "other" stock Lux shows involvement with had some pps action. C'mon let's have some fun here too!
fun
Yes, and the last update was approximately one year ago.
fun
Haven't heard of any rumors, so if you would like to provide additional details, that would be great.
Company Officers
Gene Newton, Chairman
Claude Smith, President
Ngai Keong, CFO
Raymond Chin, Intl. Marketing
http://www.otcmarkets.com/stock/RCCH/company-info
Actually, I had thought of the entity as being a subsidiary. At the present time, I have only one complaint that the placement of the below information might possibly be incorrect in the I-Box and therefore will continue to keep the advisement under consideration.
fun
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Short Stoppers Inc. http://www.short-stoppers.com/
Sure looks like a subsidiary to me. Could be wrong though. I could make it the first item viewed in the I-Box if preferred.
Hmm, Attachment A sure looks interesting.
fun...
------------------------------------
http://www.short-stoppers.com/index.php?option=com_content&view=article&id=4&Itemid=2
About Us
Written by Administrator
Wednesday, 04 August 2010 19:16
Our Initial Business
"We believe that we have an advantage in that we have been assigned the legal claim of companies that we believe have been unlawfully injured. RCC Holdings Corporation (“RCC”) is a public company controlled by our principals. (See Conflicts of Interest”). RCC's sole subsidiary is IWS Water Solutions, Inc. (“IWS”). We believe that RCC and IWS have valid claims against short sellers and others for tortuous interference with business relations and corporate defamation. (See Attachment A Legal/Attorney Letter of Intents and letters of authorization for SSI). Twenty percent of any recovery on these claims will be paid to the companies involved."
Yes, perhaps we may begin to see a new direction very soon.
fun
I apologize for not updating the i-box sooner.
fun
More chatter and volume today I see.
I'm surprised no one mentioned anything about the last court date.
Case CIVRS703175 - RAYMOND CHIN -V- STEPHEN AUST
search
http://170.164.31.10/openaccess/civil/default.asp
08/04/2010 JUDGMENT ON COMPLAINT (UNLIMITED) FILED 07/31/2007 OF RAYMOND CHIN FILED Not Applicable
08/04/2010 ORDER ENFORCING SETTLEMENT CCP 664.6 FILED Not Applicable
08/04/2010 8:30 AM DEPT. R12 HEARING RE: CMC/DISMISSAL VACATED
08/04/2010 8:30 AM DEPT. R12 MOTION RE: (06/25/10) MOTION TO ENFORCE SETTLEMENT FILED BY PLAINTIFF RAYMOND CHIN - Minutes GRANTED
Minutes
--------------------------------------------------------
MOTION RE: (06/25/10) MOTION TO ENFORCE SETTLEMENT FILED BY PLAINTIFF RAYMOND CHIN
08/04/2010 - 8:30 AM DEPT. R12
BEN T KAYASHIMA PRESIDING.
CLERK: LUANN GEESINK
COURT REPORTER TRACI TROLI TRACI TROLI
COURT ATTENDANT RICHARD ARAGON
-
APPEARANCES:
ATTORNEY MARK MCKINNISS (APPEARS LATE) PRESENT FOR PLAINTIFF/PETITIONER.
DEFENDANT NOT PRESENT.
-
MOTION
PREDISPOSITION HEARING HELD
SUBMITTED ON POINTS AND AUTHORITIES.
-
COURT FINDS:
RAYMOND CHIN'S MOTION TO ENFORCE SETTLMENT IS GRANTED.
ORDER SIGNED THIS DATE.
ON COURT'S MOTION, CASE ORDERED DISMISSED AS TO DEFENDANT PLATINUM CAPITAL PARTNERS, INC. WITH PREJUDICE.
ON COURT'S MOTION, CASE ORDERED DISMISSED AS TO DEFENDANT GENE NEWTON WITH PREJUDICE.
ON COURT'S MOTION, CASE ORDERED DISMISSED AS TO DEFENDANT RCC HOLDINGS CORPORATION WITH PREJUDICE.
DISMISS COMPLAINT OF STEPHEN AUST, ON 08/04/10
VACATE HRG HEARING SCHEDULED FOR 08/04/10 AT 08:30 IN DEPARTMENT R12.
NOTICE TO BE GIVEN BY PLAINTIFF.
ACTION - COMPLETE
=== MINUTE ORDER END ===
Great post. Its now a sticky.
Unfortunately, I don't know the answer to how many air shares there are at present. It would be nice to know instead of trying to use a slide rule. Of course that has been a problem not just for RCCH but other securities as well. Since the TA was gagged, a number of changes have occured, but to date, the largest change would be HR4173 which will hopefully provide some positive changes in order to calculate shares. Below is a nice timeline of events.
In July 2009, the SEC released the following document which is useful in understanding the mechanics of the marketplace and decisions taken regarding policy.
SEC Takes Steps to Curtail Abusive Short Sales and Increase Market Transparency
http://www.sec.gov/news/press/2009/2009-172.htm
SECURITIES AND EXCHANGE COMMISSION 17 CFR PARTS 200 and 242 [Release No. 34-60388; File No. S7-30-08] RIN 3235-AK22 Amendments to Regulation SHO
AGENCY: Securities and Exchange Commission. ACTION: Final rule. http://www.sec.gov/rules/final/2009/34-60388.pdf
In August 2009, The Federal Reserve Bank of Cleveland wrote an excellent paper, which sought to provide a financial framework to analyze and moderate systemic risk.
Federal Reserve Bank Of Cleveland
Policy Discussion Paper Number 27, August 2009
On Systemically Important Financial Institutions and Progressive Systemic Mitigation
James B. Thomson
http://www.clevelandfed.org/research/policydis/pdp27.cfm
At the time, hearings in congress began and a number of initiatives were bundled together until December 2009, when a comprensive bill, HR4173 was introduced and has since passed the Senate and the House. HR4173 is over 1600 pages long. Included in the legislation is the following language,
*"Requires every institutional investment manager that effects a short sale of an equity security to file daily with the SEC specified short sale disclosures. Makes it unlawful to effect manipulative short sales of securities. Requires registered brokers or dealers to notify customers that: (1) they may elect not to allow their fully paid securities to be used in connection with short sales; and (2) the broker or dealer may receive compensation in connection with lending the customer's securities. "
H.R. 4173: Wall Street Reform and Consumer Protection Act of 2009
http://www.govtrack.us/congress/bill.xpd?bill=h111-4173
* From summary page.
Until such time that better information is known I will stick with my motto...
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fun have you calculated how many air shares are out there? Would every transaction since the TA was gagged at 338 million OS be considered the sale of air shares? thanks
There are times in which the most important discussion may come down to just
exactly how many jelly beans are in the jar on the table and until the matter
is resolved, progress on other matters bogs down.
The "how many beans are sitting in the jar" for RCCH is absolutely wonderful
discussion material. I've heard a few say zero beans. That's rubbish! Now
please be serious about your responses people and settle down while I evaluate
my calculations a bit more.
GO RCCH!
ps. I located a guide to counting jelly beans by doing some dd (Google).
http://www.ehow.com/how_4913844_count-jelly-beans-jar.html
fun
Large scale installations at the public utility level may require cooling towers and thus HVAC.
For further information on Evolutech and RCCH, please review the following links:
http://www.ic.gc.ca/app/ccc/srch/nvgt.do?lang=eng&prtl=1&sbPrtl=&estblmntNo=123456162927&profile=cmpltPrfl&profileId=1361&app=sold
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42508196
So the current discussion over the possibility that IWS owns Evolutech is true?
After a review of the original post I found johnnyfiber's post and calculations, which
in retrospect seem to be correct. In the prior post, others are now being raised
as a possibility as well?
---------------------------------------------------------
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42502907
Posted by: gpwild Date: Wednesday, October 14, 2009 11:39:23 AM
In reply to: EarnestDD who wrote msg# 74457 Post # of 84519
Since you asked, here's another email from Evolu-Tech :
Hi Ian,
Your guessed right, the joint venture is more complex than just distribution relationship. First Claude Smith is a man with a wide angle vision. After only two visits of installations in Canada he saw the hi potential of the catalytic water treatment market in the US. The feeling of the market at this time suggest sales above $10,000,000 for the first year. Once this target is achieved, IWS intends to manufacture in the US and buying out Evolu-Tech Ltd with all its registered patents. This is the basic accord between IWS and Evolu-Tech Ltd.
Hope this will dissipate all confusions, and please forward all future questions to IWS management at www.rcciws.com."
Best Regards
Claude Hebert
---------------------------------------------------------
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42508850
Posted by: johnnyfiber Date: Wednesday, October 14, 2009 1:22:16 PM
In reply to: gpwild who wrote msg# 74524 Post #74548 of 84519
At $51,000 cost per high rise building...there will need to be 196 installations over a 1 year period to achieve $10 million in sales. Working 7 days a week for 365 days the company will need to average an installation every 1.86 days.
Claude Hebert, president of Evolu-Tech Ltd. in Montreal was among the Canadian company representatives who traveled to Atlanta last week for the trade mission, which was managed by Greener Atlanta, an environmental consulting firm.
Mr. Hebert’s company has patented a process that uses magnets instead of chemicals to remove the limescale mineral deposits that form in the water pipes in commercial buildings.
“Scale is a big problem,” Mr. Hebert told GlobalAtlanta. “We’re talking energy loss, we’re talking pipes plugging up, breakdown of pumps.”
A high-rise building in Montreal was spending $35,000 a year in chemicals to clean its pipes, said Mr. Herbert. With his company’s system, chemical costs were eliminated, replaced by $1,500 per year for filters. The system cost about $51,000 to install.
“The payback is in about 18 months,” said Mr. Hebert.
http://globalatlanta.com/article/22498/
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Yes it is very peculiar that we have all the players, minus the RCCH name. Perhaps there will be a name
change or is this a subsidiary of RCCH? Also missing on the chart is Claude Hebert, CEO of Evolutech.
According to Claude Hebert,
"...IWS intends to manufacture in the US and buying out Evolu-Tech Ltd with all its registered patents."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42502907
Summary
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42508196
Claude Smith's Visualizer is interesting. After the page opens,
click on the icon for Claude Smith.
http://www.corporationwiki.com/graphs/roamer.aspx?id=25888964
Interesting to see David Campbell and Donna Landy Smith's name
mentioned.
Didn't someone post e-mail correspondence they had with
Claude Hebert of Evolutech regarding the relationship with IWS?
fun
Next court date: August 4, 2010 at 8:30 AM, Dept R12
MOTION RE: (06/25/10) MOTION TO ENFORCE SETTLEMENT FILED BY PLAINTIFF RAYMOND CHIN
06/25/2010 9:30 AM DEPT. R12 HEARING RE: CMC/DISMISSAL - Minutes
HEARING RE: CMC/DISMISSAL
06/25/2010 - 9:30 AM DEPT. R12
BEN T KAYASHIMA PRESIDING.
CLERK: LUANN GEESINK
COURT REPORTER LAURA SANDERS LAURA SANDERS
COURT ATTENDANT DENISE ANDRADE
-
APPEARANCES:
SPECIAL APPEARANCE BY ATTORNEY ELENA CORREA FOR PLAINTIFF.
DEFENDANT NOT PRESENT.
-
PROCEEDINGS:
CASE MANAGEMENT CONFERENCE HELD.
-
MOTION
CURRENT HEARING CONTINUED TO 08/04/10 AT 08:30 IN DEPARTMENT R12.
TO BE HEARD WITH MOTION TO ENFORCE SETTLEMENT SET 8-4-10.
NOTICE TO BE GIVEN BY PLAINTIFF.
ACTION - COMPLETE
=== MINUTE ORDER END ===
Yes, today's news maker associated with RCCH can be found here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51674709
The San Bernandino Court system doesn't update usually until tomorrow, pacific time.
$.12 +
I don't know about that. According to this conspiracy theory, "...as soon as there is a .0002 bid, all he$% will break loose." http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41115384
I like Newbie's first pps point to let a few go and keep the rest.
fun
Yes, like the pps fall just prior to Case CIVRS703175 - RAYMOND CHIN -V- STEPHEN AUST and afterwards.
http://170.164.31.10/openaccess/CIVIL/
The first entry on Chin v Aust was made on July 31, 2007.
http://170.164.31.10/openaccess/CIVIL/civildetails.asp?courtcode=X&casenumber=RS703175&casetype=CIV&dsn=&movetodate=&startdate=&sort=&start=50
http://www.otcmarkets.com/stock/RCCH/chart
===================================================================================
The RCCH conspiracy theories abound.
Anything to not explain the increase in the A/S to 10 billion and the ensuing fall in stock price to $0.0001.
It couldnt be dilution now could it ... NAHHHHH.
lol
jmo
Who knows, maybe it will rock again. Seems that a few get nervous whenever certain scary stories are told. Don't know why, afterall just sharing both sides of the coin. No sub, just the mountain out of the molehill.
fun
Balls of steel.
fun
Thank you Newbie and Rob.
Slow starts are fine with me. Will check in a bit later.
fun
Huh? Current events shows that another mm joined the party today and the stock has upticked with an increase in buying pressure.
fun
Perhaps LAMP will shine a light on NITE?
LOL
fun
In the last 24 hours 3 more board marks have been added, which tells me that traders are watching this one. Its always tricky on the timing sometimes getting it right you know as far as getting in too early or too late. PM for you as well.
fun
The News Summary: There is an apparent short position in IKTO, that started around the date of
the late filing. On approximately April 5, a recent high of $.54 was logged. Since then,
a dramatic 99.83% drop in price per share has occured with the last close of $.0009, a
new low.
Screen shot taken eod.
This appears to be a selective close as the bid was higher than the final ask and last
trade which shows the desperation by mms as upward price pressure would create significant
gains by longs. If the pps was to advance to $0.005 that would be an increase of 455% and with each penny
1000%. Looking at t/a, an oversold position continues with IKTO and it may not take much news to
move it to the upside very quickly. Patiently waiting on news while accumulating and holding...
Just my opinion
fun
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Please provide a link showing the dilution and explain items in bold below.
"exactly. and when a company gives the mm's the leverage they need (diluting tons of shares) to be able to short a stock into oblivion, what else do you expect them to do? nobody is really buying the stock for them to make money on the upside, so they will make money on the downside. this company has been silent and that is what the mm's love. they short it to nothing because they know the company has nothing to say. very easy money for them."
Nice posts. Pm for you. If you or someone else could be so kind as to post a 60 min chart or in I-box? Looking for a w pattern here.
fun
Could someone post the 60 min chart?
Thanks!
fun
That's right forgot about that one.
I apologize for not responding sooner.
Raymond Chin has been named as President of International Marketing.
http://web.archive.org/web/20060715113818/www.rccholdings.com/home.html
Case CIVRS703175 - RAYMOND CHIN -V- STEPHEN AUST
Date 06/25/2010 9:30 AM DEPT. R12
HEARING RE: CMC/DISMISSAL - Minutes
http://170.164.31.10/openaccess/CIVIL/
Question answered with questions?
I'll take that as a yes.
fun
I think someone posted that they sent money to RCCH once.
Does that count?
fun
At camp RCCH, I posted the summer vacation calendar of possible discussion topics.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50544415
While sitting around the campfire, I've heard some scary stories and some long tales
about how there is a big fish in the lake. I'm taking it all in stride as it could be a long
summer if ya "ain't" having fun.
Happy Father's Day!
fun
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What do you make of all this Fun? You still positive? Sure wish we'd get this all done and that pps moving upwards.