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Here comes the next phase.LOL
Do you not understand. If you have shares in your account, (street name, IOU, whatever) then the LEGAL shares have ben delivered. No one is on the hook for anything. The SHARES HAVE SETTLED.
All of these nonsensical arguments trying to provide some silly avenue to hide a short scenario have been dealt with ad nauseum.
That IOU nonsense was put to bed months ago. The legal shares settled into your account when the transaction cleared. The IOU (if it ever existed) lasted for no more than the time it took from the purchase until the shares settled.
All settled shares are legal. All IOU's are covered when the shares settle. Deal with it.
What are you talking about?
No effect whatsoever.
Even $50,000 would have been worth a billion discounted shares(50% discount) . Do you seriously contend that controlling interest in the company (According to the faithful the OS is around 377 miliion) in exchange for a IR report?
So that's a no. You don't have the name and NUMBER of the person you spoke to.
Have to wonder how you could have spoken to him without having his number. Want to rephrase that claim?
Why wouldn't anyone be OK with the CEO giving away controlling interest in the company in exchange for an IR report?
You should read the DD provided by Johnnofiber.
As soon as this embarrassing Pump and Dump gets on track.
Better ask them.
All-right children time for today's lesson.
We know that Newton sold billions of shares at a discount. We know that gendarme skated on very thin ice selling those shares without registering them. What we need to figure out is WHY.
Why would anyone be interested in risking legal troubles by selling unregistered shares?
What is the motive?
Clearly all Gendarme had to do to sell the shares legally was register them with the SEC. They were unrestricted shares and once the registration was done they could be sold at will. Why not do it that way?
On the other hand why would Newton sell his shares at a discount to Gendarme when all he had to do was register them and sell them at full price on the market. Why not do it that way?
Why was 'registration' such a problem? Who had any motive to avoid registration? Gendarme?........ or Newton?
The most obvious reason to avoid registration is that the share sale becomes instantly public knowledge. No point in gagging the transfer agent to hide the transactions if the sales are going to be registered anyway. Can't publicly dump shares into the market without having your loyal investors running away as fast as they can move.
So the only reason to not register the shares is to keep the sales from being made public and the only one who benefits from that is Newton.
Gendarme and the many many companies just like them offer a service to these fraudulent operators. They will circumvent the registration requirements for you in exchange for a significant share of the proceeds.
Gendarme didn't register the shares for only one reason. Newton wouldn't sell them unrestricted shares at a discount if they were going to make the sale public.
No one has any motive to keep the sale from the public except Newton.
Follow the money.
No you get the facts right, they are being challenged for not registering the shares they sold.
Seriously, are you just trying to confuse those who don't understand or do you not understand yourself?
There is no evidence or announcement in the SEC complaint or any other document that indicates that Newton wanted to put any restrictions on the shares he sold to Gendarme.
To paraphrase the message.
The P&D is failing miserably, all those people telling the truth are getting in the way of the effort. We need to get them to stop.
I think that even you are buying into the hype to some extent.
Sure it is........ but this isn't forgery.
I think there is a very important point to be gleaned from that case that is specifically relevant to RCCH and the current complaint.
And a very good question.
That all depends on how many more BILLIONS of discounted shares Newton sold to them in the first place.
You only have two categories?
It is only a 'civil' action because that is all it is. Look at the SEC complaint it clearly states it is a civil complaint.
No more from the company. Hasn't been for a while.
No more dilution until the AS is increased. It is maxed out now.
It is ONLY a civil complaint.
"Civil". No 'crime', no felony, no jail, nothing but a fine. No investor is going to benefit from this action.
The only possible effect on the company is if the SEC offers a deal to Gendarme's principles to turn states evidence in exchange for leniency.
Then the show could get very interesting. LOL
Same plan as always.
Why did I know that would get your attention? LOL
Is this you from September 30 2009?
Well that seems to be the 'defense'.
It's fact.
Is that good or bad?
I actually can't think of anything more important once you understand their motives.
Take it as the compliment it was intended to be. LOL
Here are a few questions regarding the last PR.
(I'm trying to keep a straght face but I'm failing miserably.)
First of all.....Research Department? They have a research department? A whole department populated by research scientists at corporate headquarters (LOL) or some kid with a laptop drinking a Pepsi at the local Micky Dee's where he can use the free WiFi?
Second of all..... Why is the Research Department looking at what is going on at ihub? Surely if there is any shenanigans going on there it should be the Legal Department. Or is the Research Department involved because Ihub is where all the market research is done? Is this an admission that the demographic most important to RCCH is NOT customers for it's goods and services (I know, I know, don't laugh.) but is the research and therefore company activity aimed specifically at pennymarket investors?
Given that the entire basis of the ongoing scams is the extraction of revenues from the investor base, my guess is the latter.
Cheers.
Here is the latest PR from the company.
RCCH - Latest Press Releases
RCC Holdings Research Division Recent Findings
Last Updated on Tuesday, 11 January 2011 20:21 Tuesday, 11 January 2011 20:17
The Research Division of RCCH recently followed up on information that was posted on InvestorsHub. Some of the findings led to further questions. Why are there an extraordinary number of bashers attacking RCCH when the stock has been cellar boxed?
Why are they posting 24/7 bashing multiple companies that are boxed, but remain in business, have not declared bankruptcy, and have future projections?
The worst offenders on investorsHub [Deleted to avoid violating ihub TOS]
The following alias names only show up occasionally:, , [Deleted to avoid violating ihub TOS}
Interestingly enough, there appears to be “Ring Leaders”, who posts warning about such topics as defamation, the RICO statues, or threatened to start legal action. Their alias names are: [Deleted to avoid violating ihub TOS]
A clear objective emerges when you follow the history of their postings. Bashing and manipulating, repeating their well-written message over multiple boards non-stop. For profit, one could only speculate.
Good catch johnny. Is there any wonder they increased the AS to 10 billion with all of these 'helpful' and oh so independent companies so willing to help them launder their shares?
I think you have gotten a little ahead of yourself.
It seems quite obvious by now to even the most skeptical of the longs that Newton is in this up to his eyeballs.
Look at the appeal from Gendarme.
Johnny, What are the odds that the Lux and Essman entities named in that link regarding the fencing of discounted shares for a distincly shady company, are the same ones associated with this shady company and the fencing of its billions of shares?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58020747
I had a lot more faith in the P&D crew than I should have. I have never seen such a poor effort.
I can't believe this is all they have and am hopeful that they have a few more arrows in the quiver, otherwise I am going to be forced to apologize for them for letting us all down.
Read this one fast, I doubt if it will last long.
Do you seriously think anyone is buying this?
The SEC complaint has been public for days now. If even a fraction of the people in the market believed the P&D spin, there would be some activity in anticipation of a covering rally. Yet nothing.
Clearly the effort is not having any effect on those who need to be affected if it's going to work.
The only people who seem inclined to buy into the unwieldy deconstruction of the text in the complaint are those who are already enmeshed in the trap and don't have anything to lose by grasping at straws.
Is this all there is to the effort?