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How long can this scam go on????
$252 in Revenue....
When will justice finally be served?
Let me know when it hits $5.75/share. That is when I can walk away with what I came with. That's only 2875 times today's share price so it won't be long!
F Berman!
THIS IS NO JOKE! For anyone who is considering buying this stock and handing hard earned money to Rick Berman,,,,,,, please think again. Based on forward looking PR's of the past similar to the latest one, I bought into the share selling scheme a year and a half ago. I had over 40,000,000 shares worth over $40,000. Now, thanks to Rick's reverse split, I now own roughly 8000 shares valued at $70. Keep in mind that I did not sell any of those shares,,,,, but the owner kept selling and still does. There are no misprints here. Invest with any long term hope in this scam and it is a guaranteed way to lose your money. THIS IS NO JOKE! I don't want to see this guy do this to anyone else. PLEASE THINK AGAIN! Hopefully, justice will run it's course here and the authorities will reverse the damage done to so many of us by a man with no conscience.
JMFO
PC
That PR looks like the biggest convoluted piece of crap ever! It just keeps flowing downhill doesn't it?
KCMH to Incubate $50 Million Uranium Mining Company; Deal Includes Publicly Traded Russell Industries & KCMH Co-Development of Healthcare & Financial Businesses
FRISCO, Texas, Jun 10, 2008 (BUSINESS WIRE) -- KCMH (OTC:KCMH) announced today that it has signed an incubation and consulting agreement with RUSSELL INDUSTRIES (OTC:RUSL), a publicly traded holding company with existing assets in the energy sector, and a growth strategy to develop future revenue models in the medical device, healthcare and financial industries. KCMH will incubate and co-develop RUSSELL'S interests in the development and exploration of uranium and vanadium mining; with the total value of RUSSELL mining assets and developing revenue models estimated to be worth as much as $50 million.
As part of the long term partnership, KCMH has also agreed to develop out RUSSELL'S other revenue strategies in the healthcare and financial industries in return for KCMH receiving up to 20% for KCMH initiated RUSSELL government contracts, and up to 50% for KCMH developed RUSSELL commercial opportunities.
RUSSELL owns 254 unpatented uranium mining claims in San Juan County, Utah. Since 2003 the price of Uranium has increased approximately tenfold, with government estimates indicating that Uranium demand will continue to be strong as independence from fossil fuels becomes government policy. RUSSELL's current $50 million estimation of its claims is based on a preliminary analysis of historical drilling records in the Lisbon Valley and East Canyon claim areas located in San Juan County, and on future revenue models in healthcare, medical devices and specific financial sector opportunities that KCMH will introduce to RUSSELL.
RUSSELL is currently quantifying their uranium mine assets and are awaiting the formal geological reports on its claims delineating proven and probable reserves. Once finalized, RUSSELL will use the geological reports to engage comprehensive and objective Valuation Services from an international accounting firm to issue an attestation of the geology reports. Upon validation of RUSSELL's assets, RUSSELL will engage an international investment-banking firm to sell its uranium and vanadium mining assets.
Visit www.thekcmgroup.com for more information on KCMH, including corporate presentations and financial reports.
About Russell Industries:
Russell Industries, a Nevada Corporation, was incorporated in 1997. The Company owns a majority ownership interest in 254 Uranium Mining Claims as of June 19, 2007. Visit: http://www.ru308.com.
About KCM:
KCM HOLDINGS CORP. is a strategic business incubation and holdings company specializing in a broad range of business development, support, design and development ventures. Visit www.thekcmgroup.com.
Disclaimer
Forward Looking Statement
The contents of this Press Release may be deemed to include forward-looking statements within the meaning of United States securities laws and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are only predictions and should not be relied upon for investing decisions. Actual results might differ materially from those projected in the forward-looking statements for a variety of reasons, including market conditions, competition and new regulatory requirements. Forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. We cannot guarantee future results, levels of activity, performance or achievements.
SOURCE: KCM HOLDINGS CORP.
CONTACT: KCM HOLDINGS CORP., Frisco
Donald Klein, President, 1-888-897-5274
Copyright Business Wire 2008
-0-
KEYWORD: United States
North America
Nevada
Texas
Utah
INDUSTRY KEYWORD: Energy
Health
Medical Devices
Natural Resources
Mining/Minerals
Professional Services
Finance
Nuclear
SUBJECT CODE: Contract/Agreement
Product/Service
and the downward spiral to .0001 begins,,,,,, any guesses on the date of the next R/S???????
Loof,
We need to get together some day and commiserate about our own stupidity. Of course, I outrank you on the stupid meter. In fact I blew the top off the meter. Somebody send me a Happy Meal!
Briboy,
If by some miracle it makes a run to 10 cents, it will only go backwards from there. Berman will sell it into submission once again. He has quiet an authorized share number to sell,,,, start around .06 and go down from there,,,, just like last time,,,, from "The Strategic Plan Man"
PC
Rape is quite a strategic plan!
Mr. Berman,
I owned 40,810,000 shares of RSDS bought at an average of .001/share = $41,810 that I’ve handed to you in good faith. In return, I now have 8,362 shares of RUSL at .013/share (last trade) = $108.71. In one year after listening to you tell me about your strategic plan and the need for patience,,,,, as well as numerous PR’s promising things that were never going to come to fruition, I now am left with $100. That’s right,,,, from $40,000 to $100 in one year. It appears that you certainly had a plan and it didn’t have anything to do with the success of Russell Industries. I also put up with listening to you blame everyone except the man responsible for being the custodian of the shareholder’s interests. It is time that you come clean and understand what you have done financially to a group of people who believed your words and gave you the benefit of the doubt along the way, only to find out that your apparent intentions were to systematically empty our wallets. We watched and hoped that the price would go back up, while you did everything in your power to sell a worthless stock to new unsuspecting investors. It never had a chance and neither did I after I made the biggest mistake in my life and invested in this dishonest and fraudulent company. IMO
The day will come sooner than later that you will not be able to perpetrate this kind of act on other gullible and naïve individuals.
Regards,
RUSL Shareholder
Anybody try to call him lately?
No I believe it is "F_ING" Unreal!
I seem to remember a PR touting the first revenue for the company. Man, I think we made more than that at our last garage sale. This looks better and better every day doesn't it?
JMO
PC
Aware,
In response to your private message "LOL - it's not like he pays me big bucks for it ". (Unfortunately, since Berman took my money and ran I can't afford to be a paying member anymore, so I must respond in public.)
It's also not like he's had any news to give you to post is it? I mean what kind of operational news would you be able to post? There are no operations and he has had a BK filing,,,, not much to PR right?
Do me a huge favor would you? Tell him his ocassional three word email responses are childish at best,,,, hurt his cause and please let him know that he has done his best to make all of these shareholders look forward to the day when they can greet him face to face in a court of law as his "strategic plan" unfolds in front of a judge. We've been mocked, spit on and made fools of by this CEO (CEO of what??? A cubicle filled with our cash???). Really looking forward to the opportunity to hear his story,,,, just hope I can still afford a plane ticket to the Federal court location.
PC
You are absolutely right! The thing that makes this different from a company who succeeds or fails based on operations is that this is a premeditated scam with no "strategic plan" other than how to strip the shareholders of their cash! That's not the normal risk associated with most investments in this or any other market.
JMO & the O of anyone associated with this POS for the last year
HEY AWARE, YOU REALLY NEED TO SLOW DOWN WITH ALL THE WEBSITE UPDATES. I KNOW THINGS ARE HAPPENING BY THE MINUTE, BUT I CAN'T KEEP UP WITH ALL YOUR UPDATES. LET'S SLOW DOWN AND TAKE A BREATHER!
RSLI / RSDS / RUSL
TURN WHEELS,,,, TURN!
YOU CAN'T FREAKIN TURN FAST ENOUGH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!![/B]
Somehow I don't think the next BIG PR is going to come directly from the company,,,,,, although it might be ABOUT the company!
JMO
PC
Now we know what he's been doing,,,,, a recording career on top of all his other ventures,,,,, wonder how much of the profits have made it back to the RSDS coffers??? A very busy man,,,,, yes he sure is! I'll have to see if he has scheduled any tour dates for 2008!
I wonder if the empty chair has any "Beatle like" significance????
I just wish Mr. Berman would take some time away from all of the incredibly hard work he is doing for this company and give us a well deserved update. I would love to hear about all of the various projects he is involved in that have caused us to go 2 1/2 months since our last fruitful update. I just know he is working diligently to find uranium, build some condos in the Bahamas,get some oil out of the ground or even aquire a money making entity in the healthcare arena. I'm pumped about all of the possibilities. I just wish he'd give us an idea of which one he is focusing on at this very minute for the benefit of his main concern: The RSDS shareholders. I'm a big one Mr. B. and I'd like some answers.
Thanks much!
PC
Well said Show,,,,,, thanks.
As I look back on some of my quotes in emails from the CEO I find it very telling as to the motives of this man. He talks of amatuer investing and you know what he's right. Maybe a long time professional investor would have seen him for what he really was from the start. Too bad he has made a living off us "amateur investors" while feeding his "accredited investors". Any comments on the quote below?????
"As I have stated before, several shareholders are guilty of panic selling, falling for basher b.s. and in general amateur investing and there are accredited investors waiting to capitalize on their mistakes. Unfortunately, there is no set of instructions for shareholders."
Please know that you are not alone. Through misleading PR's and promising emails this man has taken money out of my families' hands and thrown it away. My donation to the RSDS CEO FUND is unfortunately larger than your $28k so I understand the suffering,,,, believe me. My family is paying the price. I've kept my posts to a minimum based on the pain and frustration I have felt the last few months. This man needs to be brought back to reality and made to realize what he has done to straight up, hard working people like you and me.
It's really sad!
Makes,
That is when he roped me in. The PR you talk about got an anwful lot of us interested in this company and was the first of many false or misleading PR's to follow for this investor. Many of us believed there could be a pot of gold at the end of this rainbow based on Mr Berman's PR's. Unfortunately he had apparently run off with the pot filled with my money!
PC
LMFAO!!!!!
Love is a strong word....
Aware,
Is there any legitimate reason why at this point you would still remain positive about this company? I mean, geeeez man, I have given 12 months of the biggest benefit of the doubt here. Unfortunately, the pile of evidence is a heck of a lot bigger than the pile of uranium. I wanted and hoped and prayed for something different than this outcome. Unfortunately, as I look back through all of my emails from this guy I see what a fool I was taken for. The skepticism would always remain, but he'd buy a little more time and a little more of people's hard earned money.
Listen, whatever you think of old Righty,,,,, there must be a point where you say it all looks bad,,,,, really bad. Put aside your personal issues with this guy and be honest about what you must see as the writing on the wall.
What do you think???
Petty
You're not really expecting anything are you???
Any recent conversations with Berman?
Aware,
Are you still out there?
Aware,
Are you still out there?
The difference is he doesn't care,,, period! Hasn't he made that clear enough at this point???
JMHO
Righty and All,
Could anything be more blatantly insulting to an RSDS shareholder than yesterday's AUMN PR?? I am flabergasted at the unmitigated audacity of our CEO! Any way you look at it, we have a part of that company. We have been sitting on our hands way too long. He doesn't care how many people know what he has done or what his future plans are. Does anyone remember seeing the PR announcing that Rick Berman had decided to purchase AUMN himself? Now that this stock has been utilized to raise funds for his personal gain and purchase of AUMN, it will be left to rot while he accumulates more funds through the AUMN 504 "Equity Financing" route. I wonder when the RSDS December update will be released???
I think I might know what his RSDS strategic plan for 2008 is: " Silent torture with no PR's until shareholders get so frustrated that they pay Rick Berman to take the stock off their hands. Then the stock would effectively be selling for below zero and he could raise more equity funds by being kind enough to accept the stock for a price." Does that sound about right?
Thank God it is Friday, because I feel like getting trashed!
JMO
PC
Looks like this stock is headed uphill,,,, $194.50 traded today vs $0 the last 2 days. We are on a roll! $194.50 for the week! Let's see, when I first bought in that would have bought me 43,000 shares. Today that buys you 1,945,000 shares less than one year later. So I guess he does care about the shareholders,,,,, the new ones! Look how inexpensive our CEO has made this for anyone looking to buy,,,,, now that is what I call a caring CEO!
One problem CEO: For some strange reason no one wants to buy,,,, bewildering isn't it???
JMO
PC
So tell us how??????
Does that surprise you?