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Thursday, February 02, 2023 6:34:17 PM
In case your missed it, CEO letter to shareholders 1/5/23 addressed the issue of Up-listing.
" the reason of the delay of our up-listing process, has been the cancellation of the acquisition of Quentin S.A., the company which owned 64 acres of prime real estate alongside the Rhone River in France. RHCO has sent the agreed purchase price of 16 million shares of RHCO common stock to a notary. Yet after 18 months the seller still failed to deliver the shares of Quentin S.A. as agreed in the agreement, thus RHCO has to take legal action. And because of this, our up-listing process needs to wait until this legal dispute is resolved, which we estimate in the next 60 to 90 days."
For the new year, Good Luck , Health and Prosperity to everyone !
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