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Friday, 09/14/2007 1:00:08 PM

Friday, September 14, 2007 1:00:08 PM

Post# of 125
I talked to IR person today.

She was very informative and as accommodating as could be asked. She had recently visited the RS Group and gave me a general breakdown of thier current state. We discussed the current direction of the company where she said management has had to make some difficult cut backs with staff and the company is currently in a "coasting" state. We talked about the future direction of the company as it relates to new business and from what I could understand, management is currently at a point where the main revenue producing products that have kept the them in business so far, are in need of further funding or they are in need of more new large accounts to survive. She assured me that management is having meetings and is currently aggressively seeking the funding needed to move forward. She said the management staff is very "passionate" about thier business. IMO once they do get funding, investors will be looking at a whole new level of PPS.

We also talked about the current SEC filing status. This is where the company is in desperate need of help as they are currently one year behind in filing. If and when they get up to date with the filings, and with more funding of course, the RS Group will seek reinstatement to the OTCBB and get off the pinks.

The available information regarding OS and related company info can be found at www.pinksheets.com. According to the DD I have done so far, the OS is around 30mil.

RSGC is definitely a buy a hold at this point for me. I'd like to see if they could pull it together and get this PPS up. At this point it has great bottom play potential.

GLTA

Hydro


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