Thursday, August 28, 2008 10:19:51 AM
It says RCC updates Shareholders; maybe RCCN was not a typo?
Maybe some clue?
RCC Updates ShareholdersLast update: 8/28/2008 10:00:07 AMORLANDO, Fla., Aug 28, 2008 (BUSINESS WIRE) -- RCC Holdings (Pink Sheets:RCCN) today issued the following update to shareholders regarding the progress made over the last few months especially for its subsidiary, RCC/IWS: It is a fact that the economy has slowed significantly in real estate development. This slowdown has had both positive and negative impacts on RCC/IWS. On the negative side, business that was expected to close earlier in 2008 has been delayed and is expected to close shortly. On the positive side, because large projects are becoming more increasingly difficult to finance, the trend is towards smaller, phased projects, where the RCC/IWS ETV () verified system has strong competitive advantages. In a time when competitors are cutting back or even failing in some instances, RCC/IWS is increasing customer awareness of its strength and capability, surviving the economic downturn, and actually growing during what has been a difficult time for most industry participants. It has positioned itself well for both growth and slower developing projects, and is expected to continue to grow, even with the downturn lasting into 2009 and beyond. As an example, it has begun work on its first international project, which will be announced when the planning and design complete favorably. In other events of note, The Eye On America piece has been successfully completed and is scheduled to air nationally in early October. The Eye On America piece allowed RCC/IWS to deliver its message to those who have not heard of it before, letting customers know that we are a "Solutions" company of major achievement. This piece will form a solid piece of the company's future marketing coupled with the re-vamped website which is scheduled to be available around the same time as the Eye On America launch. RCC continues to support RCC/IWS during this critical period and is happy for the positive movement upward during these difficult times. Finally, the up-listing remains on schedule, with further announcements coming in the near future. SOURCE: RCC Holdings Corporation
RCC Holdings Corporation Gene Newton 909-483-6500Copyright Business Wire 2008 Copyright © 2008 MarketWatch
Maybe some clue?
RCC Updates ShareholdersLast update: 8/28/2008 10:00:07 AMORLANDO, Fla., Aug 28, 2008 (BUSINESS WIRE) -- RCC Holdings (Pink Sheets:RCCN) today issued the following update to shareholders regarding the progress made over the last few months especially for its subsidiary, RCC/IWS: It is a fact that the economy has slowed significantly in real estate development. This slowdown has had both positive and negative impacts on RCC/IWS. On the negative side, business that was expected to close earlier in 2008 has been delayed and is expected to close shortly. On the positive side, because large projects are becoming more increasingly difficult to finance, the trend is towards smaller, phased projects, where the RCC/IWS ETV () verified system has strong competitive advantages. In a time when competitors are cutting back or even failing in some instances, RCC/IWS is increasing customer awareness of its strength and capability, surviving the economic downturn, and actually growing during what has been a difficult time for most industry participants. It has positioned itself well for both growth and slower developing projects, and is expected to continue to grow, even with the downturn lasting into 2009 and beyond. As an example, it has begun work on its first international project, which will be announced when the planning and design complete favorably. In other events of note, The Eye On America piece has been successfully completed and is scheduled to air nationally in early October. The Eye On America piece allowed RCC/IWS to deliver its message to those who have not heard of it before, letting customers know that we are a "Solutions" company of major achievement. This piece will form a solid piece of the company's future marketing coupled with the re-vamped website which is scheduled to be available around the same time as the Eye On America launch. RCC continues to support RCC/IWS during this critical period and is happy for the positive movement upward during these difficult times. Finally, the up-listing remains on schedule, with further announcements coming in the near future. SOURCE: RCC Holdings Corporation
RCC Holdings Corporation Gene Newton 909-483-6500Copyright Business Wire 2008 Copyright © 2008 MarketWatch
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