some thoughts,
after a LOT of digging I have yet to find another company that has done what RCCH is about to do, and that is significant imo.
As has been discussed before at length, the only way to make this kind of move is to have the assets to do it, and apparently our little RCCH does, consider yourself lucky to be holding shares long in your account~
Leaving the US Exchanges altogether is going to force shorty into covering, this is going to be a sight to see when it starts. If the company was to leave any part of RCCH behind on the us exchanges then they would suffer at the hands of the naked shorters forever. This move is a brilliant way to put an end to this nonsense churning everyday in the quest of shaking out shares from us longs.
As far as how we could possbily hold more than the OS? Easy, the only thing in our trading accounts are electronic entries, IOU's basically. When the notice goes out (and it will) from the regulatory agencies and the DTCC to reconcile the books, the share count will be tallied, from the nobo/obo lists and then compared to the DTCC's list, the difference is the short position, naked and legal, that has to be covered. The only place to get the shares neccessary to cover will be to buy them back from us. And most likely more shares are held than what is available, shorty will be scrambling to buy what is offered by us.
I don't care if it has never been done before, it will be done here, period.
This will get cleaned up, or the mm/brokers/competitors that shorted RCCH will be held responsible for cellar boxing this stock in their effort to kill the company.
Newton is very smart to move this out of the US exchanges and the corrupt DTCC's hands. My guess is the NYSE offer was made to keep the company here where they could crush it after uplisting, but thankfully Newton turned them down and has a much better plan.
imo of course~
You can tell who's hit by who's hollerin'
AI
