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Re: Hedge Starz post# 59030

Friday, 02/13/2009 1:52:11 PM

Friday, February 13, 2009 1:52:11 PM

Post# of 118239
All the due dilligence you supposedly have cannot explain these
facts disclosed. This is relevant DD. Permits, approvals,
3rd party discussions are interesting but do not address
the real business value or lack thereof of RCCH:


Through the first nine months of 2007, RCC had operating expenses of $216,232 and did not generate a penny of income. Incredibly, through the first three quarters of 2007 the company's balance sheet did not change at all from the balance sheet for the year ended Dec. 31, 2006. As of Sept. 30, 2007, RCC reported exactly the same total assets of $455,727 against total liabilities of $833,317 and had the same working capital deficit of $727,903 as it reported at the end of 2006.

LMAO. What about that $80M RCCL/RCCH supposedly had???

RCCH had zero income up until Sept.07 and since then has sold shares relentlessly to pay the bills.

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