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Re: johnnyfiber post# 76043

Tuesday, 11/03/2009 7:41:04 PM

Tuesday, November 03, 2009 7:41:04 PM

Post# of 118239
This is the email I sent. I'm going to subsitute xxx's for my name and location:

Hi,

My name is XXX XXXXX. I live in XXXXX, XXXXX, Canada and about a year ago I invested some money into a pink sheet company called RCC Holdings. The company had issued several PR's about uplisting to an international exchange. It was later clarified by CEO Gene Newton that he intended to reverse merger one of the companies under the RCCH umbrella, RCC International Wastewater Systems into a TSX shell. http://www.rcciws.com/

This was in the spring of this year. The company made several statements in private messages to shareholders saying that they have completed their end regarding the reverse merger and that the TSX was just "taking their time". They to this date have not issued a joint press release with a CPC shell announcing the intention to reverse merge IWS or have filed documents on Sedar.

Gene Newton has additionally told people in private messages that the last few press releases that were issued over the business wires back in the spring of 2009 were written by the TSX as part of the merger proccess. He also has told investors that he received a congratulatory phone call in mid September of this year saying the reverse merger was "completed".

I bring this up because I have serious concerns about this company. Firstly:

It is a pink sheet stock with a share price of 0.0001
It has a gagged transfer agent
The A/S has been increased to 10 billion shares over the last year.
The Company doesn't seem to have a real coporate office, choosing to use virtual offices as their corporate headquarters. (Currently in downtown Montreal)
The CEO has indicated that there is a large naked short position in the companies stock, pointing his finger at NITE as a Market Maker that has been naked short selling RCCH shares. He also emailed me and other investors a youtube video which indicated that NITE was connected to the Gambino crime family)

Is there any information you could provide me to indicate if this company RCC Holdings or RCC International Wastewater Systems is in the proccess of actually reverse merging RCC IWS to either the TSX or the TSX Venture. If they have never contacted the TSX and you have no listing of this pink sheet company in your database it would also be helpful information for me. I think this company is likely a scam company that is using the reputation of the TSX to dupe investors and I in particular will not tolerate that. I have gathered emails messages from the company's CEO and those connected through apparent joint ventures in case I need to provide them to the authorities in the case they wish to investigate the claims made by this company.

If they are a legit operation and my feelings are simply reactionary, I will apologize to both the TSX and Gene Newton for creating a ruckus but there are too many red flags here and I hate to see people being exploited. There have been several Ponzi scams busted over the last year and probably countless other ones still in operation and it sickens me. The fact that as a Canadian investor, dragging the name of the TSX into such a potential scam disheartens me in particular as there are several wonder companies both on the TSX and the Venture in which I hold positions.

Please help me....
XXXX XXXXXX
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