RCC Holdings Corp fka RCCH

[johnnyfiber]

I would say, contacting Webb would be a good start. He might be interested in some of Gene's backround. He may offer some advice on how to proceed with a serious complaint that would garner attention. As frog stated... I also don't believe that there will be any monetary gain from persuing a complaint...but I wouldn't mind making Newton's miserable life...a lot more miserable.

BUSINESS DEVELOPMENT
International Reinsurance Company, Ltd. was founded on February 8, 2000 as a
company providing reinsurance policies to licensed insurance companies, primarily in
international markets. Through its offices in the Eastern Caribbean, the Company provides
unique reinsurance solutions to clients throughout the world. Its business includes the
providing of reinsurance and retrocession to writers of property and casualty, accident and
health, and annuity business. International Reinsurance Company was incorporated in the
Island of Nevis on September 13, 2002.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=7688

http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=WSMI

http://www.sbcounty.gov/courts/index.asp


Most recent State filings:

http://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20091020081&fileId=20101140192

http://www.sunbiz.org/pdf/70816363.pdf

Mr. Newton may soon be facing some pointed, and not so easily avoided, questions from U.S. regulators. Stockwatch has learned that some disgruntled investors and interested market observers have filed complaints about RCC with the SEC.

"I hope someone is taking a close look at RCC Holdings Corp trading Pink OTC as RCCH," one such complaint addressed to the SEC enforcement division and the Miami SEC office reads. "If not, I think they should.

"Among other things such as touting revenues, contracts and the usual fluff which cannot be verified, they spent approx 9 months touting an 'uplisting' to an 'international stock exchange' and to a lesser extent their new board of directors. This began in May of 2008."

The complaint, a copy of which was given to Stockwatch, goes on to provide excerpts from nine RCC news releases dating back to May 15, 2008, as well as links to some of those news releases.

Given all of RCC's promotional puffery and the lack of even basic current information about the company, the pink sheet outfit is likely a very good candidate for an SEC suspension.

Meanwhile, RCC's daily trading volume, which touched a lofty all-time high of more than 793.2 million shares on Jan. 7 and flirted with 241 million shares on Feb. 5 following the company's backpedalling news release, has dropped off in recent sessions.

With a more modest 62.4 million shares changing hands, RCC closed at one-100th of a penny on Feb. ll.

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http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-U:RCCH-1574156&symbol=RCCH&news_region=U