RCC Holdings Corp fka RCCH

[johnnyfiber]

ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On September 27, 2006, UC HUB Group, Inc. (the "Registrant") acquired the assets of International Wastewater Systems ("IWS") for 1,500,000 restricted shares of the Registrant's common stock and an additional amount of 1,500,000 restricted shares of the Registrant's common stock upon hitting sales benchmarks to be agreed upon by Larry Wilcox and Claude Smith. Notwithstanding this, in the event the assets of IWS, after acquisition, are sold or made available in some new corporate form, the additional 1,500,000 shares will be deemed earned by the original owners of IWS.

A wastewater system with software and licenses and related intellectual properties organized and in business for the past years has been acquired with the assets of IWS. In addition, the past operating liabilities and during the transition will not be part of any deal or liability to the Registrant. A copy of the acquisition agreement is attached to this Current Report as an exhibit.

http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?SessionID=rUQBWLubcd6trn0&ID=4674498

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Former 'CHiPs' Star Slapped With Stock Fraud Charges

Actor Larry Wilcox, who played Officer Jon Baker on the '70s hit show "CHiPs," was among several people charged with fraud by the Securities and Exchange Commission Thursday.

The SEC claimed that Wilcox and others participated in illegal kickback schemes involving penny stocks.

"The schemes generally involved the payment of kickbacks to purportedly corrupt pension fund managers or stockbrokers," the SEC alleges, adding that, in exchange, those managers or brokers would use clients' money to buy stock in the defendants' companies, manipulating stock prices.

FBI agents or "confidential sources" acted as managers and brokers in a sting operation.

Wilcox is CEO of UC Hub Group, which trades on the pink sheets. The company is described as a startup focused on mining and drilling.

The SEC alleges that Wilcox paid kickbacks to a "pension fund trustee" who was actually an undercover FBI agent.

"Wilcox paid a kickback to the trustee for the purchase of 800,000 restricted shares of UC Hub," the complaint reads. "Later, Wilcox agreed to pay another kickback for a second purchase of 800,000 restricted shares."

The SEC is seeking an unnamed penalty, disgorgement of illegal gains, and wants Wilcox barred from being an officer in a publicly traded company.

No response yet from Wilcox, who maintains an official website which most recently touted a new charity he's set up called Gems for Gems.

"Created out of the sapphire mine he managed in Montana," the site's press release states, "his plans are to donate special gems and bracelets and pendants made from the precious gems to terminally ill children and those in crisis. He also hopes to raise money to fund the health, educational and psychological needs of children around the world."

http://www.cnbc.com/id/39562699

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http://assets.bizjournals.com/cms_media/southflorida/pdf/Wilcox%20plea.pdf

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SEC Charges Penny Stock Promoters in Series of Kickback Schemes
FOR IMMEDIATE RELEASE
2010-187

http://www.sec.gov/news/press/2010/2010-187.htm

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