RCC Holdings Corp fka RCCH

[frogdreaming]

An excellent point has been made. It is illegal for anyone to own more than 5% of the OUTSTANDING STOCK without filing 'insider' status documents.

That means that Gendarme must have purchased their shares in smaller increments than the 2.1 billion share total. That is obviously why the deal took several months to complete.

Think it through to the next step. If Gendarme bought 4.999% of the OS from Newton with the stipulation that the shares were restricted, how could they possibly return for more unless they had sold their previous allotment?

Even today with the OS at maximum 10 billion shares, the largest amount Gendarme could buy at one time would be 499 Million shares. It would take several iterations of purchase and sale to complete the 2.1 Billion total.

Not only did Gene know what was happening, he must have approved, otherwise he would have refused to continue the transactions.

Take it one step further. Who is the SEC really after?

Gendarme is the first and easiest target for their process. What will the Gendarme principles do when the SEC offers them a deal?

DO you suppose it will take them more than a heartbeat to roll over on their partners in crime? LOL