RCMW Group Inc (fka RCMW)

[rlivingston]

I have been viewing the shorting issue from a different standpoint. There has been tremendous volume on this stock recently, based primarily on the China deal. I believe there are a lot of people holding this stock at a much higher price than its current market, all hoping the China deal will materialize. I believe there are also a lot of people betting that history will repeat itself. Schehner has a history of making statements about multi-million dollar deals coming with no follow through.

As you know, General Bio Energy, Inc. was formerly known as Canadian Green Fuels. In 2008, Schehner announced a deal to supply biodiesel to FC Stone Group worth $15-20 million. Of course, this opportunity never materialized.

http://www.canada.com/reginaleaderpost/news/story.html?id=be7f4be0-21de-4614-add0-ad66765f5f7b

Also in 2008, announcements were made regarding the building of a $50 miillion 200 million liter per year biofuel plant. Of course, that never materialized also.

http://www.greentrucker.com/index.php?pgsIA=84&pgnorIA=87&pgnopIA=13&iEnviroArticle=48&p=environmentalnewspage

Both of these annoucements were before General Bio Energy, Inc. was acquired as a subsidiary of CPOW.

If I were shorting this stock, I would be betting on the trend to continue and nothing substantive will follow Schehner's announcement, and there will be just as many people trying to dump there stock.

I also think they are going to string these press releases out as long as possible. We know cash is tight, and all of these losses have been funded by related party loans to the company or other debt. Every time there is a press release, this little cash-strapped company gets a lot of free advertising. I would want to drag that out as long as possible. Also, press realeases and 8-k's cost money, which many not be much, but it is a lot to a small company leveraged to the hilt.