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Re: ThSeeker post# 95750

Sunday, 04/03/2011 12:30:00 AM

Sunday, April 03, 2011 12:30:00 AM

Post# of 118239
There is no DD that shows that any transaction took place in which RCCH acquired IWS. If you review the financial filings from before and after the imaginary acquisition, you will see that not a single penny changed hands. (Yes there were actual filings occurring in those days).

IWS by the time that they got in bed with RCCH was an empty shell with zero assets. Claude brought it to Newton and they both took it for a spin. The connection was nothing more than an understanding and a mutual enrichment scheme between the two men. No contract, nothing enforceable. When Claude and Newton parted ways there was no 'ownership' to negotiate. IWS belongs lock stock and barrel to Claude Smith. On the bright side, it isn't worth anything anyway.

So regardless of your 'belief', you can find no link to support that RCCH 'owns' IWS. $25 dollar filings before and after the 'split' prove nothing. Not that RCCH ever owned IWS, nor that there is any connection remaining.

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