RCC Holdings Corp fka RCCH

[frogdreaming]

Well that is an interesting viewpoint that deserves some consideration.

The lock could be both beneficial and detrimental. Less shares to trade for now, price increases. The bad is people who have shares want to buy more. The good, people who want out cant sell.

So the strategy of the company might revolve around which side of the coin is most beneficial. If there are more investors wanting out then it is clearly in the company's best interest to keep the lock in place. Additionally if the number of shares in play can be restricted, then even silly nonsense PRs might cause enough action to bump up the pps briefly. On the other hand lifting the lock doesn't appear to offer much to the company. The bid doesn't ever last long even in a restricted market, if it was completely open there wouldn't be any bid lasting more than a few seconds.

Given the choices it seems obvious that RCCH has no real interest in having the lock lifted, in fact they are getting more advantage from the lock than they would get without it.