InvestorsHub Logo
Followers 5
Posts 799
Boards Moderated 0
Alias Born 06/05/2012

Re: None

Friday, 06/14/2013 12:51:06 PM

Friday, June 14, 2013 12:51:06 PM

Post# of 5577
BS aside, Here's why I like this stock.
Very little stock for public to buy! Very few shareholders! Thus there is very little attention given to this company. But, if RHCO continues to post positive earnings and if they do show big increases in revenue as is expected, any significant buying should cause big moves in the pps.
Based on latest numbers I could find, Of the current 158,467,074 outstanding shares, 35,163,922 were original shareholders of Wellux International. The remaining 123,303,152 are controled by 20-21 shareholders. 81,703,152 of those are contolled by 3 shareholders and most (about 40 million shares) are controlled by the CEO Mssr. Steenbergen.
Want to see for yourself, 150,267,074 shares (115, 103,152 + 35,163,922 = 150,267,074)are detailed here: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=59422 (pages 21 & 26)
The additional 8,200,000 shares can be found here: http://www.otcmarkets.com/financialReportViewer?symbol=RHCO&id=105864 (page 2)