Replies to post #110566 on RCC Holdings Corp fka RCCH

[dominator]

Thanks, appreciate your insight

[EarnestDD]

At this point, IMO, we will never hear from Newton again and this shell will sit for years only to be delisted.

Excellent assessment.
jmo

[N.A.T.]

That is a very good assessment of Gene and RCCH. I think Gene got caught up in his own bull, and our investments were diluted into to worthless as a result of his incompetence. RCCH is most likely permanently out of business, just waiting for the delisting announcement.
Edited: I forgot to say: Go RCCH (LOL) I don't want or need a tax write-off. I need a winner. (I know this isn't it.)

[ctrumabll]

In terms of RCCH, my honest assestment is that Newton was not a very smart person or versed in the OTC market. One look at the failed S-1 demonstrates this. He was successful at buying EZ Debt, but unfortunately, charging upfront loan fess was illegal. After that, I think IWS was good, but IMO, he made promises to fund it that he could not keep. He then choose the BS fluff route, dilution killed the stock and then getting caught in the Gendarme fiasco, was the nail in the coffin.

So, incompetent but not crooked, at least in the beginning?