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Kramrer

09/16/08 12:36 PM

#22615 RE: johnnyfiber #22613

Thanks johnnyfiber..I have been doing some reading and I agree with you.
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stayfocused

09/16/08 12:44 PM

#22617 RE: johnnyfiber #22613

It's still dilutive to the O/S, restricted shares are counted in O/S formula.
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martingale

09/16/08 12:56 PM

#22629 RE: johnnyfiber #22613

Johnny you need to see the paper filing of the REGDEX to determine whether it was a 504 (sale of common on the market)
or 505 or 506 (privately arranged sale of common). The vast majority of these turn out to be REG 504. You can order from the SEC by mail I guess.

My point is they would not be arranging for the sale of securities at this late date if they intended to move off the pink sheets and is the strongest evidence I have seen yet on what their true intentions are. Especially a filing today and effective on 9/11/08 if your info is correct.

REGDEX filings are always feared in the pinksheets by experienced traders. Dilution usually begins within days or weeks.
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bag8ger

09/16/08 1:00 PM

#22633 RE: johnnyfiber #22613

Note too, it's RCCH, not RCC-IWS.