Replies to post #30757 on RCC Holdings Corp fka RCCH

[moneynmetals]

another good post this morning.

"most shares on the OTC are fake shares and never have to get covered because the companies will go BK,"

I have also heard this from brokers.

"Since RCCH is one of those extremely rare companies they will have to cover at whatever price they can....Period. International Exchange will demand clean certs based on the audited share structure. NSS can't get around that."


Agree 100%. You know, I know, Gene knows it, and soon the shorters will know it.

Respects
MNM

[N.A.T.]

I'm home for ten minutes and out again.

Your answer is what I always hear, but it doesn't address the issue of how they cover when the actual (long) shares in accounts could be more than the authorized shares issued by the company. What happens when the longs refuse to sell, at any price. (I can answer that myself...the price keeps going up until someone sells --- or down until someone gets scared out)