How can we be expected to believe this is a multi billion dollar company when this kind of thing happens? If they are and let that happen then what does that say about how well this company is run? Seems there is always something coming up or failing to happen that causes one to pause and question how healthy RCC is and make it harder to justify any confidence. I just wish they would PR something substantial. If they can PR potential then they should be able and willing to tell us what is actually happening now in terms of contracts in process or any real time success for their holdings. It becomes more and more convincing that they are not making money or doing any new substantial jobs now. They are struggling and trying to upright the boat that turned over in the downturn in the economy. For anyone to claim different is hard to believe. Where is the evidence? Plenty evidence to point to tough times. Little to none to point to healthy times now. Future maybe, now not so much.
Obviously some phase of the operation has come to an end. The abandonment of the California office without paying is pretty damning.
no matter how any of us spin this that is horrible business that they didnt pay that when they left!! just dont understand is this company throwing all its eggs in the iws uplist?? it sure seems if it doesnt move this company is in major trouble!!
If you look at the combination of recent events it certainly looks like a new phase has begun.
The move to Canada is significant. (Realize that the Atlanta address belongs to Evolutech.)
The latest 'news' hasn't mentioned the TSX at all or even hinted at it. It is all about IWS (not RCCH) and the myriad of Joint Ventures that it is pursuing.
The printing of shares has obviously ended as indicated by the return of a bid during the dead cat bounce that coincided with the turning off the printing press. There is no money left to be extracted from the investors without a new source of marketable shares.
All indications are that the TSX gambit has run its course. I expect to see the abandonment of the effort of beating the RCCH 'dead horse' and a move to saddle up the IWS pony.
IWS already has its own stock structure that can certainly be modified and exploited. IWS is the only entity we are hearing any 'news' about. The idea that there is a gag order in place is ludicrous. If there was a gag order involved with any uplist/merger it would apply specifically to IWS yet that is the ONLY facet of RCCH that we ever hear about.
Expect that there will not be any word from RCCH from now on. The only news moving forward will be of IWS. Expect also to learn about a new source of shares. Either IWS specific, or some stock restructure with RCCH shares. I doubt the latter as I think that hand has played out.
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