Replies to post #93143 on RCC Holdings Corp fka RCCH

[mknuds]

"details"..........................

Tuesday, 22 February 2011 09:27

The Company wishes to report that it is in the process of compiling financial statements and hopes to post them soon. Basically, the Company is still in the development stage. Currently using loans from its control shareholder( who would be the control shareholder? How many shares does this person/entity hold?) to finance development activities, such as its current pursuit of contracts for International Water Solutions (IWS).(Why would RCCH be looking for contracts for something they evidently don't own?) The Company is also open to and is reviewing acquisition possibilities.(Claude Smith left a company he started and went to a company that RCCH was in a working environment with. Why would he do this?) In view of the alleged short interest in the Company's stock and the distortions that a short position might cause in shareholder voting,(could this mean IF there are more shares sold than are really out there, some shareholders may not have a legal right too vote?) the Company has issued a super-voting preferred stock.( I would never say it couldn't happen, but where does it say RCCH is selling these shares, could Gene swap these shares for real common shares?) This preferred stock has no dividend rights.