Replies to post #100587 on RCC Holdings Corp fka RCCH

[frogdreaming]

You are still missing the entire point of the exercise.

My comment – Proven correct again. Their intent was to clear the very small subset of fails to deliver without new buy sell activity. It did not happen and the lack of volume indicates that.

You seem to be saying that any clearing of the subset of fails to deliver would have an impact on the volume. You are mistaken. A fail to deliver is not a short sale. The clearing of such a 'fail' does not require the purchase of another share, all it requires is internal housekeeping within the DTC. Such activity would have absolutely no impact on the volume.

Please understand that just because a short sale would automatically result in a fail to deliver, the inverse is not true. All fails to deliver are not the result of short sales, they are the result of a transaction not being completed for ANY reason. In this case legitimate transactions not being cleared due to the clearing house refusing to participate.

The reality of the situation dictates that there would be no effect to the volume if the clearing of all fails to deliver was completed with 100% effectivity.

[Jimthorpe]

MC- You could be correct but i have heard one person has bought this week. i agree we will have to wait for either the lawsuit with gerdeme, or others and a very nice PR, Either financials which i don't believe will come or a reverse merger. Something Gene will do in time. I was hoping in one way for volume but im ok to wait. How long i don't know but i believe Gene will come through, Baida is on our side. If we were a scam SEC would be all over RCCH. If they are a scam then halt us NOW. People are getting worn out by people on this board, I will continue to hold my 100 million and still will wait for pennies plus!

[N.A.T.]

Glad for the clearly spelled out reasoning. I hope you are right. I was certain the actions allowed this week were directed at a specific group of trades, and would have little or no effect for us. I still remain hopeful, but completely disatisfied by Gene's continued hiding from us.