Replies to post #104668 on RCC Holdings Corp fka RCCH

[Minnesinger]

I think there's a bit of a fallacy...

in your statement:

looks like only 1 more year of the chill.

For the sake of discussion, let's put aside any arguments pertaining to Newton's involvement/complicity/culpability in the Gendarme affair. Let's hypothesize that RCCH is given a clean bill of health, at least with regard to Gendarme, and is allowed to resume trading.

If anyone thinks it will be a flip-of-the-switch action to resume, I believe you are seriously mistaken. I believe that RCCH (and all DTCC chilled companies) will need to re-apply to resume trading. That process will be quite lengthy and will amount to additional months of delay after the Gendarme bit is resolved. Even if they were to R/M, that, too, would be a long and complicated process.

The Gendarme affair notwithstanding, this still has a long, long way to go... well beyond 1 more year...

[stockwinner]

I am so fine with that. We waited for 5 years and can wait for 5 more.