So why does it say that "PowerHouse" listed in this document refers to a corporation registered in California? Is this RCCH's PowerHouse? Why does the England PowerHouse website http://www.powerhouseenergy.net refer to the company in california? Because that is where the company started. "PowerHouse was originally founded in 2002 and is based in California, with representative offices in London and New York." http://us.mobile.reuters.com/article/article/idUS57575+01-Apr-2011+RNS20110401?irpc=932 (keep in mind London, England is one of the offices listed on the RCCH contact us page).
I have been following RCCH pretty closely and have found, what I think, are some pretty interesting details and a lot of circumstantial data. Unfortunately I have not gotten in contact with Mr. Newton, but I think the CEO, Gene Newton, is trying to keep most of the info hidden until a certain point where he releases everything at once and the price skyrockets like mad.
Some of the other info I have seen is "Bidtimes PLC - Proposed acquisition of PowerHouse Energy, Inc." and "PowerHouse was originally founded in 2002 and is based in California, with representative offices in London and New York."http://us.mobile.reuters.com/article/article/idUS57575+01-Apr-2011+RNS20110401?irpc=932 (keep in mind London, England is one of the offices listed on the RCCH contact us page).
Next "Bidtimes plc, to be renamed PowerHouse Energy Group plc"http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/new-and-recent-issues/new-recent-issue-details.html?issueId=8643. That link contains the old website of http://www.bidtimes.com which says "The Company (Bidtimes) confirms that the current line of stock, with ISIN GB0007773046, has ceased trading as of 6.00 p.m. on 28 June 2011 and the Enlarged Group, trading under the new name PowerHouse Energy Group plc and with a new line of stock (ISIN GB00B4WQVY43), following a capital reorganisation, has been admitted to trading on AIM on 29 June 2011. Please visit www.powerhouseenergy.net for information on PowerHouse Energy Group plc"
Is this just a coincidence that on the same day as RCCH releases the news that it Acquires Power House Energy Solutions, Inc. is the same day that PowerHouse Energy Group plc starts trading under a new ISIN? I don't think so. Could it be that this is the Power House RCCH refers to? I think it is!
If "Our relationship with the Ex-Im Bank just quadrupled" what was the original number that got quadrupled? Well, on http://powerhouse-development.blogspot.com/ John Lux posts "we have obtained a $115,000,000 dollar commitment from The US ExIm Bank for 3.74% currently for 18 years." For those of you who don't know the relationship between Gene Newton (RCCH) and John Lux http://short-stoppers.com/index.php?option=com_contact&view=category&catid=2&Itemid=6 (and I think it is more involved than that). So if the original number was $115,000,000, then quadrupled would be $460,000,000!
If there is a $460,000,000 commitment then why can't we find RCCH or one of it's subs on http://www.exim.gov/congmap/? First, all we know is that there is a commitment, not necessarily that the funds have been disbursed. Secondly, all of the companies listed there have "Total Export Sales Supported" and who knows how long it takes to compile that data and update it on the site?
This is just some of the recent DD that I have come across and there is plenty more if you just keep digging!
Thanks to the other posters that have posted links to some of this information, which I used to keep digging!