$RCHN RCHN..Share structure.. Shares outs
Post# of 74
RCHN..Share structure..
Shares outstanding = 22,505,712
Float = 4,371,311
Total number of beneficial shareholders (NOBOS): 473
Total number of shareholders of record: 17
Employee held stock - 408,401 (restricted)
Jean Agobert = 1,162,000 (restricted)
Gabriel Rouchon = 16,160,000 (restricted)
William A. Adams = 1,657,890
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The total amount held by William Adams is included in the float..so we know where this much of the float is..
William A. Adams = 1,657,890
Three large holders on IHUB = 1,200,000 (about)
Other misc holders = 500,000 (about)
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So we know where approximately 3,357,860 shares are out of 4,371,311
This leaves approximately 1,013,421 floating somewhere
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The ex-insider Bill Adams is part of our group and in our Skype room, he along with everyone else is not selling until around $1.00..if you would like to talk to him let me know and I will hook you up
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We also believe that the float is smaller yet due to the fact that there are approximately 17 holders of record that are unaccounted for..this is important because they hold certs..and these have to be accepted by a broker in order to be sold..but there are few if any that will accept certs on a penny stocks.. this was not true in the past but today it is very difficult to transfer or get a broker to accept the certs..but this is not a large factor because we know that in the current NOBOS 10% of the holders hold 80% of the float..so around 45 holders hold 3,511,311 shares
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There is a major event ground breaking event to be announced in the third quarter. We believe this will be the entry into the medical dental field..the 3rd and 4th quarters will be great with the 4th being the best..we have a very close relationship with the CEO and actually wrote the last PR for him..otcbargains will be talking to him on the phone in the second week of Sepetember..he is in China now getting their China division into full operation..we have also been talking to him about possibly..retiring some of his shares, a open market buy back, some insider purchases
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This is from the 2nd Q PR that was released Aug 09, 2012 along with their filing
Gabriel Rouchon, Swiftech's Chairman and CEO, stated, "Our entire organization is delivering on the
Company's goals and producing results that are exceeding expectations. In addition to a portfolio of existing
Purchase orders spanning deliveries until the end of 2012, and an unprecedented number of new products
Released in the past 6 months, we also have several major product development projects on the verge of
completion that we plan on unveiling well before year end. We do expect these new product lines to further
Reinforce Swiftech's position as a leading solution provider in the industry, and thus anticipates even stronger
Results in the next two quarters and beyond. We continue to see a sustained demand across all major products
lines, and the ramp up of our China division to begin sales in the China market is expected to further add to the
bottom line. I would like to take this opportunity to thank our loyal and talented employees for their hard
work, as well as our shareholders for their trust and unwavering support.
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Some key points..
Their major (biggest) customer is Intel..which is not really general public knowledge..
They have no long term debt, convertibles, warrants, options or toxic financing of any type or has there ever been *PERIOD*
Here is link to DD package that has links to the filings