New book by Larry Connors Click here Improve your trading - See how
Referencing its strategic plan, RCC management will be attending meetings this week on technologies including solar power, alternative fuels, and hydrogen fuel cells. These meetings will investigate the state of these technologies and how far particular efforts are from commercialization. As companies and technologies become suitable vis-a-vis the RCC strategic plan, efforts will be made by RCC to pursue relationships with selected companies.
Operationally, senior management will be visiting Idaho and Montana the week of April 20. Marketing and sales setup will occur relative to its green housing ventures, as well as new potential customer visits for its RCC/IWS subsidiary. Two projects in the Caribbean are in the pre-proposal phase, gathering information about the magnitude of the task that RCC/IWS would have in each. Each project is substantial in terms of potential future revenues and takes advantage of the RCC/IWS technology and business contacts in that region. It is expected that an initial project outline letter will be submitted, no later than the week of April 20, to proper officials on one of the projects that RCC/IWS will act as a subsidiary supplier on. That phased project would involve a development in excess of 1,000 new homes and would be part of a public/private business relationship, if accepted.
Discussions have occurred with an agency of the US Government, setting up the possibility of payment guarantees with potential international projects. RCC feels it is important when operating in developing countries, that solid payment structures are in place when business is undertaken. With management experience in international projects and the need for the United States to increase its business thrust overseas, the company feels that this is an ideal time break into new territories, solidified by proper payment guarantees and international banking relationships.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: RCC Holdings, Corp.
RCC Holdings Corp. Gene Newton, CEO, 909-483-6500
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
