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Resource Capital Gold Corp
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RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.
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Bullboard (GREY:GDPEF)
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(44)
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LeftBook
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Post by
LeftBook
on Jul 26, 2019 7:07pm
Lockdown's broker and tax credits
Lockdown, what does you and your broker think about the value of RCG's tax credits and shell ?
(44)
•••
LeftBook
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Post by
LeftBook
on Jul 26, 2019 7:05pm
Jack's e-mail
is this authentic ? seems to be missing words. eg. I had very little [to] work [with] I did everything I could. So sorry it had to come to this, but I had very little work, given the
...more
Pharmaceutical Tech Co Reports 2.7X Revenue Growth Year-Over-Year at US $24 Million
posted Nov 21, 2024 9:00am by
Innocan Pharma Corp
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"Our strong operational and financial momentum continued throughout 2024 and now in the third quarter, we again demonstrated solid financial results. We are pleased to report nine consecutive quarters of continuous revenue growth. Our online platform continues to perform exceptionally well, contributing to our strong nine-month revenue growth of 174% YoY ...read more
(44)
•••
LeftBook
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Comment by
LeftBook
on Jul 26, 2019 4:06pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
so basically 1. RCG management signs credit facility agianst all properties 2. Management runs project to drain cash forcing the company into bankruptcy 3. Weak market ensures that all properties go
...more
(5)
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damianchosenone
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Comment by
damianchosenone
on Jul 26, 2019 3:51pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Group has interviewed several former workers that have told them of the wrongdoings onsite. Gibson signed the deal for the sprott lending facility. Gibson leased faulty equipment from a subdury
...more
(44)
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LeftBook
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Comment by
LeftBook
on Jul 26, 2019 3:43pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
It is going to be challenging for the group from the Reliance to prove that things were predetermined to fail. therager and others made a good case that Dufferin's gold was underdefined at least
...more
(5)
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damianchosenone
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Comment by
damianchosenone
on Jul 26, 2019 12:35pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
There is a group talking with a lawyer now. I know they also have a promise letter from lewis when it was reliance resources that they were going to make their money back. There is lots of proof that
...more
(44)
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LeftBook
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Comment by
LeftBook
on Jul 26, 2019 11:59am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Digging a little deeper. corrected Unsecured creditors might elect to convert that offer to shares. proposal (1) offer secured creditors (sprott) 1 million (2) offer
...more
(44)
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LeftBook
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Comment by
LeftBook
on Jul 26, 2019 11:50am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Thanks for the correction Damian.
(5)
•••
damianchosenone
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Comment by
damianchosenone
on Jul 26, 2019 10:59am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
The 2.2 million was forgiven by sprott lending so it is not owed. Jack and pwc are owed less than that. Also the 2.2 million total was not used up fully. Jack and PwC made in the insolvency agreements
...more
(44)
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LeftBook
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Comment by
LeftBook
on Jul 26, 2019 10:15am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Digging a little deeper. proposal (1) offer secured creditors (sprott) 1 million (2) offer unsecured creditors 1 million (3) 2c per share offer. Equivalent to $3.5M (4) Unsecured
...more
(44)
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LeftBook
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Comment by
LeftBook
on Jul 25, 2019 5:38pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Yes. RCG doesn't have a liability to Sprott Lending. I assume that RCG still has to pay PwC, Jack, etc. Lacking a number I assume it will consume the entire 2.2M of the sale of the properties
...more
(5)
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damianchosenone
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Comment by
damianchosenone
on Jul 25, 2019 4:42pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
The 2.2 million liability would not be included as sprott lending took that off as forgiveness when they acquired the 3 properties. The proposal would also not include the cra debt. I spoke to cra and
...more
(44)
•••
LeftBook
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Comment by
LeftBook
on Jul 25, 2019 2:50pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Damian wrote: someone can make a proposal to offer secured creditors ( sprott) 1 million. ( they should take it as they already got all the properties and wrote off the project). They can
...more
(44)
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LeftBook
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Comment by
LeftBook
on Jul 25, 2019 2:44pm
RE:RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Update balance sheet again. Correcting for items related to real property including liens, reclamation bonds, asset retirement, etc PwC wrote ... As the sale does not provide
...more
(44)
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LeftBook
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Comment by
LeftBook
on Jul 22, 2019 7:57am
RE:RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Hypothetically a shovel ready company could acquire the shell for the cost of the amount owing to CRA, and then pay off all liabilities with tax savings. Some, like Gary Lewis, might prefer shares to
...more
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