Nov 1st 2008, 09:04 System Announcement
by Bogart Beck
Royal Chartered Properties (RCP) DELISTED Effective 11/01/2008 - 12:01AM SLT
Royal Chartered Properties (RCP) DELISTED Effective 11/01/2008 - 12:01AM SLT
Royal Chartered Properties (RCP) has been DELISTED from the SL Capital Exchange effective 12:01AM 11/01/2008 for material Non-Compliance to SL Capital Exchange Policies.
To be very frank, the principles and Officers of RCP have elected to completely abdicate their responsibilities to RCP shareholders in spite of many diligent attempts to compel compliance.
RCP Shareholders are encouraged to seek redress directly via RCP's CEO - Kavai Onizuka via contact in-world or via GMail to kavaionizuka@gmail.com
The RCP Forums will remain active through end-of-month November to allow interested parties to communicate and/or archive information relative to RCP's history.
Bogart Beck
SL CapEx CEO
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Oct 19th, 16:57
Cash Yiyuan Royal Chartered Properties (RCP) HALTED for Financial Reporting Non-
Today, 16:50 system announcement
by Cash Yiyuan
Royal Chartered Properties (RCP) HALTED for Financial Reporting Non-Compliance
Royal Chartered Properties (RCP) HALTED for Financial Reporting Non-Compliance - 010/19/2008/2008
Due to non-compliance with Capex's financial reporting policies, RCP trading has been halted for not posting financials and the Company has been fined pursuant to our posted continued listing requirements.
Trading in RCP will not resume until fully conforming Financials have been posted and the Fine Paid-In-Full.
Cash Yiyuan
SL CapEx Compliance Officer
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Oct 27th, 22:27
Bogart Beck Re: Why NOBODY cares here ?
Edited by author Oct 27th, 22:34
Sports,
Unfortunately on some level you are correct. Should RCP not post Financials by EOM they will be delisted and barred from re-instatement on SL CapEx.
At that point RCP Shareholders would need to seek their own redress with RCP's principles. To be very frank, since its re-listing here from WSE (which Arbitrage did as a FAVOR) this entity has done almost nothing to communicate with or entice its shareholders or potential investors.
It re-listed here 03/01/2008, paid a solitary $0.05 dividend in June and has been essentially MUTE since.
I can certainly empathize if Kavai is ill but one would think that if that's the case another Officer could step in to assume the RESPONSIBILITIES RCP has to its Shareholders.
Seeing as that has not occurred SL CapEx has little choice but to delist RCP for cause.
Unfortunate words, but true IMO.
Bo
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