Read the Stocklemon (aka Citron Research) article posted about RCAU on April 16th. This company has scam written all over it, please tread lightly. Also, this company isn't anywhere near the reporting requirements to get onto the AMEX or even the OTCBB at this point.
www.stocklemon.com
Stocklemon reports are always self-serving and they always only look at one side of the issue but they are usually on the ball when it comes to exposing a scam.
Good luck man and please be careful.
www.stocklemon.com
Stocklemon reports are always self-serving and they always only look at one side of the issue but they are usually on the ball when it comes to exposing a scam.
Good luck man and please be careful.
I'm pretty confident in this one. Ever since the now #1 toyota dealers signed one of the first contracts with rcau, its been growing fast. Lemmon just couldn't understand how rcau could grow so fast. The only problem is that rcau is a pink sheet and anything can happen. Here are some of the companies rcau has contracts with.
Ebay motors
Toyota
Honda
GM
and so on, pretty much everyone.
Car manufactures have not been doing well at all, so dealerships are trying to maximize there sales. Rcau is the 1st step in doing that. Rcau is also isuing a 20% dividend come may 28th. Most pinks are full of shit, but I think I'm willing to take chance with this one one. I'm a little skeptical about the Divident, but you cant make up all these contracts with these names?? I'll be watching very carefully and will continue to stay with it for now.
