Press Releases RCC Holdings Corp. (Pink Sheets: RCCH) Signs Letter of Intent To Acquire Trade Winds Power, Inc.RCC Holdings Corp. (Pink Sheets: RCCH) Signs Letter of Intent To Acquire Trade Winds Power, Inc.
Auli’I, Keaau, Hawaii June 7, 2011 – RCC Holdings Corp. (PINK SHEETS (RCCH) is pleased to announce it has signed a Letter of Intent for the acquisition of Trade Winds Power, Inc. Closing is contingent on satisfactory due diligence and other matters.
RCC Holdings, is pleased to announce it has signed a Letter of Intent for the acquisition of Trade Winds Power, Inc., State of the Art Turbine technologies. In a joint statement, Gene Newton, Chairman of RCC Holdings Corp. and Mr. Hintz, President & Scientific Designer of Trade Winds Power, Inc., (Turbines), said, “We believes that the combined efforts of RCC and Trade Winds Power has immeasurable potential and we look forward to developing a worldwide platform of natural energy resource.” Trade Winds Power Turbines which are designed by utilizing Space Flight Materials, with polyethylene-based properties called RXF1 is even stronger and lighter than aluminum. Trade Winds Power Turbines was developed by Mr. Hintz in an attempt to create a more affordable, desirable and efficient mechanism in delivering a clean energy source, which can be utilized for powering-up everything from remote African villages, to towns and eventually cities around the globe.
URL: http://tradewindspower.us/
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of RCC Holdings Corp. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RCC Holdings Corp. cautions you that any forward-looking information provided by or on behalf of RCC Holdings Corp. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RCC Holdings Corp.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RCC Holdings Corp.'s control. In addition to those discussed in RCC Holdings Corp.'s press releases, public filings, and statements by RCC Holdings Corp.'s management, including, but not limited to, RCC Holdings Corp.'s estimate of the sufficiency of its existing capital resources, RCC Holdings Corp.'s ability to raise additional capital to fund future operations, RCC Holdings Corp.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RCC Holdings Corp.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RCC Holdings Corp. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.