?Recent information received by the BSA indicated the company was unable to pay its debts, and was either insolvent or highly likely to become so unless new capital were injected into the business,? Mr Schwarten said. .... One was a beautiful house on Kings Beach Headland (imagine) and many real estate investments just like RPC. We were one of the sub contractors to be taken for a ride and we are still owed $5000..just kiss it goodbye is what we had to do and get on with ...