Rainmaker Worldwide Inc (RAKR)

[Arthur]

We are in the process of securing $2 million to expand into our stage 1 production level that is estimated to generate revenue of $3 million per year in stage 1 and then $30 million per year in stage 2 production levels.

Source: http://www.otcmarkets.com/stock/CJTF/news/Uptick-Newsire-interviews-Co--CEO-a-3rd-Time-082316?id=138979&b=y

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The Company is an exploration-stage company as most of its efforts have been devoted to raising capital and mineral exploration activities. (...) The Company suffered losses of $115,164 during the six months ended June 30, 2016 and had accumulated a deficit for the period from January 1, 2006 (date of inception) through June 30, 2016 of $4,252,598. (...) As a result of these matters, there is substantial doubt about the Company’s ability to continue as a going concern. Its ability to continue to meet its obligations and carry out its planned exploration activities is uncertain and dependent upon its ability to obtain further financing and ultimately to obtain profitable operations.

The Company will require additional financing, which if not raised, would result in the curtailment of these activities. In the foreseeable future the Company will likely remain dependent on the issuance of debt and paid-in capital to raise funds to explore its properties, and on the availability of project financing for the development of the Company’s properties. The Company is seeking additional financing; however, there can be no assurance that it will be successful in obtaining such financing or on terms acceptable to the Company.

Source: http://www.otcmarkets.com/financialReportViewer?symbol=CJTF&id=158795