RenovaCare, Inc. (RCAR)

[jason_luke]

Harmel Rayat and his family-owned Kalen Capital own 66% of the stock in Renovacare! Rayat is a notorious penny stock promoter. See his history with Octillion, one of countless failed penny promotions that Rayat orchestrated.

https://seekingalpha.com/article/55907-is-octillion-really-worth-134-million

https://seekingalpha.com/article/46455-stay-away-from-octillion

http://thestreetsweeper.org/undersurveillance/SolarWindow_Technologies__After_18_Years__Still_No_Product__No_Revenue__No_Rainbow_Ahead

"Let's pull back the curtain to get a closer look at SolarWindow's great benefactor and chief creditor.

That money guy is Harmel Rayat, an entrepreneur who is particularly adept at promoting his book, speaking engagements and investment website, plus establishing leadership positions in various disappointing companies.

Mr. Rayat was ordered by the Securities and Exchange Commission in 2003 to cease and desist certain activities related to the way his now-defunct stock promotion entity, EquityAlert, pushed another company in which he held various leadership roles, Innotech. Mr. Rayat and his EquityAlert agreed to settle with a civil penalty totaling $40,000."