Rackwise Inc. (fka RACK)

[Renee]

RACK registration revoked:

https://www.sec.gov/litigation/admin/2019/34-85556.pdf

[getmoreshares]

04/09/2019 08:52:31
12(j)Registration Revoked by SEC
04/09/2019 08:53:00
RACK
Rackwise, Inc. Common Stock
Other OTC
https://otce.finra.org/otce/dailyList

[Renee]

As warned, RACK SEC Suspension for severely delinquent Financials/Filings:

https://www.sec.gov/litigation/suspensions/2018/34-84241.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-84241-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2018/34-84240.pdf

[Renee]

RACK is severely delinquent in filing the company's Financials. The stock is at risk of an SEC Suspension and subsequent stock registration revocation.

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001476638&owner=exclude&count=40&hidefilings=0

[willlbone]

RACK them up and knock them down.

[notshir]

Let's it dis potty stott'd!?@$$

[smalltimetrader]

13:11 8/2/2013 RACK Rackwise, Inc. RACKD Rackwise, Inc. NEW Common Stock 1-300 R/S **

[notshir]

Is RACK "shetting 'th bed????

[notshir]

google probability of RACK bankruptcy

[trader53]

RACK 0.0075 - Depth/Level II - Time & Sales

http://www.investorpoint.com/stock/RACK-Rackwise+Inc./market-makers-level2/

http://stockcharts.com/h-sc/ui?s=RACK&p=D&yr=0&mn=4&dy=0&id=p74704627768

[trader53]

RACK 0.0075 - Trend Analysis

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9353039
http://www.otcmarkets.com/stock/RACK/filings

Technical/Trend Analysis
http://www.stockta.com/cgi-bin/analysis.pl?symb=RACK&cobrand=&mode=stock
http://www.stockta.com/cgi-bin/analysis.pl?symb=RACK&mode=table&table=trend&num1=1

http://stockcharts.com/h-sc/ui?s=RACK&p=D&yr=0&mn=4&dy=0&id=p74704627768

[trader53]

RACK 0.0075 - Share Structure

300,000,000 Shares Authorized
117,732,201 Shares Outstanding a/o May 17, 2013
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9306492

Effective May 29, 2013
a reverse stock split was authorized and approved
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9335304

http://www.allotcbb.com/quote.php?symbol=rack

http://www.otcmarkets.com/stock/RACK/filings
http://www.otcmarkets.com/stock/RACK/company-info

http://stockcharts.com/h-sc/ui?s=RACK&p=D&yr=0&mn=4&dy=0&id=p74704627768


http://stockcharts.com/h-sc/ui?s=RACK&p=D&yr=0&mn=9&dy=0&id=p49336275986

[trader53]

RACK 0.0075 - Targets 0.012 / 0.03 / 0.04

300,000,000 Shares Authorized
117,732,201 Shares Outstanding a/o May 17, 2013
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9306492
http://www.otcmarkets.com/stock/RACK/filings
http://www.otcmarkets.com/stock/RACK/company-info
http://stockcharts.com/h-sc/ui?s=RACK&p=D&yr=0&mn=4&dy=0&id=p74704627768

[RACKnRICKY]

well...load up some now...and than when it goes to trips,get a chit load more! good example rdsh

[Roy London]

rack setting

[Roy London]

rack is gearing up...again

[notshir]

I consider myself to be a pretty clever gambler. I've had my eye on this one. The last three I tried "tanked." My Gamblers Anonymous meetings say get second opinions. Is this a bad place to make money, or is it just me? Thanks and good luck to all.

[DynomiteJT]

RACK is going to go up bigly before July, now is the time to load IMO, watch! With a float of prob 40 million this will move fast on little volume. Rack Systems is the wave of the future. Loading all the 02s I can.

RACK
Dynomite!

[iamnobody]

Just started looking into this. FEIGHAN EDWARD F - Did an actual purchase @ .15.

Andrew William V has an option to buy more shares but at much higher prices - eligible July 18 of this year.


Interesting.

[gail]

only 30k at .03.

[gail]

yup

[the_newbie]

Going green today it seems

[gail]

now maybe someone can hit the ask like me and a friend did.

[StockRocket]

i got some .021s thankyou.

[iamnobody]

I'll be watching this one......moves big on little volume

[gail]

some lucky person...............

..

is loading up at 21.

[gail]

maybe erik (below) can get us moving.

[gail]

30 (just keeping track)

[gail]

ya, i agree. and the ask side is still thin to the 4s.

[huggums]

Low volume sell off, could be someone who bought yesterday looking for a run. Are you done yet? Can we look at some positives please?

[gail]

getting to it would be nice start.

[huggums]

So the OS is a lot lower than I assumed it would be. I don't know enough about the biz to either justify or criticize the office/warehouse lease agreements. Wondering if all are still needed since they seem to have streamlines and shut down some regional offices. I-box shows 5 regional offices. Website shows three, with London and San Francisco being new. So, I guess the suits from the staffing companies makes sense in a way. But, If the 4 offices had been profitable or enhancing biz, they would not have shut them down, imo. Looks like the Dallas office is the only original one they kept. So, I guess they will deal with the former employees in court. But feel they must have some cause that can be shown in their favor. But, I guess you never know what was in the original contract. The letter from Nlyte is confusing to me since I believed they only used licensed software from partners. If so, the burden would be on those partners don't you think? Possibly the letter was sent to many? I guess a call to the company could answer a few of these questions. But, I see no way around not paying the IRS. Sounds like some of the debt was inherited from the merger, but they need to settle, pay or get on a payment plan, imo. Was very happy to read they got off the expensive IR merry go round. The agreement they signed in January makes sense and seems more fair, imo. Biz seems to be improving, with the 4th Q almost 70% better than the 3rd Q. The funding is impossible for me to figure out, except that Black Diamond still feels confident to lend. The last tranche (1.75 million) of last Falls funding should be in their account now. Would love a pr addressing much of what I have addressed here, but I usually don't get what I want, lol. I read the K yesterday and after a nights sleep, these thoughts, opinions and questions stayed in the front. But, do know from experience that every time you read such a document, you see/learn something new. So, probably need to read it again...all this just my opinion, so if anyone can clarify or would share their opinion, that would be great!

[iamnobody]

RACK has potential...Resistance @ .06,.12,.14.

Attempting to rebound here.

[russkyigor]

$RACK similar pattern here as the same time frame last year when annuals came out...like what I see here :)

[StockRocket]

RACK exhibiting Industry TOP Trade show--> Interop in May...http://www.interop.com/lasvegas/2013/exhibitor-list/

[StockRocket]

http://www.rackwise.com/clients....Fortune 500 Clients

[StockRocket]

When insiders buy at .15 then .03 is a deal...The chart is retracing up.

[StockRocket]

*CONF. CALL THursday...Looking forward to it.

[StockRocket]

Revenues up to $3.2M 2012 vs. 2M 2011...Weighted Average Number of Common Shares
Outstanding - Basic and Diluted 2012 97,765,439
2011 52,737,927



Rackwise, Inc. and Subsidiary
Consolidated Statements of Operations

For The Years Ended
December 31,
2012 2011

Revenues $ 3,253,436 $ 2,020,048

Direct cost of revenues 575,956 216,682

Gross Profit 2,677,480 1,803,366

Operating Expenses

Sales and marketing 4,639,283 1,936,524
Research and development 2,407,818 1,057,768
Transaction expenses - 1,264,688
General and administrative 4,285,233 5,653,656

Total Operating Expenses 11,332,334 9,912,636

Loss From Operations (8,654,854 ) (8,109,270 )

Other Income (Expense)
Interest (97,118 ) (333,726 )
Amortization of debt discount (604,605 ) (632,380 )
Amortization of deferred financing costs (49,662 ) (347,632 )
Induced note conversion (76,736 )
Gain on change in fair value of derivative liabilities - 542,283
Loss on extinguishment (113,925 ) -
Other income, net 3,215 -

Total Other Expense (938,831 ) (771,455 )

Net Loss $ (9,593,685 ) $ (8,880,725 )

Net Loss Per Common Share - Basic and Diluted $ (0.10 ) $ (0.17 )

Weighted Average Number of Common Shares
Outstanding - Basic and Diluted 97,765,439 52,737,927

See Notes to these Consolidated Financial Statements
F- 3

[StockRocket]

its a penny stock...no 10K are perfect...thats why they are penny stocks....whats important here is the business is alive and growing....and the chart is at the very bottom on relatively low os and small float.

[huggums]

On a quick look, not quite the 10k I wanted. But, knowing from last falls filing they got 1.75 million in funding yesterday, so they have some cash. Will it solve some of the issues that cropped up? Beats me, but they have a webinar on thursday that could be interesting to learn more about the company and data storage in genmeral. I admit, I am ignorant about it. But, I am working during the webinar, has anyone signed up? It says they already service 150 companies, and I think they have one customer who is 15 to 20% of their total revenue, so they must need more companies to sign up for all their services, not just one or two, I assume. I really would love to hear from someone who has a grasp on the data management/storage business. Looking forward to getting a chance to sit and read the 10k fully.

[StockRocket]

I added 20k more today..It near the friggen bottom..no brainer

[StockRocket]

People got scared when I didn't alert this...but it's a very good play

[gail]

bids coming back up.

[only money]

Gonna take some time but if we can get the right financing terms and sales we should do well.

[StockRocket]

10k is good company is alive...117 OS float prolly 1/3 of that