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That is admirable to look out for the little guy. I have been doing my own research and I was unaware that this company has multiple forums, could you post a link so I can review as well. Research is always key in this market.
Nothing personal only picking up on what I have read in multiple forums. I have been stung by the RAKRs of the world in the past just not this time. Tired of seeing the little guys getting mislead and screwed while the insiders run off with their money.
The research in one place was useful and I appreciated it. Although I did see moderate revenue in previous years that seems to align with some of the announcements. The pivot to selling water and the ANY deal was what interested me in the company, although at 3:1 it seems to be too good to be executed. The asset sale made more sense to me, but like all speculative companies they will have tons of setbacks and it will always be full of risk.
It is your comments like "The old CEO who doesn't seem to be able to tie his own shoes let alone run a company is back at the helm. The interim CEO vanished in the wind like a smelly fart." that make me feel this is personal for you.
As far as the SEC, people say that all the time but I checked and these guys have a safe harbor statement on every release. That being said, sometimes the CEO and CFO can get their hands slapped. I will be watching the next few Qs to see some results.
I am not selling either way until this go to 50 cents or zilch.
I got lucky and listened to the advice of someone else on this message board. The more I researched this company, the more I realized that its just a scam. Look at the my previous research that I reposted today. This company has made announcement after announcement claiming this deal and that deal but the reality is they have not earned one cent of revenue in 2020 and prior to that nothing measurable either. I'm connecting with the SEC and registering a complaint. This company is a perfect example of why pink companies have such a bad reputation.
Penny, are you a competitor or ex girlfriend? I originally thought maybe a stock shorter but since you only post on this board, I don't think that would be very profitable. You have gone from supposedly a buyer Mar 10 (@.092) to seller Mar 11 (@.097) - considering the stock went up in that single day period I can’t see how you have been negatively impacted. I appreciate the research you have done, but no one takes this much time unless they have an ulterior motive or serious grudge. I bought @ .19 and considering where it is today, I have many more reasons to be negative, but I am still a believer.
This company isn't in the space either because the technology they claim works does not. I did hear they have set up a bottling operation beside the local river and are filling water bottles like crazy. LOL
Not one drop of revenue in 2020!!!
So their financials have finally been posted albeit late and WOW what a disaster!!! They show no revenue, zero, nada, zilch, zip, nul!!!!
Expenses out the whazoo!!!
Let us review some of the press releases they have done to date ....
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Inc-Announced-Today-the-Signing-of-a-Joint-Venture-With-the-Carlaw-Group-Ltd-to-Provide-Water-to-Ken?id=276422
Carlaw (Date: 10/08/2020) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Announces-Multi-Million-Dollar-Joint-Solar-Water-Venture-in-the-Bahamas-and-Contract-for-50-Solar-Ca?id=268737
Bahamas (Date: 07/27/2020) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Signs-Water-as-a-Service-Agreement-with-Jamaicas-Northern-Caribbean-University?id=265606
Jamaica (Date: 06/30/2020) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-and-Pi-Eco-Announce-a-Strategic-Investment-and-Global-Reseller-Agreement?id=252786
PI-ECO (Date: 01/30/2020) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-delivers-its-first-Air-to-Water-unit-to-Sri-Lanka-to-assist-with-water-crisis-in-drought-prone-count?id=204840
Sri Lanka (Date: 09/25/2018) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Announces-Strategic-Alliance-With-Global-Reseller?id=267437
Prism Acqua Technologies (07/13/2018) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-and-Bredenoord-Deliver-Mission-Critical-Water-Supply-Technology-for-Dutch-Military-Bases?id=195261
Dutch Military (Date: 06/12/2018) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Announces-First-Sales-in-South-Africa?id=193865
South Africa (Date: 05/29/2018) = ZERO REVENUE
The old CEO who doesn't seem to be able to tie his own shoes let alone run a company is back at the helm. The interim CEO vanished in the wind like a smelly fart. The interim CFO left. The former CFO left.
What remains? Absolutely nothing.
DO NOT INVEST YOUR HARD EARNED MONEY IN THIS SCAM!!!!!
Lots of Dogs, Pigs and I suspect an Ex-GF or two. Are there any real investors here?
I realize there's alot of hot air and BS on these posts but there's a few people here that really take the cake.
Not alot of public start ups in this space, interesting to see what the restructuring will look like.
The big fat pig lives another day. Would be interesting to see who is trading this sow? I bet its mostly the same connected, in the know people with some mislead little guys getting sucked into the SCAM.
We have a close today at $0.0585 .... the pig is headed to the slaughter house .... rest in peace fat piggy!!!.
Going Going Gone ..... volume drying up, price continues to fall .... lets flush the toilet and get rid of this turd.
When is the next pump coming?
I bought 100k shares at .075 and I’m going in for another 100k shares at this level. I’ll dump them at .10 if I want to make a quick 5 grand plus..... or watch it take its summer climb in a couple months....This stock has been great for me anyway.
This board has gone awfully quiet. RAKR just keeps slipping and slipping. We need another fake announcement and pump campaign to get the activity going again.
Not one drop of revenue in 2020!!!
So their financials have finally been posted albeit late and WOW what a disaster!!! They show no revenue, zero, nada, zilch, zip, nul!!!!
Expenses out the whazoo!!!
Let us review some of the press releases they have done to date ....
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Inc-Announced-Today-the-Signing-of-a-Joint-Venture-With-the-Carlaw-Group-Ltd-to-Provide-Water-to-Ken?id=276422
Carlaw (Date: 10/08/2020) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Announces-Multi-Million-Dollar-Joint-Solar-Water-Venture-in-the-Bahamas-and-Contract-for-50-Solar-Ca?id=268737
Bahamas (Date: 07/27/2020) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Signs-Water-as-a-Service-Agreement-with-Jamaicas-Northern-Caribbean-University?id=265606
Jamaica (Date: 06/30/2020) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-and-Pi-Eco-Announce-a-Strategic-Investment-and-Global-Reseller-Agreement?id=252786
PI-ECO (Date: 01/30/2020) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-delivers-its-first-Air-to-Water-unit-to-Sri-Lanka-to-assist-with-water-crisis-in-drought-prone-count?id=204840
Sri Lanka (Date: 09/25/2018) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Announces-Strategic-Alliance-With-Global-Reseller?id=267437
Prism Acqua Technologies (07/13/2018) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-and-Bredenoord-Deliver-Mission-Critical-Water-Supply-Technology-for-Dutch-Military-Bases?id=195261
Dutch Military (Date: 06/12/2018) = ZERO REVENUE
https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Announces-First-Sales-in-South-Africa?id=193865
South Africa (Date: 05/29/2018) = ZERO REVENUE
The old CEO who doesn't seem to be able to tie his own shoes let alone run a company is back at the helm. The interim CEO vanished in the wind like a smelly fart. The interim CFO left. The former CFO left.
What remains? Absolutely nothing.
DO NOT INVEST YOUR HARD EARNED MONEY IN THIS SCAM!!!!!
Another garbage OTC ticker here in RAKR. A net loss of $22 miilion BIG ones and this trash is in the mining business! What a joke!
The shares of this scam arent worth a slug nickel!
This story raises more questions than it gives answers. Typical pump up our stock type news release. When will this company stop misleading investors and start actually producing revenue.
$RAKR Restructuring Advances Rainmaker’s Strategy to Up-List to the OTCQB
Press Release | 04/06/2021
Rainmaker Worldwide Removes 5.5 Million USD of Debt and Liabilities
Peterborough, CA, April 06, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Rainmaker Worldwide Inc. (OTC: RAKR) (“Company” or “RAKR”) announced today the completion of an Equity Exchange Agreement (“Agreement”) with its Dutch Shareholders that transferred 5.5 million USD in debt and liabilities from RAKR to its Dutch Shareholders who have taken an increased equity position in Rainmaker Holland B.V. (“RHBV”). These same shareholders returned 20 million RAKR shares as part of the Equity Exchange Agreement and the equity expansion of RHBV has reduced RAKR’s ownership to 12%. RAKR has been pursuing a strategic restructuring since late 2020 with three main objectives — rejuvenate RAKR’s balance sheet, expand corporate finance options and explore a wider spectrum of clean water solutions as part of its development of global Water-as-a-Service (“WaaS”) projects.
This Agreement and the 5.5 million USD debt and liability reduction (62% reduction) includes obligations under previous royalty agreements of 1.97 million USD. The original Dutch shareholders retain a 16.9% stake in RAKR while RAKR retains a 12% ownership and one of two seats on RHBV’s supervisory board. This transaction unequivocally transforms RAKR’s balance sheet while significantly improving access to capital for both parties.
This latest restructuring includes 775,000 USD in outstanding promissory notes, loans and debt that were converted into restricted shares previously announced on March 11, 2021. These restructuring actions will substantially improve RAKR’s ability to access capital and position the Company to increase water security and decrease poverty on a global scale. At the same time, RHBV’s access to capital for research and development, manufacturing and product development will be enhanced as it becomes a privately held Dutch entity with far greater access to European grant programs as a result of this Agreement. These outcomes allow RAKR to expand its global WaaS offering with the highest level of technological standards.
RAKR CEO Michael O’Connor stated, “WaaS facilitates significant economic opportunity for regions suffering from severe water stress, which will affect nearly half of the global population by 2030. Estimates show that every US dollar invested in clean water generates five dollars in societal and economic value, and RAKR is dedicated to exploring new ways to deliver higher qualities of life for more communities worldwide.”
RAKR will maintain its operating name as ‘Rainmaker Worldwide Inc.’ with related trademarks, and will retain all WaaS contracts including in Sri Lanka, The Bahamas, Jamaica and Turks and Caicos Islands. In addition, it retains the exclusive rights to use Rainmaker’s (RHBV) Air-to-Water and Water-to-Water technologies for WaaS projects globally. RAKR will purchase products from RHBV using a cost plus 15% formula and in perpetuity on a Most-Favored-Nation basis.
“This further restructuring presents huge growth opportunities for RAKR and RHBV,” stated Mr. O’Connor. “Concurrently, Rainmaker’s exclusivity in the WaaS market with no increase in product costs means that shareholder value is secured for the future as we advance to the OTCQB®.”
About Rainmaker Worldwide Inc.
Rainmaker Worldwide Inc. (OTC: RAKR) is a leader in affordable water solutions through a Water-as-a-Service business model. RAKR is headquartered in Peterborough, Canada. RHBV will be headquartered in Rotterdam, Netherlands. The Company provides economical drinking water at scale wherever it’s needed. Rainmaker was recognized as the Best Community Impact Water Solutions Global 2020 by Capital Finance International. For latest product information and FAQ’s please visit www.rainmakerww.com.
Forward-looking Statements:
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Rainmaker’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Rainmaker’s undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.
Investor Contact
Rainmaker Worldwide Inc.
Michael O’Connor
Executive Chairman and Chief Executive Officer
info@rainmakerww.com
Yes, just another pump before they have to file their financials in a few days. Rather obvious, and it’s not going to work for them.
LOL. The stock is doing nothing.
Its dying. Good investments are based on solid fundamentals not repeated news releases that try to pump the stock.
$RAKR 200k left at 075, down from 325k, excellent news today.
yes, good news today. $RAKR looks to be setting up real nice for .10 break
news today confirms that is not the case. $RAKR 075's thinning
It is very clear they are restructuring for something great. Water is the next gold.
More great news. Nothing is dying. Its the opposite. Be objective and now realize this is a great investment at these levels.
All the charts in the world will not change this story .... its dying
This stock is dying a slow death as it appears to have done many times historically. Volume has dried up and its slowly inching down to zero. It sure would help if they communicated more with shareholders; an update on contracts, etc. We are always left in a lurch.
The latest news tells me this company is making all the right connections. Plus, why would a high power CEO consult for Rainmaker if he thought it was a joke? This company is real !
The European Union funding was specifically for the company registered in the Netherlands. That company appears to be the one of value, and was going to be sold off until there were some regulatory issues they couldn’t resolve in a timely manner.
That is not likely to happen here. I read on another board the leaders of this fiasco spend most of their time in local watering holes rather than building the company.
with strong hands this concept and delivery system could be HUGE! why are they not at least trying to move it forward. why settle for pennies when with work you can own the piggy bank!
We can agree to disagree. I wish you well. Good luck everyone !
So as I said you overstated what really took place! The only reason the stock popped up at those times is it was being pumped or as people like you prefer to say, promoted. There is no military project, that never got off the ground. You need to spend more time researching and less time stretching the truth. As for the Canary Islands there is no chance that project will be anywhere close to commercially viable in the near future. Since you seem to have insider info perhaps you can give everyone an update on all the other sales the company has already announced but appear to have ended up in the abyss.
Didnt mean to upset you. As I posted previously the two projects the company says are on schedule to be completed by the end of the year are with the Dutch Military and the Canary Islands. As far as the chart I used Yahoo. 7/20 - stock was .38, 8/9 2019 - stock was .25 and 8/9/ 2019 stock went as high as .44 but closed lower. These months were all on heavy volume.
That is simply not true ..... You must be looking at your own special chart. What is the second project you say is being completed? I cannot find any documentation showing they have anything close to conclusion. Even Sri Lanka that was sold years ago doesn't have any update.
My final thought for today. I checked other message boards and info on RAKR for hours last night. Some people have brought up the fact that this stock has shot up to the mid .30's every summer for the last 3 years. Now for whatever reason, thats a fact. Check out your charts.
Good luck.
I was just pointing out that they are a legitimate company. Some on this message board have indicated its some kind of fake or fraud company. If the government vetted them they are real. Green is in for the next 4 years at least in the U.S. It has patented technology and its at a good jump in price.
I am a bit curious why some people on this message board are so negative. If you dont like the company then why not just move on. Anyway, good luck to all.
That doesn't sound good. One would think they would be very high profile with the EU.
If they were one of 15 projects out of 60,000 applicants for EU Horizon 2020, you would think there might be some mention of Rainmaker on the European Union web site that details this program. When searching the site for any mention, I have zero results with the search term “Rainmaker”:
https://ec.europa.eu/programmes/horizon2020/en/search/site/Rainmaker
This seems to be very old news and we still have no proof the project is anywhere close to completion. Plus its a government grant not a commercial project that is going to lead to significant cash flows. Show us some recent news they have done something. I saw projects announced in Jamaica, Sri Lanka, Bahamas and others but haven't seen any evidence they are real. It looks to be all smoke and mirrors based on my research. Many announcements with no follow up proof of completion. Where is the other project you say is close to completion?
https://www.globenewswire.com/news-release/2019/09/30/1922406/0/en/Rainmaker-Worldwide-Inc-OTC-RAKR-Wins-EU-Horizon-2020-Project-and-Awarded-2-5Mil-USD-Grant-to-Develop-First-of-Its-Kind-100-Renewable-Water-to-Water-Solution-in-the-Canary-Islands.html
I hear u and understand they are in the process of completing projects. But we must acknowledge the fact (See link above) that they were awarded a 2.5 Million Dollar aGrant. They were picked as one of 15 recipients out of 60,000 applicants. They must have been vetted to obtain that project. Thats like a free validation for investors that there is legitamate potential here.
https://www.globenewswire.com/news-release/2019/09/30/1922406/0/en/Rainmaker-Worldwide-Inc-OTC-RAKR-Wins-EU-Horizon-2020-Project-and-Awarded-2-5Mil-USD-Grant-to-Develop-First-of-Its-Kind-100-Renewable-Water-to-Water-Solution-in-the-Canary-Islands.html
I hear u and understand they are in the process of completing projects. But we must acknowledge the fact (See link above) that they were awarded a 2.5 Million Dollar aGrant. They were picked as one of 15 recipients out of 60,000 applicants. They must have been vetted to obtain that project. Thats like a free validation for investors that there is legitamate potential here.
I have done a ton of research on this company and I don't think it has much going for it. I haven't seen any recent news on projects soon to be completed. Historically they have done many project announcements but I cannot find one stitch of evidence showing they ever concluded any ..... not one! Where is the proof they are about to actually finish projects?
Good morning. I just started following this stock. At a 52 week low and 2 major projects soon to be completed it looks like a great buy. Anyone agree ?
Hey look docksuckerbet has a new name .... sadly he is telling the same old pump and dump story.
Miranda is an engineering, consultancy, manufacturing and R&D company focused in the treatment of water, wastewater and reuse of treated water.
We produce technology for environment friendly, sustainable, cost effective, efficient, odor-less, compact and modular wastewater treatment systems. We exceed all required discharge standards worldwide.
Further more Miracell® is the only wastewater treatment system that is specifically designed with an aesthetically pleasing appearance as much as functionality.
https://mirandawater.com/
Miranda Water & Wastewater Treatment Systems is a company that operates in the Utilities industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Ankara, Ankara, Turkey
https://www.zoominfo.com/c/miranda-inc/357671741
https://mirandawater.com/about
On September 27th, 2023, Rainmaker Worldwide Inc. Ontario, (the “Company”) and Rainmaker Worldwide Inc. (Nevada) (“RAKR”) entered into a binding Share Purchase Agreement (“SPA”) and Shareholder’s Agreement (“SHA”) to acquire 100% of the share capital of Miranda Environmental and Water Treatment Technologies, Energy, Natural Resources, Engineering, Consulting, Construction and Commerce Inc. (“Miranda”). This finalizes the strategy to integrate the two firms at both strategic and operating levels. This is a final agreement.
The terms of this agreement are as follows: The Company will acquire Miranda for the aggregate consideration of $5 million structured through three Closings. The Initial Closing, a payment of $1 million and $2 million through the issuance of 40,000,000 RAKR shares with a deemed value of $0.05 per share, is due upon signing. The Second Closing, representing a payment of $1 million, shall be paid by the 18th month following the Initial Closing. The Third and Final Closing, representing a $1 million payment shall be made by the 24th month following the Initial Closing. Both the Second and Third deferred payments will accrue interest at an annual rate of 12% and the Company, at its sole discretion, can prepay these amounts either partially or in full prior to the respective closing dates.
CEO Michael O’Connor’s TedTalk:
Also, Michael Skinner has ties in politics as he is part of the Conservative Party of Canada, used to run for elections.
https://www.ptbotoday.ca/2021/01/26/michael-skinner-not-running-for-federal-conservatives-in-next-election/
And, Michael Skinner, previous founder and CEO of Operitel, which was acquired by OpenText in 2011.
https://financialpost.com/technology/open-text-acquires-peterboroughs-operitel/wcm/eae5f268-4064-40d4-9f1e-39b256d1f45d/amp/
OpenText Fiscal 2023 progress and results are exceptional and record setting, with 28% total revenue growth. OpenText delivered record total revenues of $4.5 billion of which 81%, or $3.6 billion, is annually recurring," said Mark J. Barrenechea, OpenText CEO & CTO. (3 aug 2023)
Worth reading through (Q2 2021)
https://rainmakerww.com/wp-content/uploads/2021/05/RAINMAKER-Corporate_Overview_Q2_2021.pdf
One slide in particular…
(!!!) Rainmaker WW wins EU Horizon 2020 project
Dutch military conducts extensive testing Rainmaker technology for mission critical deployments
The E.U. did a due diligence process of two years with €2.5M in funds to develop 4 water-to-water solution prototypes in the Canary Islands. According to Rainmaker Holland N.V. on LinkedIn the test project is up and running since 2023. Proving that the project is a success, it was posted on their LinkedIn page two weeks ago.
Hello retail America??? The E.U. and the Dutch military are involved!!!
RAKR - Rainmaker Worldwide Inc. | Security Details | OTC Markets
FORM TYPE | RECEIVED | PERIOD END DATE | REPORT |
---|---|---|---|
8-K | 10/02/2023 | 10/02/2023 | PDFRTFHTMLXLS |
10-Q | 08/14/2023 | 06/30/2023 | PDFRTFHTMLXLS |
8-K | 06/08/2023 | 06/08/2023 | PDFRTFHTMLXLS |
8-K | 06/02/2023 | 06/01/2023 | PDFRTFHTMLXLS |
10-Q | 05/22/2023 | 03/31/2023 | PDFRTFHTMLXLS |
NT 10-Q | 05/16/2023 | 03/31/2023 | PDFRTFHTML |
10-K | 04/19/2023 | 12/31/2022 | PDFRTFHTMLXLS |
NT 10-K | 03/31/2023 | 12/31/2022 | PDFRTFHTML |
10-Q | 11/14/2022 | 09/30/2022 | PDFRTFHTMLXLS |
8-K | 10/11/2022 | 10/10/2022 | PDFRTFHTMLXLS |
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