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John Veltheer was the CEO of Rapidtron....the fact he reinstated the shell tells me he's got a plan for it at some point, we just don't know when. Keep an eye out for a change in company officers...and in the meantime, accumulate.
You welcome ! Hope for the best for this undiscovered nugget.I`m in close contact with the CEO and we could see some move soon :)
allez....thanks for turning me on to this, looks good love the float. If a merger plan is in the works....this can go bigly. P.S. i'm the one who picked up a starter position 20k shares. Plan to buy more soon.
Read this PR, imho this is not a coincidence if RPDT has been reinstated few days ago :
Rara Terra Capital Corp. Completes Initial Public Offering as a Capital Pool Company
Canada NewsWire
VANCOUVER, Aug. 27
VANCOUVER, Aug. 27 /CNW/ - Rara Terra Capital Corp. (the "Company") (TSX-V: RTX.P), a capital pool company, is pleased to announce that on August 27, 2010, it successfully completed its initial public offering (the "IPO") of 3,000,000 common shares in the capital of the Company at a price of $0.10 per common share for gross proceeds of $300,000 (the "Proceeds").
Global Securities Corporation acted as agent (the "Agent") for the IPO. The Company has paid the Agent a cash commission equal to 10% of the Proceeds and granted non-transferable agent's warrants (the "Agent's Warrants") to purchase 300,000 common shares of the Company equal to 10% of the number of common shares sold through the IPO. The Agent's Warrants are exercisable for a period of 24 months from the date of listing on the TSX Venture Exchange (the "Exchange") at a price of $0.10 per common share. The Agent also received a corporate finance fee.
The Company also granted to its directors and officers options to acquire 450,000 common shares ("Shares") at a price of $0.10 per Share, for a period of five years from the date the Company's Shares are listed on the Exchange.
The Company is a capital pool company within the meaning of the policies of the Exchange. The Company has not commenced operations and has no assets other than cash.
The Company intends to use the net proceeds of the IPO to identify and evaluate potential Qualifying Transactions under the polices of the Exchange.
The Company expects its common shares will begin trading on the Exchange on August 31, 2010 under the trading symbol "RTX.P".
<<
On behalf of the board of directors of
RARA TERRA CAPITAL CORP.
Per: /s/ Alexander Helmel
-------------------------------
Alexander Helmel
President, Chief Executive Officer
and Director
CEO John VELTHEER , additive :
Rara Terra Capital Corporation is a capital pool corporation in the preliminary phase
of seeking a listing on the TSX Venture Exchange.
Directors and
Management:
Fraser Atkinson - Chairman and Director
Alexander Helmel - President, Chief Executive Officer
and Director
Roger Flowerdew - Chief Financial Officer, Secretary
and Director
John Veltheer - Director
Darrell Elliott - Director
John Veltheer is the Promoter of the Corporation. See “Directors, Officers and
Promoter” and “Promoter”.
(www.raraterra.com/documents/Rara_Terra_Final_Prospectus.pdf)
John VELTHEER dditive info, looks promising for RPDT future :
On the 10K sec filings "TEXADA Ventures":
Dr. John Veltheer
Former Chief Executive Officer, Former Chief Financial Officer, Former President, Former Secretary, Former Treasurer and Director
2957 West 21st Avenue
Vancouver, B.C. V6L 1K7
Canada
12,000,000
shares
49.4%
Read more: http://www.faqs.org/sec-filings/100316/TEXADA-VENTURES-INC_10-K/#ixzz0xv8WSCXV
Merger coming for RPDT ? :)
RPDT , Mr John VELTHEER CEO:
John Veltheer
Director
Texada Ventures Inc
Vancouver , BC
Sector: BASIC MATERIALS / Industrial Metals & Minerals
44 Years Old
On September 12, 2008, Dr. Veltheer resigned his positions as our Chief Executive Officer, Chief Financial Officer, President, Secretary and Treasurer, to which he was appointed September 26, 2006. He remains on our Board of Directors. Dr. Veltheer has had experience at the executive level of a number of public and private companies over the past nine years, including both established businesses and start-up ventures. From 1999 to 2000, Dr. Veltheer was president and director of SUMmedia.com Inc. (OTCCB:ISUM), a U.S. reporting company where, in addition to significant fundraising, he oversaw the running of one of the Internet?s first eCoupon portals. From 2002 to 2003, Dr. Veltheer was the president and a director of Rapidtron, Inc. (OTCBB:RPDT), a U.S. reporting company and a leading provider of Radio Frequency Smart access control and ticketing/membership systems, where he was responsible for SEC compliance and corporate governance. From 2003 to 2005, Dr. Veltheer was vice-president, business development and later chief operating officer and director of House of Brussels Chocolates, Inc. (OTCBB:HBSL), a U.S. reporting company whose primary business is gourmet chocolate wholesaling. From 2005 to September 2006, Dr. Veltheer was president and director of SES Solar Inc. (OTCBB:SESI), a U.S. reporting company, where he managed a business combination with a Swiss Solar Energy concern and associated fundraising. Dr. Veltheer remains a director of SES Solar Inc. Dr. Veltheer is currently the chief executive officer, secretary, treasurer and a director of Vecten Corporation, a startup private equity fund. Dr. Veltheer continues to serve as the president and a director of Iridium Capital Inc., a private Canadian company that provides its clients with start-up consulting services. Dr. Veltheer received his B.Sc. Chemistry (Honours) from Queen?s University in 1988 and his Ph.D. (Chemistry) from the University of British Columbia in 1993.
RPDT been reinstated for a business project imho
08/20/10 Reinstated with NV SOS with Annual list and acceptance of registered agent. Officers appear unchanged.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=j2CX4a%252fJlvyf573MywRLcQ%253d%253d&CorpName=RAPIDTRON%2c+INC.
additive info, here is the email adress from legal counsel :
denver@dorsey.com
Here is the email adress from TA :
Roberta@pacificstocktransfer.com
if you reach her, please forward us all infos from RPDT :)
Thanks for posting that. Do you know where I can find the email address for the TA?
Got ts email on May 13, 2010 from TA ,float 6.5 Millions :)
Here is the current share structure for (RAPIDTRON INC) as of today 05-13-2010
•AS# 100,000,000
•OS# 24,239,170
•Restricted# 17,759,027
THANK YOU
IF YOU HAVE ANY QUESTIONS OR CONCERNS PLEASE FEEL FREE TO CONTACT US
Transfer Agent
Main Office
Pacific Stock Transfer Company
4045 S. Spencer Street, Suite 403
Las Vegas, NV 89119
Phone: 702-361-3033 Fax: 702-433-1979
What were you able to find out? SS info? Any operations? Any plans to change the SS?
Yes I `ve been...
Did you ever get in touch with the transfer agent of this company?
About Rapidtron:
Headquartered in Costa Mesa, CA, Rapidtron and its partner in Europe, AXESS AG, have installed over 2,500 Smart access gates and 1500 point-of-sale systems to transit, vacation resort and fitness markets throughout North America and Europe. Rapidtron Inc. intends to become the leading provider of Radio Frequency (RF) smart card access control and ticketing/membership systems by providing the premier technology for operator-free entry and exit turnstiles.
last filing 15-12G May 10, 2007
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5167364
Estimated Market Cap
$199,940 as of Oct 20, 2008
Outstanding Shares
19,994,000 as of Nov 18, 2002
Transfer Agent
Pacific Stock Transfer Co.
P.O. Box 933385
Las Vegas, NV 89193-3385
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