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What a great day so far!!!!!!!!!!!!!!
CHAT GPT-4. I ran DD_Dempsey's research through AI to summarize and simplify his findings. Here is what it came up with in 1,500 words. Again, this is NOT financial advice of any kind by Dempsey, Chat GPT-4, or me. This is just a summary of his research for easy reading and cut & pasting:
RimRock Gold Corp ($RMRK), an Over-The-Counter (OTC) traded company, is on the verge of an intriguing development that could significantly alter its future trajectory. The company, a multi-faceted business player, is aiming to expand its horizons through a crucial merger. Here, we delve into the details of this exciting venture, alongside other pivotal factors that could potentially influence $RMRK's position in the market.
1. Rectifying the Shell Status Misunderstanding: A noteworthy discrepancy was found in how $RMRK was perceived in the OTC Markets. The company was incorrectly designated as a shell risk, causing potential investors to tread carefully. However, RimRock Gold Corp clarified in their regulatory filings that they do not fall under the shell company classification, contradicting the OTC Markets' original labeling. This means that $RMRK was mischaracterized and, now that the air is cleared, investors might reevaluate their apprehension and view the stock more favorably.
2. Upcoming Merger with BluNutric Group Ltd: Of utmost importance to RimRock Gold Corp's future is its impending merger with BluNutric Group Ltd. This merger is predicted to reach its closure soon, based on the company's latest quarterly filings. As stated in the filings, a definitive agreement was signed on December 22, 2022, and after executing two extension agreements, the company is working diligently to complete the transaction on or before June 30, 2023.
If this merger proceeds successfully, it could have profound implications for the company. BluNutric Group Ltd operates in the lucrative fields of Omega oils and biofertilizers, creating an avenue for RimRock Gold to venture into new markets with significant financial promise. Notably, the merger agreement indicates that BluNutric is required to raise a minimum financing of $1,000,000 prior to the closing of the acquisition. This financing is intended for the development of algae plants in Brisbane, Australia. Therefore, not only does the merger mark a strategic business expansion, but it also includes plans for investing in further growth prospects. Moreover, the agreement also stipulates that upon closing, RimRock Gold will appoint additional directors and officers to its board, which is expected to include a leading scientist from the University of Queensland. This could enhance the company's strategic capabilities and support their new venture into Omega oils and biofertilizers production. Furthermore, the merger agreement includes a provision to change RimRock Gold's name to BluNutric Inc, highlighting the transformation the company is undergoing.
3. CEO's Assurance of No Dilution: In a move that will likely boost shareholder confidence, RimRock Gold's CEO has publicly declared that there will be no dilution of shares. This means that the company has no plans to increase the number of shares in circulation, thereby preventing a potential decrease in the value of each share held by existing shareholders. This assurance is significant, as it suggests the company's commitment to preserving shareholder value amidst the forthcoming changes.
4. Expanding into High-Growth Markets: The proposed merger with BluNutric Group Ltd will allow RimRock Gold to tap into two rapidly expanding markets: the Global Omega Market and the Global Biofertilizer Market. The Omega market, with a current size of $3.8 billion, offers ample opportunities for growth. Similarly, the Biofertilizer market, currently sized at $4.8 billion, presents a lucrative avenue for expansion. By capitalizing on BluNutric's capabilities, RimRock Gold can potentially carve out a significant presence in these two markets, thereby driving revenue growth in the years ahead.
5. Credible Collaborations and Expertise: Adding further credibility to RimRock Gold's future prospects is their collaboration with a highly esteemed institution, the University of Queensland. This partnership, along with the involvement of a well-respected scientific team, bodes well for the company's venture into Omega oils and biofertilizer production.
In conclusion, considering the above factors, it appears that RimRock Gold Corp is in an advantageous position for potential growth. The crucial merger with BluNutric Group Ltd stands as a strategic decision, and if successfully implemented, can transform the company's market prospects, making it a potentially attractive proposition for investors. However, as always, it's essential to stress that investments carry risks and potential investors should conduct their due diligence and seek advice from a financial advisor before making any decisions. This assessment is meant to provide a simplified explanation of the company's current developments and is not financial advice.
In case anyone needs a reminder:
GREAT TWITTER POST
REMINDER RMRK!!!
The $120 million deal should come out within the next 4 to 6 days!!!!!
The company confirmed that the transaction will NOT be from shares for dilution!
And there are no plans to do RS!!
And of course there is no dilution at all
I love "perfect storm stocks!" Thank you so much DD_Demsey for all your research!
Glad I got in! I have a great feeling about this investment. Have a great weekend everyone! See you all Monday morning!
I got a ticket for this train ride as well. I've learned to closely follow where DD_Demsey's eyes are looking. Additional dd on my end looks to confirm his interest in this one. I can't wait until next week!
A great 5 days Team!!!
Twitter Link
Thank you DD_demspey for everything you do! If it weren't for you none of us would hardly know anything about CNNA! I for one appreciate all the time and effort you have sacrificed in keeping us innformed.
DEMSPEY DID NOT BAIL!!! He is still here and holding! (He will post later with an update.)
I know it is easy to assume the worst in people, but Demsey is a different breed. Don't assume that just because you haven't heard from him that he dumped and ran. Not cool.
OMG! This is amazing dd. Thank you so much for that EcoMike!!!!
Is your name Lime Time or Lie Time?
"Shares were deregistered in 2013. No filings to OTCIQ in the last six months. Grace Period Badge = Expert Market next week. Inevitable.
It's just the way this stuff works.
Black has been in trouble with SEC recently. Needs to pay fines. Is this a last ditch effort on this ticker to cash out?"
Simple dd and you never would have posted this! Although we know that you are a pretty smart guy. So my guess is you have an ulterior motive.
Thanks @EcoMike!!! I thing this is more good news! The fact that the company is keeping us retail investors updated every step of the way says a lot about this company! Looking forward to another great day tomorrow! Let's Go CNNA!!!!
The Tweets are coming in this morning!!! YAY!!!!
We're going to address several things in a few different tweets today regarding $CNNA. First, we have been aware of false claims being made regarding Prodigy. Please only rely on official company sources. Our Prodigy efforts, commitments and synergies are stronger every day.
— CNNA (@CNNA_OTC) June 1, 2023
We just received final invoice for the $CNNA audit yesterday. That process is very close to completion and we're anticipating we'll be able to upload financials this week. pic.twitter.com/iGPbUga89U
— CNNA (@CNNA_OTC) June 1, 2023
12.24% today traders!!!! Congratulations!!!
After you click on CNNA. In the lower right hand corner click on the 3 vertical dots. Then select Show CNNA details. Then you see tabs for: CHART | NEWS | LEVEL II
This is amazing work DD_Demspey!!!! I know you pulled an all-nighter getting this out!!! How do I know that? I was up with you until 3am. HA!!!!
THIS IS HUGE!!!!!
Our CNNA Discord group worked today with the two CNNA Telegram groups to get a loose approximate share count of what all 3 groups already own. We know there is some overlap, however, we estimated the total to be somewhere between 25% and approaching 50%. (Somewhere under 200m shares.)
Can't say enough how much we appreciate your dd on CNNA. I first got in at .0015 about 2 1/2 weeks ago! I've been loading even more during the climb. Most members of our CNNA discord group have millions of shares each. The last few weeks have been insane and we know the best is yet to come. Thank you again for your great work!!!!
For those of you that know Santa (Santa_Claus_Trades) on ST. He is now in on CNNA! He got "1M @.515 for starters." He has a huge following which hopefully will help bring in more investors!
A member of our CNNA trading discord group made the 666,666 purchase. Of course we gave him a lot of crap after. Another guy is doing 100, 200 and 500 trying to continue the push. All being discussed live in the group. And they are getting harassed (all in good fun)!