Not the same company. Just because the word RASAN part of the name of the company that EGYH made an agreement with does not make it the company found in the website http://www.rasangroup.com/index.html
The agreement is with Rasan Energy Holding Company (K.S.C.) Of Kuwait. There is a big difference between RASAN ENERGY, RASAN HOLDING, and RASAN ENERGY HOLDING COMPANY.
Per the above website, RASAN HOLDING and RASAN ENERGY are 2 different companies under the RASAN GROUP umbrella. Again the agreement is with RASAN ENERGY HOLDING COMPANY OF KUWAIT.
Big difference. Pennystock do it all the time: to sign agreements with companies with very similar names to established, reputable ones.
Legally, these companies, according to the law, are totally different companies.
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