DD Support Board and Research Team

[ProfitJunkie]

This is what I posted on the Rainmaker board that has only created posts about the cost of water. No comments about the market valuation or the people who structured this company.


Rainmaker is a very interesting story and that is what got me interested to start with. However, the more I look and the more questions I ask, the more I feel it was/is a company that has not been able to generate any revenue from the technology. After years of development, it may not be a sell-able product in its current form.

In an earlier post, I did the math for everyone. It varies a lot from place to place, but the average price of water in the U.S. in 2009 was just $2 per 1000 gallons. (I searched to see how much it cost to fill a swimming pool). That means that the breakeven for a Rainmaker machine is 50,000 days ($2x1000 gallons means $10 per day as they produce 5000 gallons a day in good conditions). $500,000 purchase price means 50,000 days or 137 years to break even with their equipment in the U.S. This means the machine is NOT A REAL option in the U.S. Even if it cost $2 per 100 gallons to buy the water, it would take 13.7 years to pay back.

As far a market value, people are posting this could go to $1.50. I agree that it could if the water is pumped hard enough but there are numbers to also support not being solid. There are 82 million shares in this company so for it to be worth $1.50 per share it would have a market cap of $123,000,000. That is one hundred twenty three million. If this company had a multiplier of 25x earnings (tech company, not a manufacturing company), it would need to have a profit around $5,000,000. It doesn't have any revenue so there is no way it has that much profit. Their forecast is for $5,000,000 in revenue, not profit.

I posted this information on another board but here is some "comments" and "links".

Along comes Kevin Wright (and his third-party partners) looking for a company to promote and they structure a "future" for the insiders to get them excited while they get a public company and structure it for what we are seeing here - a promotion.

https://www.corporationwiki.com/p/2bxti0/kevin-wright

Kevin Wright, the former president of Rainmaker Worldwide $RAKR for a month while he structured it and still current member of the BOD, has JAAM Capital, Vibe Capital with Peter Kolacz, Rethink Capital with Peter Kolacz, Method Capital and was part of two other companies that appear to have started strong but faded, Purebase Corp $PUBC and Chuma Holdings $CHUM. Is he creating structure after structure to take investors money?

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=8cdgH1ghLlQCmhuB7vU%252fng%253d%253d&nt7=0

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=OJedqM7F1HiHhzjFDTS%252fdA%253d%253d&nt7=0

I read somewhere on one of the boards that Peter Kolacz and Michael O'Connor knew each other from another deal MYSL

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135252203

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8636978

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7474043