Wednesday, November 22, 2017 12:35:57 PM
but somehow they decided to go public (why?).
They apparently chose a dubious "consultant" to help them achieve this goal, which they apparently paid $400,000 to achieve a reverse merger with CJTF.
I don't know who benefited from the stock promotion campaign, that is, who dumped shares.
As to RAKR, I still do not understand what benefit they expect from going public. I suppose they intent to finance themselves with convertible debentures, the usual way with penny stocks.
The future of the company depends on its future sales, and if they are able to sell windmills at a profit.
Normally a company that does a merger has 71 days from the date of announcement to complete the merger, and publish two full financial years of the merged company's accounts, something Rainmaker has not done so far.
Recent RAKR News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 12:37:52 PM
- Rainmaker Worldwide Announces Formation of New Advisory Board • InvestorsHub NewsWire • 03/21/2024 12:34:53 PM
- Rainmaker Worldwide Inc. Finalizes the Acquisition of Miranda Water Treatment Systems • InvestorsHub NewsWire • 01/22/2024 02:33:09 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM