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Re: StockBro75 post# 26511

Thursday, 11/30/2017 7:38:12 AM

Thursday, November 30, 2017 7:38:12 AM

Post# of 30822
You want speculation ? I'll give you speculation:

DEHIWALA, SRI LANKA, Oct. 4, 2017 – Ranil Somaweera, entrepreneur and CEO of the new company, Rainmaker Water Pvt Ltd., today announced that the company will use air to water generation technology from Rainmaker Worldwide Inc. (OTC: RAKR) to capture water from the air and then bottle it.
“Sri Lanka has suffered from water shortages as a result of the over-utilization of tube wells as well as climatic conditions,” said Somaweera. “The effects of climate change have transferred some of our ground water into the atmosphere which has caused many droughts that have limited our access to clean drinking water.”
“We are excited to begin using Rainmaker’s Air-to-Water generators to offer fresh water to the Sri Lankan market. We are deploying our first unit within the next 60 days. With one generator, we can produce 3.6 million 500mL bottles annually. We are planning to deploy 10 units by this time next year to ramp up production to 36 million bottles as new machines come online.”



Here's the speculation: RAKR financials show no trace that an order is under production.

Suppose when they file their next financial, in 4 or 5 months, there's still no sales.

Wouldn't have it been f.r.a.u.d.ulent for RAKR to imply that they had a firm order, when they had nothing ?

Food for thought.