All those Raise co's related to one another. Prior to that, a nobody
Anyway... PCT is in a JV with ProtectX, not Raise. Separate entities
Hundreds of companies have subsidiaries or the like to branch into other industries, for protection of IP or legal claims.
Most large companies can have 10s or 100s of subsidiaries or related companies. Doesnt mean theyre worth spit or carry the weight of the parent or holding company