Rimrock Gold Corp (RMRK)

[DD_dempsey]

$RMRK-With Merger Deal in Sight -6 Intriguing Reasons for Incredible Potential IMO

With the OTC heating up in 2023- The key to uncovering diamonds in the rough IMO- is to identify stocks that are current and reporting, undergoing mergers or acquisitions and/or Change of ownership/ management. As always - I find it prudent to start with a few important disclaimers when dealing in the OTC;

A—There are myriad factors that can affect a microcap stock’s ability to realize and then maintain a substantial increase in pps. As the story progresses in real time, the stock’s potential may be affected positively or negatively. Some of these factors can be assessed but quite a few go largely unknown to us, the investing public. It’s best one does as much due diligence as they can on their own —to validate any facts, claims or theories.

B—NO matter how good the DD is or how compelling it may be… ultimately, it’s nothing over time without proper COMPANY EXECUTION.
EXECUTION needs to be timely and effective and examples include but are not limited to; corporate fundamentals or filings, news and material events and/or social media communications. WHEN A COMPANY executes effectively by using the aforementioned; the shareholders and perspective investors are given more information to conduct proper due diligence viz a vis public Disclosures.

SO LET’s grab those mining shovels and get ready to dig deep as we uncover and explore the factors that appear most intriguing with respect to the potential gem $RMRK.


1- THE MISTAKE about Shell Status at OTC MARKETS

One of the factors that can affect a company’s future regulatory requirements is whether they are considered a shell or at a “shell status risk”. As you can see below, the OTC Markets is listing RMRK as a potential shell risk however, it is quite clear from the 5/31/23 filings (2nd pic) that RimRock Gold is NOT a shell, nor has it ever been.



It’s clearly a mistake that RMRK CEO has addressed publicly back in a Feb 2023 tweet below and seems to have officially fixed via the filings submitted a few weeks ago.

https://twitter.com/rimrockgold/status/1635694047581941770?s=21&t=boVoXmARSPGu5SX_zd4TfA


As one can see here in the 5/31 Fillings with OTC Markets …

Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934):
Yes: No: X
Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: No: X

Please see the filings here -

https://www.otcmarkets.com/otcapi/company/financial-report/374979/content

It is my opinion, that the OTC should correctly reflect that this stock is not a shell risk and remove the shell risk status in short order. IMO - since the current designation is a mistake - the stock presents a better potential opportunity than it’s currently presumed.

2- Substantial MERGER DEAL set to close on or about 6/30/23 :

As per the last quarterly filings issued 5/31/23 and signed by the CEO on 6/21/23 - the following is written under the section of merger/acquisitions:

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

We have not had any stock splits, stock dividends, recapitalizations, mergers acquisitions, spin-offs or reorganizations in the last 12 months or anticipated, however the Company has signed a Definitive Agreement on December 22, 2022 to acquire BluNutric Group Ltd. The Company is currently working on completing the transaction and we expect the transaction to be completed on or before June 30, 2023 after executing two Extension Agreements.

What seems pretty obvious to me, is that the CEO seems pretty confident the deal with BluNutric Group Ltd. will close and just last week signed off on a quarterly that implied as such. Whether or not the deal closes on or around 6/30 - it seems that they must be so far along that the CEO feels confident that the parties will continue to iron out whatever might remain to then sign off on the definitive agreement. THIS IS ALREADY DEFINITIVE. So clearly these extentions likely involve capital or related clauses to the Deal that will be resolved.

A careful review of that deal presents a NON-DILUTIVE merger to RMRK shareholders. BluNutric Group agreed to secure external funding as part of the deal to merge in and the prior extentions would imply that it was RMRK management that extended them. Imo- that’s also a great sign that the deal with consummate.

3- The current AS/OS are pushed to max and CEO has stated no reason to Dilute

IMO- this is a huge indicator that BluNutric has established deals in place and has the security of external capital to support its infrastructure. I want to further highlight that the CEO has publicly stated that they will NOT increase the AS/ OS… August 2022- tweet- the “AS shall not be raised to compensate for the Blunutric transaction. The Biofuel/Omega 3 Markets are very lucrative. Collaborations are already in progress!”



Tweet can be found here:
https://twitter.com/rimrockgold/status/1556993524788350981?s=21&t=boVoXmARSPGu5SX_zd4TfA

It would seem to me that if they are so certain this deal is non-dilutive and have been for about 10 months - that is a huge comfort for shareholders and one can even potentially expect that the company will look at alternative methods of reducing the OS - such as share buybacks or share cancellations. As well- 3 of the clauses below show the non-dilutive nature of the deal - and the external capital raise that is very shareholder friendly IMO.

4- The Definitive Agreement was signed in Dec 2023 and favorable extentions have been granted

A- Pursuant to the Agreement, the Company will acquire 100% of the issued and outstanding shares of BluNutric and its controlling interest in subsidiary, BluNutric Australia Pty Ltd. In consideration, the Company shall issue 400,000 Preferred B shares to BluNutric on closing of the acquisition.

B- In addition, BluNutric shall undertake to raise a minimum financing of $1,000,000 prior to the closing of the acquisition for the development of algae plants in Brisbane, Australia.

C- Upon closing, the Company will appoint additional directors and officers to the Rimrock Gold board including a leading scientist from the University of Queensland, and the Companys Articles of Incorporation shall be amended to change the name from Rimrock Gold Corp to BluNutric Inc.

5- BluNutric appears poised for exceptional growth: 5 year Revenues Forecasted is 120mil.

Upon production commencement, forecasted 5 year revenue aim to reach $120.0 million with $100 million derived from Omega oils sales, and protein/Bio-Mass sales amounting to $20 million.

https://www.otcmarkets.com/stock/RMRK/news/Rimrock-Gold-Corp-Signs-Definitive-Agreement-to-Acquire-BluNutric-Group-Ltd?id=384895

PRODUCTS ARE TARGETED FOR TWO MULTI BILLION DOLLAR INDUSTRIES:

There are two emerging markets that the company intends to sell their products to:

Global Omega Market ($3.8 Billion Size)

Commercial fishing is under huge stress in meeting the demand of Omega fish oils. There is also the huge impact on our oceans, and the accumulated toxins within the products due to food chains and pesticides. This must serve as a warning on what we are consuming and the long term effects of this must be considered. BluNutric comparatively will have lower production costs which allows the company to provide a superior product, at a lower price, with higher margins. Supply is unlimited, controllable, impervious to supply-chain interruptions and infinitely scalable (the exact opposite of fish and krill). The sky is the limit and we aim to make huge waves in this market.

Global Biofertilizer Market ($4.8 Billion Size)

Algae can be successfully used as bio-fertilizers to boost crop growth. Algae is rich in various nutrients that are beneficial for both plants and the soil. These nutrients can help improve the growth and yield of plants. When algae breaks down or decomposes, it releases all the macronutrients and micronutrients it contains into the soil. Algae is rich in potassium which can help enhance root growth and improve the plants drought resistance. A lack of potassium in the soil can cause stunted plant growth and low crop yield. Dried algae can act as a soil humus. It can help bind the soil and increase its water retention capacity. This helps reduce soil loss during the rainy seasons. Dried algae can also help improve soil aeration. Aerated and oxidized soil means the roots can absorb nutrients more easily and grow more vigorously. This is a very lucrative market and one that can provide exceptional revenue.

SEE MORE HERE -


And here -



And the tweet here -
https://twitter.com/rimrockgold/status/1547236362969030656?s=21&t=boVoXmARSPGu5SX_zd4TfA


6- KEY COLLABORATIONS that highlight why the potential for BluNutric success should not be underscored

BluNutric has developed a key strategic collaboration with the University of Queensland (Agriculture and Food Sciences Faculty) and therefore will have the ability to cultivate genetically selected strains of algae at highly profitable aqua farming production sites near Brisbane in Australia. BluNutric plans to set new standards, and uses only naturally selected non-GMO algae strains for the maximization of EPA oil and vegan protein production. BluNutrics algae super strains produce 25 times more protein per acre than soybeans, and nearly 20% more beneficial omega oils than any related strain. Interestingly, the bioavailability of BluNutrics high-concentrated omega-3 oil content (30% EPA) is markedly superior to current market standards such as fish and krill oil.

FURTHER intriguing about BluNutric and it’s scientists -

BluNutric has a negative carbon footprint, uses alternative forms of energy, does not contaminate the soil, and needs 1/10th of water consumption (i.e. compared to soy cultivations). In addition, BluNutrics algae farming and processing concepts allow for full scalability, as well as time and cost efficiency. The initial farming site will cover a surface of 6 Ha with 12 ponds, expandable to 36 Ha in 5 years.

EVEN MORE INTRIGUING -
****Blunutric Scientific Team is 2nd in the World in Agriculture?? Executing that plan for Worldwide Success can only makes it easier when we you have the highest calibre of personnel

https://twitter.com/patientwinner87/status/1544727681488633856?s=21&t=boVoXmARSPGu5SX_zd4TfA

CURRENT OPERATIONS APPEAR TO STILL HAVE THE CBD companies and the websites still work -

Rimrock Gold Corp. has recently entered the CBD/Hemp market with a focus on developing and marketing a unique line of CBD oils and hemp extracts, and identifying strategic acquisitions. On September 13, 2018 the Company launched its wholly-owned subsidiary, Acqua Cannabis Corp. a Wyoming company, to enter into …. The Company plans to make acquisitions in the Cannabis and CBD sector, and to explore new business opportunities within this growing sector. On November 7, 2019 the Company announced the launch of Acqua CBD Coffee infused with resveratrol. The Company has partnered with Vera Roasting, and is selling the product on the Company’s new site acquacbdcoffee.com. In addition, the Company has relaunched acquacannabis.com featuring Delta 8 THC oils and edibles, plus CBD oils and edibles. On April 28, 2021 Rimrock Gold
In addition, on December 22, 2022, the Company has signed a Definitive Agreement to acquire 100% interest in BluNutric Group Ltd, a Wyoming company. The Company is currently working on completing the transaction and expects the transaction to close on or before June 30, 2023 after executing two Extension Agreements.
List any subsidiaries, parent company, or affiliated companies. Acqua Cannabis Corp.

Describe the issuers’ principal products or services.
CBD oils, creams, hemp products, and CBD coffee infused with resveratrol.

$RMRK - Conclusion:

FOR ALL OF THESE AFOREMENTIONED REASONS AND QUITE A FEW MORE that have already been addressed such as the Technicals on the chart- that seemingly allow for potential blue sky breakout at .0007+ pps and the 52 week high of .0027 pps as well as the VERY LARGE SHORT interest last week which allows for a potential squeeze and accelerated increase in PPS - when makers see that the investor interest hasn’t waned this week for $RMRK.

It is my strong opinion that the break of .001+ pps is coming especially as the stock gets closer to its intended merger date and since there is no dilutive concern - this stock has a great chance to test and break its 52 week high of the company continues to communicate and execute IMO.