Replies to post #20355 on Rainmaker Worldwide Inc (RAKRD)

[Arthur]

Likely Fred is still the owner of CJT Mining, and thus found the way to fleece CJTF common shareholders one last time, keeping 905 of the imaginary gold for himself:

ROYALTY AGREEMENT
The Company entered into that certain royalty agreement dated April 12, 2017 (the “Royalty Agreement”) with CJT Mining, Inc., a Utah corporation (“CJT”), pursuant to which CJT pledged payment to the Company for the benefit of the shareholders of record as of April 12, 2017 (the “Shareholders of Record”). In accordance with the terms and provisions of the Royalty Agreement and commencing on the date CJT is no longer the wholly-owned subsidiary of the Company, a net smelter royalty of ten percent (10%) of the net income received by CJT with a royalty cap of $2,000,000 (the “Net Royalty”) will be paid by CJT to the Company, which the Company shall distribute to the Shareholders of Record in the form of a dividend on an annual basis.
As of June 16, 2017, CJT is no longer the wholly-owned subsidiary of the Company.

http://www.otcmarkets.com/financialReportViewer?symbol=RAKR&id=175676

[Sylvester2017]

Very odd indeed

[rbtree]

Freddie's gone. Dunno what to make of the new outfit...quite the paid promo is going on, though..

And, the o/s is now over 80 million shares... up just a tad since the 1:1000 reverse split

he Reverse Stock Split and Name Change became effective in the marketplace on the OTCPink Sheet on June 15, 2017 based upon the filing of appropriate documentation with the Financial Industry Regulatory Authority, Inc. As a result of the Reverse Split, our total issued and outstanding shares of common stock decreased from approximately 117,971,148 shares to 117,971 shares of common stock