InvestorsHub Logo

Arthur

11/22/17 12:35 PM

#26422 RE: Sylvester2017 #26415

I think there is really a struggling windmill company in the Netherlands,
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.