Replies to post #39571 on Rimrock Gold Corp (RMRK)

[1manband]

What "DD"? The BS promotional message from last August which was untrue even when they wrote it, much less now?

RMRK was never taken over by a Crypto company. They just loaned them some money to try to get them current, which obviously never happened. And won't. Read Cyrpto's recently filed 10-K:

https://www.sec.gov/Archives/edgar/data/1688126/000149315218004469/form10-k.htm

"Pursuant to a Note Purchase Agreement dated as of March 27, 2017 by and between the Company and Rimrock Gold Corp, (“Rimrock”), the Company agreed to fund up to $300,000 to settle outstanding convertible debt of and accounts payable by and on behalf of Rimrock and to pay certain ongoing accounting expenses, for the ultimate acquisition of Rimrock, a public company located in Las Vegas, Nevada with limited operations. The Company had expected to consummate the acquisition in 2018. For the period from Inception through December 31, 2017, the Company advanced $134,100 on behalf of Rimrock to settle the aforementioned liabilities. As of December 31, 2017, the Board of Directors determined that it is in the best interests of the Company and its stockholders not to proceed with the acquisition of or any other business combination with Rimrock, and halted all future advances. The Company has deemed this asset unrealizable and therefore, has been expensed for the period from Inception through December 31, 2017."

They determined the money they loaned RMRK will never be repaid, which is why they wrote-off the loan.

RMRK is seriously delinquent in their SEC reporting obligations. They can be suspended, and then revoked, by the SEC at any time, without any warning. And when that happens, the stock will be worthless. Permanently.