What we know is RGDEF, Ridgeline Energy, and Ridgeline Canada were all related companies
Of the three Ridgeline Canada is still in business and doing somewhere in the neighborhood of $20-$25 million a year and has 5 locations and as of right now is privately held
After being inactive for like 4 or 5 years, last January Tony Ker reinstated the AZ SOS business license...
So the speculation based on the volume over the last month, the bids reluctant to drop below .03, and the AZ reinstatement is that it appears very possible they may be taking Ridgeline Canada public through the RGDEF shell
It makes sense imo because they already own the shell, Tony Ker is the chairman of RGDEF, and he also sits as CFO of Ridgeline Canada
Hope this helps. It is a speculative play but the pieces line up pretty darn good imo.