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Cleantek Industries Inc V.RPC


Primary Symbol: GLKFF

Raise Production Inc is an oilfield service company that focuses on the production service sector, utilizing its proprietary products to enhance and increase ultimate production in both conventional and unconventional horizontal oil and gas wells. It provides in-house design, manufacture of patented devices, reservoir analysis, and other related services. The company segments include Raise Efficient Artificial Lift system, Horizontal Artificial Recovery Technology and Corporate. It derives maximum revenue from the Raise Efficient Artificial Lift system segment. Geographically, it generates a majority of revenue from Canada and also has a presence in the US and Romania.


GREY:GLKFF - Post by User

Bullboard Posts
Post by matisse2003on Jun 09, 2008 11:12am
311 Views
Post# 15161174

Takeover

TakeoverI have not checked in for a while and am pleased that there is some dialogue here.  Hopefully we can defeat this opportunisitic bid.  There is nothing to lose as the shares of RPC, MRC and also uninvolved TWH are badly undervalued due to Rai's great financial skills and his shotty treatment of those who have invested. 

It is possible that the absence of a large holder will help as Rai will not get the % of holders he needs. 

I am keen to see the valuations that they have come up with.  There is no reason to trust the outside directors perhaps with the exception of Mr. Simmons.  I hope that he has kept them straight as Bruce had been buying prior to the offer.
Bullboard Posts