Cleantek Industries Inc V.RPC

Primary Symbol: GLKFF

Energy

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.

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Cleantek Industries Inc > Artificial lift production optimization conference

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Comment by rustycaton May 09, 2018 10:32pm

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Post# 28009059

RE:RE:Artificial lift production optimization conference

Clickit, I don't know, they did the last private placement at .27, and it wasn't fully subscribed. They have done nothing to convince/impress investors that they are moving forward and creating sales that are self supporting. Hence, they need to convince investors that they are a money making concern that will handsomely reward those that pony down a significant amount of money to bridge the gap between unprofitable and profitable. History says they couldn't find a profit if it was in their back pocket with both hands. The miserable yearly synopsis wasn't worth the paper it was printed on.
I believe they have a product that has a niche in the Marketplace, but I don't think they have the ability to promote and sell that product.
Why did you become an investor, and what do you need to see to continue your investment?

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