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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

Comment by natureinmotionon May 13, 2018 12:08pm
53 Views
Post# 28023831

RE:RE:RE:Such a deal

RE:RE:RE:Such a dealdid they diluite the shares by 13% or did they sell 13% of pervoius owned shares?

rustycat wrote: Time will tell.  Certainly, the Companies that makeup SEH are no slouches with Ex-Goldman guys, and savvy LBO specialists, and in general just plain smart money guys.  I found no obvious examples of predatory behavior by SEH, so I hope RPC and Endurance will work out a business plan that is aggressive, smart and rewarding for all parties.  I hope to see a published business plan that specifically calls for timelines and targets.


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