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 > Wonderful update yesterday.....NOT!

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Comment by mbuchon Mar 15, 2019 12:47am

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Post# 29489267

RE:Wonderful update yesterday.....NOT!

Very unprofessional sounding and poorly written update.

"We installed some stuff here and there, and it's working pretty good. Oh, and it can save some money on electricty"

There are more acronyms than valuable information in that update.

This company needs help.

rustycat wrote: Seems that it is a lot easier to create a new pump technology than it is to educate a CEO. Why the directors don't bring in a competent CEO in order the keep the good ship RPC above the surface is completely nonunderstandable. Instead of cashing in warrants and options, as things are slowly circling the drain, they continue to stumble along doing nothing to fix the corporate governance and corporate image problems. The biggest problem for customers is whether RPC will be around next year to provide pumps and product support.
Such an easy problem to fix.

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