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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

Post by rustycaton May 30, 2019 2:25pm
64 Views
Post# 29786024

It will be exciting to see their Investor Package in June

It will be exciting to see their Investor Package in JuneNot sure how much lipstick you can put on a small E&P customer that might buy a few pumps when you are burning a half million a quarter and the last PP was undersubscribed at a multiple of the current shareprice.   And, the consistent RESEARCH EXPENSE is a real head scratcher.  I guess the strategy would be to go to the PP subscribers and tell them they need to protect their investment.  I don't think that will gain much leverage with the Endurance Group, as they probably are just waiting to pick up the pieces and congratulate themselves on their brilliant move.
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