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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 Jun 04, 2020 12:22pm
108 Views
Post# 31112072

RPC has put up new videos

RPC has put up new videoshttps://raiseproduction.com/

These videos are better than the previous, and that is somewhat encouraging.  But, they continue to offer no reasons for investors to buy their stock.  There is no updating on their relationship with ELS, even though they are representing ELS's Blaze products and fiberglass rods.  No mention of anything really.  What happened to the Canadian Distributor previously mentioned some months ago?  What is the status of the re-negotiated ELS distriubtion contract for the US?   Of course the ill-fated weekly sales reports are an embarrasing memory that is best not mentioned.  The fact that even between friends and family, no one is willing to buy the stock at .04.

What about a sales campaign offering incentives to purchasers based on guaranteed production increases.  If RPC has the numbers to support their claims, one would think such a strategy would be a win win for customers and RPC.  
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