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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 Aug 05, 2020 4:47pm
150 Views
Post# 31369154

We'll see 2Q numbers 2 to 3 weeks

We'll see 2Q numbers 2 to 3 weeksIt will be interesting to see how much gas is left in the tank and where they are going to relocate to, and what their new all stars on the BOD have done to facilitate getting to a point where their options aren't underwater. I must confess that after seeing how ELS has kept the HARP in the background on their new website, I wonder if they really just wanted to tie up the US Market to give them a commercial advantage on their proprietary products.  Ouch, but it has been a disappointing and expensive few years with nothing to show for it at this point.  I realize it's hard to find capable and dynamic talent for a company that is circling the drain, but goodness me someone somewhere must think there is an opportunity sitting here.
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