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 > So....What are RPC's patents worth?

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Comment by mbuchon Oct 12, 2020 3:24pm

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Post# 31704721

RE:So....What are RPC's patents worth?

rustycat wrote: Q2 A has no need to pay RPC to manufacture their products, the question really becomes does Q2 ALS desire to become a TSX/otc company. I'm sure Eric is sick of the struggle and would be more than happy to retire well healed and worry free. 113 MILLION shares outstanding, no blue sky, no equipment, no building. So what are the patents and the shell worth?

No more than $5M or about 4.5 cents/share I'd say.

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