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Bullboard - Stock Discussion Forum Rift Valley Resources Corp C.RVR

Metals & Mining Industrial Metals & Minerals
Rift Valley Resources Corp. is a Canada-based company. The Company’s principal business activity was the evaluation of a wireless service business and other business opportunities. The Company's wholly owned subsidiary, Ruralink Wireless Inc., is engaged in supplying wireless broadband services. The Company has not generated any revenue or positive cash flows from operations.

CSE:RVR - Post Discussion

Rift Valley Resources Corp > Just checked Sedar...
View:
Post by Tobias323 on Jul 28, 2020 4:18pm

Just checked Sedar...

Stephen Martin got another 7.4 million shares and 3.7 million warrants. He owns 33% if all were to be excercised. Currently sits at 26.87%
Comment by Hcgfllkp on Aug 07, 2020 3:32pm
Saw this on Sedar - who is Stephen Martin?
Comment by Tobias323 on Aug 07, 2020 5:39pm
From what I found he is a lawyer in BC. Over the years he has invested about 1.5 million in RVR. Hope he is in the know. Being a lawyer I am hoping RVR management would know not to screw with him. Hope he knows what he is doing and we can follow his lead confidently.
Comment by doubledowndon on Aug 07, 2020 9:44pm
If you look up RVR's sister company, Stephen Martin is also a significant shareholder there.  You can also find Griffin Jones holds a stake in the sister company as well. Since the 2 of them combined own a majority stake in RVR I see the 2 companies merging. RVR is not currently trading on any US platform, but their sister company is. IF a merger happens I believe they will use the ...more  
Comment by coolaccountant on Aug 08, 2020 12:34pm
this is a very confusing company ,there PP monies have been filled almost exclusively by insiders the discloosure is very limited,there key guy Vern Fortthingham is probably worth 150 million a global icon in telcom only accepts non execitive designation . My view this will end one way or the other its either 10 or 20 times your investment  or its zero
Rift Valley Resources Corp