Rainmaker Worldwide Inc (PK) (RAKR) Quote

Stainmaker worldwide

It’s almost No Bid Friday

What happened to all of the pumpers? Tia🤡

.0007, .0000007 Zzzzz

Ouch Wrong once again

RAKR Q2 2024 10-Q Highlights

Just more bag holders added.

RAKR Q2 2024 10-Q Highlights

RAINMAKER WORLDWIDE INC.
FORM 10-Q For the quarterly period ended June 30, 2024
Filed August 14, 2024

Michael O’Connor
President, Chief Executive Officer and Interim Chief Financial Officer

On January 22, 2024, RWI, a 40% subsidiary of RAKR, finalized the acquisition of Miranda.
The first payment of one million USD together with 40 million RAKR common shares was paid to the shareholders of Miranda. This provides RWI with controlling interest of Miranda initially at 60% of Miranda common stock holdings. The remaining two million USD is to be paid no later than 2 years from the closing date of January 22nd, 2024.
Miranda is coming into 2024 after having a solid year of results in 2023 delivering projects in Iraq and Fiji among others.
RWI and RAKR are actively marketing their solutions in Canada, US, Mexico, the Caribbean, Central America and South America. The expanded product portfolio will assist in market entry opportunities for Miranda and RAKR products alike, bringing revenue and value to all of the companies.

The Company has generated limited revenue up until the present time, and its operations for the past four years have been typically focused on business development, market research, technology research and development activities. The Company had total assets of $30,725, as of December 31, 2023. As of June 30, 2024, net assets were $371,265.

At present, the Company executes consulting agreements with experienced executive personnel and senior advisors. Future sales will be heavily driven by independent distributors and project developers. The Company had no revenue for the quarters ending June 30, 2023 and June 30, 2024

Intellectual Property
We have indirect access to intellectual property assets as a consequence of our partial ownership of and various partnerships with RHBV9 Rainmaker Holland B.V.) and Miranda. We believe that this allows us to maintain an edge in the competitive process from a technological and economic cost perspective.

General and Administrative Expenses
General and administrative expenses primarily include consultant expenses and benefit costs and stock-based compensation expense for executive consultants, outside legal and professional services, marketing and advertising, and facilities costs. General and administrative expenses for the six months ended June 30, 2024 and June 30, 2023 were as follows:

Six Months Ended
June 30, Increase
(Decrease)
2024 2023 $ %
General and administrative expense $ 165,506 $ 376,009 $ (210,503 ) (56.0 )%

Stock-based compensation expense included in general and administrative expense $ 23,979 $ 69,474 $ (45,495 ) (65.5 )%

General and administrative expenses, including stock-based compensation, for the six months ended June 30, 2024, decreased $210,503, or 56%, compared to the same period in 2023. This decrease relates to (1) a decrease in consulting expense of $134,583 (2) stock option expense decrease of $45,495, (3) a decrease of $27,866 in general and administrative expenses, (4) marketing, advertising and promotion expense decreased by approximately $194 and, (5) a decrease in travel expense of $2,365. Excluding stock-based compensation, general and administrative expenses decreased $165,008.


Liquidity and Capital Resources
As of June 30, 2024 and December 31, 2023, the Company had an accumulated deficit of approximately $74.4 million and $74 million and stockholders’ equity of approximately $(11.2) and $(10.9) million, respectively. As of June 30, 2024, the Company had approximately $246 in cash.

It’s almost No Bid Friday

It’s almost bidless Monday

.0009, .00009, .0000001 Zzzzz

.00025 Needs fresh pumpers asap

Crossing your money in a scam like this can be a hard lesson learned

Crossing the Tech Adoption Chasm

In the fast-paced world of technology, bringing a new product to market is often a challenging endeavor. One of the main reasons many new product launches fail is the rush to target the mainstream market before adequately validating the technology with a receptive audience.

Technologies go through curves of adoption, referred to as a technology adoption curve. They start-off promising the world. It doesn't happen. Disillusionment sets in and, interestingly, that's when all the building happens and the infrastructure gets built. You start to see promise become fulfillment.

Successful tech innovation starts with the crucial role of visionaries, innovators and early adopters. It’s the strength of these early forces that that builds the bridges to cross over the chasm of early tech adoption curve to a mainstream market.

Identifying and targeting adopters in complex enterprise B2B markets requires a strategic and thoughtful approach. Engaging with industry influencers, leveraging existing networks and collaborating with innovation hubs can help find early customers who are willing to innovate with the company. Additionally, filtering the noise from the early and late majority ensures that valuable market insights are collected while focusing efforts on the requirements that truly matter for building a successful minimum viable product (MVP). By understanding the significance of engaging with the right adopters and iterating based on their feedback, businesses can set themselves on the path to success and navigate the challenges of the technology adoption curve effectively.

Adopted from: Tom Bartley https://tom-bartley.medium.com Jul 26, 2023

Pain maker world wide ©️

Rainmaker world wide ©️

How’s the bag holding going? Lmao

.00001 soon

This pile of shit needs a new group of pumpers

RAKR 2024 Summary
The Good, The Bad and The Ugly

Rainmaker Worldwide Inc. (the company, Rainmaker or “RAKR”) is a Nevada (USA) company with its head office in Peterborough, Ontario (Canada).
The Company distributes two main types of energy-efficient, fresh water-producing technologies:
Air-to-Water (“AW”), harvests fresh water from humidity in the atmosphere, and
Water-to-Water (“WW”), transforms seawater or polluted water into drinking water.
The technology, powered by either wind, solar or conventional power sources (grid or generator), is deployable anywhere and leaves no carbon trace if renewable resources are deployed.

Rainmaker holds a 12% interest in Rainmaker Holland B.V. (“RHBV”) which consists of the innovation and manufacturing center located in Rotterdam, Netherlands. RAKR will purchase equipment on a favorable cost-plus formula.

Rainmaker holds a 40% interest in Rainmaker Worldwide Inc. (Ontario) (RWI), a 40% subsidiary. RWI drives operations in Canada, the Caribbean, Central America and South America.

RWI Miranda Acquisition
On January 16, 2024, Rainmaker (RAKR) entered into an agreement with Rainmaker Worldwide Inc. (Ontario) (“RWI”) to acquire Miranda Environmental and Water Treatment Technologies, Energy, Natural Resources, Engineering, Consulting, Construction and Commerce Inc. (“Miranda”) in Ankara, Turkey. The acquisition of Miranda provides the Company with a full suite of water production and purifications systems.
On January 22, 2024, RWI, finalized the acquisition of Miranda, which had been delivering systems for more than ten years across 40 countries globally.
Miranda came into 2024 after having a year of solid results in 2023 delivering projects in Iraq and Fiji among others. RWI and RAKR are actively marketing their solutions in Canada, US, Mexico, the Caribbean, Central America and South America. The expanded product portfolio will assist in market entry opportunities for Miranda and RAKR products alike, bringing revenue and value to all of the companies.
The first payment of one million USD together with 40 million RAKR common shares was paid to the shareholders of Miranda. This provides RWI with controlling interest of Miranda initially at 60% of Miranda common stock holdings. The remaining two million USD is to be paid no later than 2 years from the closing date of January 22nd, 2024.

Intellectual Property
The company has indirect access to intellectual property assets as a consequence of our partial ownership of and various partnerships with RHBV and Miranda. We believe that this allows us to maintain an edge in the competitive process from a technological and economic cost perspective.

Suppliers
The company’s principal suppliers for the core technologies to be deployed are Miranda and RHBV. Should RHBV not supply the appropriate scale of technology required by a project, RAKR has identified multiple technologies of different sizes and types.

Business Model
With the acquisition of Miranda, RAKR now has complementary technology to deliver in 2024 and thereby diversify its business model.
The RAKR business model typically begins with the identification of a trusted local partner. When applicable, the next step is to enter into JV structures, which maximize value to all stakeholder-parties. The Rainmaker delivery systems are to be installed by entering into contracts with local third-party experts that are typically Heating, Ventilation and Air Conditioning (“HVAC”) experts.

The company continually pursues strategic and technology-based partnerships with complementary technology and business development companies to expand RAKR’s global reach and service offering. The purpose of which to offer a more comprehensive product set when proposing solutions to communities, developers and commercial entities.

Liquidity and Capital Resources
As a development stage company, RAKR pursued and executed a strategy whereby they now have a full suite of products that can deliver distributed water solutions globally. To date, its products have yet to generate significant revenue. As a result, they have historically suffered recurring losses and do not have the required cash resources to fully execute their business plans.

Historically, the Company’s major sources of cash have comprised proceeds from various private offerings of its securities (including common stock) and debt financing. The Company has sustained losses from operations in each fiscal year since its inception. As of March 31, 2024 the Company had an accumulated deficit of approximately $74 million and stockholders’ equity of approximately CDN $10.9 million. As of March 31, 2024, the Company had approximately $236 in cash.

5 bucks in volume lmao

Slap that ask idiot

yeah, but...the sellers appear to be gone, there might be a big short position on this, according to the chart I'm looking at.....🤣👉️🙃 BOING????????????????? I just wonder....

Thinking the same thing as the last 5 years?

What happened to these deal announcements?

https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Signs-Water-as-a-Service-Agreement-with-Jamaicas-Northern-Caribbean-University?id=265606

And this one ....

https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Inc-Announced-Today-the-Signing-of-a-Joint-Venture-With-the-Carlaw-Group-Ltd-to-Provide-Water-to-Ken?id=276422

How about this one .... ???

https://www.otcmarkets.com/stock/RAKR/news/Rainmaker-Worldwide-Announces-Multi-Million-Dollar-Joint-Solar-Water-Venture-in-the-Bahamas-and-Contract-for-50-Solar-Ca?id=268737

Its a SCAM.

How to Spot the Next Technology Breakthrough
Andrew Shipilov, INSEAD & Francesco Burelli , Arkwright Consulting AG 12 Mar 2024

My Summary, Highlights and Annotations[/b

In the summer of 2022, few people knew what Generative AI (GenAI) meant. Yet the launch of ChatGPT in November made everyone aware of this technology’s immense opportunities. Between the summer and fall of 2022, Gen AI passed an inflection point. High uncertainty about its performance gave way to increased confidence that the technology would affect businesses in a significant way.
From Uncertainty to Inflection Point to Confidence & Maturity

The evolution of new technologies follows an S-curve.
In the beginning, there is a long incubation period during which technological development and use are confined to basic science. This period is characterized by high uncertainty about the technology’s performance and there is virtually no confidence in the emergence of concrete business use cases. Eventually, there is an inflection point beyond which the performance and use cases of new technologies increase exponentially. At that time, uncertainty about their performance decreases rapidly while the confidence in their applications increases. Inflection points occur where old models and methods threaten to stifle innovation, change and growth, and require that new ways of working must be adopted.

Three simultaneous factors are required to reach the inflection point:
• Public attention: The public must be aware of the technology and what it can do.
• Investment: Funds must be spent on boosting the technology’s performance.
• Complements: These comprise products or services that combine with the technology to make it more valuable and augment its
performance. That is, there is a necessity, a mandate, to build a broad content ecosystem around the new technology.

System dynamics theory teaches that in complex systems, individual elements may mutually reinforce each other via feedback loops. In the case of technological transition, more attention may lead to more investment. More investment may then lead to even more attention, which will also make people look for new complements. These feedback loops can then push the technology forward, beyond the inflection point.

Painmaker what a scam

Nothing is happening with Miranda! Only joke here is the idiots here who continue to try and pump Rainmaker and Miranda. Bunch of Italian clowns.

Your 1/08/24 Sticky is a joke. Lol, Did you put it there? The Otc site has not been updated. The interest here is Miranda. Do you comprehend what is happening here?

Just piles of shit like this

Jim666 is a low level useless Ihub basher troll clown

I see you bash alot and talk trash. But you never contribute any facts on why your bearish. Because u really have none just post compensation. Another pea brain on ihub. Lmao

Huge!

Wowza- ‘700 day workers’- thats a lot of workers. $RAKR $$

Let’s welcome the new bag holders

https://twitter.com/mikeskinnerptbo
Michael Skinner
@mikeskinnerptbo
·
4h
“Exciting times! Just visited the newly commissioned RBC at Sögüt Gold Mine in Türkiye 🇹🇷. This innovative system is now supporting up to 700 day workers. Stay tuned for more?! $rakr

More gifted shares to dump.

Rainmaker Worldwide Announces Formation of New Advisory Board
Peterborough, Ontario, Canada, March 21, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire –

https://ca.finance.yahoo.com/news/rainmaker-worldwide-announces-formation-advisory-123100788.html

Rainmaker Worldwide Inc (OTC: RAKR), a global leader in innovative water technology solutions, is pleased to announce the formation of its new Advisory Board, comprising industry experts and seasoned executives. This advisory board will provide invaluable guidance as Rainmaker continues its mission to revolutionize the water industry and expand its global footprint.

RAKR #1 on the Bag Holders Board! 5th straight year.

Only Fools were Fooled here 🤡©️

In other words this merger has done nothing to move both companies forward. Lets get another merger going with another useless company. The new bag holders are drowning in red.

https://mirandawater.com

Discovering Miranda’s Miracell® RBC (Rotating Biological Contactor): Environmental, Economic, Social, and Technological Advantages compared to Centralized Water Treatment Plants.
Michael Skinner CEO, Miranda Water Technologies. February 18, 2024

Executive Summary: Wastewater treatment is essential for protecting public health, preserving water resources, and maintaining environmental quality. Centralized water treatment plants have historically been the predominant approach for managing wastewater in urban and their adjacent rural areas. However, these plants face challenges related to energy consumption, infrastructure costs,…

Enhancing Energy Efficiency: A Deep Dive into Miranda Water Technologies’ RBC Systems vis-à-vis Traditional Municipal Wastewater Treatment Plants.
John Gillis, Chair: Miranda Technology Advisory Committee. February 12, 2024

Executive Summary: Municipal wastewater treatment stands as a linchpin in safeguarding public health and environmental integrity. With a burgeoning focus on curbing operational costs and ecological impact, this paper delves into the energy efficiency of Rotating Bio-Contactors (RBC) pioneered by Miranda Water Technologies, juxtaposing them against conventional…

Its a big fvcking nothing burger

In other words jack shit happening so no news to relate to the new bag holders. WE NEED ANOTHER MERGER ANNOUNCEMENT NOW.

Quiet periods without press releases
I expect us to be relatively quiet as we execute on achieving our objectives. We will also continue to work on reducing expenses to give the Company the financial runway it needs to reach profitability. - anonymous

Yes for a tax loss. This scam is done

Looks good

pass me a light when this awakens please.....waiting on a friend....

Its burning down the house today with 386,000 at 1pm. Its a shit show. We need another merger announcement. Can any of the clowns on this site get that going for the bag holders.

$rakr looks like it's getting loaded

4.8 million in volume at noon on a Thursday and some people are saying this is dead ? It may have slowed down for the moment but it should pick back up again. Like I said before, unfortunately there are wars going on, infrastructure gets smashed, and people, civilians and military alike, need clean water.