RainEarth Inc. Changes Trading Symbol from GRKR to RNER
May 21 2009 - 10:31AM
PR Newswire (US)
BEIJING, May 21 /PRNewswire-Asia/ -- RainEarth Inc. (OTC Bulletin
Board: RNER; "the Company"), which recently changed its name from
Gold Rock Resources Inc. has been assigned a new symbol to better
reflect its business. The new symbol: RNER has become effective on
May 21, 2009, according to NASDAQ. "The Company intends to
participate in conducting Hollow Fiber Mambrane Materials'
application and manufacturing business in China. The Company has
launched a new English web site. The URL of the new web site is
http://www.rainearth.net/ " Said Mr. Zhu, President of the Company.
About the Company: RainEarth Inc. (formerly Gold Rock Resources
Inc., the "Company") was incorporated in the State of Nevada on
March 14, 2006. The Company is a developing stage company that
initially engages in the search for mineral deposits or reserves.
On March 25, 2009, the Company and Beijing RainEarth Technology Co.
Ltd., a company organized and existing under the laws of the
People's Republic of China, entered into a Business Cooperation
Agreement (the "Agreement") for a term of twenty years. The purpose
of the Agreement is to jointly conduct Hollow Fiber Mambrane
Materials' application and manufacturing business in China (the
"Business"). The Company will provide Advice and assistance
relating to development of marketing and consultancy services,
particularly as related to the Business. Beijing RainEarth
Technology Co. Ltd. will give 60% of its revenue after deduction of
direct operating costs, expenses and taxes to the Company in
consideration of the Company's services. Forward-looking statements
This press release contains "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical facts included
in this press release are forward-looking statements.
Forward-looking statements involve risks and uncertainties
including, but not limited to, economic and political factors;
developments of the Chinese and North American markets and changes
in regulatory matters; our business strategies and future plans of
operations; the market acceptance and amount of sales of our
products and services; our historical losses; the competitive
environment within the industries in which we compete; and our
ability to raise additional capital, currently needed for
expansion. The Company cautions that forward-looking statements are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those indicated in the
forward-looking statements due to several important factors. For
more information, please contact: RainEarth Inc. Public
Relationship Department Tel: +86-10-6127-1736 DATASOURCE: RainEarth
Inc. CONTACT: Public Relationship Department of RainEarth Inc.,
+86-10-6127-1736
Copyright