RAINMAKER WORLDWID COM USD0.0001 (OTCMKTS:RAKR) Is Taking On The World’s Water Crisis

RAINMAKER WORLDWID COM USD0.0001 (OTCMKTS:RAKR) is a stock with real potential for growth, with a strong vision to deliver water at an affordable price to regions with crisis of supply.Since its public listing in September 2017, on OTC Markets, its share price has nearly doubled rising from $0.7 to $1.34 in early October.Take a look at the share price action below. RAKR Daily ChartBusinessIf you’re reading about RainMaker for the first time, here is a brief introduction to the companyThe company was established in January 2012 and has its head office in Peterborough, Canada. It undertakes in the commercialization, sale, and development of patented water technologies that provide drinking water. The company's patented water technology provides economical drinking water wherever it is needed and at scale. It has developed energy efficient techniques for producing clean water from air and polluted water through its innovation and manufacturing center located in Rotterdam, Netherlands. Its technology is both wind and solar powered, is deployable anywhere, and leaves no carbon traceswhile still offeringoptions for grid and diesel powered models.RainMaker Worldwide Inc. has a vision to become a global leader in solving the worldwide water crisis byproviding safe, drinking water in areas with inadequate supply.Going PublicOn September 12, 2017, the company announced that it had gone public. The management explained that the main reasons for going public was to be able to raise funds to invest in opportunities that would solidify its leadership position in the market and to explore options of mergers and acquisitions with other major players within the industry. The firm also announced its new strategy to recruit high caliber employees and use its shares as a form of compensation.RainMaker had previously received $2.5 million from the Peterborough Region Angel Network. A privately driven initiative that brings together individual investors from to combine their wealth of knowledge and experience to collaborate and invest in early stage growth companies in the green technology and life-science sector. RAKR used the funds to expand its operations.Recent DevelopmentsIn line with its strategy to expand operations and hire high caliber staff, Rainmaker recently hired a new CFO, Michael Dohaney.Dohaney has previous experience as CFO of Ghana Capital Partners based in Hong Kong and Manulife Financial in Barbados. He also worked as a Tax Senior Manager at KPMG, LLP Canada. He is expected to use his vast experience in overseeing the capital structure of the company, deciding the best mix of debt, equity, and internal financing required for customer projects, supervising all financial reporting, filings, relating to the listing of the company.In June 2016, the company announced the sale of its first machines in Jamaica and India which coincided with the company’s receiving of its authorized partners and other stakeholders from India, the Middle East, GCC, Canada, USA, UK, Europe Jamaica and South America to its newly opened research and development facilityin Rotterdam, Netherlands.RainMaker CEO Michael O’Connor was quoted saying,

“The initial sales are exactly according to the plan and are positioned in locations with excellent climatic conditions to highlight the extraordinary benefits of our technology. These sales fuel the launch of our manufacturing facility in Rotterdam and they are just the beginning.”Source

Financial PerformanceDue to its aggressive growth strategy, Rain Maker has recorded retained losses across 2013 to 2016. However, assets are well above liabilities due to the nature of its business operations and it is expected that the investments in these assets and high demand for its products would begin to bring in revenues.Between 2014 and 2016, the company was able to reduce its losses and pay off debts without diluting its ownership. This demonstrates its commitment to creating shareholder value as declared during one of its press releases. Although this may have influenced its liquidity ratio which is at a low 0.12 causing some concern. However, it is acceptable since it is not a cash intensive business as revealed from the cash flow statements.It is also worth noting that the financial reports in circulation are not fully reliable as they did not come from the company, thus making accuracy of the estimates made by analysts is debatable. However, the results for Rain Maker’s 2017 operations are expected to be published, due to its new public status.Chief Strategy Officer, Michael Skinner recently declared:

“Rainmaker is a key example of how a cleantech startup has the potential to grow and create worldwide solutions when given support, its collaboration between PRAN (angel investors)and local startups make Peterborough a well-positioned region for determined entrepreneurs to thrive."

SourceConclusionRainmaker has moved its operations to a market where demand is high and supply is low. It is expected this will impact its results positively. Its market value could remain on the rise as the market becomes more aware of its potential.We will be updating our subscribers as soon as we know more. For the latest updates on RAKR, sign up below!Image courtesy of Wychwood Water Systems via FlickrDisclosure: We have no position in RAKR and have not been compensated for this article.