Nebuchadnezzar
19 시간 전
RITE POWDER KEG
"The Form 10-12g filing culminates a little more than a full year of getting this Company cleaned up and moving in the RITE direction," said James Burgauer, RITE's President and CEO. "As I said when I first took over - first we need to get the Company foundationally clean and stable. Then we need to start acquiring a base of assets. After that, we need to raise a bit of money to start developing, upgrading, and certifying the true value of the assets that we acquired while simultaneously positioning RITE to undertake a more substantial capital raise. To facilitate that RITE will need to start working with the brokerage community to get them interested and behind the stock, which will, in turn, help us get the necessary funds raised to get those properties into production. It's been my belief all along that by having both PCAOB audited financials and filing a Form 10-12g, the Company will have gone a long way towards getting its stock more accepted and more actively traded by the brokerage community. Once these things are accomplished, RITE can work towards getting a sponsor for a 15c-211 and get the eligible for Unsolicited Quotes Only banner lifted. It's really a fairly simple and straightforward plan - and I believe that RITE's management team has been doing a most excellent job in executing it."
"Of course, the SEC still needs to review and comment on the Form 10-12g filing, and that will happen in due time," said Burgauer. "We believe that we have done a very thorough job to present full, fair, and accurate disclosures about the Company. Of course, we await any forthcoming staff comments, suggestions and improvements."
A copy of the Form 10-12g, a joint letter to both RITE and NMC shareholders discussing the recent acquisition, and a host of other topical disclosures as well as shareholder Question and Answers can be found at
www.mineral-rite.com/investor-relations.
crazy horse 0
19 시간 전
The CEO is a Man of his Word what else can we ask for and a Book Value of 3 cents a share
RITE Precious Metals LLC,Form 10, Reg S offering
On January 14, 2025, the Company created RITE Precious Metals LLC, a Michigan limited liability company in anticipation of engaging in matched precious metal purchases and sales activities after having been approached by an international funding source. Discussions are presently ongoing with the funding source. It is the present intention of the Company to offer the funders non-convertible preferred shares subject to a sinking fund; warrants to acquire a limited number of shares of common stock; and a profit-sharing arrangement for a limited period of time. The Company believes that this approach will limit the dilution for the current holders of the Company’s common stock. The Company expects that, if this project proceeds, funds will be raised pursuant to a Regulation S offering.
https://www.otcmarkets.com/filing/html?id=18200635&guid=7UB-kqU6x0yeJth
crazy horse 0
20 시간 전
$RITE just filed FORM 10-12g with the SEC. It can be found on EDGAR, OTCMarkets.com and at https://mineral-rite.com/investor-relations. Check it out. The process of becoming fully reporting is in full swing! #MineralRite #RITE #InvestorRelations #OTCMarkets #RITEplace #RITEtime
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Ribo
20 시간 전
RITE Precious Metals LLC,Form 10, Reg S offering
On January 14, 2025, the Company created RITE Precious Metals LLC, a Michigan limited liability company in anticipation of engaging in matched precious metal purchases and sales activities after having been approached by an international funding source. Discussions are presently ongoing with the funding source. It is the present intention of the Company to offer the funders non-convertible preferred shares subject to a sinking fund; warrants to acquire a limited number of shares of common stock; and a profit-sharing arrangement for a limited period of time. The Company believes that this approach will limit the dilution for the current holders of the Company’s common stock. The Company expects that, if this project proceeds, funds will be raised pursuant to a Regulation S offering.
https://www.otcmarkets.com/filing/html?id=18200635&guid=7UB-kqU6x0yeJth