STOCK TITAN

RAKR (RAKR) insider plans sale of 837,997 common shares under Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of RAKR has filed a notice of intent to sell common shares under Rule 144. The notice covers 837,997 common shares to be sold through RBC Direct Investing on the OTC market, with an aggregate market value of 18,268.00. The issuer has 83,779,728 shares of this class outstanding.

The seller acquired the shares on 01/02/2025 through a conversion of a promissory note from the issuer, relating to services rendered under a consulting agreement, with an acquisition amount shown as 837,799 shares and a payment date of 01/08/2024. By signing the notice, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many RAKR shares are planned to be sold under this Rule 144 notice?

The notice covers the proposed sale of 837,997 common shares of RAKR through RBC Direct Investing on the OTC market.

What is the aggregate market value of the RAKR shares to be sold?

The aggregate market value of the 837,997 RAKR common shares to be sold is listed as 18,268.00.

How many RAKR shares are outstanding for this class of stock?

The class of common stock referenced in the notice has 83,779,728 shares outstanding as stated in the securities information section.

How were the RAKR shares being sold under Rule 144 originally acquired?

The shares were acquired on 01/02/2025 via a conversion of a promissory note from the issuer, in connection with services rendered pursuant to a consulting agreement.

What amount of RAKR securities was acquired in the conversion transaction?

The acquisition table shows an amount of securities acquired of 837,799 common shares in the conversion of the promissory note.

What representation does the seller make about information on RAKR?

By signing the notice, the seller represents that they do not know any material adverse information about RAKR’s current or prospective operations that has not been publicly disclosed.