Big Money Forums  

Go Back   Big Money Forums > Big Money Investing - Markets, Real Estate and Trading > Stock Markets and Trading > Stock Picks
Register FAQ Calendar Radio Search Today's Posts Mark Forums Read

Reply
Submit Tools Thread Tools Search this Thread Display Modes
  #1  
Unread 06-02-2009, 08:57 AM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
RNER

RainEarth Inc.'s Disposable Blood Dialysis Machine Included in the List of Beijing Independent & Innovative Products
On Tuesday June 2, 2009, 9:00 am EDT
Buzz up! Print BEIJING, June 2 /PRNewswire-Asia/ -- RainEarth Inc. (OTC Bulletin Board: RNER; "the Company"), which recently changed its name from Gold Rock Resources Inc., has announced that its contractual partner in China, Beijing RainEarth Technology Co. Ltd., ("China RainEarth") has had its disposable blood dialysis included in the third, and most recent, installment of Beijing Independent & Innovative Products.

In May 2009, Beijing Municipal Science and Technology Commission (BMSTC) recognized a need to encourage innovation and development for local companies in Beijing Zhongguancun, considered the Beijing Silicon Valley of research and development. BMSTC, together with Municipal Development and Reform Commission, Municipal Housing, Urban and Rural Development Committee, Municipal Economic and Information Technology Commission and Zhongguancun Administration Committee, had announced a list of products each with its own advanced technology intellectual property. It is a great honor that China RainEarth's disposable blood dialysis has been included along with the products of some other well-known companies such as Lenovo, Beijing Stone, Founder Technology Group and Beijing SL Pharmaceutical.

See the details of the List and the Circular at

The program started in 2007, with this list being the third installment. The program is aimed at encouraging public investment in products demonstrating technical advances and having their own intellectual rights in Beijing, especially companies in the Beijing Silicon Valley. The list of recognized products covers IT, biomedical, new materials, energy saving, environment protection, cultural creativeness, etc, all of which are highly innovative and technically advanced. Recognized products will be placed as high priorities on the government's purchasing plan. Products included in the previous two installments have been purchased by the government for a total amount of roughly USD$ 320 million.

"We are very pleased that China RainEarth's disposable blood dialysis has been included on this list," said Mr. Zhu, CEO of the Company. "This will lead to increased business for the company, particularly with government departments and state owned hospitals."
Reply With Quote
  #2  
Unread 06-02-2009, 10:11 AM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
i grabbed some off the news at .77, .79's going now, (nice to see nite sitting .83)
Reply With Quote
  #3  
Unread 06-02-2009, 02:36 PM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
.81'S INTO CLOSE HERE
Reply With Quote
  #4  
Unread 06-03-2009, 08:01 PM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
Held again, can't wait to see what this does with a big volume day.
Reply With Quote
  #5  
Unread 06-04-2009, 08:40 AM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
RainEarth Signs Purchase Agreement with XiangFan Municipal No.1 People's Hospital
On Thursday June 4, 2009, 9:00 am EDT
Buzz up! Print BEIJING, June 4 /PRNewswire-Asia/ -- RainEarth Inc. (OTC Bulletin Board: RNER; "the Company"), announced today that its contractual partner in China, Beijing RainEarth Technology Co. Ltd., ("China RainEarth"), and XiangFan Municipal No.1 People's Hospital, entered into a Purchase Agreement (the "Agreement") for an amount of RMB1,800,000 (approximately $263,500) for its blood dialyzers.

China RainEarth has been contracted to manufacture and deliver 30,000 dialyzers for medical use at XiangFan Municipal No.1 People's Hospital. These high quality blood dialyzers will be delivered in early July, 2009. Each dialyzer costs approximately RMB60.00 (approximately $8.75), equaling the total contract value of RMB1,800,000 (approximately $263,500).

XiangFan Municipal No.1 People's Hospital was founded in 1949. It has approximately 1050 beds and is one of China's 700 Rank A Level 3 national hospitals. "We are very pleased that XiangFan Municipal No.1 People's First Hospital recognizes the high quality of blood dialyzers manufactured by China RainEarth. We recognize there is a very large market for our blood dialyzers, therefore our goal is to reach the other Rank A Level 3 national hospitals in China. Reaching these other hospitals would amount to approximately $103,000,000RMB (approximately $15,000,000USD) in revenue," stated Zhu, YongFu, CEO 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 first product that utilizes this technology is blood dialyzer.

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.
Reply With Quote
  #6  
Unread 06-04-2009, 08:52 PM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
Traded strong for most of the day off the news here.
Reply With Quote
  #7  
Unread 06-05-2009, 09:07 AM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
.87's going
Reply With Quote
  #8  
Unread 06-05-2009, 08:10 PM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
.95 Close for HOD nice!! Up 26.67% here.
Reply With Quote
  #9  
Unread 06-07-2009, 09:06 AM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
If this breaks a dollar, you get a whole new set of players in this game, (many won't look at a stock until it reaches a dollar)
Reply With Quote
  #10  
Unread 06-08-2009, 11:12 AM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
94's are holding strong at ask here, looks like it churned a bit early in the day- IMHO looks like nite is just sitting waiting,
Reply With Quote
  #11  
Unread 06-08-2009, 03:09 PM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
Closed .91 today, down slightly but still holding for last week's buyers.
Reply With Quote
  #12  
Unread 06-09-2009, 08:28 AM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
RainEarth Applies for Patent for Second Generation Blood Dialysis Equipment
On Tuesday June 9, 2009, 8:30 am EDT
Buzz up! Print BEIJING, June 9 /PRNewswire-Asia/ -- RainEarth Inc. (OTC Bulletin Board: RNER; "the Company"), announced today that its contractual partner in China, Beijing RainEarth Technology Co. Ltd., ("China RainEarth"), has submitted a patent application for its second generation of blood dialysis.

This second generation blood dialysis has several new features and advantages. These include: a lower broken membrane rate, a higher gap rate, enhanced biological compatibility for the hollow fiber membrane, and an increased dialysis rate.

China RainEarth has applied for patents in a variety of areas with the State Intellectual Property Office of P.R.C (SIPO) including:


-- Scale manufacture method for hollow fiber membranes
-- Quick drying equipment for hollow fiber membranes
-- Device for adjusting dry spinning range in hollow fiber membrane that
includes dry-wet spinning and control condensation bath process
concentration control
-- Synthetic hollow fiber membrane continuous spinning device
-- Hollow fiber membrane porous spinneret component
-- Hollow fiber tube-in-orifice spinneret

In May 2009, the China State Council passed new regulations not only to speed up the development of the biological industry in China but also to enhance bio-tech patent protection. Products with intellectual rights, once reviewed and approved, will be included in the national Medical Plan catalog.

"We continuously improve our products and protect our intellectual property by applying for patents. These advantages give China RainEarth a strong position in hollow fiber membrane manufacturing and related fields, solidifies our leadership position and ensures that we stay ahead of our competition", said Mr. Zhu, CEO of the Company.
Reply With Quote
  #13  
Unread 06-09-2009, 10:52 PM
Trades4Fun Trades4Fun is offline
Member
 
Join Date: Feb 2009
Posts: 114
Rep Power: 16
Trades4Fun is on a distinguished road
Slow day for volume on her today, looks like she's holding gains.
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Google
Forum Jump


All times are GMT -5. The time now is 10:27 AM.

Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.