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R-THREE TECHNOLOGIES INC - RRRT STOCK NEWS

Welcome to our dedicated page for R-THREE TECHNOLOGIES news (Ticker: RRRT), a resource for investors and traders seeking the latest updates and insights on R-THREE TECHNOLOGIES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect R-THREE TECHNOLOGIES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of R-THREE TECHNOLOGIES's position in the market.

Rhea-AI Summary

R-3 Technologies Inc. (OTC PINK:RRRT) has announced the rescission of its recent acquisition of YING Inc., effective immediately. The boards determined that their expectations for the partnership were not met, thus returning all shares to the treasury and reinstating their pre-acquisition status. Alongside this move, Karla Ballard has resigned as CEO of R-3 Technologies. The company is now poised to explore alternative ventures following the exit of YING Inc. The announcement includes forward-looking statements cautioning shareholders about potential risks and uncertainties related to business development and capital-raising efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.78%
Tags
management
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Rhea-AI Summary

R3T Technologies (RRRT) announced its annual stockholder meeting scheduled for March 17, 2023, at 1:00pm EST, held via conference call. This open meeting will include a report from the Directors outlining current business plans, followed by the election of Officers & Directors, and ratification of the Preferred Share series and amendments. No proxies are required for attendance, promoting direct shareholder engagement. Interested participants can join via the provided conference call number: (774) 290-2200, with access code 233-3387#.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.78%
Tags
none
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Rhea-AI Summary

R-3 Technologies Inc. (OTC PINK:RRRT) is rebranding to YING INC. and has announced a partnership with The Blockchain Academy to enhance skills training in blockchain technology. This collaboration will offer a comprehensive curriculum, hands-on projects, and AI-proctored assessments, validating talent for the gig economy. With the gig economy projected to reach $455.2 billion by 2023 and a 300-500% annual increase in demand for blockchain developers, this initiative aims to address the workforce evolution post-pandemic. CEO Karla Ballard emphasizes the importance of blockchain education as key to YING's future offerings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.9%
Tags
partnership
News
Rhea-AI Summary

R3T Technologies has acquired YING Inc., an AI-powered skillsharing platform designed to enhance community engagement and facilitate gig economy work. With approximately 60 million gig workers in the U.S. and a projected market size of $455.2 billion by 2023, YING aims to connect users directly without traditional employment barriers. The platform uses in-app currency and blockchain technology for secure transactions. A monthly fee for larger corporations is expected to contribute significantly to revenue. This acquisition marks a strategic expansion for R3T, which believes the technology will create opportunities for growth and innovation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.63%
Tags
-
Rhea-AI Summary

R-Three Technologies Inc. (RRRT) has appointed Mr. Eric Eden to its Board of Directors, signaling a strategic move under CEO Karla Ballard's leadership. With nearly 30 years of experience in technology marketing and SaaS solutions, Eden has a strong track record in building marketing teams and enhancing shareholder value. His notable achievements include raising $136 million in Private Equity and taking a company public on the NYSE, later selling it for $1.6 billion. His expertise is expected to drive RRRT's corporate performance framework and strategic growth initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.63%
Tags
management
-
Rhea-AI Summary

R-Three Technologies Inc. (RRRT) has appointed Ms. Hope Sullivan as International Lead and Government Programming on its Board of Directors, signaling a strategic shift under CEO Karla Ballard. Sullivan, a seasoned executive with extensive experience, aims to leverage her insights into developing economies to facilitate the company's growth in an increasingly digital world. Ballard emphasized that Sullivan's addition will significantly enhance the company's ability to connect with economic and world leaders, laying the groundwork for future advancements and financial solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.33%
Tags
management
Rhea-AI Summary

R-Three Technologies (OTC: RRRT) has appointed Karla Ballard as CEO, marking a strategic shift into the FINTECH sector with a focus on the Gig Economy. Ballard, known for her expertise in FINTECH and Blockchain, brings significant experience, including her role in the 2020 Presidential campaign and leadership positions at Participant Media and Ogilvy & Mather. The company is poised to leverage her experience for immediate acquisition opportunities and growth in shareholder value as it navigates the global FINTECH landscape.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
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Rhea-AI Summary

R-Three Technologies Inc. (OTCMKTS: RRRT) has announced its acquisition of Societe Crane & Associates, a leading construction firm in Africa. This strategic move is aimed at enhancing R3T's international presence and revenue streams, with expected revenues of up to $60 million annually and a net profit of $10 million. Joe Crane, founder of the acquired firm, will lead R3T's International Development Division. The acquisition is viewed as a crucial step toward R3T's goal of becoming a dominant player in the global market, signaling positive momentum for shareholder value.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.7%
Tags
-
Rhea-AI Summary

R-Three Technologies (OTCMKTS: RRRT) has appointed three new board members: Steve Cohen, Marcia Dyson, and Aaron Anderson. Their diverse expertise spans entrepreneurship, food and beverage, financial services, and communications. CEO William Benson emphasized the positive impact this talented group will have on the company's growth strategy for 2022. R3T recently established three new divisions—Media & Entertainment, Health & Wellness, and Technology—aimed at enhancing marketing campaigns and product accessibility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
management
Rhea-AI Summary

R-Three Technologies, Inc. (OTCMKTS: RRRT) has appointed Karla Ballard as Chief Operations Officer. Ballard brings extensive experience in tech, finance, and media, previously addressing broadband adoption in over 166 US cities and implementing the Affordable Care Act in California. Currently the CEO of YING, a peer-to-peer fintech platform, she emphasized the importance of cultural innovation for economic growth. The company has also established three new divisions: Media & Entertainment, Health & Wellness, and Technology to enhance marketing campaigns for wellness products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.67%
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none

FAQ

What is the current stock price of R-THREE TECHNOLOGIES (RRRT)?

The current stock price of R-THREE TECHNOLOGIES (RRRT) is $0.01 as of April 16, 2024.

What is the market cap of R-THREE TECHNOLOGIES (RRRT)?

The market cap of R-THREE TECHNOLOGIES (RRRT) is approximately 563.7K.

R-THREE TECHNOLOGIES INC

OTC:RRRT

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RRRT Stock Data

563.68k
71.46M
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