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Wednesday, November 30, 2022

The Exciting Story of R-Three Technologies, Inc. (OTCMKTS: RRRT)

R-Three Technologies, Inc. (OTCMKTS: RRRT) has seen a spectacular rise up the charts in recent days exploding off its $0.02 base to highs near $0.25 quickly attracting legions of shareholders who continue to bid RRRT higher.

RRRT is on the move since the Company reported it has cancelled $564,000 of debt, as per company quarterly filing with OTC. The Company said it has been working diligently on several other new measures that aim to drive shareholder value. These include new mergers and acquisitions strategy and the hiring of a new senior management team to execute these plans.

R-Three Technologies, Inc. (OTCMKTS: RRRT) desires to help alleviate the global environmental crisis in waste management in a unique, proprietary way. By pursuing this goal and adhering to its business plan, the management believes the Company can provide financial benefits to its shareholders, venture partners, employees and the communities in which it operates. The Company will manufacture high quality, durable, environmentally friendly interlocking bricks, architectural blocks, sound barrier panels and related products at very competitive prices. It is our goal to become a recognized leader in the industry in many areas including customer satisfaction, to grow aggressively, to have annual profitability and to establish long-term relationships.

The Company started out producing a proprietary process for recycling asphalt shingles, otherwise destined for already over-crowded landfills, into interlocking asphalt bricks with a variety of commercial applications including: patios, driveways, walkways and many more.  Even the nails are recovered and sold for scrap. The bricks are designed to compete favorably with asphalt and concrete in a variety of commercial applications including driveways, patios, pool decks, courtyards, sidewalks and medians.

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RRRT

On August 20 RRRT announced the company is taking measures to deliver increased value for shareholders, via an improved capital structure and the launch of several new, strategic initiatives. As a first initiative, R-Three Technologies, Inc. (OTC: RRRT) has cancelled $564,000 of debt, as per company quarterly filing with OTC. Additionally, R-Three Technologies, Inc. will soon be announcing a new restructuring of its equity. RRRT has been working diligently on several other new measures that aim to drive shareholder value. These include new mergers and acquisitions strategy and the hiring of a new senior management team to execute these plans.

RRRT is led by CEO Stan Kolaric who graduated from the University of Ljubljana with a Masters degree of science and mechanics. Stan will be responsible for overall management of the company. Stan enjoyed a twenty-five year career primarily working for two large organizations: BIC Incorporated as their Engineering manager for North America, and Summerville Belkin Group as their Engineering Supervisor and Manager. He successfully managed many projects from the research and development stage through construction and commissioning. For instance, Stan set up a 350,000 square foot production facility for Somerville Packaging. His responsibilities have included overseeing the relocation of entire manufacturing plants and trouble-shooting individual situations in order to turn money-losing projects into profitable ones. On RRRT he recently stated: “We’re excited about the possibilities moving forward. Our shareholders have been very patient with us as we transition, and for that, we are grateful.”

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RRRT is an exciting story developing in small caps that has quickly attracting legions of shareholders who continue to bid RRRT higher. RRRT is pink current and gets their filings out in time. The Company has no debt and started running northbound after RRRT reported it has cancelled $564,000 of debt, as per company quarterly filing with OTC. The Company said it has been working diligently on several other new measures that aim to drive shareholder value. These include new mergers and acquisitions strategy and the hiring of a new senior management team to execute these plans. We will be updating on RRRT when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with RRRT.

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Disclosure: we hold no position in RRRT either long or short and we have not been compensated for this article.

 

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