BEIJING, May 15 /PRNewswire-Asia/ -- Gold Rock Resources Inc. (OTC Bulletin Board: GRKR), a company that recently entered into the consultant services related to the hollow fiber membrane materials' application and manufacturing market in China announced that has changed its name to: RainEarth Inc. to better reflect its business. The Company is applying for a new symbol from Finra. The Company has launched a new English web site. The URL of the new web site is http://www.rainearth.net .
"This new web site is specifically designed to meet the needs of the investment community and marks the beginning of RainEarth Inc.'s efforts to expand its out reach to analysts and investors alike," said Mr. Zhu, President of the Company. "This web site will serve as an important conduit of information between the Company and all stakeholders who have an interest in RainEarth Inc."
RainEarth Inc's new site contains the Company's information, the services and products, the related news, the strategic partners and other important information about Beijing RainEarth Technology Co. Ltd. Investors can also find links to all SEC filings and share price.
The new web site can be accessed at http://www.rainearth.net .
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 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.
Forward-looking statements
This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion. The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.
