As everyone knows, the water crisis is now a real issue in many parts of the world and many experts believe that it is going to grow more acute in the years to come. Hence, it is only natural for some companies to have entered this space in a big way. One of those companies is Canada based Rainmaker Worldwide (OTCMKTS:RAKR), which is involved in providing drinking water solutions in a range of geographies. According to the company’s own website, it wishes to make “drinking water possible in impossible places”. It is a business that is noble and at the same time, there is potential to grow significantly in the coming years.
The company’s main purpose is to provide safe drinking water to people in different parts of the world. Considering the fact that freshwater availability is highly skewed, there are many areas in the Middle East, Africa, and India among others, where safe drinking water is not available. Rainmaker wishes to change that and in order to do so, it uses two types of technology. One of those is air to water and the other is water to water. Using these two technologies, the company produces drinking water that is safe for everyone.
Rainmaker is led by a highly experienced and efficient executive team. Michael O’Connor is the CEO, Chairman of the board and also a director of the company. Having been an executive at Orascom Telecom in Egypt, O’Connor helped spread the company’s mobile connections millions of people in 10 nations. The other key executives are Paul H. Heney, who is the Vice President of the company’s operations in Asia and Joost Oosterling, who is in charge of the European operations.
The water crisis is already at alarming levels and at this point in time, as many as 5 billion people experience water scarcity every month on an average. Since the population of the world is going to continue to grow, the water crisis is only going to get worse at a global level and that is where the expertise of a company like Rainmaker is so important. Rainmaker is also uniquely positioned as the crisis unfolds. The company uses its superior technology to deliver water locally in 5000 liters to 150000 liters units. Local delivery means that the company is not bogged down by red tape in overseas locations and that makes it a significantly attractive investment opportunity.