OCEANIC RESEARCH COM USD0.001 (OTCMKTS:ORRV) is a smart watchmaker and consumer device provider who specializes in warranty insurance and help desk administration. The story here is that the company has gone public. They did this with a binding letter of intent, which called for Oceanic Research to acquire McCusker Holding Corp (OTCMKTS:ORRV) in a statutory merger with McCusker becoming a wholly-owned subsidiary of Oceanic Research.
In connection with the reverse merger, the articles of incorporation for Oceanic Research were amended to change the corporation’s name to “McCusker Holdings Corp.” The company has requested a symbol change, so expect to see a different symbol in coming months. However, the OTC has them listed as “Limited Information,” so it in unclear when this will happen.
“The successful completion of this transaction represents a major milestone for us. I am hopeful that our public listing will offer the company greater access to new investors, new sources of growth capital with which to grow our company, and enhance our services within the marketplace,” stated Will McCusker, Chairman of the Board of Directors and Chief Executive Officer of McCusker Holdings Corp back in April. “We would like to thank the many investors who have continued to encourage us during this process,” he added.
OCEANIC RESEARCH COM USD0.001 (OTCMKTS:ORRV) could seek to obtain formal approval for its name and symbol change through FINRA soon, if it has not happened already. McCusker Holdings Corp will continue to update its stockholders throughout the process.
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McCusker Holdings Corp is a leading national provider of consumer electronic tablet devices, smart watches, screen protection devices and other consumer electronic warranty products. McCusker also provides help desk and warranty insurance administration serving a wide variety of industries. It also has created specialized service programs for the consumer electronics and the heating, ventilating, and air conditioning (HVAC) industries. The company services 43 countries. McCusker’s clients include: OEM’s, retailers, law firms, underwriters, and third party administrators. The company is a true leader of developing innovative solutions for help desk and warranty insurance administration support services.
The company is taking steps to tighten share counts by reverse merger and share reclamation through the proper regulatory filings, and anyone buying at these prices will be subject to the reverse merger actions and share count tightening. This looks like it is being executed by someone familiar with share counts and regulatory filings.
McCusker Consulting was founded in 1997 by Will McCusker, an industry professional with years of experience in the insurance, warranty administration and legal fields. McCusker Consulting became McCusker & Company, Inc., in 2002.
McCusker & Company is a leader in call center “on-shoring” by creating jobs in the United States for professional phone representatives – both sales and customer service employees. Its call center employees function as “help desk” professionals offering warranty support solutions for a number of large consumer electronics firms. The highly skilled employees at McCusker & Company help manufacturers drive down warranty support and repair costs by offering troubleshooting problems over the phone and eliminating the costs of shipping and repairing damaged items.
McCusker & Company offers a nationwide onsite service team on call that can keep customer machines working while keeping the staff satisfied. The team can also handle upgrades and can be dispatched from multiple points throughout the country.
OCEANIC RESEARCH COM USD0.001 (OTCMKTS:ORRV) will be seeing some changes coming soon. We are not sure how shares will trade for McCusker Holding Corp (OTCMKTS:ORRV), but we do know this is a needed business, and a noble business model bribing jobs back to the US. As the merger finalizes, we will be updating you on important news. For continuing coverage on shares of $ORRV stock, as well as our other breakout stock picks, sign up for our free newsletter today and get our next hot stock pick!