Malachite Innovations, Inc.
MLCT
Other OTC0.20
USD
+0.01
- -
CIK
0001438943
ISIN
US56089M1071
CUSIP
56089M107
Return %
Stock
S&P500
1Y
2.63
26.53
3Y
242.11
76.60
5Y
-66.95
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael R. Cavanaugh CPA,
- Full Time Employees
- 74
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 200 Park Avenue Cleveland OH United States of America 44122
- IPO Date
- Mar 27, 2012
- CIK
- 0001438943
- Website
- malachiteinnovations.com
- Similar Companies
- Business
- Malachite Innovations, Inc. (OTC: MLCT) operates as a holding company dedicated to improving health, wellness, and environmental sustainability through impact investing and operating businesses focused on economically disadvantaged communities, particularly in Appalachia; its core subsidiaries include Range Environmental Resources and Range Natural Resources, which provide environmental reclamation, natural resource management, and eco-friendly services to active and former mine sites; Range Security delivers technology-driven security solutions for large-scale mine properties; and Catalyst Land Ventures, LLC acquires, rehabilitates, and repurposes underutilized former mine land to foster economic revitalization. The company, formerly Vitality Biopharma Inc. and briefly Range Impact, Inc., maintains headquarters in Cleveland, Ohio, with primary operations across the Appalachian region of the United States. In recent developments, Malachite completes a $1.0 million capital raise in September 2023 from Indemnity National Insurance Company to fund its initial acquisition of approximately 1,600 acres of former mine land in Lincoln County, West Virginia through Catalyst Land Ventures; launches Range Security in late 2022 as a complementary eco-friendly security service reducing carbon emissions at mine sites; executes a $3.0 million raise in May 2022 from strategic investors including Indemnity National to support acquisitions like Range Environmental and Range Natural Resources; engages an investment banking firm in December 2023 to advance a strategic plan for its Graphium Biosciences subsidiary, potentially spinning it off as a private cannabinoid drug development entity; and expands its senior leadership team multiple times in 2022 and 2023 to bolster growth in environmental services and impact initiatives.
Malachite Innovations Changes its Name to Range Impact and Adopts New Ticker Symbol “RNGE”
Malachite Innovations Retains Investment Banking Firm to Assist in Implementation of Strategic Plan for Cannabinoid Drug Development Business
MALACHITE INNOVATIONS ANNOUNCES CLOSING OF $1.0 MILLION CAPITAL RAISE TO FUND FIRST ACQUISITION OF FORMER MINE LAND
MALACHITE INNOVATIONS ANNOUNCES CLOSING THE ACQUISITION OF ITS THIRD RECLAMATION BUSINESS IN WEST VIRGINIA
MALACHITE INNOVATIONS REPORTS SECOND QUARTER 2023 RESULTS