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Last $0.0014 USD
Change Today 0.00 / 0.00%
Volume 290.0
VCTL On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

rainmaker systems inc (VCTL) Snapshot

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Day High
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52 Week High
03/18/15 - $0.09
52 Week Low
07/24/15 - $0.0010
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for RAINMAKER SYSTEMS INC (VCTL)

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rainmaker systems inc (VCTL) Details

Rainmaker Systems, Inc. provides B2B small and medium-sized business sales and service solutions. It develops Rainmaker Revenue Delivery Platform, an integrated solution that combines specialized sales and marketing services coupled with its proprietary, renewals software, and business analytics. The company’s services include marketing strategy development, personalized renewals or subscription e-commerce and microsite creation and hosting, inbound and outbound e-mail, direct mail, chat, and global call center services. It also offers ViewCentral SaaS platform that provides an end-to-end solution for the management and delivery of training and certification programs for corporations. The company markets its products and services through a direct sales force to enterprises in hardware, software, software as a service, and telecommunications industries. Rainmaker Systems, Inc. was founded in 1991 and is headquartered in Campbell, California.

150 Employees
Last Reported Date: 04/1/14
Founded in 1991

rainmaker systems inc (VCTL) Top Compensated Officers

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rainmaker systems inc (VCTL) Key Developments

Rainmaker Systems Inc. Files Form 15

Rainmaker Systems Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.001 per share.

Rainmaker Systems, Inc. Receives Notice of Default from Investors Holding $2,225,000 of the Outstanding Principal Amount of the Company's Secured Convertible Promissory Notes and $1,112,500

On June 29, 2015, Rainmaker Systems Inc. received a notice of default from investors holding $2,225,000 of the outstanding principal amount of the Company's secured convertible promissory notes and $1,112,500 of the outstanding principal amount of the company's supplemental secured promissory notes. The notice of default stated that an event of default had occurred under the Convertible Notes and Supplemental Notes as a result of the Company's failure to make a required payment on indebtedness in excess of $100,000 to Banc of America Leasing & Capital, LLC, and declared all principal and accrued interest outstanding under the Convertible Notes and Supplemental Notes held by the Majority Investors to be immediately due and payable. On June 29, 2015, the Company received a notification of disposition of collateral from the collateral agent for the holders of the Convertible Notes and Supplemental Notes notifying the Company that a foreclosure sale of all or substantially all of the Company's assets would take place on July 14, 2015. If the Majority Investors and collateral agent elect to proceed with the foreclosure sale of the Company's assets, upon completion of such sale the Company would no longer be able to continue as a going concern and would immediately cease operations.

Genesys Systems Renews Contract for ViewCentral's Learning Management System

Rainmaker Systems Inc. has announced that Genesys Systems has renewed its contract for the ViewCentral learning management system to help manage its global customer and partner training program.


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