Australian Rain Corporation - who are its mysterious shareholders ...

Recipient of former Minister Turnbull's pre-election $10 million grant largesse.

See - Rain gift flushed away.

Who are the mysterious so-called 'Swiss shareholders' of Australian Rain Corporation?

If this deal was all above board, why can't the shareholders be revealed?

Doesn't the Australian taxpayer who provided the funding deserve to know exactly who is behind Australian Rain Corporation?

Why the secrecy?

Extract from ASIC records:

Name - AUSTRALIAN RAIN CORPORATION PTY LIMITED
ACN - 125 137 939
ABN - 95 125 137 939

Type - Australian Proprietary Company, Limited By Shares
Registration Date - 30/04/2007
Next Review Date - 30/04/2008
Status - Registered
Locality of Registered Office - Sydney NSW 2000

Date Description
18/12/2007 Change to Company Details Change Member Name or Address
30/04/2007 Application For Registration as a Proprietary Company

The website for Australian Rain Corporation provides scant detail:

Our Products and Services
are available on personal
request only.

Please contact:

Australian Rain Corporation
Pier 8/9 - 23 Hickson Road
Millers Point, Sydney NSW
2000 AUSTRALIA

info@australian-rain.com

Why the secrecy?

Excerpt from 7.30 Report:

Turnbull under fire for $10m water deal

19 November 2007

GREG HOY: Electrification of the ionosphere to create clouds out of thin air. Certainly sounds a lot like the secret Australian rain device - no photographs allowed - that so excited the Minister and those who will share his six-month $10 million research funding.

All for a company the minister says is Australian owned, though we found it's actually 75 per cent Swiss owned. Our requests for interviews with Malcolm Turnbull, the head of the Australian Rain Corporation, the head of the centre contracted to test the device were declined.

So, too, the head of the National Water Commission, which insisted on a presentation of the technology for local physicists.

The rain corporation presented research documents written in Russian explained by a Russian researcher who spoke to local experts in Russian.

See - 7.30 Report - the mysterious Australian Rain Corporation.

Why the secrecy ...