Here is the problem: RENU continues to pursue it's business plan and also to increase it's business ventures, but what happens when new business is approached? They do their Due Diligence, and by and large, that means internet research, and what do they find? Yep, the smear campaign.
So, what is Nemes and company practically forced to do, in order to not only grow the business, but maintain it? They have to put out an offensive front against the smear and against any and all involved. Not only that, but we all know that the internet is forever. Anything that has been posted publicly can be found by anyone with even rudimentary computer skills. So, even winning this Federal case, will not remove all of the garbage that has been posted. (See the Order executing the subpoenas- that was one of the big arguments in getting the Order passed).
It's pretty clear that business has continued, although hampered, as seen in the latest fins. Also, if one does some basic Google searches, and has a good recollection of RENU history, that some deals have possibly been struck. Why not announced/PR'd? I don't know- maybe it's timing on the Federal case, maybe the deal isn't solidified yet, I'm not sure. But, as always, I'm not going to be the one to publicly announce any of it, until we have confirmation, and that confirmation via a company issued announcement.
I would love to see the "smear thing" in the distant past, and business as usual progressing, but I do not believe that we are far enough removed or insulated from it yet.
JMO, and I would definitely like to be in a different set of circumstances, but understanding the scope of what has transpired, and the ramifications of same, I'm willing to sit and wait for some more developments in the Federal case.
Best.
