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prolly more FBI undercover agents
May I ask, Whom You Talked To?
I hope you are right, even though you know you are wrong. GL
I spoke with management today and they assured me that they had no knowledge of these guys and what they did was soley on there own, just unfortunate it was with iBOT stock. The company has not had one phone call on this nor will they. In a week it will blow away and back to fundamentals of the company. What a bloody day in the market and a bloody mess the financials are in this country. G-d help us all. I am personally buying at these prices and not suggesting what people do GLTA
http://www.deepcapture.com/a-bad-day-for-criminals-and-the-journalists-who-love-them/
Much reading here.
Very Dismal Day Overall.
This incident has nothing to do with the company. Sounds like thes two guys got nailed on something that they do not just with this company but had to have a history of doing this why else would the SEC be watching them for so long.
Power, Power Power...Is in Every Little Man's Mind.
Now lets grow up here. and see if we all can share on E=Mc Sq.
Oh excuse me. Lol What Link? to this Company?????????
Dow jones news wire pr...you'll need to subscribe to get the link or try and e-mail the reporter. This is an update from the 12th...
07:36:52 Sep 12 2008 DJDAY IBOT IN THE MONEY: FBI Sting Leads To Arrest Of 2 Stock Promoters
By Carol S. Remond
A DOW JONES NEWSWIRES COLUMN
(This article was originally published Thursday)
A Federal Bureau of Investigation sting operation resulted in the arrest of
two Costa Rica-based stock promoters accused of conspiring to commit securities
fraud.
One of the men, Jonathan Curshen, was arrested on Sept. 4 and has been
released on bail. The other, Bruce Grossman, was arrested on Sept. 5 in New
Orleans and remains in jail.
According to a sealed complaint, Curshen and Grossman conspired to bribe
brokers who would enter in arranged transactions through which the men would
sell securities they owned at pre-determined prices.
The complaint, filed in the U.S. district Court for the Southern District of
New York, shows that, unbeknown to them, the men were dealing with an
undercover FBI special agent who purported to represent a group of registered
brokers willing to purchase stock in client accounts over which they had
control.
The FBI used an undercover trading account at a New York City brokerage firm
to purchase stock in Washington-based Industrial Biotechnology Corp. (IBOT) in
pre-arranged transactions with Grossman and Curshen.
Between June 27 and July 2, the FBI spent about $76,000 purchasing Industrial
Biotechnology stock that the two men arranged to sell to purported customers of
stockbrokers working with the undercover FBI agent who arranged the
transactions with Grossman and Curshen.
In exchange, according to the complaint, the defendants wired $19,000 to an
undercover FBI bank account as kickback to the undercover FBI agent and the
brokers for having arranged the transactions.
The wired money came from an account in the name of Sentry Global Securities
Limited in San Jose, Costa Rica.
According to the complaint, Curshen and the undercover FBI agent agreed on
July 22 that the special agent would purchase $2.5 million worth of Industrial
Biotechnology stock over the next three months. Under the deal, the agent would
receive 25% of the proceeds of the amount of stock purchased by the "customers"
of the brokers the agent purported to represent.
According to the complaint, the agent told the men he kept 5% of the bribe
and would distribute 20% to the brokers who kept the payoff secret from their
customers.
Curshen and Grossman were charged by complaint and the government has 30 days
to indict them.
Anthony Lombardino, a lawyer for Curshen, said he is hoping that the matter
can be resolved without an indictment. A lawyer for Grossman couldn't be
reached.
The two men were also charged in a complaint filed by the Securities and
Exchange Commission on Wednesday, also in the Southern District Court of New
York. The SEC is seeking to enjoin Curshen and Grossman from further securities
violations and to have them disgorge their ill gotten gains.
(Carol S. Remond, a special writer on the In The Money team, is an
award-winning columnist who won a Gerald Loeb Award in 2005 for best news
service content with "Exposing Small-Cap fraud," a series of articles that
described how three small companies unscrupulously pumped up their stocks. She
can be reached at 303-997-5783 or by e-mail: carol.remond@dowjones.com)
Click here to go to Dow Jones NewsPlus, a web front page of today's most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/al?rnd=7AfD3edTaX7Vrm0cf1aahA%3D%3D. You can use this
link on the day this article is published and the following day.
(END) Dow Jones Newswires
09-12-08 0736ET
Copyright (c) 2008 Dow Jones & Company, Inc.
07:36 091208
can you please provide the link to this, thanks
its all nursery crymes.
Odd stuff, eyy? A complaint isn't an indictment, 30 days for the latter.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20712 / September 11, 2008
Securities and Exchange Commission v. Bruce Grossman and Jonathan Curshen, Civil Action No. 08 Civ. 7893 (PGG) (S.D.N.Y.)
SEC Charges Two Stock Promoters With Market Manipulation
The Securities and Exchange Commission yesterday charged two stock promoters with engaging in a fraudulent broker bribery scheme designed to manipulate the market for the common stock of Industrial Biotechnology, Corp. ("IBOT").
The complaint, filed yesterday in federal court in Manhattan, alleges that beginning in at least June 2008, Bruce Grossman and Jonathan Curshen engaged in an undisclosed kickback arrangement with an individual who claimed to represent a group of registered representatives with trading discretion over the accounts of wealthy customers. Unbeknownst to Grossman and Curshen, the individual actually was an undercover FBI agent. Grossman and Curshen promised to pay a 25% kickback to the agent and the registered representatives he purported to represent in exchange for the purchase of up to $3 million of IBOT stock through the customers' accounts.
The complaint further alleges that from June 27 to July 2, 2008, Grossman and Curshen instructed the agent to purchase approximately 85,000 shares of IBOT stock for a total of approximately $76,000 through matched trades using detailed instructions concerning the size, price and timing of the purchase orders. Thereafter, Grossman and Curshen paid bribes of almost $19,000 to the agent.
The complaint charges Grossman and Curshen with violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. The Commission seeks permanent injunctive relief, disgorgement of ill-gotten gains, if any, plus pre-judgment interest, civil penalties, and an order prohibiting Defendants from participating in any offering of penny stock.
The Commission acknowledges assistance provided by the U.S. Attorney's Office for the Southern District of New York and the Federal Bureau of Investigation in this matter.
http://www.sec.gov/litigation/complaints/2008/comp20712.pdf
please provide link, cannot find this article
yes i have been from the beginning. My initial thought is to wait and see. I personally don't think the company knew this was going on. Ithink they hired a firm that crossed the line.I know the management and they are taking this new venture seriosly and don't think they would be involved in something like this, iwill try to find out
If you only knew! I see by your postings that you're a big fan of this company_sorry to bust your bubble.
why do you care so badly... did some of that lemonade taste bad?
Ignoring the obvious? What kind of nonsense is this? Oh the Company doesn't know, Its all the nasty promoters? Nothing to do with the real business! The business doesn't know anything!
What bus did you just get off? I'll bet anyone that practically every free trading share of this deal BELONGS to some funky offshore promoter who used to think he was hot $h1T but in fact they just made bail and are likely looking at 3-5 years. Maybe this team of monkeys will turn Left and make Lemon-ade next.
The complaint charges Grossman and Curshen with violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. The Commission seeks permanent injunctive relief, disgorgement of ill-gotten gains, if any, plus pre-judgment interest, civil penalties, and an order prohibiting Defendants from participating in any offering of penny stock. [SEC v. Bruce Grossman and Jonathan Curshen, Civil Action No. 08 Civ. 7893 (PGG) (S.D.N.Y.)] (LR-20712)
As of yet, Has anyone have any proof that IBC had any knowledge of this?
Bailed guys - most of the red at open was me getting rid of the last of my holdings I've had and added to since 2006.
I went down with the ship the last time and was able to get my APS to $3.33. But this new FBI twist has me too nervous. I dont want anything in the pot while I wait to see how it plays out. I am not advising anyone to do anything - only taking a seat on the side lines.. If things pan out I'll get back on the field with a clean slate and lower APS.
Hey, has anyone called the transfer company lately to check on he share status? I used call them before until they were gagged early in 2007. Might be interesting to know if the number of shares has been increasing lately.
Stockseeker, wasnt you here for this when they did a 1/4016 reverse split(stole every ones money), changed the ticker from ibty to ibot (so they can do it again), good luck to you all, youll need it when the dilution starts again.
A few too many co-incidences in this snake pit.I'd trust my gut on this one, IMO its a pure promoters plaything.
I Think that it will depend on what The Company will say about this , and How fast. Also whether they had any Knowledge of this scam.
Who hired them, Why and Lots and lots of other reasons.
But If Ibc..it truly Innocent off any wrong doing? Hummmmm ..... Then In the Long term it is just free press. and Ibc will receive Much attention from people who otherwise will have never hear of them.
But on the other hand, I think, if IBC had perpetrated this...Then I will say I lost it all AGAIN in this company.
I mean for God sakes ..are there any honest People left in the world Today?
What sort term effect will this news have? The decline today happened before the news... so probably people close to insiders..
It Depends What Else was Dug Up. and If The Bad Guy's Sing !
Wow is right...what happens from here?
Like I said ___WOW!!!!
17:10:22 Today DJDAY IBOT UPDATE: IN THE MONEY:Sting Leads To Arrest Of 2 Stk Promoters
By Carol S. Remond
A DOW JONES NEWSWIRES COLUMN
A Federal Bureau of Investigation sting operation resulted in the arrest of
two Costa Rica-based stock promoters accused of conspiring to commit securities
fraud.
One of the men, Jonathan Curshen, was arrested on Sept. 4 and has been
released on bail. The other, Bruce Grossman, was arrested on Sept. 5 in New
Orleans and remains in jail.
According to a sealed complaint, Curshen and Grossman conspired to bribe
brokers who would enter in arranged transactions through which the men would
sell securities they owned at pre-determined prices.
The complaint, filed in the U.S. district Court for the Southern District of
New York, shows that, unbeknown to them, the men were dealing with an
undercover FBI special agent who purported to represent a group of registered
brokers willing to purchase stock in client accounts over which they had
control.
The FBI used an undercover trading account at a New York City brokerage firm
to purchase stock in Washington-based Industrial Biotechnology Corp. (IBOT) in
pre-arranged transactions with Grossman and Curshen.
Between June 27 and July 2, the FBI spent about $76,000 purchasing Industrial
Biotechnology stock that the two men arranged to sell to purported customers of
stockbrokers working with the undercover FBI agent who arranged the
transactions with Grossman and Curshen.
In exchange, according to the complaint, the defendants wired $19,000 to an
undercover FBI bank account as kickback to the undercover FBI agent and the
brokers for having arranged the transactions.
The wired money came from an account in the name of Sentry Global Securities
Limited in San Jose, Costa Rica.
According to the complaint, Curshen and the undercover FBI agent agreed on
July 22 that the special agent would purchase $2.5 million worth of Industrial
Biotechnology stock over the next three months. Under the deal, the agent would
receive 25% of the proceeds of the amount of stock purchased by the "customers"
of the brokers the agent purported to represent.
According to the complaint, the agent told the men he kept 5% of the bribe
and would distribute 20% to the brokers who kept the payoff secret from their
customers.
Curshen and Grossman were charged by complaint and the government has 30 days
to indict them.
Anthony Lombardino, a lawyer for Curshen, said he is hoping that the matter
can be resolved without an indictment. A lawyer for Grossman couldn't be
reached.
The two men were also charged in a complaint filed by the Securities and
Exchange Commission on Wednesday, also in the Southern District Court of New
York. The SEC is seeking to enjoin Curshen and Grossman from further securities
violations and to have them disgorge their ill gotten gains.
(Carol S. Remond, a special writer on the In The Money team, is an
award-winning columnist who won a Gerald Loeb Award in 2005 for best news
service content with "Exposing Small-Cap fraud," a series of articles that
described how three small companies unscrupulously pumped up their stocks. She
can be reached at 303-997-5783 or by e-mail: carol.remond@dowjones.com)
Click here to go to Dow Jones NewsPlus, a web front page of today's most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/al?rnd=k1orKoaSg%2BXnzoOHC7KZ7g%3D%3D. You can use
this link on the day this article is published and the following day.
(END) Dow Jones Newswires
09-11-08 1710ET
Copyright (c) 2008 Dow Jones & Company, Inc.
17:10 091108
unfortunately sometimes companies have to get the word out to investors in form of advertising, but it will only be a matter of time before the company will be well known. That is why i keep saying buy a few thousand shares and hold. You don't have to load the boat.
What I am trying to say is , where is the profit for investors here?
It seems to me with all the hands in the Pie? Where is the slice for Me?
Why should I invest here?
When It looks to me like , All the Rise in PPS... will be paying High Advertisers, Already rich CEO To fund new Venture Speculation...
I need to know how My Money will grow here, Not just some Money tree on there Site that say share holder Value... (The money Tree)
I am also saying With Today's drop from $1.26 at the open to $.98 With a relative LOW VOLUME I mean to say ??? ASK My self,do I really wanna Invest here? AGAIN !
Not Bad I just received the same info 2 min ago in My trading account New,s
But with what was said at the bottom of the PR that on Tuesday 09/09/2008 8:30 AM ET - Market Wire
At the bottom? said Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Industrial Biotechnology Corporation: $5000 per month for green investor showcase program #1. Additional compensation -- 150,000 144 shares over 12 month period issued quarterly. www.InvestorIdeas.com/About/Disclaimer.asp
Investor Info and Regulation for Pinks Sheets:
and this was just Market wire...
Industrial Biotechnology Corp. (IBOT) Leverages Platform as Brazilian Ethanol Industry Eyes Expansio
http://www.beaconequity.com/index.php?option=com_content&task=view&id=1533&Itemid=27
Take a look at the volume on the IBOT chart below and notice the uptrend we had last time that this happened. Still watching this one close!!!!
Nice chart 4God IBOT looking to run again imo!!!! Good luck all.
Great last two posts. Interest is certainly gearing up again and maybe the public is starting to realize the great potential of this company. We need a few strong volume days and set a base then take it to the next level
I have IBOT on my MMM alert (sent out weekly from the mods on the T/A board)
IBOT
9/8 vol = 226,538 / $ vol = 277,824 / 135 trades
9/5 vol = 14,361 / $vol = 17,214 / 15 trades
Today was a great day for IBOT - lots of new money flowing into the stock. We played this one during the last run and had great results. As you can see from the chart it has based and is ready to run again.
CHART:
Even though the stock closed down on the day, it made a new intraday high of $1.25 on huge volume. The stock looks like it wants to find new support at $1.20 (the previous resistance). We also got an EXTREMEY BULLISH indicator called the "golden-cross". This is where the 50 day moving average crosses back above the 200 day moving average. This bodes very well for IBOT shares inthe longer-term. Today was a gift. Huge buying opportunity. May be up big before the end of the week!!
well seems to be right on to me. got to get the word out somehow. works for me. that is all i have been saying accumilate few thousand shares at a time and hold for the long term
I just recieved this email frome Beacon Equity.
Several weeks ago we released IBOT for the first time to our members at just over $1.00, and it is now pushing past the $1.20 level. While this may not sound like a staggering return, ask any trader out there if they made 20% in the past month and most likely they will tell you "NO". As we all know, most of the market has been a sinking ship lately. We think traders would do well to follow strength right now and we have definitely seen that in IBOT. It has been slowly trending up in a down market and looks like it could break past a key level. Go look at a two month chart on IBOT stock, and we think you'll agree it simply looks primed to breakout higher from here.
The global movement to go green, which started as a trendy lifestyle, has gained momentum as the energy sector turns to cleaner sources to fuel demand. The price of petroleum-based products has surged due to the rapid industrialization of India and China, which are consuming oil at incredible rates.
At the end of the tunnel, ethanol has emerged as a leading sustainable fuel source; in the fight between corn-based and sugarcane-based ethanol, the scale often tips toward the latter. Sugarcane generates a high yield of energy, is easy to grow, easy to process and is more environmentally friendly than its counterpart. Sugarcane yields nearly seven times more than corn and can convert up to 2% of incoming solar energy into biomass. Our latest pick - Industrial Biotechnology (IBOT) - is currently capitalizing on the explosive growth in the sugar-cane-based ethanol industry through its solid business model and outstanding management team. We feel the stage is set for it to grow its earnings and market share in the near future. Here are just a few reasons why
Through its subsidiary, Renewable Chemicals Corp., IBOT produces chemicals from sugarcane that can be utilized to create products applicable to consumer packaging, energy, agricultural pesticides, materials and polymer industries.
This same subsidiary imports and distributes sugarcane ethanol in Brazil which is known for bountiful sugarcane supply and for being the second-largest acreage for sugarcane production in the world. Brazil also ranks No. 1 as the world's largest exporter.
Through IBOT's partnership with sugarcane processor Cosan SA, it will provide IBOT subsidiaries with ethanol. The company operates 17 mills, two refineries, two port facilities and various warehouses scattered throughout the Center-South region of Brazil.
IBOT plans to import and distribute ethanol in the United States; begin manufacturing ethanol-based chemicals for consumer packaging in 2010-2011; and will deepen its footprint in the ethanol market and develop more ethanol-based chemicals in 2012.
While currently trading at about $1.20, our team feels the stock is extremely attractive at current levels. We also note the following technically bullish characteristics:
A large bullish ascending triangle has formed in the price of the stock. Technicians often suggest that the larger the price pattern, the larger the move at the breakout.
The stock is trading above its 13, 50 and 200 day moving averages with the 13 and 50 day moving averages pointing higher.
Within the past several weeks, the stock has seen explosive upside upside volume followed by a very low volume consolidation. We feel this consolidation is setting the stage for another upside breakout.
Finally, the stochastics is in an uptrend, but has not reached extreme overbought conditions and the MACD is trading above the zero line (bullish) with the momentum histogram poised to move higher.
Don't miss out on this unbelievable opportunity to profit from one of the fastest growing segments of the energy sectorsugarcane-based ethanol and in a company that is poised to be a true market leader - Industrial Biotechnology (IBOT). Watch this one closely on Monday for the best time to take advantage of the move.
news@beaconequityresearch.com • Beacon Equity Research
I keep saying this company is a sleeping giant, it is putting all the pieces together and getting the recognition. It just a matter of time before this stock takes off. A great situation to buy a few thousand shares and hold.
Maybe a jump tomorrow with this late news?
To view the complete copyrighted article, go to the ‘In the News’ section of the Industrial Biotechnology Corporation website - IBC In the News
Industrial Biotechnology Corporation Featured in Packaging Strategies Article Titled 'The Future of Plastics Packaging Resins'
MACD line about to cross positive again which means higher PPS. I hope more people find this stock, tired of talking to myslelf as my good friend tells me i do
Pompano if i am talking to myself then you would not have responded regardless. I don't care if i am talking to myself as you say. I will continue to talk about this company and wait for others to discover it and take it serious. This company will make great strides and develop into a great company.
Your talking to yourself.
good day up .06 with volume increasing a little, just a matter of time folks, will be patient
people do not realize how important this PR is. Another example of how this company is setting up alliance and being recognized in the industry. Volume keeps picking with interest and accumilation. My prediction is a $5 stock by Jan 2009. They are so in the right place right time and the right industry GLTA
This Just Out also a few Min's Ago.
I hope he does some good here.
Industrial Biotechnology Corporation Announces VP of Investor and Public Relations
“Company Highlighted in BIOMASS Magazine”
Industrial Biotechnology Corporation (IBC) (Pink Sheets:IBOT), is pleased to announce the appointment of Craig McClure as VP of Investor and Public Relations. Mr. McClure has over 20 years in the investment services industry working as a licensed professional with companies such as Wachovia Securities, Aegon NV and LaSalle St. Securities.
“I am very pleased to join Industrial Biotechnology Corporation. Economic conditions, environmental concerns and the efficient use of the planet's food resources have placed sugar cane based ethanol at the forefront of efficient petroleum alternatives. Our current coverage in BIOMASS Magazine is indicative of the Industry interest we are receiving. Eco-efficient sugarcane ethanol used as both a petrochemical and fuel alternative makes the most sense economically and for the environment,“ said Craig McClure, IBC VP of Investor and Public Relations.
BIOMASS Magazine is produced by BBI Media, the world leader in biofuels/biomass industry publishing. They also publish Ethanol Producer Magazine and Biodiesel Magazine as well as offering an ever expanding line of online services. A copy of the article can be viewed here: BIOMASS Magazine September, 2008.
August 26, 2008 - 3:43 PM EDT
IBOT 1.10
Industrial Biotechnology Corporation and the Plastics Exchange Announce Strategic Partnership
Industrial Biotechnology Corporation, (IBC) (Pink Sheets:IBOT) has formed a strategic partnership with North America’s leading spot plastic resin market, The Plastics Exchange. IBC’s subsidiary, Renewable Chemicals Corporation (RCC) will utilize the expertise of The Plastics Exchange in financial modeling, business development and commodity hedging for sugarcane based ethanol chemicals as an alternative to petroleum.
Michael Greenberg, CEO of The Plastics Exchange, said, “I see a very large market developing for renewable plastics and packaging. With the green movement gaining momentum, more and more companies are embracing an environmentally friendly solution. The Plastics Exchange is committed to help develop market awareness and sell the much anticipated Polyethylene resin produced with sugar-based ethanol feedstock pioneered by Industrial Biotechnology Corporation.”
“The Plastics Exchange is a great supply chain resource partner for IBC for evaluating, assessing and delivering renewable chemicals using real time data and pricing from the petrochemical and packaging industries,” says IBC CEO Andy Badolato. “The Plastics Exchange brings accurate and in-depth insight to our strategic and financial business modeling that will increase shareholder value and our competitive advantage.”
The Plastics Exchange is a real-time marketplace for anonymously buying and selling domestic and international commodity grade resin (HDPE, LDPE, LLDPE, GPPS, HIPS, HoPP, CoPP). Through trading relationships with a large network of major producers, distributors, traders and brokers, they have access to a wide spectrum of spot and warehoused plastic resin offerings. The Plastics Exchange acts as a clearinghouse to complete trades and acts as principals to handle the credit and logistics. They assure the integrity of the market by guaranteeing the product quality, delivery and payment of every transaction. The Plastics Exchange also provides in-depth research and news coverage of the resin marketplace. www.theplasticsexchange.com
Industrial Biotechnology Corporation (IBC) provides products, services and technologies using renewable resources as an alternative to petroleum and traditional manufacturing methods. IBC production processes are eco-efficient and apply and adhere to sustainable practices and standards. IBC accomplishes this with the ALCHEMx Production Platforms™, which integrates technologies, sustainable manufacturing and distribution with supply chain partners to meet customer needs and pricing requirements. IBC utilizes sugarcane based ethanol, which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels.
Forward-Looking Statements
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Exchange Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties, including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Industrial Biotechnology Corporation, Sarasota
Craig McClure, Investor Relations, 941-925-2500 X 3084
ir@industrialbiotechnology.com
Source: Business Wire (August 26, 2008 - 3:43 PM EDT)
News by QuoteMedia
Link did not work for me. continued consolidation happening a little more volume today...
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Trading Symbol: RNWB
The Renewable Corporation
Our Mission: to offer the highest quality of products and services in our industry while maintaining profitability and customer retention levels of 90% or more.
The Renewable Corporation (TRC, trading symbol RNWB) was established in 2004, adopted its present name in 2008, and is based in Lake Park, Florida. The company develops and supplies products, services, and technologies that use efficient, renewable resources. TRC management knows there is significant interest in clean, green, and lean methods that offer superlative quality at a cost that is a reasonable alternative to traditional choices, and will have a less hazardous impact on the environment and human health.
The Renewable Corporation family of companies integrates sustainable manufacturing and distribution with cutting edge research and proprietary technology to provide the most advanced line of products and services available.
TRC management actively seeks out partner companies and individuals that are engaged in similar, forward leaning efforts. The company encourages creative synthesis and the inspired application of ideas in unexpected places. Discovering new solutions to existing and anticipated problems is the corporation’s primary goal. The Renewable Corporation portfolio already contains multiple patents and patented products. One of which is a coating system through provided Ecosmart Surfaces & Coating Technologies that completely seals in asbestos surfaces - encapsulating all hazardous materials in the process.
Continued support for national manufacturing and small business is also at the heart of The Renewable Corporation charter. TRC management believes that innovative individuals and businesses will invigorate our economy and drive sustained growth into the future as the knowledge continues to evolve. TRC management believes that our products, processes, and services will create many jobs, both at the individual and corporate level.
The Renewable Corporation management has assembled an exceptional leadership team to establish the company’s position at the forefront of environmentally friendly business, and to guide its efforts. Their expertise includes new business development and financing, international sales and marketing, industrial renovation, molecular biochemistry, and biotechnology.
SUBSIDIARIES
Ecosmart Surfaces & Coatings Technologies: Surfaces Division
Ecosmart surfaces has a customized, extremely durable flooring system that is applied with a patented process. With this system, a completely different looking floor can be applied over most existing hard flooring surfaces. They can replicate the appearance of a variety of traditional substances, such as wood and stone, using an environmentally friendly technique, and can include decorative elements such as a logos or other inlaid artwork sealed into the polymer finish coating. The durability, cleanliness, and other benefits make it suitable for virtually any location, including hospitals, and the installation process requires very little in the way of preparation. Existing flooring need not be removed, and it is not necessary to leave the premises during the application.
Ecosmart Surfaces & Coatings Technologies: Coatings Division
The coating subsidiary manufactures and distributes Nano-technology glass coatings applicable to virtually every industry for corrosion protection, self-cleaning, self sterilization, slip resistance, chemical resistance, anti-graffiti, energy and cosmetic improvement. The coatings can be used on virtually any surface thereby creating the properties of a glass surface, no matter what is coated. So, graffiti can be cleaned off a church mural because the surface being cleaned is glass and not paint. Likewise, mold cannot attach to a coated surface as there are no nutrients or voids to provide adherence. The coatings are particularly suited for the flooring, automotive, marine, medical, home, and industrial applications. With current economic conditions, Ecosmart coatings provide a significant value added for restoration and longevity.
Renewable BioScience Technologies
The BioScience subsidiary has revolutionary technology in skin protection from the sun, industrial UV sources (such as welding), and reducing collateral damage from medical radiation treatment. The patented technology strips out the four nucleotide code molecules from DNA strands and uses them in a system that can provide 99.9% protection from DNA damage, which is the cause of aging and skin cancer. A second technology is a delivery system to not only house the nucleotides, but also, a hydration agent that is time released to infuse uniform hydration into the skin for up to 10 hours. The near perfect hydration level off loads the skin’s repair mechanisms, freeing them to work on repairing other imperfections, resulting in significant anti-aging and rejuvenation benefits. The resulting products are a DNA based SPF-30 day cream; an anti-aging and rejuvenating night cream featuring the hydration system, Chinese herbs, and aloe; a medical radiation protection and healing cream for use by dermatologists in radiation therapy for skin cancer; a rejuvenating DNA protection cream for the tanning bed industry for DNA damage protection.
E³ “Cubed”Corporation
The E³ “Cubed” Corporation is an interactive, online, direct sales organization that trains merchant representatives; consolidates and provides green industry information and recommendations; evaluates, selects and sells premium products and services; and offers assistance with related government rebate and incentive programs. Proprietary technology was used to create an innovative portal to provide access to goods and services across the spectrum of efficient energy and resource use in an accessible and credible format.
Renewable Technology Holdings, Inc.
The Renewable Corporation owns and uses a considerable amount of intellectual property. Several distinct creations with exclusive rights are incorporated into the company’s products and processes. All the patents and other proprietary material are maintained in this holding company, thereby reducing any attendant risk to the other subsidiaries and the parent company.
Summary
EcoSmart Surface Technologies to Provide Flooring for VA Medical Centers and Military Facilities
The Renewable Corporation Acquires Assets and Patents of SMT Manufacturing, Inc.
Renewable Signs Term Sheet with Dr. Yin-Xiong Li for Exclusive Licensing Agreement
The Renewable Corporation has appointed Gary R. Smith President, CEO and Director
The Renewable Corporation acquires Assets and Patents of SMT Manufacturing, Inc.
The Renewable Corporation Appoints New Directors and Officers
Gerald C. Parker, Chairman of The Board
Gerald C. Parker is the Chairman of The Board of The Renewable Corporation. He has more than 30 years of experience in the development, funding, and management of successful companies and is a well-known Internet visionary. Mr. Parker helped found a number of companies, including Credit Information Systems, which was sold to Equifax in 1986, Florida Gulf Capital, St. James Capital and Inktomi Corporation, a company that obtained a $24 billion public market valuation.
Gary R. Smith, President and CEO
Mr. Smith is a corporate leader, manager, and consultant with extensive business experience in top management positions and more than three decades of operational experience as manager and CEO for leading automotive and auto finance organizations.
He was President and CEO of First Choice Auto Finance and the Florida Finance Group in St. Petersburg, Florida for 20 years, and he spent another 7 years as President and CEO of Smart Choice Automotive Group, with over 3,000 employees, 5 divisions, and 30 locations statewide, including Eckler Corvette Industries.
Mr. Smith was also President and CEO of Long Island Gaming, LLC in Freeport and Bay Shore, New York for 4 years. In 1991, at the age of 38, he was the youngest ever to be selected as The National Quality Dealer by the National Independent Automobile Dealers Association. Mr. Smith also served as President of the Florida Automobile Dealers’ Association in 1994.
Manpreet Singh, Chief Financial Officer
Mr. Manpreet Singh began his career after he earned a BS in Accounting from Arizona State University, W.P. Carey School of Business. Upon his graduation from Arizona State, Mr. Singh worked in the mining and metals industry for several years, which is where he gained valuable experience and knowledge in the fields of public company accounting and SEC reporting. His experiences also include holding the key position of Financial Controller in the healthcare and consumer financial world and later moved on to become the leading professional working as the CFO and Principal of Long Island Casino, Inc.
Mr. Singh is also a co-founder of Merchant National Processing, LLC and Payscout, LTD. He brings to the team of merchant service professionals, his ability to apply tenacious improvements and develop new technologies, procedures and policies to maximize on the success of Merchant National and the variety of merchant services that are offered through the company.
Gary D. Alexander, Corporate Secretary
Mr. Alexander has extensive experience initiating public and private offerings for small companies. His expertise includes professional accounting services with “go-public” transactions, private placement syndications, and mergers and acquisitions. He has led and participated in projects in a variety of industries, including internet services, telephone and VoIP services, children’s media, aviation, commercial and residential real estate, restaurants, the petroleum industry, medical practices and facilities, as well as entertainment and music.
1313 S. Killian Drive • Lake Park • FL 33406
545 8th Avenue, Suite 401 • New York • NY 10018
office. (561) 328-6488
fax. (561) 328-6739
Trading Symbol: RNWB
For information on becoming an investor for Ecosmart Surface Technologies, contact Gary D. Alexander.
Phone: (772) 380-4320
Email: IR@therenewcorp.com
Gary D. Alexander
Gary D. Alexander brings more than 30 years of experience in the accounting and investment field. Mr. Alexander has extensive knowledge initiating public and private offerings for small companies. His experience includes professional accounting services with “go-public” transactions, private placements syndications along with mergers and acquisitions. In addition, Mr. Alexander has a vast experience in forensic and reconstructive accounting and litigation matters appearing with council at “Mediation” and/or with a “Special Master” representing NASD Broker Dealers as an auditor and consultant. He has led and participated various projects some which include but not limited to the petroleum industry, internet services, telephone and VoIP industries, medical facilities as well as the entertainment and music industries.
Mr. Alexander holds a Bachelor of Business Administration (Accounting) degree from Florida Atlantic University, Boca Raton, Florida. Throughout his career, he has served as a member and chair of various charitable organizations working in his community in an effort to help provide services to those members less fortunate.
Market Value1 | $35,551,366 | a/o Jun 04, 2013 |
Shares Outstanding | 209,125,682 | a/o Mar 31, 2013 |
Float | 46,258,546 | a/o Mar 31, 2013 |
Authorized Shares | 250,000,000 | a/o Mar 31, 2013 |
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