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1. When is Sacred Biosciences going to release the nootropic product?
The nootropic product that uses all-natural and ancient ingredients has been getting some amazing testimonials when tested by friends and family. We expect to release this in the coming month, due to some delays with IP patent work. We can’t wait to share the testimonials and details with our shareholders but need the legal work to be completed before we can do that.
2. What can we expect regarding business performance for 2021 and 2022?
After evaluation of the business plans for the remainder of 2021, we expect ramping up of revenues in the majority of our businesses in Q4, we also expect that the product launch from Sacred Biosciences will help with the revenue numbers in Q4 of 2021.
Sunshine Hemp is currently working with government and private partners to set up a state-of-the-art “cottonizing” hemp fiber technology processing facility in North Florida which will have a positive economic and financial impact on both Florida’s economy and Sunshine Hemp’s business growth. As one of the state’s authorized hemp genetics research and commercialization partners, the decision to invest heavily in organic hemp cultivation and innovative hemp fiber technology will help create new markets for these products. This “Hemp Fiber Innovation Project” will help provide a much-needed alternative agricultural industry for the devastated timber industry in this region.
The remainder of the year will be spent in setting up the infrastructure for this hemp innovation project using state-of-the-art hemp fiber “cottonizing” processing equipment commercially tested in Europe. Sunshine Hemp will be the first in the US to utilize this processing technology. We’ll start seeing the financial impact in early 2022 and incredible growth thereafter. With the US CBD market getting saturated, this focus on high-quality hemp fiber production will open and address whole new industries, and unmet demand i.e., US-made hemp textiles. Additionally, by-products like hempcrete blocks, animal bedding, hemp seed oil for cosmetics, protein powder, infant formula, etc. are going to produce added revenue for Sunshine Hemp.
This plan also incorporates some other non-financial but ESG objectives like agricultural sustainability, carbon sequestration, organic production practices while providing economic partnership opportunities for farmers throughout the region, Sunshine Hemp has developed supply chain demand for US-grown organic hemp fiber and products. The Regional Hemp Innovation Project will be partially supported by investments from Federal and State grants. The resulting revenue numbers for 2022 and beyond will help RNWF growth acceleration and expansion. The projected revenue numbers are very promising. The plan is currently in NDA status, I can’t wait to share it as soon as we are able to.
3. What is happening with the acquisitions?
We announced the completed asset acquisitions on August 4. The attached chart shows the companies and information about what they do. Our leadership team and lawyers have been busy finishing all the legal work required to incorporate the asset purchases from these companies, so they are structured to work as the subsidiaries or divisions of RNWF as appropriate.
The leadership of each of these companies is working on a deep dive to understand the businesses, challenges, growth opportunities, and overlaps to streamline and make them work together efficiently.
4. What is happening to grow the business?
In addition to streamlining the business processes, I have been meeting with new investors, talking with other companies for possible JV, looking at marketing channels for our new products, and generating potential new business for RNWF & its subsidiaries.
5. What is happening with GRNF to RNWF share swap?
The share swap survey ended on August 31, but we accepted surveys through the second week of September, as people were getting things in order. We got swap requests for about 10M free trading and 10M restricted shares to be converted from GRNF to RNWF. We are working with the Securities Attorney and CPA to ensure that everything is done within the legal bounds and putting together a process that we expect will go smoothly. We will send emails to people who applied, to get any additional information and actions to complete the process.
6. Why did it take so long to clean up the profile in OTC?
With OTC inundated to make their Sept 28th deadline, and some additional forms and processes, it took time to get our OTC listing in sync with the changes, but we are finally listed correctly.
7. What corporate actions can we expect?
Once all the businesses are streamlined, we will be taking some corporate actions, like name & ticker change. Getting out of shell status is at the discretion of OTC, although we now have active businesses and revenue, we need to wait for them to remove the shell designation. We have indicated the removal of that designation in our filings. As we become eligible, we plan to move up the exchange.
questions answered: https://renewalholding.com/rnwf-shareholder-q-a/
Cool story. Let us know when he is convicted.
Buy as much as you can afford. Costello needs both kinds of protection when he goes to jail. He’ll enjoy getting passed around for the price of a cigarette and will most likely find he always will have that “full” feeling. This of course is likely to go away after a few days but Costello will find he will have many “friends” and be the center of attention of most folks that are sharing inside the prison walls with him.
Nothing but the best for Costello, 24/7/365.
When he is finally released, I’ll bet he will no longer have a need for Katrina
RNWF COSTELLO SCAM
I wish I could. Pennyland soon.
Go ahead, keep buying. Buy as much as you can. Constello needs a new haircut.
+12.96% HAHAHAHAHAHAHAHAHAHA
Still isn't much of proof just screaming this guy is a scammer because you bought way too high on the other plays
Ok so how come I have only been making money here and have not lost a penny and it still is creeping north
Still here watching everyone get scammed.
Proof: Justin Costello is still the owner and controls it. That is all the proof needed.
CONSTELLO IS A SCAMMER
Scam moving north. Hurry up sell out before you lose ALL your money!
Back this up with proof this ticker is a scam I'll wait
Where did the "Costello Scam!!!" people go?
It has the yield sign. Who knows maybe the shell can be sold for a reverse merger for another company.
SEND YOUR $$ TO NIGERIA INSTEAD, LESS SCAMMY
GRNF trading at .015??? And all it's holdings transferred to RNWF which is trading at .005?
Today is Sept 27, 2021 and Justin Constello and Alka are the biggest scammers in the OTC to date. RNWF is a SCAM
Next time wait for the close?
Please buy as much as you can. Take out loans, a second mortgage, and run up credit cards to the max to get as many RNWF shares as you can. While you're at it, buy as much HPST & GRNF shares as you can. JC needs as much money as he can get his hands on for his defense lawyers.
This is a great tax write-off strategy when losses are accounted for. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
These worthless posts just make me want to buy more. Go RNWF!!!
The only thing that is blowing up from RNWF is JC’s wallet because people still don’t believe this is a scam and he is getting richer. The look you’ll see is me laughing watching him pull the same stunt he did with GRNF & HPST.
It will be funny watching your faces when this thing blows up. Anyday now.
Everything takes time. I think RNWF will have some good updates on or right after the next quarterly report coming up.
They have been pretty quiet for the most part. This is a good thing in that they are not accidentally giving false or unrealistic expectations to investors again. When that happens it causes a really good business plan to fall apart.
It has been inching up since mid-August. A pop is coming, the 'Costello scam' card has been exhausted.
going up one day buy and wait They buy 6 company...
.00565. Yup, on the move down !
On the move again. .0075
RNWF IS A COSTELLO SCAM
Well truthfully the sticky here needs to be updated again. A lot has happened since I updated it last.
RNWF is still an up and coming company with a lot of potential ahead.
sounds like an awesome oppty! tommorrow at open the first 10 mil share buy will be mine!
I can't wait...all the conmen. To go down
Have the indictments come out yet ? If not, what is the holdup ?
RNWF
He is the wus of wusses..i spit on him
Yes....they did...and will loose it all..just like ones lost millions to Justin's other scam...its funny. Too because they fell for a fast talker. And will be smarter..justin used their greed against them and everybody who invested thinking they can be a billionaire too
Why is Costello in hiding along with his wife - Costello will be criminally charged with securities fraud.
The justice department criminal investigations take longer than a SEC civil investigation.
IG
Costello was busted for lying about his education - he claimed to have graduated from the Harvard Business School and the University of Minnesota - neither of which were true.
Costello is a failed Limo driver - who left Wisconsin with Bill collectors on his heels.
He lied about being a Billionaire and owning/managing a Billionaire dollar hedge fund and that wasn't true.
Now he is in hiding with multiple lawsuits and the FBI stating there was an ongoing investigation of Costello.
IG
Didn't a bunch of people, retail, make a killing on HPST and GRNF? Are they crying "scam!"
I dunno, you're in the OTC. They may be scammers, but so is most of the U.S. economy in my opinion, so I just don't look for it. I look for market interest and eventually volume.
looked to see if NEWBauer was involved-- could not locate him in any recent filings-- KNOW to AVOID ANYTHING with his name.
Smarter people than them were scammed by this con artist, you'll see, went through these same conversations at GRNF, nobody believed us, then came HPST, arguing with people, nobody believed us, both were fake, now its RNWF time, same thing happening, you're not believing us and the same thing is happening. RINSE and REPEAT
Absolutely! If I was a multimillionaire with deep roots in the community, University of Washington, etc, I would totally risk throwing it all away and going to prison to make chump change scamming investors! Makes perfect sense!! LOL.
YOLO while the FBI is watching lol, its like a Hollywood flick
And they're just going to turn around and do it again? Alka, her husband, both Microsoft execs and philanthropists, very well known in the Seattle area are going to risk it all on a penny stock scam? LOL.
Court takes time lol
Have you not read any of the court documents and charges brought up on Costello? His whole crew is involved with multiple scams. They are trying to drain every last penny out of their scams before they are taken into custody. Do you not think when JC gets convicted he won’t sing like a songbird throwing everyone else under the bus to save his own neck? Come on....if at least that much DD hasn’t been done before someone bought this one they might want to consider something other than trading.
If they are such hard core scammers why arent they in jail? If Alka is such a scammer, how is she getting away with doing this all over again? Pretty interesting isnt it?
That is precisely why I am here…Urban Casavant and his criminal associates took me good in CMKX. I learned my lesson, and yes it cost me, but I used it to become very successful.
I hate to see people ripped off by the likes of Costello, CONway, Halpern, NEWBauer, and the likes thereof
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