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FYI - In observance of the Christmas holiday, bond markets will close early at 2:00 PM EST on Thursday, December 23, 2010. Additionally, both stock and bond markets will be closed on Friday, December 24, 2010.
In observance of the New Years holiday, the bond market will close early at 2:00 P.M. EST on Friday, December 31, 2010. The stock market will be open and operate as a regular trading day on Friday, December 31, 2010.
git 'er dun Kim !!!
Red
FYI - In observance of the Christmas holiday, bond markets will close early at 2:00 PM EST on Thursday, December 23, 2010. Additionally, both stock and bond markets will be closed on Friday, December 24, 2010.
In observance of the New Years holiday, the bond market will close early at 2:00 P.M. EST on Friday, December 31, 2010. The stock market will be open and operate as a regular trading day on Friday, December 31, 2010.
All the best,
Red
FYI - In observance of the Christmas holiday, bond markets will close early at 2:00 PM EST on Thursday, December 23, 2010. Additionally, both stock and bond markets will be closed on Friday, December 24, 2010.
In observance of the New Years holiday, the bond market will close early at 2:00 P.M. EST on Friday, December 31, 2010. The stock market will be open and operate as a regular trading day on Friday, December 31, 2010.
329,750 buys 41,700 sells
well orchestrated MM manipulation
Maybe getting ready to run a little?
http://barchart.com/snapopinion/stocks/KBLB
http://barchart.com/snapopinion/stocks/HDY
Big ole see y'all at $5 BOOOOOOOO YAAAAAHHHH !
Can one of the moderators sticky that letter from Clayton please.
Thank you,
Red
I wonder how this will work when they do file the documents with the SEC and the State of Maryland?
Do they halt stock trading then file? OR file then halt the stock trading?
Hopefully we will see ...
Odd no trades at all today...
halted or no buys?
Looks like we've attracted investors !! Finally!
git 'er dun Ray !
Well I'm going to stake my holding of this stock until the deal is completed on the integrity of CPV CEO Doug Egan. If somebody put out a fake doc with my forged electronic signature on it then I certainly would have come out with a PR denying any deal and denouncing the perpetrators.
I sent several e-mails to the company relating this and they did not respond and did not put out a PR. So I'm still in ...
W1M I am just hoping that CPV needs to offset some 2010 profits or can use somekind of biofuels tax credit by acquiring RNWF before the end of the year. That financial motivation is the only valid deadline that is plausible.
As far as the planted Acquistions and Reorganization document I just don't know. That would have been lots of work for little gain and exposure to fines or jail time if it was a forgery.
I have received NO denials from CPV, RNWF or Wachtell, Lipton. Just silence.
Seeing as the Congress recently passed those alternative fuels tax credits make me think that this company could go places with the right suitor or at least could provide income offsets for an acquirer.
I'm holding for now and watching for filings ... only eight more business days until the end of the year.
All the best,
Red
Regarding OS shares question .... from the ibox
Issued and Outstanding Shares (per www.bloomberg.com 12/31/09)
38.776M Shares
Float (per www.bloomberg.com 12/31/09)
17.539M Shares
Short Interest (per www.bloomberg.com 05/17/10
884,345.000 Shares
Issued Shares & Float Info:http://www.bloomberg.com/apps/quote?ticker=rnwf
Latest Filings:
http://www.pinksheets.com/quote/filings.jsp?symbol=RNWF
All the best,
Red
How's about some spider ribbon for those Christmas packages next year !!!
git 'er dun Kim !!!
Sounds like a plan fidz ... makes us shareholders a little more comfortable holding.
WOW somebody gathered 7,312,221 @.04 today ...
I like it ...
... they can have mine at .1125 ... I'm willing to let them off the hook and make a nickle ... =~D
looks like they owe us between .12 - .2265 at least ....
The best thing about this play is that the CEO owns a boatload of shares, 52%, we obviously aren't going lower from here ...
He will most likely run the share price up so he can use them for currency in the market and for acquisitions. imho.
All the best,
Red
disclosure I own shares.
psst. HDY.
Reverse Merger Report
http://reversemerger.dealflow.com/
I hope this RNWF stunt wasn't a scheme ... somebody could get busted !!!
SEC Sues Group Over Alleged $6.88M Reverse Merger Stock Fraud
Posted December 15, 2010 6:00PM PST
The Securities and Exchange Commission filed suit yesterday against attorney Marcus Luna and three other investors for allegedly manipulating the stock of Axis Technologies in a reverse merger fraud scheme that netted $6.88 million.
The suit, filed in U.S. District Court in Las Vegas, alleges that Luna arranged a reverse merger between Axis and the non-reporting Pink Sheets-listed company Riverside Entertainment in September 2006. The merger was to be followed by an investment from purportedly accredited investors.
The SEC claims that the investors, St. Paul Venture Fund, Minnesota Venture Capital, Real Estate of Minnesota and Matrix Venture Capital, were not accredited and were formed by Luna to serve as "straw men." Luna recruited Nathan Montgomery, Adam Daskivich, and David Murtha to act as principals of the corporations along with himself.
Following the merger, Luna told Axis management in a letter that the four supposedly accredited investors would buy 15 million shares for $300,000. Luna paid for the shares from an account in his law firm's name, the SEC said. Luna soon after mailed an opinion letter to Axis's transfer agent falsely stating that the shares were "free trading" and without a restrictive legend, the suit said.
Luna continued to work to get Axis trading as quickly as possible, filing paper work to get the company a ticker and submitting financials to the Pink Sheets to get its stock quoted.
As soon as the investors began submitting quotes, the volume and share price for Axis stock skyrocketed, the SEC said. The lawsuit said that ultimately Luna made $1.6 million from selling shares, while Montgomery pocketed $1.4 million, Daskivich made $2.4 million, and Murtha made $1.3 million. The SEC also alleges the trio paid Luna $1.7 million in kickbacks.
The SEC is seeking for the four men to disgorge ill-gotten gains, pay civil penalties, and to ban them from future penny stock offerings. The SEC is also seeking for Luna to disgorge fees earned in the offering and to prohibit him from providing legal services on certain securities offerings.
Source: SEC Lawsuit
"The fair value of Renewal Biodiesel $0.2265 per share"
Tech Laboratories had no active business operations immediately prior to the merger. Mr. John King, former Chief Executive Officer and Mr. David Marks, Chairman were officers and directors and were minority shareholders of Renewal Biodiesel.
Immediately prior to the reorganization, Renewal Biodiesel issued an aggregate of 5,727,979 shares of its common stock to 23 accredited investors for an aggregate consideration of $57,279. Under the terms of the agreement, we acquired 100% of the 5,727,979 shares of common stock of Renewal Biodiesel in exchange for the issuance by us of 343,610 shares of series A preferred stock, which were subsequently converted into 23,907,323 common shares (approximately 97% of the outstanding common shares immediately after the reorganization). The average share price paid for the 5,727,979 shares of Renewal Biodiesel exchanged for our common shares was $0.01. Current officers, directors and principal stockholders of ours, who beneficially own in the aggregate approximately 80% of our outstanding common stock, owned the following aggregate shares of common stock of Renewal Biodiesel:
Name Common Shares Received Renewal Biodiesel
Crivello Group LLC (1) 666,666 166,700 $ 0.01
Frank P.Crivello SEP IRA (1) 13,333,333 3,334,000 $0.01
John King 2,300,000 575,115 $ 0.01
David Marks (2) 2,700,000 675,135 $ 0.01
Other investors as a group (17) 3,907,324 977,029 $ 0.01
22,907,323 5,727,979
(1) Mr. Crivello is also the managing member of Crivello Group, LLC.
(2) Of the shares attributed to Mr. Marks, 200,000 shares are registered in the name of the Irrevocable Children’s Trust of which Mr. Marks is a trustee and 200,000 are registered in the name of Phoenix Investors, LLC of which Mr. Marks is Managing Director. Although we were the legal acquirer, Renewal Biodiesel was considered the accounting acquirer and as such the acquisition was accounted for as a reverse merger and recapitalization. The officers and directors of Renewal Biodiesel assumed similar positions with us. As a result, the accompanying consolidated financial statements represent the results of operations and cash flows of the accounting acquirer (Renewal Biodiesel) from the date of its inception on March 9, 2007.
The fair value of the common stock issued to the shareholders of Renewal Biodiesel was estimated to be $0.2265 per share, based on the trading price of our common stock immediately prior to the reorganization and reverse merger. The difference between the fair value of the shares issued and the amount paid by the shareholders of Renewal Biodiesel for their shares resulted in an immediate expense of $5,131,231.
On July 9, 2007, the Company, which was a New Jersey entity (“Tech Labs-NJ”), entered into an Agreement and Plan of Merger with Tech Laboratories, Inc., a Delaware entity (“Tech Labs - DE”) under which Tech Labs - NJ and Tech Labs - DE were merged with and into the surviving corporation, Tech Labs - DE, whose name was subsequently changed on August 1, 2007 to Renewal Fuels, Inc. The certificate of incorporation and bylaws of the surviving corporation became the certificate of incorporation and bylaws of the Company, and the directors and officers in office of the surviving corporation became the directors and officers of the Company.
On July 10, 2007, the majority stockholders of the Company authorized a 1-for-15 reverse stock split which was effective on August 1, 2007. As a result, the shares of common stock of the Company (the "Old Shares") that were outstanding at July 31, 2007 automatically converted into 23,805,126 shares of common stock (the "New Shares"). All common share and per share amounts in our financial statements have been retroactively restated to reflect this reverse stock split. The New Shares issued pursuant to the reverse stock split are fully paid and non-assessable. All New Shares have the same par value, voting rights and other rights as the Old Shares. Stockholders of the Company do not have preemptive rights to acquire additional shares of common stock which may be issued. Also on August 1, 2007, the Company changed its name from Tech Laboratories, Inc. to Renewal Fuels, Inc. and the Company’s quotation symbol on the OTC Bulletin Board was changed from TLBT to RNWF.
One would think if this guy Uram actually owns that many shares then he would be actively seeking a suitor? mes oui?
As I do more DD regarding this "shell game" it seems like there are many avenues to utilize to actively seek a quality suitor.
Complacency is not an option in business.
All the best,
Red
If this deal doesn't go through I think we should get this company to broker a deal for us !!! We will create our own value !!!
http://gopublicpros.com/publicshellsforsale.html
All the best ...
Red
If we get dealt lemons we make the best damn lemonade they've ever tasted !!!!
Another option is contacting these people who have done a couple R/M's successfully the last few years !!! She was the YCKM facilitator.
LISA LOPOMO Ms. Lisa Lopomo is President, Secretary, Treasurer, CFO and sole Director of the company. She has been an independent business consultant for the past 9 years. Her experience includes working with management of public and privately-held companies to maximize productivity as well as general corporate matters. Ms. Lopomo has experience in various industries including automotive, solar, pet care and resources.
http://www.anslowlaw.com/showdeal.aspx?Type=39&Year=2009
Anslow + Jaclin was ranked Number 1 in the U.S. by SEC New Registrations Report for the number of pre-effective IPO registrations advised (self-filings/direct public offerings) in 2009.
Interesting reading on the topic of public shell companies ...
http://lawreview.wustl.edu/inprint/85/4/Riemer.pdf
http://www.lectlaw.com/files/bul04.htm
http://www.thelebrechtgroup.com/index.php/publications/tlg-publications/97-rule-144s-impact-on-shell-companies
Thing is HOW DOES a credible suitor contact friggin' company reps if they want to do a real R/M ?
That's what I want answered ... who or where is the contact person?
That may be a question for the SEC to answer ... many of us have left messages what is their responsibility to respond to shareholders?
BUSINESS STRATEGY, CORE PHILOSOPHIES, CURRENT OPERATIONS November 14, 2008
Renewal Fuels is dedicated to technologies that enable the production of high quality fuels from a variety of non-food feedstock sources and waste streams. We believe that developed and emerging technologies to produce fuels from waste will provide an important alternative to feedstock sources which compete with uses for food.
Renewal Fuels’ business model includes strategic partnerships and acquisitions in the expanding biofuels industry. Increasing political and social responsiveness, combined with exciting developments in biofuel technology, has created an unprecedented environment for organic growth as well as growth through acquisitions. Our focused business model is designed to facilitate high profit margins and security of feedstock pricing.
The management of Renewal Fuels is establishing relationships with multiple biofuel entities with projects, products, and technologies at various stages of development, fitting the Company’s mission. The company is currently seeking additional technologies and businesses to add to its portfolio, which currently includes the businesses described below.
Renewal manufactures and markets the FuelMeister® line of personal biodiesel processors from its facility in Sparks, NV. The FuelMeister allows a user to make biodiesel from waste vegetable oil, for personal use. The FuelMeister line of biodiesel processors are produced from industrial-grade materials. In general, it takes approximately 1/2 hour hands-on time per batch of biodiesel fuel production. The products offered are not do-it-yourself kits, but complete systems with all key components needed to make biodiesel ‘at home’ with ease and confidence.
FuelMeister biodiesel processors are supplied with a user safety kit, oil titration and field test kit, high quality steel methanol pump, and easy prime oil draw tube. Quick disconnect fittings allow for future expansion and more convenient connection of tanks. If capacity needs change, additional modular tanks, lids, and accessories can be added to the FuelMeister II platform. A customer can start making biodiesel the same day the system arrives. All that is required is a barrel of used fryer oil (typically collected at no charge from local restaurants), lye (at a typical cost of 20¢/gallon of biodiesel), a barrel of racing methanol (at a typical cost of 50¢ /gallon of biodiesel), a barrel for the finished biodiesel, AC power, and a water hose. Renewal’s products are designed specifically to allow shipment by UPS in order to minimize customers’ freight expenses. Any machines operating on diesel fuel, including cars, trucks, generators, tractors, furnaces, etc. may be powered with the biodiesel produced with the FuelMeister II biodiesel production system.
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RPI is engaged in the growth of cellulosic feedstock for the biofuels industry. Through a service agreement with another party, we are establishing nurseries for the growth of unique high density, short-rotation trees, which are designed to provide a very high concentration of biomass per acre. We are currently completing installation of the nurseries and establishing customers for the products to be produced by RPI. A Management Service Agreement between RPI and Emerald Energy, LLC was consummated on February 11, 2008, providing for the completion of the greenhouse installation and operation of the facility. Root sections were purchased for $50,000 in 2008. In April and May of 2008, the root sections did not survive due to growing circumstances. In August 2008, RPI has replenished and replanted a number of root sections and has engaged an independent grower to supervise the conditions and growth of the roots. RPI and Emerald Energy are in discussions to modify its Management Services Agreement accordingly.
RESULTS OF OPERATIONS
Although the revenue generating activities of the FuelMeister Business, the Predecessor business, remained significantly intact after the acquisition, there have been changes in our marketing strategy, administrative costs (including those expenses related to public equity market participation) and financing activities. As a result, we believe that the expenses of the Predecessor business are not representative of our current business, financial condition or results of operations. Accordingly, where practicable we have included various forward looking statements regarding the effects of our new operating structure.
The discussion that follows of Results of Operations is in the following sections:
? Results of operations for the three months ended September 30, 2008 and 2007( Unaudited);
? Results of operations for the nine months ended September 30, 2008 and the period March 9, 2007 (date of inception) through September 30, 2007 ( Uunaudited);
RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2008 AND 2007
Revenues
For the three months ended September 30, 2008, revenues were $631,694, an increase when compared with the three months ended September 30, 2007 of $148,800 is due to sales of the Fuelmeister product while fuel prices were high. Even though sales have increased, quarter by quarter, the sales are slowly decreasing due to fuel prices decreasing, hence the demand for the Fuelmeister product has decreased.
Cost of Sales and Gross Profit
Cost of sales for the three months ended September 30, 2008 was $437,523, resulting in a gross profit of $194,171 for the three months ended September 30, 2008 an increase when compared to three months ended September 30, 2007 of $109,048 and a gross profit of $39,752 due to an increase in sales of the Fuelmeister product.
Employee Compensation and Benefits
Employee compensation and benefits were $82,325 for the three months ended September 30, 2008 a decrease when compared to three months ended September 30, 2007 of $243,101 due to the termination of BSI employees on April 14, 2008.
Occupancy and Equipment
Occupancy and equipment expenses, consisting of rent, depreciation, and other miscellaneous expenses, amounted to $105,896 for the three months ended September 30, 2008 an increase when compared with the three months ended September 30, 2007 of $71,045 due to balance owed on the building lease for BSI.
Advertising Expenses
Advertising expenses were $21,442 for the three months ended September 30, 2008 decreased when compared with the three months ended September 30, 2007 of $96,187 due to less advertising and website costs because of discontinued operations at BSI.
Professional Fees
Professional fees, consisting primarily of accounting, attorney and accountant fees, were $56,723 for the three months ended September 30, 2008 decreased when compared with the three months ended September 30, 2007 of $80,150 is due to the costs associated with the acquisitions and mergers in 2007.
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Research and development
Stock-based transaction expense was $5,131,231 for the three months ended September 30, 2007, associated with the acquisition of Fuelmeister.
General and Administrative Expenses
General and administrative expenses, consisting of administrative expenses, insurance and other non-manufacturing related expenses were $63,391 for the three months ended September 30, 2008 decreased when compared with the three months ended September 30, 2007 of $217,665 due to BSI no longer operating.
Amortization of Intangible Assets
Amortization of intangible assets was $67,617 for the three months ended September 30, 2008, increased when compared to the three months ended September 30, 2007 of $45,268 primarily due to the amortization of assets acquired in the acquisition of Fuelmeister and BSI.
Interest Expense
Interest expense, of $433,036 for the three months ended September 30, 2008increased when compared with the three months ended September 30, 2007 of $221,050 due to the interest and debt discount associated with all convertible debenture obligations.
Discontinued Operations
Discontinued operations for the three months ended September 30, 2008 of $22,939 compared to the three months ended September 30, 2007 of $0 is due to discontinued operations of BSI in 2008.
Net Loss
As a result of the above, we reported a net loss of $613,320 for the three months ended September 30, 2008 and a net loss of $4,153,722 for the three months ended September 30, 2007.
RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2008 and MARCH 9, 2007 (DATE OF INCEPTION) TO SEPTEMBER 30, 2007.
Revenues
For the nine months ended September 30, 2008, revenues were $1,857,529 increased when compared with period of March 9, 2007 (Date of Inception) to September 30, 2007 of $392,887 due to sales of the Fuelmeister product which are higher due to higher gas prices. Even though sales have increased, year by year, the sales have slowly decreased due to fuel prices dropping and the demand for the Fuelmeister product has decreased.
Cost of Sales and Gross Profit
Cost of sales for the nine months ended September 30, 2008 was $1,235,067 resulting in a gross profit of $622,462 for the nine months ended September 30, 2008 increased when compared to $251,390 and a gross profit of $141,497 for March 9, 2007 (Date of Inception) to September 30, 2007 due successful sales and production of the Fuelmeister product.
Employee Compensation and Benefits
Employee compensation and benefits were $435,426 for the nine months ended September 30, 2008 increased when compared to March 9, 2007 (Date of Inception) to September 30, 2007 of $277,373 due to overtime associated with the sales of the Fuelmeister product.
Stock-based Transaction Expense
Stock-based transaction expense was $0 for the nine months ended September 30, 2008 compared to $5,131,231 for March 9, 2007 (Date of Inception) to September 30, 2007 due to the acquisition of the Fuelmeister product.
Occupancy and Equipment
Occupancy and equipment expenses, consisting of rent, depreciation, and other miscellaneous expenses, amounted to $181,900 for the nine months ended September 30, 2008 increased when compared with March 9, 2007 (Date of Inception) to September 30, 2007 of 79,302 due to facility production for the FuelMeister product and balance owed for the building lease for BSI.
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Advertising Expenses
Advertising expenses were $73,216 for the nine months ended September 30, 2008 decreased when compared with March 9, 2007 (Date of Inception) to September 30, 2007 of $140,170 due to BSI no longer operating and lower advertising for the Fuelmeister product.
Research and development
Stock-based transaction expense was $0 for the nine months ended September 30, 2008 compared to $3,140,000 for March 9, 2007 (Date of Inception) to September 30, 2007 due to the acquisition of the RBI.
Professional Fees
Professional fees, consisting primarily of accounting and attorney fees were $319,406 for the nine months ended September 30, 2008 decreased when compared with March 9, 2007 (Date of Inception) to September 30, 2007 of $429,891 due to acquisition and merger costs in 2007, where we had no acquisitions and mergers in 2008.
General and Administrative Expenses
General and administrative expenses, consisting of administrative expenses, insurance and other non-manufacturing related expenses were $388,153 for the nine months ended September 30, 2008 increased when compared with March 9, 2007 (Date of Inception) to September 30, 2007 of $315,209 due to additional costs associated with the Fuelmeister.
Amortization of Intangible Assets
Amortization of intangible assets was $260,267 for the nine months ended September 30, 2008 increased when compared to March 9, 2007 (Date of Inception) to September 30, 2007 of $58,707 due to a full nine months in 2008 for the amortization of assets acquired in the acquisition Fuelmeister and BSI.
Interest Expense
Interest expense of interest expense of $1,077,838 for the nine months ended September 30, 2008 increased when compared with March 9, 2007 (Date of Inception) to September 30, 2007, interest of $636,477 due to all of the convertible debenture obligations for 2008.
Discontinued Operations
Discontinued operations of $(373,868) for the nine months ended September 30, 2008 compared to $0 for March 9, 2007 (Date of Inception) to September 30, 2007 is due to BSI no longer operating in 2008.
Net Loss
As a result of the above, we reported a net loss of $2,517,339 for the nine months ended September 30, 2008 and a net loss of $10,163,124 for March 9, 2007 (Date of Inception) to September 30, 2007.
LIQUIDITY AND CAPITAL RESOURCES
Cash and Cash Flows From Operations:
The accompanying condensed consolidated financial statements have been prepared assuming we will continue as a going concern. During the nine months ended September 30, 2008, we had a net loss of $2,517,339 which included non-cash items totaling $1,746,948, consisting primarily of depreciation, amortization of financing fees, convertible debt, and discontinuation of operations. Our existence is dependent on management’s ability to develop profitable operations and successful integration of our acquired businesses.
Net cash used in investing activities was $13,097, which is the purchase of depreciable assets.
Net cash provided by financing activities was $257,042 which was provided by proceeds from note payables from stockholders. We currently do not have sufficient cash reserves to meet all of our anticipated obligations for the next twelve months and there can be no assurance that we will ultimately close on the necessary financing. We currently expect that funding from related parties, third-party financing, or equity may be a continuing source of liquidity to fund our operations.
OFF-BALANCE SHEET ARRANGEMENTS
We currently have no off balance sheet arrangements, other than the property leases described in the footnotes to the financial statements.
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CRITICAL ACCOUNTING POLICIES
Going Concern
Our ability to continue as a going concern is dependent on our ability to obtain additional funds through debt and equity funding as well as increasing sales of biodiesel units. With these sales the Company anticipates that it will become less reliant on short-term financing.
Concentrations of Credit Risk
The Company has several customers that accounted for the total revenue for the nine months ended September 30, 2008.
Revenue Recognition
The Company recognizes sales when earned. At the time of the transaction, the Company assesses payment terms associated with the transaction and whether collectibility is reasonably assured. If a significant portion of a fee is due after the normal payment terms, the Company accounts for the fee as not being fixed and determinable. In these cases, the Company recognizes revenue as the fees become due. Where the Company provides a sale at a specific point in time and there are no remaining obligations, the Company recognizes revenue upon completion of the sale.
ITEM 3. - QUALITATIVE AND QUANTITATIVE DISCLOSURE ABOUT MARKET RISK
None.
ITEM 4. - CONTROLS AND PROCEDURES.
Disclosure Controls and Procedures
As required by Rule 13a-15 under the Securities Exchange Act of 1934, as of the end of the period covered by this report, we have carried out an evaluation of the effectiveness of the design and operation of our company’s disclosure controls and procedures. Under the direction of our Chief Executive Officer and Chief Financial Officer, we evaluated our disclosure controls and procedures and internal control over financial reporting and concluded that (i) there continue to be material weaknesses in the Company’s internal controls over financial reporting, that the weaknesses constitute a “deficiency” and that this deficiency could result in misstatements of the foregoing accounts and disclosures that could result in a material misstatement to the consolidated financial statements for the current period that would not be detected, (ii) accordingly, our disclosure controls and procedures were not effective as of September 30, 2008, and (iii) no change in internal controls over financial reporting occurred during the quarter ended September 30, 2008, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting; provided, however, that it is to be noted that, based on the above described material weakness, our management, including our CEO and CFO have concluded that we did not maintain effective internal control over financial reporting as of September 30, 2008.
Disclosure controls and procedures and other procedures are designed to ensure that information required to be disclosed in our reports or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time period specified in the Securities and Exchange Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934 is accumulated and communicated to management including our president and financial officer as appropriate, to allow timely decisions regarding required disclosure.
On April 15, 2008, Bryan Chance, age 38, was appointed as Chief Executive Officer and Chief Financial Officer of the Company. Mr. Chance is a certified public accountant and has served as Chief Financial Officer of Titan Global Holdings, Inc. since January 24, 2006 and as President and Chief Executive Officer since August 18, 2006. Mr. Chance also served as Chief Financial Officer for Aslung Pharmaceutical, a privately held generic pharmaceutical manufacturing company from 2000 to 2002 and has held financial and mergers and acquisition leadership positions in companies such as Caresouth, Nursefinders, Home Health Corporation of America, the Baylor Healthcare System, Columbia/HCA and Price Waterhouse, LLP. By appointing someone who is qualified as a CPA and has considerable experience serving as a Chief Financial Officer, the Company has endeavored to provide the financial leadership that the Company requires in order to eliminate the weaknesses in its internal controls over financial reporting and otherwise design, implement and maintain a sufficient systems of internal financial controls.
Changes in Internal Control Over Financial Reporting
There have been no changes in our internal controls over financial reporting during the quarter ended September 30, 2008, which have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
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PART II - OTHER INFORMATION
ITEM 1. Legal Proceedings.
On August 22, 2008, an injunction was filed against BSI in the state of Nevada and county of Washoe. The injunction orders BSI to pay $92,224, which is the balance due for lease related expenses and unpaid rent, remove all personal property from the premises at 1395 Greg St, #102, Sparks, Nevada; where BSI resided, remove all environmental hazards, and repair and restore premises to original condition. An attorney has been hired to represent BSI. We do not believe that the injunction will prevail over damages.
ITEM 2. Unregistered Sales Of Equity Securities And Use Of Proceeds.
None.
ITEM 3. Defaults Upon Senior Securities.
See Notes to Condensed Consolidated Financial Statements, Note 6 Debt
YA Global Investments, L.P., $300,000 convertible debenture, due December 31, 2009
YA Global Investments, L.P., $1,000,000 convertible debenture, due April 20, 2009
YA Global Investments, L.P., $400,000 convertible debenture, due May 31, 2009
YA Global Investments, L.P., $2,000,000 convertible debenture, due July 2, 2009
Montgomery Equity Partners, Ltd., $300,000 15% convertible debenture, due on demand
Montgomery Equity Partners, Ltd., $208,920 15% convertible debenture, due on demand
LH Financial, $156,080 18% convertible promissory note, due on demand
Phoenix Investors, LLC, $341,651, due July 15, 2008, due on demand
Forbearance Agreement
On April 28, 2008, the Company entered into a Forbearance Agreement (the “Agreement”) with Montgomery Equity Partners, Ltd. (“Montgomery”) and YA Global. This secured convertible indebtedness of Montgomery and YA Global (collectively, “Lenders”) had an aggregate principal balance, as of April 21, 2008, of approximately $4,249,720, and aggregate accrued unpaid interest of approximately $562,920.
Pursuant to the Agreement, the Company gave formal written notice to the Lenders of events constituting defaults under the notes and other documents evidencing and securing the Indebtedness (the “Loan Documents”), that are continuing, including the Company’s failure to repay a portion of the indebtedness that had matured.
Pursuant to the Agreement, Lenders agreed to forbear from exercising their rights and remedies under the Loan Documents until September 30, 2008, unless and until there is a new default under the Loan Documents. In connection with the Forbearance Agreement, the Company agreed (a) to amend the warrant entitling YA Global to purchase 1,050,000 common shares of the Company, to reduce the exercise price to $.001 per share; (b) to increase the interest rate payable on the Indebtedness to 13% per annum; (c) to allow the Company to prepay the indebtedness at any time prior to September 30,2008; (d) to extend the maturity of the portion of the debentures due December 28, 2006 (evidencing a portion of the Indebtedness in the aggregate principal amount of $549,720, and being the only portion of the indebtedness that has or will mature prior to September 30,2008) to September 30, 2008; and (e) for the Company’s cash deposits, to enter into a Deposit Account Control Agreement with a bank that, upon the earlier of a new default under the Loan Documents or September 30, 2008, gives YA Global exclusive and immediate control over the Company’s cash deposits in such account.
ITEM 4. Submission Of Matters To A Vote Of Security Holders.
None.
ITEM 5. Other Information.
None.
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ITEM 6. Exhibits.
Exhibit
Number Description
3.1 Amendment to Certificate of Incorporation of Tech Laboratories, Inc. (1)
3.2 Amended and Restated By-laws of Tech Laboratories, Inc. (1)
10.1 Agreement and Plan of Merger, dated April 20, 2007, among Tech Laboratories, Inc., Renewal Fuels Acquisitions, Inc. and Renewal Fuels, Inc. (1)
10.2 Asset Purchase Agreement, dated March 30, 2007, among Crivello Group, LLC, Renewal Fuels, Inc. and Biodiesel Solutions, Inc. (1)
10.3 Securities Purchase Agreement, dated April 20, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (1)
10.4 $1,000,000 principal amount Secured Convertible Debenture, dated April 20, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (1)
10.5 Warrant to purchase 18,000,000 shares of Common Stock of Tech Laboratories, Inc. dated April 20, 2007 (1)
10.6 Registration Rights Agreement, dated April 20, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (1)
10.7 Pledge and Escrow Agreement, dated April 20, 2007, by and between Tech Laboratories, Inc., David Gonzalez and Cornell Capital Partners L.P. (1)
10.8 Restated Security Agreement, dated April 20, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (1)
10.9 Services Agreement between Renewal Fuels, Inc. and Biodiesel Solutions, Inc., dated as of March 30, 2007 (1)
10.10 Settlement Agreement between Tech Laboratories, Inc. and Stursburg & Veith, dated as of April 25, 2007 (1)
10.11 Amendment No. 1 to Secured Convertible Debenture No. TCHL-1-1, dated May 31, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (2)
10.12 Amended and Restated $1,000,000 principal amount Secured Convertible Debenture, dated May 31, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (2)
10.13 Amendment No. 1 to Secured Convertible Debenture No. TCHL-1-2, dated May 31, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (2)
10.14 $400,000 principal amount Secured Convertible Debenture, dated May 31, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (2)
10.15 $300,000 principal amount Secured Convertible Debenture, dated December 27, 2005, by and between Tech Laboratories, Inc. and Montgomery Equity Partners, Ltd. (incorporated by reference to the exhibits to Registrant’s Form 8-K filed on January 10, 2006).
10.16 Amendment No. 1 to Secured Convertible Debenture No. MEP-2, dated May 31, 2007, by and between Tech Laboratories, Inc. and Montgomery Equity Partners, Ltd. (2)
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10.17 Amended and Restated $537,220 principal amount Secured Convertible Debenture, dated December 27, 2005, by and between Tech Laboratories, Inc. and Montgomery Equity Partners, Ltd. (incorporated by reference to the exhibits to Registrant’s Form 8-K filed on January 10, 2006).
10.18 Amendment No. 1 to Secured Convertible Debenture No. MEP-3, dated May 31, 2007, by and between Tech Laboratories, Inc. and Montgomery Equity Partners, Ltd. (2)
10.19 Agreement and Plan of Merger, dated July 2, 2007, among Tech Laboratories, Inc., BSI Acquisitions, Inc. and Biodiesel Solutions, Inc. (3)
10.20 Securities Purchase Agreement, dated July 2, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (3)
10.21 $2,000,000 principal amount Secured Convertible Debenture, dated July 2, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (3)
10.22 Warrant to purchase 33,750,000 shares of Common Stock of Tech Laboratories, Inc. dated July 2, 2007 (3)
10.23 Amendment No. 1 to Registration Rights Agreement, dated July 2, 2007, by and between Tech Laboratories, Inc. and Cornell Capital Partners L.P. (3)
10.24 Security Agreement, dated July 2, 2007, by and between Biodiesel Solutions, Inc., Renewal Fuels, Inc. and Cornell Capital Partners L.P. (3)
10.25 Promissory Note issued to Phoenix Investors, LLC by Renewal Fuels, Inc., dated December 13, 2007. (4)
10.26 Promissory Note issued to John King by Renewal Fuels, Inc., dated December 13, 2007. (4)
10.27 Promissory Note issued to Rudolph A. Wiedemann by Renewal Fuels, Inc., dated December 13, 2007. (4)
10.28 Amendment to Securities Purchase Agreement, December 31, 2007, by and between Renewal Fuels, Inc. and YA Global Investments, L.P. (4)
10.29 $300,000 principal amount Secured Convertible Debenture, dated December 31, 2007, by and between Renewal Fuels, Inc. and YA Global Investments, L.P. (4)
10.30 Loan and Security Agreement, April 28, 2008, by and between Renewal Plantations, Inc. and Phoenix Investors, LLC. with Form of Term Note attached as Exhibit A. (5)
10.31 Warrant to purchase 20,000,000 shares of Common Stock of Renewal Fuels, Inc. dated April 21, 2008. (5)
10.32 Forbearance Agreement, April 28, 2008, by and among Renewal Fuels, Inc., Montgomery Equity Partners, Ltd. and YA Global Investments, L.P. (6)
10.33 Form of Deposit Account Control Agreement, by and among Renewal Fuels, Inc., YA Global Investments, and the bank maintaining the deposit account. (6)
24
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31.1 Certification by Chief Executive Officer and Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1
Certification by Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
(1) Incorporated by reference to Form 8-K filed on April 26, 2007
(2) Incorporated by reference to Form 8-K filed on June 8, 2007
(3) Incorporated by reference to Form 8-K filed on July 6, 2007
(4) Incorporated by reference to Form 8-K filed on January 17, 2008
(5) Incorporated by reference to Form 8-K filed on April 21, 2008
(6) Incorporated by reference to Form 8-K filed on May 7, 2008
25
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
RENEWAL FUELS, INC.
Dated: November 14, 2008 By: /s/ Bryan Chance
Bryan Chance
Chief Executive Officer and Chief Financial Officer
(Principal Financial and Accounting Officer)
The science is solid and the business story will continue to build as we near production on the first commercial scale garment grade spider silk thread.
I think the silkworm rearing will remain under strict control of KBLB through a worm producer but the patented spider-silk coccoons or thread will be sold to textile manufacturers for production of fabric.
Billions of customers in India, China, the Koreas and all other Asiatic countries.
This is all very exciting and any stock purchases under a dime a share are simply a gift.
Continually adding here.
All the best, Red
I think this recent PR speaks volumes about the path of the company.
Kraig Biocraft Laboratories Announces That Raymond Kutsunai Has Joined Its Business Advisory Board
Kraig Biocraft Labs (USOTC:KBLB)
Historical Stock Chart
1 Month : November 2010 to December 2010
Kraig Biocraft Laboratories, Inc. (PINKSHEETS: KBLB) announced today that Raymond Kutsunai, the former general manager of SmithKline & French Laboratories, Japan, has joined the Company's Board of Advisors.
Mr. Kutsunai was a central figure in SmithKline & French Laboratories operations and spectacular growth in Japan. Kutsunai is the second former major executive from SmithKline to join Kraig Biocraft Laboratories' advisory board. Earlier this month SmithKline Beecham's celebrated former CEO and Chairman Henry Wendt joined the Company's Board of Advisors. SmithKline Beecham, which became Glaxo SmithKline, is one of the world's largest and most successful corporations.
"Kraig Biocraft Laboratories is privileged to be able to attract this extraordinary level of talent," said the Company's founder and CEO Kim K. Thompson. "We are particularly excited about bringing Mr. Kutsunai onto the team. He rightfully deserves his stellar reputation in Japan for accomplishment and integrity. In addition to his extensive business experience and leadership Mr. Kutsunai also has extensive contacts in Japan which may prove to be invaluable as our Company grows. His proven record for orchestrating and managing explosive growth is exactly what we need as we move to commercialize our technologies." Kraig Biocraft Laboratories is a fully reporting biotechnology company, which recently achieved a series of scientific breakthroughs with implications for the global textile industry.
To learn more about Kraig Biocraft Laboratories and its recent commercial and scientific breakthroughs please visit www.KraigLabs.com. The website hosts several short videos describing the Company's recent commercial and technological breakthroughs and outlines the commercial potential that has garnered attention of many scientific and trade journals.
Black Rock invests $15 million, the 3-D is incredibly promising, we have Dana Corp. on board with KNOC's deep posckets and we have a major independent oil compnay about the sign on and solidify the team to drill in Q4 2011.
NSAI report indicates 2.3 billion barrels on the 2-D scans of only 16% of our concession with the new 3-D NSAI assessment due Q1 2011.
It doesn't get any better than this.
Ray will git 'er dun ....
All the best,
Red
I want some news on the biodiesel deal ...
That's all ...
git 'er dun ...
All the best, Red
Biomagnetic (BMGP) Ends Quiet Period – To Spin off Chinese Bio-Fuels Operation into New Public Company – Current BMGP Shareholders to Benefit
by Joe on November 8, 2010
Biomagnetic (BMGP) Ends Quiet Period – To Spin off Chinese Bio-Fuels Operation into New Public Company – Current BMGP Shareholders to Benefit
This morning Biomagnetics (BMGP) is announcing it will be spinning off its Chinese bio-fuel operation into a separate public company. It appears discussions relative to this spinoff are in the advanced stages with several Chinese investment banks in the running to manage the process, including one of the largest Taiwanese-based merchant banks. Earlier this year, the Company acquired the assets of Zhuhai Oil Energy Sciences and Technology, located in Guangdong Province, China. This acquisition included certain production assets and all of the intellectual property for a unique formulation of low carbon emission bio-fuels.
It appears the spinoff will be in the form of a reverse merger where the bankers will acquire a publicly traded operation that will purchase the assets of Zhuhai. The result will be a fully reporting, OTCBB company traded in the United States. While the exact details have not yet been announced, the current shareholders of Biomagnetic will receive shares in the new company upon completion of the reverse merger.
We believe this transaction makes a lot of sense as it will allow the management team to concentrate on other areas that are less capital intensive, such as the Integrated Optical Biosensor product being developed in conjunction with Los Alamos National Laboratory and the Chinese PVA plastic film operation.
Many of BMGP’s investors were very confused relative to the Company’s purchase of these Chinese assets. We do not believe these asset purchases were in any way part of Biomagnetic’s in long-term business plan. Instead, we believe these were simply opportunistic. Nevertheless, we believe both the bio-fuels operation and the PVA plastic film business will likely add meaningfully to overall shareholder value.
While the Company plans to spinoff the bio-fuels operation, it appears they plan to actually operate the PVA plastics business. We believe there are two reasons for this decision. The first reason is that operation of the PPA film business is not nearly as capital intensive as is bio-fuel production. A separate facility to house the PVA film production equipment has already been acquired and as soon as the equipment is moved to this new facility PVA film production can begin. The second reason we believe Biomagnetic will choose to operate the PVA plastics business is that the Chinese management already has a large agricultural contract in hand that will allow near-term revenue production.
We expect additional details to be released the by the Company over the coming weeks that will outline how much of the new publicly traded company will be owned by current Biomagnetics shareholders.
With the audits now complete and a plan in place relative to disposition of the biofuels assets, we believe a clear plan for shareholder maximization is now in place. Over the coming weeks we would expect the Company to release additional details about the spinoff transaction and to begin providing information about the plan to begin PVA film production. We also think there are several announcements likely pending relative to Los Alamos as deadlines outlined in the recent collaborative research agreement are quickly approaching. The most important announcement we are expecting from Los Alamos relates to the identification of a second tuberculosis biomarker. We believe this will be big news that will show the medical diagnostics community that the integrated optical biosensor product holds the potential to revolutionize tuberculosis testing throughout the world.
Joe Noel
But fidz ...
That was one of the worst NO news BS PR's I've seen in a LONG TIME.
Absolutely lousy.
Thanks,
Red
Anybody have Clayton or Paul's e-mail? Where did Noel go?
I've sent very suscinct business oriented inquiries to the e-mail addresses mentioned on the website but they have NOT acknowledged my requests.
Disclosure: I own more than 650,000 shares.
What gives?
Any help would be appreciated?
How about a phone number? Anything?
All the best,
Red
From what I understand this 8K should be all encompassing and be unusally comprehensive and large.
The devil is in the details and the disclosures. The 8K should show the financials too ... so the accounting will be transparent as well. How good or not? I dunno until we get the doc ... as see the direction for the company.
That's the SEC interpretation but it is now 1 AM Friday morning at YCKM HQ in China.
Friday 9am - 5pm in China will equate to Thursday evening 10pm -Friday morning 6am so yes they should technically file the document tomorrow.
Companies have four business days to file 8-K
http://www.sec.gov/answers/form8k.htm
Companies have four business days to file a Form 8-K for the events specified in the items in Sections 1-6 and 9 below.
Form 8-K
In addition to filing annual reports on Form 10-K and quarterly reports on Form 10-Q, public companies must report certain material corporate events on a more current basis. Form 8-K is the “current report” companies must file with the SEC to announce major events that shareholders should know about.
The instructions for Form 8-K describe the types of events that trigger a public company's obligation to file a current report, including any of the following:
Section 1 -- Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement
Item 1.03 Bankruptcy or Receivership
Section 2 -- Financial Information
Item 2.01 Completion of Acquisition or Disposition of Assets
Item 2.02 Results of Operations and Financial Condition
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Item 2.05 Costs Associated with Exit or Disposal Activities
Item 2.06 Material Impairments
Section 3 -- Securities and Trading Markets
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.02 Unregistered Sales of Equity Securities
Item 3.03 Material Modification to Rights of Security Holders
Section 4 -- Matters Related to Accountants and Financial Statements
Item 4.01 Changes in Registrant's Certifying Accountant
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
Section 5 -- Corporate Governance and Management
Item 5.01 Changes in Control of Registrant
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
Item 5.05 Amendment to Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
Item 5.06 Change in Shell Company Status
Section 6 -- Asset-Backed Securities
Item 6.01 ABS Informational and Computational Materials
Item 6.02 Change of Servicer or Trustee
Item 6.03 Change in Credit Enhancement or Other External Support
Item 6.04 Failure to Make a Required Distribution
Item 6.05 Securities Act Updating Disclosure
Section 7 -- Regulation FD
Item 7.01 Regulation FD Disclosure
Section 8 -- Other Events
Item 8.01 Other Events (The registrant can use this Item to report events that are not specifically called for by Form 8-K, that the registrant considers to be of importance to security holders.)
Section 9 -- Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
However, if the issuer is furnishing a Form 8-K solely to satisfy its obligations under Regulation FD, then the due date might be earlier. (Issuers with questions concerning compliance with Regulation FD should consult with counsel or the SEC’s Division of Corporation Finance.)
You can find a company’s Form 8-K filings on the SEC’s EDGAR database. We have posted information on our website on how to use the EDGAR database. For more information, you may wish to read answers to Frequently Asked Questions about the implementation and interpretation of the Form 8-K items, produced by the staff of the Division of Corporation Finance.
All the best ... Red
I guess it is what it is at this point but the mystery remains regarding the lack of a statement from CPV Holdings. If a fake doc with a CEO's signature on it hits the public domain it is always customary for the company to put out a statment denying the validity of the document.
Non-returned e-mails and statements that "we don't comment on rumors" is not the same as saying "no" the document is fake.
We will just have to wait and see what transpires over the next few weeks.
All the best,
Red
Matt how's the HDY chart looking along with this news out today?
HOUSTON, Dec. 16, 2010 /PRNewswire/ -- Hyperdynamics Corporation (NYSE Amex: HDY) today announced that it signed a non binding Letter of Intent with a large independent oil and gas company and is in a period of exclusive negotiations until January 27, 2011, unless the parties agree otherwise, for a farmout of a portion of its interest in its concession offshore Guinea.
About Hyperdynamics
Hyperdynamics is an emerging independent oil and gas exploration and production company that is exploring for oil and gas offshore the Republic of Guinea in West Africa. To find out more, visit our website at www.hyperdynamics.com.
Conference call today at 11 est ....
Hyperdynamics to Hold Business Update Investor Conference Call December 16
HOUSTON, Dec. 15, 2010 /PRNewswire/ -- Hyperdynamics Corporation (NYSE Amex: HDY) will host an investor conference call at 10 a.m. Central Time (11 a.m. Eastern Time) on Thursday, December 16, to provide an overall business update and to discuss recent developments.
Investors may participate in the call either by phone or audio webcast.
By Phone:
Dial 480-629-9813 at least 10 minutes before the call.
A telephone replay will be available through December 30 by dialing 303-590-3030 and using the access code 4392815#.
By Webcast:
Visit the Events and Presentations page of Hyperdynamics' Investor Relations website at http://investors.hyperdynamics.com/events.cfm. Please log on at least 10 minutes early to register and download any necessary audio software.
A replay of the audio webcast will be available shortly after the call.
Questions:
Investors participating by phone may ask a question live during the call. Participants also may send questions in advance for senior management to address during the call by clicking on the "submit a question" link under the December 16 conference call/webcast link.
About Hyperdynamics
Hyperdynamics is an emerging independent oil and gas exploration and production company that is exploring for oil and gas offshore the Republic of Guinea in West Africa. To find out more, visit our website at www.hyperdynamics.com.
Shareholders call this number and demand an explanation.
Leave a message on the answering machine asking for an update regarding recent company activity and ask them to get back to you at your e-mail address or telephone number. I did today.
Renewal Fuels, Inc (414) 283-2625
1818 N. FARWELL AVE.
MILWAUKEE, WI 53202
Renewal Fuels, Inc. CIK#: 0000096664 (see all company filings)
SIC: 6770 - BLANK CHECKS
State location: WI | State of Inc.: DE | Fiscal Year End: 1231
formerly: TECH LABORATORIES INC (filings through 2007-09-17)
(Assistant Director Office No 9)
Get insider transactions for this issuer.
Marks & Crivello
http://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0000096664
Renewal Fuels, Inc. (0000096664)
SIC: 6770 - Blank Checks
State location: WI | State of Inc.: DE | Fiscal Year End: 1231
formerly: TECH LABORATORIES INC (until 2007-09-17)
Business Address
1818 N. FARWELL AVE.
MILWAUKEE, WI 53202
(414) 283-2625
Mailing Address
1818 N. FARWELL AVE.
MILWAUKEE, WI 53202
Ownership Reports from: (Click on owner name to see other issuer holdings for the owner, or CIK for owner filings.)
Owner Filings Transaction Date Type of Owner
KING JOHN W 0001398609 2007-06-21 officer: CEO and CFO
MARKS DAVID M 0001196126 2007-06-21 director
Crivello Frank P 0001288865 2007-06-21 10 percent owner
FORST BARRY IAN 0001399066 2007-05-30 10 percent owner
MCNEILL MARTIN 0001399063 2007-04-30 10 percent owner
PRESS CRAIG 0001300183 2006-10-31 director
Silverman Donna 0001349085 2005-12-19 director, officer: President, CEO and CFO
STERNBERG JEFFREY 0001299952 2005-03-25 director
KANAKIS GEORGE D 0001282805 2005-03-25 director
BJORNDAL EARL 0001106987 2004-02-25 director, 10 percent owner
CIONGOLI BERNARD M 0001106986 2004-02-20 director, 10 percent owner, officer: President, CEO, FO
Reconcile 13,678,000 shares today? How messy ... are those MM's on crack?
After hours form 't' trades
Buy 5,922,000 @ .05
Sell 3,378,000 @.04
Buy 3,378,000 @ .05
Buy 1,000,000 @.05
What's with the form 't' trades after hours?
Check out the "Trades" list .... wow
... any experts here to help us interpret this?