Renewable Energy and Power Inc (RBNW)

[BeamMeUpScotty]

Just spoke to CEO. He's a good man, seems honest and sincere, and happy to engage with shareholders. He picked up the phone himself this time, as I presume the receptionist was at lunch.

Indeed, one shareholder who owned 5m shares at the time the company reversed in, pretty well drove the price down to where it is today.

He said the accountants said they were hoping to get the filings posted today, but he thinks it's most likely to be next week. I'd presume it will be early next week. The reason the 10K was delayed was because the new accountants they hired wanted to do their own due diligence on the company's books. So you know that when the 10K comes out the accountants have been over everything fresh from scratch.

The old Investor Relations firm, joined up with the 5m shareholder to dump shares into the market. His new firm has said they'd also like to help with arranging the $250K bridging loan.

He expects the $1m contract they signed in December to make the company profitable. He says at the moment they have some quarters where the company is profitable already.

As well as all the stuff he's doing right he is concerned to get the company's share price back to where it was. It is the new Investor Relations company's aim to promote the company and create good product awareness of the company and its products.