Renewable Energy and Power Inc (RBNW)

[Lord_of_Trades]

They filed for up to a 15 day delay on the 10-K as well. It will be later than that. I did get this reply from the company last week in response to my inquiries on the 10-K before it was released though:

"Renewable Energy and Power anticipates sending out a press release very soon updating what has transpired on this issue, along with other announcements, so please keep watch for that. It certainly took longer than anyone wanted due to unexpected convolutions that we don’t expect to reoccur going forward."

Volume is nonexistent. It is now a game of who is patient enough to wait for profitability. The question is not if, but when. The trends clearly display this. I'll be waiting it out. Many on the OTC markets don't play things that way, hence the slow bleed on 99% of low volume securities on the exchange.

Doesn't matter, this one is on its way to true fundamentals for future profits.


-Lord