Renewable Energy and Power Inc (RBNW)

[WeGetMoney]

I'm more concerned with the facts when I see a Q...not speculation

I'm not even remotely close to a basher... I am just being honest with the data I've been provided.

Also, this is not saying there will be no news to pump this stock..but IMO, this is just a tax write off
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What I do know is:

BALANCE SHEET

Assets increased a little over 100 percent

Liabilities increased a little under 200 percent

Debt Ratio is now garbage... If this is the ratio they increase by ..please watch out... for every 1 point increase in assets...expect a 2 point increase in liabilities...
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Convertible Debt

March 3rd, 2017 - $68,126 - DEFAULT
March 20, 2017 - Conversion occured leaving $66,926 due
April 6, 2017 - Conversion occured leaving $64,525 due

OCT 21, 2016 - $40,000 - Oct 21, 2017 Maturity Date

Dec 28, 2016 - $118,568 - Dec 31, 2017 Maturity Date

Apr 3, 2017 - $78,000 - Jan 15, 2017 Maturity Date

Apr 12, 2017 - $30,000 - Apr 12, 2018 Maturity Date

Apr 28, 2017 - $45,000 - Apr 28, 2018 Maturity Date

May 10, 2017 - $55,000 - May 10, 2018 Maturity Date

May 31, 2017 - $53,000 - May 31, 2018 Maturity Date

Jun 26, 2017 - $110,000 - Dec 26, 2018 Maturity Date

Jul 7, 2017 - $53,000 - May 15, 2018 Maturity Date

Jul 11, 2017 - $250,000 - May 10, 2018 Maturity Date
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So my questions would be ...

Why do you let an issue default if you are stable financially?

Why are you issuing toxic debt?

Massive dilution is on the way here... It had a good run... But the financials look like trash to me