InvestorsHub Logo
Followers 0
Posts 5
Boards Moderated 0
Alias Born 07/24/2018

Re: None

Monday, 08/13/2018 1:26:54 PM

Monday, August 13, 2018 1:26:54 PM

Post# of 5295
An open message relative to the status of Renovate Neighborhoods Inc.
From its CEO, Martin Rubin. Points of contact Direct Phone: 954-376-9631. Personal Email:
msr44@aol.com
The company is functioning and has in fact signed agreements for the development of properties. We are preparing an update and release for our OTC site. If any individual seeking information relative to anything posted on this or any social media site, please feel free to contact me personally at the information furnished herein. I will respond in sincerity and in conformance to permitted release of information as dictated by governing regulatory agencies.
The company is being operated in compliance with all governing regulatory agencies. We make a great effort to maintain that status. As of recent, an investor informed us that we were out of compliance and in fact were guilty of a number of infractions based upon their attorney reviewing our books and records for which we voluntarily submitted records for review.
Accompanied with that statement were numerous written communications that simply stated that if we return monies to them that they would not disclose the nature of these alleged infractions. This has been documented by this party in numerous texts etc. Our position was and is that we requested to find out what it is that they allege is wrong so it can be corrected for the benefit of the company and its stockholders. Their furnished written reply was that all they wanted was the money and that they would refrain from letting other people know about these alleged infractions, if we returned their money.
In the interim, these allegations were transmitted to a number of people in and outside of the company, which created an aura of suspicion as to the operation of the company. Our formal position is -please disclose these allegations to the public and or any regulatory agency we are governed by and we will, if in actuality guilty of same even inadvertently, we will refund the monies in question. This disclosure has yet to be made, and our position is while there remains this innuendo of wrongdoing, we cannot render any payments to any party as it is an admission of guilt where there is no wrongdoing.
We have been advised that the scenario surrounding these statements is nothing more than an attempt to blackmail and extortion. I have personally met with a representative of the Florida State Attorney’s Office and intend to pursue a formal action relative to these false allegations. In business, it is not uncommon for market conditions to bring about changes relative to projections, timelines, etc.
Presently, there are two investors that are pursuing the path of false statements and accusations, for which they will be dealt with accordingly. It is the intention of both me and the company to move forward in a positive fashion. Once again, I invite all those parties that wish to speak to me to either phone or email me. If you believe that the company or I are guilty of any wrongdoings, please feel free to contact the appropriate regulatory agencies and state your position.

Respectfully submitted,
Martin Rubin, CEO
Renovate Neighborhoods Inc.

The 2018 Florida Statutes
Title Chapter 836 View Entire
XLVI DEFAMATION; LIBEL; THREATENING LETTERS AND SIMILAR chaplet
CRIMES
OFFENSES
836.05 Threats; extortion.—Whoever, either verbally or by a written or printed communication,
maliciously threatens to accuse another of any crime or offense, or by such communication maliciously threatens an injury to the person, property or reputation of another, or maliciously threatens to expose another to disgrace, or to expose any secret affecting another, or to impute any deformity or lack of chastity to another, with intent thereby to extort money or any pecuniary advantage whatsoever, or with intent to compel the person so threatened, or any other person, to do any act or refrain from doing any act against his or her will, shall be guilty of a felony of the second degree, punishable as provided in s. 775.08Z, s. 775.083b, or s. 775.084.
History. —s. 42, sub-ch. 3, ch. 1637, 1868; RS 2420; GS 3261; RGS 5092; CGL 7194; s. 1, ch. 57-254; s. 991, ch. 71-136; s. 1307, ch. 97-102.
Copyright (0 1995-2018 The Florida Legislature • Privacy Statement, • Contact Us