Renewable Energy and Power Inc (RBNW)

[Jimmy Da Neck]

When you get to the names given the preferred shares, look them up, pretty impressive and pretty real. I sent a message to Mr.Berend, curious to see if he responds, if not calling the number I found [phone]

RENEWABLE ENERGY & POWER, INC. : Entry into a Material Definitive Agreement (form 8-K)

11/07/2019 | 07:58 pm

Item 1.01 Entry into a Material Definitive Agreement



On August 23, 2019, Renewable Energy & Power, Inc.. (the "Company" or "RBNW")
entered into a Membership Purchase Agreement with Lust for Life Footwear, LLC
("Lust for Life") whereby 100% of the membership interests of Lust for Life were
purchased in exchange for exactly 77,789 shares of Series B Preferred Stock of
the Company (the "Agreement").



Upon further due diligence, management determined that although the final
issuance of 77,789 shares of Series B Preferred Stock of the Company is correct,
the proper structure of the transaction has been amended. Pursuant to an Omnibus
Amendment Agreement between the Company, Lust for Life New York, LLC, a New York
limited liability company ("Lust NY"), Blind Faith Concepts, Inc., a New York
corporation ("Blind Faith"), (the "Amendment") he Company purchased 100% of
Blind Faith. Blind Faith ownership, as a matter of percentages, was equal to the
exact percentages of Lust for Life membership interests. Therefore, on August
23, 2019, owners of Blind Faith representing 100% of the total issued and
outstanding shares were issued, collectively, 77,789 shares of Series B
Preferred Stock of the Company ("Series B Preferred"). As a result, the Series B
Preferred shares were issued as follows:






Shareholder Number of Series B Preferred Shares Received
Karen Berend 38,506
David Berend 16,919
Sarah Malaquias 16,919
Steven Berend 3,112
Linda Redlisky 2,334
TOTAL 77,789

As a result of the transaction, Blind Faith became a subsidiary of the Company.
Lust for Life in turn is a wholly owned subsidiary of Blind Faith.



Karen and David Berend remain the 100% owns of the Series A Preferred Stock,
having super voting rights of the Company.