Renewal Fuels, Inc (RNWF)

[Penny Stocks 2.0]

$RNWF Huge $10-$20 Million, 8-K »»

Item 3.02 Unregistered Sales of Equity Securities
 
On March 16, 2020, the company sold one (1) Special 2019 series A preferred share of the company for an agreed upon purchase price to Krisa Management, LLC. The Special preferred share controls 60% of the company’s total voting rights. The issuance of the preferred share to Krisa Management, LLC. gave the controlling vote to control and govern the affairs of the company going forward.

Krisa is headquartered in Los Angeles, California. Krisa has a revenue of $9.6M, and 49 employees. As of August 2019,...on pace between $10 and $20 million for 2020.