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Re: Uhitit1 post# 5219

Tuesday, 06/02/2020 4:16:45 PM

Tuesday, June 02, 2020 4:16:45 PM

Post# of 5571
I was looking at some of that stuff but I could not find anything about the assets of RCK Development LLC

They need to have at least some assets in order to maintain market cap.

125,048,768
100:1 Reverse
1,250,488
+ new issuance
22,500,000

New OS 23,750,488


https://backend.otcmarkets.com/otcapi/company/dns/news/document/41949/content


CWNR Executes Binding LOI with Public Redevelopment Company.

PRESS RELEASE June 1, 2020 Crosswind Renewal Energy Corp. (CWNR) an Oklahoma Corporation executes a inding Letter of Intent (“LOI”). CWNR, a publicly traded company has executed a binding LOI to acquire 100% of RCK Development LLC, a Florida company with deep roots in South Florida. RCK Development is a public community oriented real estate redeveloper targeting economic and opportunity growth zones in secondary and tertiary value added markets.

The terms of the LOI were drafted to enable both companies to maximize their integration and include a conversion and removal of all the pre-exisRng debt of CWNR, as well as a reverse split of 100:1 and the issuance of an additional 22,500,000 restricted shares in exchange for 100% of the outstanding shares in RCK Development LLC. The respective Boards of Directors of both companies view this transaction as highly beneficial to both sets of shareholders, particularly given the detailed master plan of the proposed asset contribution by RCK Development.


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