Renavotio Inc (fka RIII)

[Senior_Penny]

Anyone hear about the PPE fulfillment center in TN?


DESCRIPTION OF PROPERTY



Our executive, administrative and operating offices are located at 601 South Boulder Ave, Suite 600 Tulsa, OK 74119. We pay $300 per month for shared use of the space on a month to month basis. . We believe that our facilities are adequate for our needs and that additional suitable space is available on acceptable terms as required.



We also own a four-acre 5,500 square foot office complex and a 4000 square foot warehouse in Ochetata, Oklahoma from which our corporate operations, including Utility Management Corp, Utility Management & Construction, LLC and Cross-Bo Construction, LLC, operate from We purchased the office complex and warehouse, which is subject to an SBA loan of $905,163 and requires a monthly payment of $10,125.



We have PPE fulfillment operation in Chattanooga, Tennessee where we operate in a 230,000 square ft facility. We have a monthly minimum operations cost of $750 monthly on a month to month lease basis. All fulfillment operations are on a contract basis and vary month to month.



Our subsidiary Cross-Bo Construction, LLC operates from 3.5 acres of land and a 4,000 square foot facility in Claremore, Oklahoma. The lease is a one-year lease that expires on December 31, 2020 with monthly rent of $2,300, and we intend to renew this lease.