808 Renewable Energy Corp (RNWR)

[easymonee]

RNWR... It is going to go on a huge run based on real profits, came close to net profit last qtr. and they are just getting started. No dilution, 800K in the bank, 50 million float, CEO owns the rest. This is a LONG TERM investment, it is not a day trade, you will lose money trying to day trade it. PR today about a new model of EV. and one last month with EZGO (Nasdaq partner) see below the numbers for the PR.

Looking at 62 million $$ in revenue their first full year. Gyroplanes 100 at avg of 125K each = 12 million, Trike vehicles 2000 at avg of 25,000k = 50 million. They already have a pending order for 10 gyroplanes listed in the form 10 just filed. Production is starting in this qtr. on the trikes.

Part of the news release from EZGO,
According to the tri-parties agreement, EZGO will start the trial production phase in late 2021 and the target output is 100 gyroplanes and 2,000 electric reverse trike vehicles by 2022. Scheduled production will be determined by the market demand and orders received from Silverlight.

The term of the strategic cooperation agreement is 10 years. It will be automatically renewed for another 10 years.

GLTA