Renewable Innovations Inc (REII)

[Renegades17]

Management incentives



The CEO has taken no salary the past two years and the other two officers received very little. They are incentivized primarily through warrants that have an exercise price of $0.20. Perhaps they have a grand plan for the for sale by owner website, but I highly doubt it. They haven't done much with it during the real estate boom over the past two years. Much like RBIZ, I think it's reasonable to expect that they are preparing NBLD for a reverse merger to realize value.

Yes, there will be dilution in any reverse merger, but the float will remain very low in any deal. Shares issued in reverse mergers are restricted typically for at least 6 months. Moreover, the room under the A/S means they can get a deal done quickly without having to get shareholder approval. That is attractive for a potential target.

If you look at Mr. McLeod's background (CEO), he has been a deal guy for some time. As I've stated before, I highly doubt at his age (69) that he's looking to spend several years growing what amounts to a startup.

There is target risk (ie. reverse merger partner), but at the current valuation, an absurdly low $92k, the risk/reward is exceptional IMO.