Renavotio Inc (fka RIII)

[PNKBULLSHT]

RENAVOTIO, INC. ($RIII) CLOSES PURCHASE OF ITS $1.7 MILLION DOLLAR ORDER AND ACQUIRES ANOTHER $2.1 MILLION DOLLARS OF PPE MEDICAL EXAMINATION GLOVES
February 24, 2022 12:08

https://www.otcmarkets.com/filing/html?id=15846455&guid=WBw-kqtMGqkHJth

On July 18, 2022, we entered into a Purchase order for $40,575,000 for Cranberry Evolve 300’s, which are 100% powder free nitrile medical examination gloves. The transaction takes advantage of existing inventory that we renegotiated with our overseas suppliers to exchange all of our VGloves in inventory for an agreed to dollar value to purchase Cranberry Evolve 300’s. Our subsidiary, Renavotio Infratech, Inc. (“Renavotio”), has secured a Purchase Order, with delivery planned in August 2022. The recently scheduled shipment of VGloves inventory was canceled to complete the Cranberry transaction. Taking into account the credit and prepaid deposits that both Renavotio and its supplier paid to secure the inventory, which collectively totaled $4,436,000, such amount has been agreed to be deducted from the first order. We plan to receive the product and ship to the client in 3 separate $13,625,000 transactions.

https://www.otcmarkets.com/filing/html?id=15954462&guid=WBw-kqtMGqkHJth

RENAVOTIO, INC. (RIII) ENGAGES CORPORATE ACCOUNTING FIRM AND EXPANDS ITS CRANBERRY GLOVE BUSINESS WITH CONTRACTS TOTALING $177,500,000

The Company has agreed to enter into financial partnerships on its first Cranberry Purchase Orders with funds advanced necessary to complete the transaction with net revenues to Renavotio to be shared 50/50. The initial inspections of the first shipment are scheduled to begin on September 12. The first orders will be sent both by air and sea. The Company expects to receive up to 780,000 gloves by air and additional 6,000,000 to be shipped by sea over the next 12 months.

https://www.otcmarkets.com/filing/html?id=16066982&guid=WBw-kqtMGqkHJth#riii_ex991_htm