Renewal Fuels, Inc (RNWF)

[OilCan61]

A point most here are missing is that no one knows what the curent OS is. As of the companies last Q filing the AS was 3 billion. There is a good possibility that shares have entered the market between the last filing and now. With YA Global involved here it should be no suprise. How many shares is the question.

Assuming the doc is legit...

The Doc states that CPV will be paying us .12 cents for 64 million shares. In order for us to reduce our share structure down to 64 million there will need to be a reverse split.

Now before everyone starts calling me a basher. The worse case scenario is that all 3 billion shares have hit the market(highly doubtful)but lets do some math.

To get from 3 billion to 64 million would require roughly a 50-1 split.

If you bought 100000 shares at .001 you paid $100

After the split you will have 2000 shares. Upon completion of the deal you will recieve .12 cents
.12x2000 shares = $240.00 Over 100% ROI not bad for a worse case scenario.

Obviously the less shares that have hit the market the better our return will be.

This is AIMHO but needs to be discussed as a reverse split is a very real possibility here( assuming the deal is real).

If the deal is a fake its back to waiting....