Replies to post #20749 on Renewable Energy and Power Inc (RBNW)

[mikep01]

You do know Karen’s name carries weight right?

[QTRADERQ]

GONZILEE have you read the MOU (aka Omnibus Agreement)? YOU HAVEN'T since its not public. WHAT IS PUBLIC IN THE FILING is the conversion rate of Preferred B shares within 6 months by various 'Berend' family members and their attorney. The Lust for Life NY LLC entity you referenced will facilitate those transactions. Do you understand now?. The corporate structure is all clearly laid out in the PR. Both the FILING & PR clearly say LIFE FOR LUST FOOTWEAR LLC is a subsidiary of RBNW via the BLIND FAITH CONCEPTS, INC entity. It's all legit and RBNW at $0.021 is HUGELY undervalued.

wrong company. you are talking about lust for life FOOTWEAR which is not part of RBNW.

[QTRADERQ]

PROOF ~From filing

On August 23, 2019, Renewable Energy & Power, Inc.. (the “Company” or “RBNW”) entered into a Membership Purchase Agreement with Lust for Life Footwear, LLC (“Lust for Life”) whereby 100% of the membership interests of Lust for Life were purchased in exchange for exactly 77,789 shares of Series B Preferred Stock of the Company (the “Agreement”).

As a result of the transaction, "Blind Faith" (Concepts, Inc.) became a subsidiary of the Company. "Lust for Life" in turn is a wholly owned subsidiary of "Blind Faith".

* The amendment to the MOU you referenced GONZILEE simply substituted Lust for Life New York, LLC to facilitate conversion of Preferred B shareholders into common within 6 months of per filing.

https://www.otcmarkets.com/filing/html?id=13726181&guid=IVpSUKABeEClJth

JMO

[QTRADERQ]

MORE PROOF ~ From PR

Lust for Life, LLC (“Lust for Life”), a wholly owned subsidiary of Renewable Energy and Power, Inc. (RNBW:OTCPink) announced today the launch of its much anticipated direct to consumer ecommerce site, www.lustforlifeshoes.com

Renewable Energy and Power, Inc. (RNBW:OTCPink) is a holding company for apparel lines with both direct to consumer and wholesale sales to national retail chains. Previously, the Company was focused on renewable energy projects, however, in August 2019, with the acquisition of Blind Faith Concepts, Inc., which holds 100% of Lust for Life, LLC, the Company’s management determined to shift operations to focus on apparel.

* The amendment to the MOU you referenced GONZILEE simply substituted Lust for Life New York, LLC to facilitate conversion of Preferred B shareholders into common within 6 months of per filing.

https://www.otcmarkets.com/stock/RBNW/news/story?e&id=1477461

JMO

[The Whale]

Gonz is right. Plus Karen is diluting because she owes back taxes on the other company. At least, that's the rumor.


$RBNW


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