Replies to post #26293 on Renewable Energy and Power Inc (RBNW)

[onfirestocks]

No one has been able to sell other than to take a loss in the last 12 days. What a devil stock. This is a week that someone could maybe sell for a profit. Let's see or does the red streak continue

[Drugdoctor]

No actually it depends on auditors and audits and on FINRA and OTC Markets accepting the audited financials... There are lots of variables... However, there is the fact that this merger has been happening for several months, and that Karen Berend said they are working diligently to get the financials done... Therefore I expect action sooner - rather than later - but call bullshlt on the 1 year estimates I am seeing.... next..

[investgood]

Not exactly. Shell companies run on what can almost be considered a 12 month probationary period. The actual translation for LFL to converge can be done in as little as a few weeks however it is extremely meticulous and expensive for them to stay in compliance in order to upgrade to otc.

There are a handful of attorneys on youtube that have explained this process. Just check reverse merger and you will see.

This lady lays it out fairly clear: