Replies to post #17537 on Renuen Corp. (RENU)

[Panther]

I agree with you that there is a demand for this type of service and together with Team Energy there should be a nice profit and that should help this share price . but they need to get the ball rolling and close fins , then get to the next step ( whatever that may be according to management ) and I say that because they are being very quiet again.

[ScrChamp606]

I agree with your statement. I make my living in the green energy sector, and there is a lot of money to build these types of devices. The biggest issue, however, is that each one almost needs to be specifically tailored to its application site. These are not "cookie cutter" products (like our website, HA!). Each one requires development work.

[manufan]

I am a CPA so I can attest that financials take some time if they are going to be accurate, especially if one has to unravel a mess. I have been involved in cases where we had to create the books since none existed as no in house accountant was on staff and the entire company was being run through the "owners" checkbook. We had to make numerous inquiries, find unrecorded transactions especially liabilities which are often not recorded until paid, look for agreements and contracts which may or may not be material in amount or nature. Lots of things someone has to get their hands around especially for a first time filing. I am happy in a way that this is taking some time, since it tells me that what does eventually come out should at least be accurate.