Renewal Fuels, Inc. (OTCMKTS: RNWF) is heating up and running higher in recent days since exploding out of sub penny land. The stock has quickly emerged as a volume leader in small caps atracting legions of shareholders who continue to bid the stock higher.
Revers Merger plays (RM) are the hottest ticket in penny stocks responsible for many of the biggest winners in recent years. RMWF seems to be the perfect candiate; a clean shell, no debt, no dilution, and the CE was removed on June 15. A website for the incoming merger has been set up here: http://www.rnwfmerger.com
Renewal Fuels, Inc. (OTCMKTS: RNWF) was set up to acquire and invest in emerging growth and profitable companies with dynamic cultures and low overhead. The Company’s goal is to bolster our balance sheet via acquistions, joint ventures, and direct investments in companies. The Company was origionally setup up as Tech Labs with a focus on creating a new paradigm on automating and securing high-tech networks at the physical layer. Its product, DynaTraX(TM), a patented, high-speed digital matrix cross-connect switch with a dynamic new technology, can significantly reduce network downtime and achieve substantial cost savings in data and telecommunications networking environments. DynaTraX(TM) has the ability to create a critical and meaningful solution to stop hackers from intruding into networks and, thereby, to thwart cyber- terrorists. DynaTraX(TM) electronically disconnects a hacker, detected by Intrusion Detection Software, and reconnects the hacker to a simulated network within 60 – 90 nanoseconds and allows the user to hold and trace the hacker.
— Renewal Fuels, Inc (OTC RNWF) (@RnwfMerger) April 9, 2020
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The DynaTraX(TM) switch provides network administrators with the unique capability to remotely manage and maintain the “physical level” (the actual physical connectivity) of their networks from virtually any computer with a few clicks of a mouse on a user-friendly graphical user interface (GUI). This technology allows administrators to quickly and efficiently perform physical changes electronically to repair networking problems (such as loss of connectivity resulting in the need to move a cable to a different hub), or to perform network reconfigurations (moves, adds or changes) to distribution equipment such as computers and telecommunications devices. No longer does a technician have to be dispatched to a telecommunication closet to resolve most networking problems, or to provide changes to users’ existing services on the network.
$RNWF shareholders, we know we promised an update previously but we were sworn to silence the very next day while we negotiated a deal. The new owners will update you once the transition is complete. Thanks for your patience. Good luck. Be well.
— Renewal Fuels, Inc (OTC RNWF) (@RnwfMerger) August 6, 2020
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Currently running northbound in a hurry RNWF is an exciting story developing in small caps; Revers Merger plays (RM) are the hottest ticket in penny stocks responsible for many of the biggest winners in recent years. RMWF seems to be the perfect candidate; a clean shell, no debt, no dilution (OS has not increased in years) and management has stated many times no reverse coming. Big things have been happening behind the scenes as the Company became “pink current” on June 15 when the CE was removed. The Company has also set up the website for the incoming merger here: http://www.rnwfmerger.com as well as created a new twitter account. Justin Costello who has operated many successful MJ companies in the past has come up. RNWF CEO’s LinkedIn page also gives us some preliminary general indicators on the possible nature of operations that Krisa Management, LLC may bring into RNWF. We will be updating on RNWF when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with RNWF.
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Disclosure: we hold no position in RNWF either long or short and we have not been compensated for this article.