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RENEWABLE ENERGY & COM USD0.001 (POST REV SPLI (OTCMKTS:RBNW) Due For A Rebound

RENEWABLE ENERGY & COM USD0.001 (POST REV SPLI (OTCMKTS:RBNW) Due For A Rebound
Written by
Jarrod Wesson
Published on
October 26, 2017
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In our last article about RENEWABLE ENERGY & COM USD0.001 (POST REV SPLI (OTCMKTS:RBNW), we noted many good factors about this energy company.The most interesting was that RBNW was signing new agreements and Letter of Intent agreements with big organizations, such as the Raiders football stadium. Additionally, we highlighted the fact that the company was able to receive tax incentives from the US authorities. We also said that these facts should be appreciated by the market participants.After a decline in the share price, it seems that the current price has drawn the attention of some market participants. The recent increase in volume at the level of $0.01 seems to show that either announcements are finally creating stock purchase orders or the share price is undervaluing the company.We will provide more details in this article, but first have a look at the amount of shares that changed hands. More than 20 million shares were bought and sold some days: 1 month chart for RBNWLet's briefly review the business model of RBNW for those who are not aware of the company. Renewable Energy and Power, Inc., "provides Green Energy that is competitive with fossil fuels by employing proprietary new technologies in combination with existing solar and wind power electric generation and LED lighting." It is headquartered in Las Vegas and was incorporated in 2012 in the State of Nevada.Recent DevelopmentsOn September 29, 2017, the LED division of RBNW showed its extensive LED line of products at the recent WESTEC Trade Show at the L.A. Convention Center, the West Coast's leading manufacturing event. Donald MacIntyre, President of the company, explained that the company is able to capture the interest "of the many companies that have considered switching to LED lighting to lower energy costs directly and through the lower heat generated by LEDs." Furthermore, we believe that it was an opportunity not only to increase industry awareness, but also to increase customer and shareholder awareness, which usually helps the share price performance in the long term.Additionally, it was said that more trade shows are being planned and the goal is to be the number one LED Lighting company exhibiting at the shows. We believe that the market will appreciate the efforts.On October 6, 2017, the company announced that it is in talks to establish three new sales and distribution centers serving Los Angeles, San Diego, and Mexico for the company's LED lighting products. RBNW explained that the previous trade show helped the company find clients. The following were the most interesting words said by Donald MacIntyre, President of the company:

"We are now in talks with a number of companies to stock and distribute our product in the Los Angeles, San Diego and Mexican markets. We're keying on companies with the expertise to assist our customers on-site for their new or retrofit needs, rather than just selling product." Source

We need to be alert on the company's announcements, as these conversations may help RBNW sign new deals that would bring new potential revenues. They may be a significant catalyst for the stock, which could send the price higher.Has this LED technology any competitive advantage?Yes, according to the company, LED lighting "lowers energy costs directly and by lowering cooling bills as less heat is generated by LEDs."On October 18, 2017, the company highlighted that it is in talks to distribute several innovative products manufactured by ARK Lighting of Shenzhen, China, in the United States. We don't know whether the trade shows helped in obtaining these potential clients. But, in any case, this is a great news. The following information was given about the talks:

"LED Lites USA is negotiating to be the distributor of a versatile magnetic-mounting and dimmable LED lighting strip, which allows easy replacement of non-LED lighting in virtually any application. The magnetic backing of the LED strip lighting, with a lifespan of over 80,000 hours, allows the strips to be placed in an existing fixture in seconds.""Additionally, LED Lites USA will offer LED Tube Lighting designed to allow rotation of the tube to direct the lighting to specific areas, a dramatic improvement over existing LED Tube Lighting." Source

Again, we need to note that these were only conversations and an agreement has not been signed yet. Keeping track of the next announcements may be very profitable, as a deal could push up the share price. ConclusionCurrently trading with a market cap of $0.5 million, RBNW is an exciting story among small caps. With $0.9 million in total assets and $1.1 million in total liabilities, we believe that new capital may be needed soon. In our opinion, given the current growth of the company and its initiatives, raising new funds will not be a problem. Hence, in this particular company, we encourage readers to check mostly the new agreements with other partners. This is what seems to be diving the trading volume and could drive the share price soon!Be sure to check out our coverage on RBNW!We will be updating our subscribers as soon as we know more. For the latest updates on RBNW, sign up below!Image courtesy of Adam Greig via FlickrDisclosure: We have no position in RBNW and have not been compensated for this article.

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