x min read

RENEWABLE ENERGY & COM USD0.001 (POST REV SPLI (OTCMKTS:RBNW) Is A Top Green Energy Play

RENEWABLE ENERGY & COM USD0.001 (POST REV SPLI (OTCMKTS:RBNW) Is A Top Green Energy Play
Written by
Jarrod Wesson
Published on
August 29, 2017
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook
InsidrFinancial

RENEWABLE ENERGY & COM USD0.001 (POST REV SPLI (OTCMKTS:RBNW), which provides solar and wind power electric generation and LED lighting, was a big mover in the month of August. The share price spiked and the amount of shares exchanged increased as a result of several good news items that hit the market in August.The list of good announcements included that the company will design custom lights for the new Las Vegas Raiders Stadium and a division of the company, LED Lites USA, had commenced a campaign on eBay, Craig's List, Facebook, Twitter, and Amazon in order to increase the visibility of its products.We will provide all the details in this article and will also assess the most recent quarterly earnings release, which the market received also in the month of August. But, before we discuss any of the news, have a look at the most recent share price action: RPNW 1 Year Chart RPNW 1 Month ChartSourceBusinessRenewable Energy and Power, Inc. was incorporated in Nevada on October 15, 2012. According to the company materials, the business objective of the company is described as follows: "Renewable Energy and Power Inc. plans to provide renewable energy that is competitive with fossil fuels by employing proprietary new technologies, and combining them with existing solar and wind power generation and LED lighting."The two divisions of RBNW comprise of Solar Hybrid, and LED Lites USA. The target markets are the USA, Germany, Spain, and possibly South America. In the United States, there seems to be several tax incentives, thus there are interesting business opportunities in several states. We have highlighted several companies profiting from this type of businesses models in the country. Thus, for more information, we recommend to read our articles.Recent DevelopmentsOn August 1, 2017, the market got to know that the company was designing custom lights to be submitted for possible use in the new Raiders football stadium to be constructed in downtown Las Vegas. The most interesting seemed to be the following words said by the Company CEO Donald MacIntyre:

"For the new Raiders stadium we're considering a number of design modifications that should thrill the fans -- lights that look like footballs with the Raiders' logo, for instance. We want our new home team's stadium lighting to be of the highest quality, both in functionality and aesthetic design." Source

Additionally, on August 17, 2017, the company communicated that the social media outlets of eBay, Craig's List, Facebook, Twitter and Amazon are being used to make the company more visible in the marketplace. We appreciate the fact that the company is making efforts to communicate its LED lighting product line more effectively. In our opinion, these efforts may increase the revenue line, and ultimately increase the share price as a result. The CEO, Donald MacIntyre, said the following about the new efforts:

"Social media allows LED Lites USA to expand its presence in the marketplace beyond the traditional methods of reps and face-to-face sales, mailing catalogs and flyers, attending trade shows, email marketing and the like, Consumers as well as commercial entities are increasingly turning to the lower cost and more reliable LED lighting, and this campaign allows us to get our attractive product line before the end-user directly, as well as increasing the name-awareness of the company." Source

Recent quarterly releaseWe could have a look at the most recent 10-Q, wherein the assets and liabilities were shown for the period ended on June 30, 2017. The following were the most significant accounts:

  • Cash: $85,730
  • Accounts receivable, related party: $1,163,053
  • Total assets: $1,602,388
  • Total liabilities: $3,161,503

Additionally, it was noted that the company recorded $184,749 in revenues and a gross profit of $40,749 for this period. Furthermore, in the document, we could find some information regarding the tax incentives obtained by the company in the US. Read the following text from the company obtained from the company materials:

"The Federal Energy Policy Act of 2005 offers tax incentives to energy-efficient commercial buildings. Any building that can cut its lighting power density by 25-50 percent is eligible to receive a tax reduction of 60 cents per square foot. By converting to LED bulbs, companies can reduce their electricity consumption for lighting by 60 percent. Not only do LED users see immediate reductions in their energy bills, they also receive government endorsed tax incentives for making their buildings more energy efficient. " Source

ConclusionRBNW delivered interesting news in August that we believe made the market react. In our opinion, the fact that the company is designing new models for the new Raiders football stadium was the most relevant announcement. We believe that if the company is able to sign an agreement on the new stadium, the share price will be a big runner. We need to be alert on this matter. Additionally, new information regarding how RBNW is able to obtain further tax incentives in the US authorities will help the share price as well. To sum up, there are many things to like with 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 B. K. via FlickrDisclosure: We have no position in RBNW and have not been compensated for this article.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.