Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Transparent Traders Message Board

$RBNW - News Out - Renewable Energy and Power Anno

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 4506
(Total Views: 760)
Posted On: 04/24/2018 9:03:59 AM
Avatar
Posted By: jonny_red32
$RBNW - News Out - Renewable Energy and Power Announces Conversion Halt with 47% of Short Term Debt

Las Vegas, NV, April 24, 2018 (GLOBE NEWSWIRE) -- Renewable Energy and Power (RBNW), an LED lighting solutions company, today announced it has completed its measures to consolidate the company’s investors to a single entity committed to the long-term growth of the company.

This event has led to a limitation of short term lenders with convertible debentures available, only one remaining of the three prior lenders.

Because of the agreement of the remaining note holder to a “leak-out” provision where they will limit their conversions and stock sales as well as a commitment to further financing, management will be able to advance its important initiatives including obtaining approval for California and Texas energy incentive programs, and its patent-pending ultra-violet germicidal irradiation ceiling lighting fixtures.

“Previously, the company had a number of convertible debenture noteholders with conversion rights,” said CEO Donald MacIntyre. “As the stock price rose, they would put more shares into the market driving down the stock price. Now we’ve consolidated that pool to a single investor with conversion rights, committed to support of our efforts for long-term growth and penetration of new markets.”

About Renewable Energy and Power

REAP seeks to make the Green Energy market cost competitive with fossil fuels through innovation in solar, wind-power and LED lighting. Federal and state legislation in the United States provide for tax incentives that drive businesses and consumers to replace older technologies with new solar and LED alternatives of the types offered by REAP. www.reappower.com


(0)
(0)




Engineer by trade & Swing Trader at Heart!

Join Webull today and get up to 75 #FREE stocks!
Get started >> Register with my referral link now>> JOIN HERE NOW


CLICK TO SEE --> Engineer, Design,& Build Packaging Equipment










Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us