Renewal Fuels (OTC: RNWF) issued a statement denying a report circulating on online message boards and social media that falsely claims the company has announced a public offering of common stock. The company confirmed that it has not authorized, filed for or engaged any investment bank to conduct such an offering, and that the document circulating online — which mimics the format of a GlobeNewswire release — is fabricated and was not distributed by GlobeNewswire or any authorized news service used by the company. Management said it is reviewing the source of the false report and urged investors to rely only on official company announcements distributed through verified communication channels.
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