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Author Topic: RNRG (Revonergy) News  (Read 1777 times)

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infofurst

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RNRG (Revonergy) News
« on: May 03, 2010, 12:15:09 PM »
LONDON, Apr 29, 2010 (BUSINESS WIRE) -- Revonergy Inc. ("Revonergy" or the "Company"), (symbol RNRG-OTCBB) announces the Company has successfully completed a private placement financing for USD$400,000.

Hong Kong-based Mandarin Venture Capital Inc. has subscribed to purchase 1,333,333 common shares of par value $0.001 (the "Shares") of Revonergy stock at the price of $0.30 per Share for total consideration of $400,000, plus warrants entitling the subscriber to purchase an additional 666,667 common shares at the price of $0.40 per share until 31st March 2011.

The Shares were issued pursuant to Regulation S as an exemption to the registration provisions under the Securities Act of 1933, as amended (the "Securities Act"), and are "restricted securities" within the meaning of Rule 144 promulgated under the Securities Act.

The proceeds from this private placement will be used for general working capital purposes towards the Company's operations.

About Revonergy Inc.

Revonergy Inc. is engaged in the acquisition, design, development and operation of renewable energy power plants globally. The Company is focused on renewable energy projects that have the potential to generate long-term stable cash flows and renewable energy credits. For more information see www.revonergy.com

IMPORTANT DISCLAIMER:

THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN (SUCH AS STATEMENTS RELATING TO THE FUTURE ANTICIPATED DIRECTION OF THE INDUSTRY, PLANS FOR FUTURE EXPANSION, VARIOUS BUSINESS DEVELOPMENT ACTIVITIES, PLANNED CAPITAL EXPENDITURES, FUTURE FUNDING SOURCES, ANTICIPATED SALES GROWTH AND POTENTIAL CONTRACTS) INVOLVE IMPORTANT RISKS AND UNCERTAINTIES THAT COULD SIGNIFICANTLY AFFECT ANTICIPATED RESULTS IN THE FUTURE AND, ACCORDINGLY, SUCH RESULTS MAY VARY MATERIALLY FROM THOSE EXPRESSED IN ANY FORWARD-LOOKING STATEMENT MADE BY OR ON BEHALF OF THE COMPANY.

SOURCE: Revonergy Inc.

infofurst

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Re: RNRG (Revonergy) News
« Reply #1 on: May 04, 2010, 12:33:32 PM »
After a quiet weekend Revonergy, RNRG.OB, has news today regarding their next project here http://tinyurl.com/35dum8v. Any thoughts on the news release or RNRG in comparison to AJGH.OB (AMER JIANYE GREENTEC http://finance.yahoo.com/q?s=ajgh.ob) which is another Alternative Energy company in the sector? Both seem to be trying to change the face of power production across the world.

infofurst

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Re: RNRG (Revonergy) News
« Reply #2 on: May 06, 2010, 01:44:40 PM »
Another tough day in the market today. Revonergy slipped a bit but held strong at the base. Do we see a way out of this? OF course, there is always an upswing. Like they say it is always darkest before dawn, and its been dark for several years now. So keep plugging along, stay on your due diligence and make your own future!

infofurst

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Re: RNRG (Revonergy) News
« Reply #3 on: May 10, 2010, 06:30:09 PM »
Alright guys,

Finally the market has started to rebound and we should see some movement soon. RNRG (Revonergy, Inc) had some more news today, see it here at PPD http://pennypayday.com/blog/archives/252. They seem to be moving in the right direction and going after more and more projects. Please take a look at the news and let me know what you think about it.

Sean


P.S. Another company i have received a bunch of alerts on this weekend is TLAN (Talent Alliance, Inc) the latest alert I got was also a PPD pick at http://pennypayday.com/blog/archives/254. Any thoughts on this one PM me. What to see if you see it moving like PPD obviously does.

infofurst

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Re: RNRG (Revonergy) News
« Reply #4 on: May 17, 2010, 12:46:48 AM »
Happy Monday all,

I hope everyone had a great weekend and is ready to hit the research hard today. Friday,

Revonergy's CEO, Ravi Daswani was interviewed by CEO Cast and discusses the Company's approach to unique opportunities in the Waste-To-Energy business. Check out the Revonergy Blog for more info on the interview http://revonergy.com/index.php?option=com_k2&view=item&id=3:revonergys-ceo-interviewed-on-ceo-cast

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