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OTC Stock Review: Award Winning Small Cap Stock Picks Since 2004 |
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Renavotio, Inc. (OTCQB: RIII) is a holding
company with internationally-recognized businessman, veteran
entrepreneur and original Shark Tank investor, Kevin
Harrington, on its Advisory Board. RIII is an infrastructure
play and the Company intends to acquire infrastructure
companies with Personal Protection Equipment sales and
manufacturing, utility construction, consulting/operational
agreements with small towns or county CO-OPS that operate
their own water and sewer systems, providing long-term
savings, utilizing smart-utility monitoring, and dedicated
engineering and service personnel. These platforms capture
utility data from hand-held GPS devices or in-place sensors,
with planned use of drones to identify waste contamination,
leak detection, and topographic underground utility
installation planning.
The infrastructure business is big business and there are a
slew of small to mid-sized companies for RIII to acquire.
According to a June 9, 2020 article in Forbes, "The $3.6
trillion annual global infrastructure market is one of the
most important, complex, challenging - and potentially
rewarding - markets in the world. It is also deeply in
crisis from the Coronavirus epidemic." Opportunities are
ripe for RIII, especially since the Senior Management Team
has close to 200 years of combined business experience.
Rebuilding and expanding America's infrastructure is at the
top of everyone's list. Our country's roads, airports,
energy, water, and telecommunication systems are in the
worst shape they have been in for decades, 5G installations
are in full swing nationwide, and we can't make PPE like
gowns, hand sanitizer, masks, and disinfecting cleaners fast
enough. Regardless of whether it is democrats or
republicans, infrastructure stocks are hot, especially if
you're betting on a post-vaccine economic recovery, like a
lot of the pro money managers are. With construction
spending already on the rise, RIII has big potential.
For Q3 2020 RIII posted unaudited revenue of $2,149,095.00
and gross profits of $890,601.00. This is significantly
higher than Q3 2019 revenues and gross profits, which were
$890,601.00 $123,547.00 respectively. So, here's a company
that more than tripled revenues and gross profits year over
year, but the stock is trading near its low. It's not
because management is lazy - these guys work hard. In my
opinion, it's because not a lot of people know about RIII.
We're getting ready to change that. But, it's really not up
to us. We can tell a million people about RIII, but
management has to deliver for the stock to be a big winner.
I think these guys will deliver. Check out the top
management and you will probably agree with me.
Management
William C. “Billy” Robinson – Chairman & CEO
William Robinson, Chairman, CEO, President,
Secretary/Treasurer - William Robinson has 34 years of
founder/officer/director experience, including (a) From
December 2017 to December 2019, he was the CEO/Founder of
Essential Services Group, Inc., an infrastructure company;
(b) From January 27, 2020, to present, he has been the
CEO/CFO of Han Teng Technologies, Inc. from September 2017
he has been founder Chairman/CFO of R Squared Technologies,
Inc. acquired by Han Tang Technologies, Inc. which company
is quoted on OTC Markets under the Pink Sheets; (c) from
April 2009 to March 2017, he was the CEO/Founder of CAVU
Resources, Inc., a diversified holding company, which
company is quoted on OTC Markets under the Pink Sheets.
William Robinson was previously licensed with FINRA as
Series 7, 6, 63, 65 while employed at Prudential Securities,
Paine Webber, and Anderson Bryant Securities. William
Robinson studied business and finance at the University of
Oklahoma and Northeast University from 1974 thru 1979.
Robert “Bob” Mackey – COO/Director Nominee
Dr. Robert Mackey, Director, and Chief Operating Officer -
Robert Mackey has the following experience: (a) over 24
years of experience in Industrial and Project Management; 17
years of experience in cellular and continuous manufacturing
as a Maintenance Supervisor, Plant Engineer, Corporate
Engineer, Plant Manager, Engineering Director, Vice
President, and President/CEO; 4 years military experience in
Industrial Electricity and Process Automation from
entry-level Technician to Maintenance Supervisor.
Additionally, he has extensive experience with progressive
management systems such as Deming, Six Sigma, and Lean
Manufacturing, experience in strategic planning, budgeting,
and execution of operational and capital plans and budgets
in both cellular and continuous manufacturing operations,
planning, and managing supply chain distribution channels.
Robert Mackey is also the President/CEO of Utility
Management and Construction, LLC, and Cross Bo Construction,
LLC, which companies are now RIII subsidiaries. From 2014 to
2018, Mr. Mackey was Vice President and Director of
Engineering at Burford Corporation, a Bakery Equipment
Manufacturer in Maysville, Oklahoma. From 2009 to 2017, he
was the Engineering Director of The Bama Companies, Inc. a
bakery company located in Tulsa, Oklahoma, and managed the
engineering functions for Burford. From 1990 to 1995, Robert
Mackey served in the United States Army as a Maintenance
Supervisor and Prime Power Production Technician and was
responsible for troubleshooting and problem isolation of 3
phase industrial power equipment. He was decorated 3 times
for superior work performance. He received a Bachelor of
Science Degree in Mechanical Engineering, Master of Science
in Engineering and Technology Management, and a Doctor of
Philosophy in Biosystems Engineering from Oklahoma State
University.
Kevin Harrington – Advisory Board Member
Kevin Harrington is probably best known for being one of the
original "Sharks" on the hit television series Shark Tank
produced by Mark Burnett. The show gives budding
entrepreneurs the chance to pitch their products to a panel
of acclaimed judges in hopes of turning their ideas into a
successful business reality.
Kevin Harrington, chairman and founder of TVGoods, Inc., is
widely acknowledged as a pioneer and principal architect of
the infomercial industry. In 1984, Kevin produced one of the
industry's first 30 minute infomercials. Since then, he has
been involved with over 500 product launches that resulted
in sales of over $4 billion worldwide with 20 products that
reached individual sales of over $100 million.
Kevin founded Quantum International, Ltd. in the mid 1980s,
which merged into National Media Corporation in 1991. Under
his leadership as President, National Media reached $500
million in annual sales, distributing in over 100 countries
and 20 languages. This company’s success has been chronicled
in a case study at Harvard/MIT for over a decade.
Kevin was also CEO of several other entrepreneurial
companies including HSN Direct, a joint venture with Home
Shopping Network, in 1994 and Reliant International Media in
1997. Reliant International Media was sold in 2007.
Throughout his career, Kevin helped to establish two of the
most important and recognized global networking
associations: the Entrepreneur's Organization, or EO
(formally known as the Young Entrepreneurs’ Organization)
and the Electronic Retailing Association, or ERA. Today, the
EO has 113 chapters in 38 countries and more than 924,000
members. The ERA represents the $125 billion electronic
retailing industry and is comprised of over 450 member
companies and subsidiaries that use the power of electronic
retailing to sell directly to consumers via television,
radio, Internet and wireless media in over 100 countries
worldwide.
He recently released a book entitled "Act Now: How I Turn
Ideas into Million-Dollar Products" that chronicles his life
and experiences in the DRTV industry.
Business Model
RIII operates the following infrastructure and medical
platforms through e-commerce, platform sharing; and
database-membership:
1. Fiber optics and 5G installation
2. Utility management
3. Medical technology
4. PPE infrastructure products
5. Underground utility construction
Operations are conducted through:
1. Renavotio Infratech, Inc. (“RII”), a Delaware Corporation
and its subsidiaries
2. Utility Management Corp (“Utility Management”) and its
two Subsidiaries, Utility Management & Construction, LLC
(“Utility Management LLC”) and Cross-Bo Construction, LLC
(“Cross-Bo LLC”)
Renavotio Infratech, Inc.
Renavotio Infratech sells personal protective
equipment (medical gloves, face masks, face shields, medical
gowns). Renavotio Infratech has purchased these products
from overseas manufacturers; however, due to price gouging
and speculation pertaining to the Pandemic related market,
Renavotio Infratech seeks to develop relationships and
agreements with manufacturers in the US to provide fixed
price agreements to hospitals, medical distributors, and
government agencies.
Utility Management Corp
Utility Management offers thru its subsidiaries the
following:
1. Management and operation of water utility systems
2. Water and waste management technology
3. IoT
4. Underground infrastructure, construction, and
installation
5. 5G technology solutions.
6. Utility Management & Construction LLC (Utility Management
Subsidiary) (“UMCCO”)
UMCCO is an engineering and smart utility management company
that provides a one-stop solution for rural communities to
reduce the consumption of electricity, natural gas, and
water utilities for commercial, industrial, and municipal
end users. UMCCO’s unique approach creates immediate bottom
line savings for clients, by providing the engineering,
planning, permitting, and installation through their second
wholly-owned subsidiary, Cross-Bo Construction (“Cross-Bo”),
an Oklahoma limited liability company, specializing in
water, sewer, Telcom, and 5G design and installation,
establishing a long-term value proposition while also
achieving respective sustainability goals.
UMCCO also provides consulting and operational services to
small towns or county CO-OPS that operate their own water
and sewer systems to provide long-term savings, utilizing
smart-utility monitoring and dedicated engineering and
service personnel. These utility related platforms capture
utility data from handheld GPS devices or in-place sensors,
with planned use of drones to identify waste contamination,
leak detection, and topographic underground utility
installation planning. As a community-based management
company based in Oklahoma, it specializes in the management
and operation of small utility systems (Rural Waters Systems
or Public Trusts or Authority), including record keeping,
reporting, budgeting, customer correspondence, billing, and
engineering. Utility Management provides services to over
1200 customers in the Northeast Oklahoma and Southeast
Kansas area and intends to expand into other areas of the
Midwest.
UMCCO provides geographic information system (“GIS”)
solutions, infrastructure management and “smart city”
infrastructure technology to construction, environmental
consulting, utility, and government clients in the United
States. (A “smart city” is an urban area that uses different
types of electronic Internet of Things (“IoT”) sensors to
collect data and them to manage assets and resources
efficiently.)
The Utility platforms enables local and distributed teams to
do field data collection using mobile devices (iOS and
Android) and manage all geospatial data using a web
interface; and
The Utility Platforms are a collection of components and
application program interfaces (APIs) that make it easy to
create a full, custom mapping solution very quickly. These
components enable extensive and intensive data analysis,
routing, and dissemination of geospatial information.
UMCCO has licensed products that use of georeferenced
imagery and vector datasets to obtain insights about that
data. They can be used for field asset management, cadaster
mapping, urban planning, the analysis of aerial and
satellite imagery and other typical GIS use cases. These
solutions are currently used across a variety of sectors,
including utilities, intelligence, materials (mining),
industrial (transportation), government (local, state,
national and international) and others. In addition, UMCCO
has been using this software user for more than three years,
these solutions to help map and visualize the locations of
subsurface as-built conditions. Going forward, Bravo expects
to expand its use of these solutions to locate and map
underground telecoms infrastructure. RIII intends to o
invest in research and development to increase the
functionality this technology, including incorporating
active IoT sensor monitoring and network-connected sensor
products that can help create a comprehensive “smart
infrastructure” solution for clients. RIII intends to pursue
commercialization of these solutions through investment in
product, sales, and business development, and to integrate
these platforms into its Infrastructure Services business.
UMCCO’s solutions leverage cloud technology and a
mobile-first approach to data acquisition and geo-analytics.
The solutions are a set of cloud-based tools to collect,
visualize and analyze geographic information. With the UMCCO
solutions, a field crew can collect and update data using
iOS and Android smartphones and tablets working online or
offline. The web interface enables its users to display,
analyze and share data easily. Incorporating these solutions
allows organizations to streamline mapping workflows and
reduce repetitive mapping workflows. On occasions where the
customer has a pre-existing GIS or computer-aided design
(CAD) system, APIs and plug-ins enable easy integration with
them.
Cross-Bo Construction, LLC (Utility Management
Subsidiary) (“Cross Bo”)
Cross-Bo operates in Oklahoma, Kansas, and Missouri and
provides services on infrastructure projects, specializing
in Utility System installation and maintenance, which
includes providing the hard assets and expertise to install
pipelines for water, wastewater, storm water and gas systems
up to thirty-six (“36”) inches in diameter. Cross Bo’s
Hydrovac excavators, drilling, and heavy excavating
equipment enables it to compete in the municipal utility
bidding market for installation of water, wastewater, storm
water, and gas system construction and installation.
Cross-Bo has expertise in the installation of HDPE, PVC, and
Ductile Piping Systems.
Additionally, Cross-Bo operates as a subsurface utility
engineering (referred to in the industry as “SUE”) location,
inspection and maintenance company, and has developed
methodologies, combined with the use of its equipment, to
generate detailed records of subsurface “as-built
conditions”, such as the location of water, electrical, gas,
fiber optic and other critical underground utility
infrastructure assets. These services enable construction
and maintenance activities to be conducted on a given
physical site with the precision needed to limit damage to
underground utility infrastructure and to avoid utility
outages.
Future Plans
RIII intends to expand its business and service offerings,
as follows:
1. Expand Infrastructure Services by developing
relationships with municipalities, utilities, and
construction companies.
2. Cross-Bo intends to rollout 5G mobile telecommunications
services, develop and market those 5G services through an
expanded geographic area, initially into Kansas and
Missouri.
3. Capitalize on infrastructure expansion project in Tulsa,
Oklahoma.
4. Capitalize on ATT’s 5G expansion in the Midwest to
provide support Infrastructure Services.
5. Acquire private companies in the Infrastructure Services
area.
6. Seek strategic partnerships and/or revenue sharing
opportunities in the niche infrastructure technology
solutions area.
RIII’s acquisitions strategy intends to focus on
post-transaction integration and business improvements,
including through cross-selling opportunities and the
leveraging of operational efficiencies through a central
platform of finance, legal and human resources capabilities.
These solutions will enable RIII’s Infrastructure Services
business to develop and commercialize new services and
products. RIII intends to continue to invest in the
development of additional platform capabilities, including
capabilities relating to smart IoT sensors and to help
create niche “smart infrastructure” solutions for clients.
Renavotio, Inc.
Price $0.06
OTCSymbol: RIII
Market Cap: $6.45 million
Shares Outstanding: 111.83 million
601 South Boulder Ave., Suite 600
Tulsa, OK 74119
Phone: (888) 928-1312
Website: www.renavotio.com
Contact: info@renavotio.com
Renavotio is focusing on made in the USA products with partnerships
being negotiated with multiple providers in Personal Protective
Equipment (PPE) of masks, gowns, and face shields.
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Renavotio’s infrastructure business was started in the late
1960s by individuals who noticed a decline in the public
water sources due to point source and non-point source
pollution. |
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Renavotio’s engineering and smart utility management
services, performed by its subsidiaries UMCCO and Cross-Bo
Construction, provide a one-stop solution for rural
communities to reduce the consumption of electricity,
natural gas, and water utilities for commercial, industrial
and municipal end-users. |
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