Penny chatter
2 years ago
Reverse split this one
This Information Statement (the โInformation Statementโ) has been filed with the Securities and Exchange Commission (the โCommissionโ) and is being furnished to the holders (the โStockholdersโ) of shares of common stock, par value $0.00001 per share (the โCommon Stockโ), of 808 Renewable Energy Corporation, a Nevada Company (the โCompanyโ) for informational purposes only, pursuant to Section 14(c) of the Securities Exchange Act of 1934, as amended (the โExchange Actโ), and the rules and regulations prescribed thereunder. We are sending you this Information Statement to notify you that on or about May 3, 2022, the Stockholders holding the voting power of a majority of our Common Stock (the โMajority Stockholdersโ) approved the following actions (the โCorporate Actionsโ) by written consent in lieu of a meeting of Stockholders:
1.
a reverse stock split of the Companyโs common stock, par value $0.00001 per share, (โCommon Stockโ), in a ratio of ten to one (10:1) (the โReverse Splitโ) and amending the Articles of Incorporation accordingly; and
2.
amend the Articles of Incorporation of the Corporation in order to change the name of the Corporation to โSilverlight International Group, Inc.โ the (โName Changeโ).
easymonee
2 years ago
DD most are not aware of. Below is why I have held the stock long. From Taiwan, Gyrocopter order of 2 units, with an option for an additional 20 units. Avg price of a 125k-150k From the 10K below.
GLTA.
https://ih.advfn.com/stock-market/USOTC/808-renewable-energy-pk-RNWR/stock-news/87842468/annual-report-10-k
Business
The Company, through its subsidiaries, SilverLight Aviation, LLC (โSLA LLCโ) and Silverlight Electric Vehicle Inc. is actively engaged in the design, development, manufacturing, distribution and marketing of reverse trikes and gyrocopters. We operate in two divisions, Aviation and Reverse Trike. We maintain a website at www.silverlightaviation.com for the Aviation Division and www.silverlightev.com (website is under construction) for the Reverse Trike Division. We are commencing our efforts to expand operations of the business and establish a global network of distributors and dealers. We have recently received an order from Taiwan for two AR-1 gyrocopters along with an option for 20 more.
i_like_bb_stock
2 years ago
few are aware of this, going to be merging into https://silverlightev.com/, pretty cool, they've been working on this for awhile, small 10:1 RS, uplist to QB then NASDAQ, pretty cool looking EV cars, should be happening any day now. You'll even see the ticker on the website. 7 float will be 700K pot split, the future is bright here.
easymonee
3 years ago
RNWR... It is going to go on a huge run based on real profits, came close to net profit last qtr. and they are just getting started. No dilution, 800K in the bank, 50 million float, CEO owns the rest. This is a LONG TERM investment, it is not a day trade, you will lose money trying to day trade it. PR today about a new model of EV. and one last month with EZGO (Nasdaq partner) see below the numbers for the PR.
Looking at 62 million $$ in revenue their first full year. Gyroplanes 100 at avg of 125K each = 12 million, Trike vehicles 2000 at avg of 25,000k = 50 million. They already have a pending order for 10 gyroplanes listed in the form 10 just filed. Production is starting in this qtr. on the trikes.
Part of the news release from EZGO,
According to the tri-parties agreement, EZGO will start the trial production phase in late 2021 and the target output is 100 gyroplanes and 2,000 electric reverse trike vehicles by 2022. Scheduled production will be determined by the market demand and orders received from Silverlight.
The term of the strategic cooperation agreement is 10 years. It will be automatically renewed for another 10 years.
GLTA
AskMuncher
3 years ago
$RNWR 808 Renewable Energy Corporation Announces Receipt of NHTSA Number
Press Release | 06/24/2021
Bradenton, Florida, June 24, 2021 (GLOBE NEWSWIRE) -- 808 Renewable Energy Corporation (OTC Pink: RNWR) (โ808โ or the โCompanyโ), today announced that the Company has received its NHTSA (National Highway and Transportation Safety Administration Manufacturer Identification) number of โ 20744 โ under the name of SilverLight Electric Vehicle Inc. as of yesterday, this newly issued NHTSA number enables the company to issue VIN (Vehicle identification Number) to its electric reverse-trike products.
In addition, The Company is about to finalize its powertrain testing of the first two entry models - a convertible roadster model and a gull-wing fully enclosed cabin model. The powertrain system will deliver up to 45 KW (60 HP) of peak output, up to 150 miles per charge with its 15 Kwh and 20 Kwh lithium-ion battery packs. Further technical and performance information will be released in a later date.
โWe are very excited to see this project moving quite rapidly, as we just received our WMI number earlier this month. We look forward to the opportunity to grow our electric vehicle division in addition to our gyrocopter aviation division. SilverLightโs reverse-trike vehicles will soon become the only manufacturer of such sporty and fun to drive side-by-side configuration electric trike vehicles in the U.S. and we have been getting tons of inquiries from all over the world already โcommented Peter Chen, Chief Financial Officer of 808.
Remy Breton, Vice President of Silverlight Electric Vehicles commented, โWe are working on a new option of thermoforming body panels which it will reduce our production cost significantly and increase the production efficiency at the same time. We are very confident to have final retail MSRP price quite affordable to the general public when we start mass production soon.โ
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements using the words โhope,โ โanticipate,โ โmayโ and statements regarding the potential growth of the Company, and future plans and objectives of the Company and SilverLight, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
About SilverLight International Group:
SilverLight Aviation, LLC is an American aircraft manufacturer based in Zephyrhills, Florida, specializing in the design and manufacture of gyroplane or autogyro aircraft in the form of kits or ready to fly aircraft. SilverLight Electric Vehicles Inc. is the electric reverse-trike vehicle division which is based in Lakewood Ranch, Florida.
Investor Contact:
David Chen, President
(631) 397-1111