Renavotio, Inc. (OTCQB: RIII)

 

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Renavotio, Inc. (OTCQB: RIII)

  



Website: https://renavotio.com

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 


     Heading-PPE

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.


 

Heading-Infrastructure 

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. 


 Heading-Utility-Management

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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