Jul. 7 at 11:30 AM
$RENX After completing an in-depth review of the SEC Filings and Press Releases, none of the claims by
$RENX or its CEO, Villarreal, can be confirmed or substantiated.
Myakka City, FL, Manatee County, FL nor the State of Florida have any Florida Department of Transportation (FDOT) records indicating an increase of vehicles, trips / traffic or EPA licensing or activity.
The mysterious UTM Turbo Mill, as analyzed from the
$RENX reported video, is a generic pulverizer made by Epic Milling of Qingdao City, China.
In summary,
$RENX collects free tree trimmings and converts them to low-grade mulch. Zimmer Trucking removes trash on a per-call basis. The State of Florida has no contract with them as reported in
$RENX press.
It is clear this is a hype-based stock which intentionally utilizes PR in a very generic industry to continuously persuade investors with unverifiable and non-existent business for the sole purpose of self-enrichment.
