Lust for Life LLC Update to Shareholders:
NEW YORK, May 19, 2020 /PRNewswire/ -- Lust for Life LLC (the "Company"), the main subsidiary of Renewable Energy & Power, Inc. (OTC: RBNW), is pleased to announce that it has taken the past few months to revamp our approach to the business, focusing more on the design and marketing program than we ever have. We have streamlined operations such that, while our overhead is substantially the same, the bulk of our resources will go towards building the brand and expanding the Company's reach and distribution channels.
The Company has also normalized our supply chain with China and have added other country supply chains such as Brazil and Mexico.
The Company is looking forward to restarting our shipping again as soon as possible, once retailers' warehouses begin their reopening plan.
Thank you to the Shareholders for your kind words of support and patience as we have lived through the most challenging time in our Company's history.
About Renewable Energy & Power, Inc.:
Renewable Energy & Power, Inc. (OTC: RBNW) is the parent company to Lust for Life Group. RBNW is a holding company for apparel lines with both direct to consumer and wholesale sales to national retail chains. Previously, RBNW was focused on renewable energy projects, however in August 2019, with the acquisition of Blind Faith Concepts, Inc., which holds 100% of Lust for Life, LLC, RBNW's management determined to shift operations to focus on apparel. For more information on RBNW, visit www.lustforlifeshoes.com.
Safe Harbor and Forward-Looking Statements:
This news release contains statements that involve expectations, plans or intentions (such as those relating to future expansion or financial results) and other factors discussed from time to time in the Company's OTC Markets filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Lust for Life Group
1086 Teaneck Road, Suite 3D
Teaneck, NJ 07666
SOURCE Renewable Energy & Power, Inc.