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Renavotio, Inc. (Stock Symbol: RIII) Covers Multiple, High Demand Infrastructure Markets

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Renavotio, Inc. (Stock Symbol: RIII) Covers Multiple, High Demand Infrastructure Markets

March 29
22:33 2021
Renavotio, Inc. (Stock Symbol: RIII) Covers Multiple, High Demand Infrastructure Markets
Purchase Orders for $3.95 Million of Vital PPE Products Announced in Q1
  • Infrastructure Oriented Business Plan with Medical PPE Products.

  • Recent PPE Product Orders Booked for $1.8M and 2.15M.    

  • Strategic Partnership with VerifyMe, Inc. (NASDAQ:VRME), to Add Anti-Counterfeiting, Track and Trace and Brand Protection Solutions to PPE Products.  

  • Master Distribution Agreement with ResGreen Group International, Inc. (OTC:RGGI), for Groundbreaking Disinfecting Robots. 


Renavotio, Inc. (
RIII) focuses on three unique infrastructure opportunities, including medical protective equipment, 5G, utility construction, utility management, IoT, water, waste management technology, and related industries.

The RIII wholly owned subsidiary, Renavotio Infratech, Inc. includes business and acquisition strategies concentrating on medical protective equipment and infrastructure with utility construction and 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 RIII 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. 

Renavotio Infratech’s operating subsidiary, Utility Management Corp, is a holding company focused on infrastructure, 5G, utility construction, utility management, IoT, water and waste management technology, and related industries. Utility Management Corp’s subsidiary, Utility Management & Construction, LLC (UMCCO) is an engineering and smart utility management company that provides a one-stop solution to rural communities to reduce the consumption of electricity, data, natural gas, and water utilities for commercial, industrial and municipal end users. UMCCO’s unique approach creates immediate bottom-line savings for its clients, by providing engineering, planning, permitting and installation through their second wholly owned subsidiary, Cross-Bo Construction, LLC, which specializes in water, sewer, Telcom, and 5G design and installation, establishing a long-term value proposition while also achieving respective sustainability goals.  

  • RIII Secures Additional $1.8 Million Purchase Order from a PPE Medical Distributor for Surgical Gloves After Initial Order for $2.15 Million    

On March 24th RIII announced it has secured a new $1,800,000 purchase order from a PPE medical distributor for surgical gloves, the order is subject to the buyer’s product inspection and final payment. This additional order follows the first order of $2,150,000 of surgical gloves, which was previously announced on February 22, 2021.

Renavotio Infratech, Inc., the RIII wholly owned subsidiary, has continued to focus on the Personal Protective Equipment (“PPE”) markets. RIII has secured production of PPE to supply third parties with masks, gloves and gowns.

After this delivery, Renavotio plans to utilize labels that will incorporate VerifyMe’s anti-counterfeit technology solution labels to secure a 2 million 100-count box order direct from the manufacturer. This initial order opens up overseas relationships to implement directly with the factories to prevent counterfeit PPE products from entering the U.S. Counterfeit Personal Protective Equipment continues to be a major issue as the pandemic persists.  

  • Strategic Partnership with VerifyMe to Add Anti-Counterfeiting, Track and Trace and Brand Protection Solutions to Personal Protective Equipment

On February 8th RIII announced it has entered into a Marketing and Distribution Agreement with VerifyMe, Inc. (NASDAQ:VRME), a provider of anti-counterfeiting and brand protection solutions. This new partnership enables RIII, as a global representative, to promote, market, distribute and sell VerifyMe products as an enhancement to its personal protection equipment products (“PPE”), including face masks, gloves, gowns, goggles, and face shields, to ensure the authenticity and origin.

Counterfeits have been a major issue confronting the massive and growing demand for PPE. According to The Wall Street Journal from February 4, 2021, “Millions of Counterfeit Masks Flooded U.S. Customs Facilities Last Year.”

https://www.wsj.com/livecoverage/covid-2021-02-04/card/aTMpbWxQgDgmnDuQ0tCg

The massive demand for PPE over the past year has spurred a major problem of fraudulent and counterfeit products. Having been a victim of counterfeit N95 masks, RIII sought out VerifyMe’s technology to implement in all of its sales channels the authenticity of its products from VerifyMe. The VerifyMe technology will allow RIII to be able to represent to its clients as to the authenticity of any product it represented through VerifyMe. 

VerifyMe’s secure cloud-based track-and-trace technology is fixed onto products to protect them from counterfeiting. This typically includes invisible, non-replicable unique codes that can be scanned by warehouse distributors and retail companies to indicate if goods in the supply chain were tampered with. This technology protects products throughout the retail supply chain. It also can be used via visible QR codes that consumers can easily scan with a smartphones. This will allow customs and the purchasers to scan the code with their smartphone and verify its authenticity on the spot. This also gives brands direct engagement with the end-user and provides opportunities for marketing with coupons or storytelling by the manufacturer.

All the data is stored in the cloud and is easily accessible by all the stakeholders. Product and supply chain transparency continues to be essential for consumers and brands. VerifyMe and RIII plan to initially target the Personal Protection Equipment Industries both in the U.S. and abroad to test and use the technology to protect against counterfeiters and push branding messages out to consumers.

  • Master Distribution Agreement with ResGreen Group International

On February 9th RIII announced it has entered into a Master Distribution Agreement with ResGreen Group International, Inc. (OTC:RGGI), a leading mobile robotics company. RIII will market and handle all of the logistical functions such as order processing, shipping, billing and collections for the Wanda SD/SA, disinfecting robot.

The Wanda SD destroys 99.9 percent of harmful pathogens in a 200-square-foot space in approximately 15 minutes. Because exposure to UVC light and Ozone is dangerous to humans, Wanda SD must be controlled from a separate room using a smart device to ensure safety. It is also equipped with perimeter monitoring and ultrasonic sensors that detect when someone enters an area and automatically turns off the lights.

Wanda SD uses a lithium-ion phosphate battery that provides three times the power of conventional batteries with half the weight. A new battery voltage indicator was recently added to alert customers when the vehicle needs to be charged.

For additional information on Renavotio, Inc. (RIII) visit: www.renavotio.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: 

This news release includes certain “forward-looking statements” under applicable US securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals, where applicable and the state of the capital markets. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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FrontPageStocks/CorporateAds.com (CA) is a third-party publisher and news dissemination service provider. FPS/CA is NOT affiliated in any manner with any company mentioned herein. FPS/CA is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FPS/CA’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. FPS/ CA is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. FPS/CA has been compensated $500 by the company for dissemination of this Article.

Disclaimer/Safe Harbor:

These news releases and postings may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Media Contact
Company Name: Renavotio, Inc
Contact Person: Media Relations
Email: Send Email
Phone: (888) 928-1312
Address:601 South Boulder Ave. Suite 600
City: Tulsa
State: OK 74119
Country: United States
Website: www.renavotio.com

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