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RNWB Renewable Corp New (CE)

0.0001
0.00 (0.00%)
28 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Renewable Corp New (CE) USOTC:RNWB OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Renewable (RNWB) Signs an Exclusive Licensing Agreement with World Renowned Dr. Yin-Xiong Li

24/10/2012 2:19pm

OTC Markets


For Immediate Release

 

                                                                                              


Renewable (RNWB) Signs an Exclusive Licensing Agreement with

World Renowned Dr. Yin-Xiong Li

LAKE PARK, Florida – October 15, 2012 – The Renewable Corporation (www.TheRenewCorp.com) signed an Exclusive  License Agreement with world renowned Dr. Yin-Xiong Li of Durham, NC to provide Dr. Li’s DNA derived nucleotide protection system for skin, as disclosed and claimed in U.S. Patent #6,117,846 – “Nucleic Acid Filters” and U.S. Patent Application #2008/0233626 – “Enhanced broad-spectrum UV radiation filters and methods”, and the following international filings: European Application #07811023.6, and Australian Application #2007281485, including process trade secrets associated with the above listed intellectual property, as well as trade secrets and patentable improvements for a skin rejuvenation cream for cosmetic and medical use, and industrial and bio-hazard/bio-threat uses of the processed nucleotides. Specific terms of the Agreement are available by contacting the Company directly.

Renewable’s wholly subsidiary, Renewable BioScience Technologies, Inc., is the research and development platform for further development of Dr. Yin-Xiong Li’s impressive collection of intellectual properties including two novel technologies, one used to protect human skin from the sun’s UV radiation harmful to the skins DNA which is the major cause for skin cancer and another natural skin hydration cream that allows the skin to breath and retain its natural moisture.

These products are Licensed Intellectual Properties that include cosmetic and over-the-counter (OTC) products, health improvement and organ protection food supplements, with or without nucleotides; DNA derived nucleotide sunblock day cream with collagen hydration; rejuvenation skin cream; sunblock for industrial generated UV, radiation protection and/or rejuvenation cream; sunblock for tanning beds; other protection agents, i.e. chemical protection, industrial hazard protection, bio hazard and biological warfare protection using DNA derived nucleotide; industrial UV protection for coatings and composites, ray and particle radiation protection for skin creams, paints, plastics, and other encapsulation media; biological filtration for carcinogens, biohazard and biological warfare agents; and chemicals; or any product or method of use relating to industrial applications.

Gary R. Smith, The Renewable Corporation’s CEO states, “Dr. Li has developed the most comprehensive collection of DNA based patents and patentable formulae known to exist worldwide. Our Agreement with Dr. Li will allow Renewable to commercialize extraordinary products for many years into the future”.                                                                                         

About Dr. Yin-Xiong Li

Dr. Yin-Xiong Li, MD, PhD, Professor is currently on the Advisory Board of The Renewable Corporation. Dr. Li is the Chief Medical Officer for the Guangzhou Institutes of Biomedicine and Health, Chinese Academy of Sciences. He has perfected and patented a method to prevent DNA damage in the skin from UV and radiation. His work has been developed into Renewable’s DNA sun block lotion. The new product line will be available to consumers in the immediate future. The lotion is expected to be used to lessen the risk of skin cancer from sunlight and to act as protection against skin damage during radiation procedures.

About Renewable BioScience Technologies

Renewable BioScience Technologies, a wholly owned subsidiary of The Renewable Corporation Inc., has created multiple breakthroughs with remarkable properties. This exciting discovery provides a new level of defense against the deterioration and damage caused by ultraviolet (UV) light. That protective feature has great significance and value in many applications, and this patented intellectual property is expected to be implemented across numerous product lines.


Renewable BioScience Technologies has elected to introduce a skincare line that combines two novel technologies. There is a $3 billion market for anti-aging treatments, and the characteristics of this new product represent a stunning scientific advance that will have broad appeal. A micro layer of marine collagen fiber technology provides a framework for a patented nucleic acid that absorbs harmful UV light and provides hydration.

About The Renewable Corporation

The Renewable Corporation (RNWB) was established in 2004, adopted its present name in 2008, and is based in Lake Park, Florida. It develops and supplies products, services, and technologies that use efficient, renewable resources. TRC knows there is significant interest in clean, green, and lean methods that offer superlative quality at a cost that is a reasonable alternative to traditional choices, and will have a less hazardous impact on the environment and human health.

The Renewable Corporation family of companies integrates sustainable manufacturing and distribution with cutting edge research and proprietary technology to provide the most advanced line of products and services available. TRC actively seeks out partner companies and individuals that are engaged in similar, forward leaning efforts. The company encourages creative synthesis and the inspired application of ideas in unexpected places. Discovering new solutions to existing and anticipated problems is the corporation’s primary goal. The Renewable Corporation portfolio already contains multiple patents and patented products.

Continued support for national manufacturing and small business is also at the heart of The Renewable Corporation charter. Management believes that innovative individuals and businesses will invigorate our economy and drive sustained growth into the future as the knowledge continues to evolve. We believe that our products, processes, and services will create many jobs, both at the individual and corporate level.

The Renewable Corporation management has assembled an exceptional leadership team to establish the company’s position at the forefront of environmentally friendly business, and to guide its efforts. Their expertise includes new business development and financing, international sales and marketing, industrial renovation, molecular biochemistry, and bio-technology.

Legal Notice:

This press release may contain forward-looking statements, particularly as related to pro forma financial statements, earnings estimates and business expectations, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be “forward looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. These forward-looking statements are only made as of the date of the press release and The Renewable Corporation and the companies discussed do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

 

SOURCE:  The Renewable Corporation, www.TheRenewCorp.com

Corporate Contact Information: The Renewable Corporation, 1313 S. Killian Drive, Lake Park, FL 33403;
Phone: 561-328-6488

Investor Relations: Gary D. Alexander, Corporate Secretary; Email:  IR@TheRenewCorp.com;
Phone: 772-380-4320 x2


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