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Resilient Energy (RENI) Investor Update: OTCQB Uplisting, Acquisitions with Military UAV Technology and Consumer Tech. Cash Flow and Revenue Growth Priority
Resilient Energy (RENI) Investor Update: OTCQB Uplisting, Acquisitions with Military UAV Technology and Consumer Tech. Cash Flow and Revenue Growth Priority.
About this update from Resilient Energy Inc.
[{"type":"text","content":"\n Houston, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Resilient Energy (RENI) Investor Update: OTCQB Uplisting, Acquisitions with Military UAV Technology and Consumer Tech. Cash Flow and Revenue Growth Priority. HOUSTON, August 8, 2024/ -- Resilient Energy, Inc. (OTC Markets: RENI) (\"RENI\" or \"the Company\") Investor(s) Update: •The company is currently focused on Drone and Aerospace Industry Acquisitions. The company is focusing on companies that cash flow on a consistent basis and that can long term create shareholder value. The company is in discussions for its second acquisition, in this space, and discussions are progressing quickly. •Resilient Energy Inc. will begin the process of uplisting to OTCQB in the near term. RENI will be conducting and audit and will be processing all necessary filings to complete the uplisting in the next couple of months. Such an uplisting will provide more liquidity to shareholders.RENI CEO, Mr. Jon Bianco, stated, \"As I have stated earlier, revenue growth, gross margin expansion, and cash flow generation are the Company's main objectives. We are intent in identifying military UAV Opportunities, as well as developing aerospace technology for consumers. We know the OTCQB will provide the liquidity funding and acquisition opportunities they will become more readily available on the OTCQB. We look forward to meeting our benchmarks, creating a significant growth opportunity with RENI.” —------The global Unmanned Vehicle market size is estimated at USD 35.28 billion in 2024, and is expected to reach USD 67.64 billion by 2029, growing at a CAGR of 13.9% during the forecast period (2024-2029) according to a Growth Trends and Forecast report from Mordor Intelligence. During 2024, the company is pursuing an aggressive expansion campaign, which will continue to result in new revenue streams. About Resilient Energy, Inc. Resilient Energy, Inc. (OTC: RENI) (www.resilientenergyinc.com) operates with a strategic business plan centered on the acquisitions. The company is committed to expanding its portfolio by acquiring businesses in manufacturing, technology, and other sectors to diversify its revenue streams, and leverage management's 30 years of experience, and reduce reliance on the volatile oil and gas markets. Resilient Energy distinguishes itself by offering a consistent deal flow a...