Las Vegas Nevada June 30, 2017 — Renewable Fuel Corp, Inc. RWFC, a leading independent Renewable Energy Company today announced the Company is issuing a newly designated class of convertible preferred Series B stock in exchange for certain Accounts Receivables owned by Aqua Three Holdings Pty Ltd which is located in Sydney Australia.
This transaction was approved by the RFC board of directors and is a strategic move in the company’s efforts to establish itself in the Australia Renewable Energy Market where RFC plans to invest into a number of future projects.