📢📢 [ANN] RENOVATO - new exchange company

[ICOEthics]

Hi there feel free to message me. I can provide real time photos of me via skype or some other pictures but I don't have any social media accounts at all. I know that is strange in today's world for most people but I like my privacy.

Hello

Your possible investors are reading on this forum, not on skype, do you mind in posting here a selfie with today's date written on a paper?

Also please answer these other questions and provide documents.

~
Which country are you operating from? DO you have all the paperwork/permissions? Can you please provide evidence?

Thank you.

[1714137870]

1714137870

[1714137870]

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[1714137870]

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[1714137870]

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[chaserenovato]

Hi there feel free to message me. I can provide real time photos of me via skype or some other pictures but I don't have any social media accounts at all. I know that is strange in today's world for most people but I like my privacy.

Hello

Your possible investors are reading on this forum, not on skype, do you mind in posting here a selfie with today's date written on a paper?

Also please answer these other questions and provide documents.

~
Which country are you operating from? DO you have all the paperwork/permissions? Can you please provide evidence?

Thank you.

Renovato LLC is a subsidiary of Renovato Trading OÜ and operated out of Los Angeles California. I will not post my passport on the public domain, no, but I am happy to show you and tracking websites is pending my KYC right now as well.

[chaserenovato]

Here's a selfie without a date but can upload one later tonight.
https://imgur.com/a/FvwUOCi

[ICOEthics]

Renovato LLC is a subsidiary of Renovato Trading OÜ and operated out of Los Angeles California. I will not post my passport on the public domain, no, but I am happy to show you and tracking websites is pending my KYC right now as well.

Here's a selfie without a date but can upload one later tonight.

Hello,

Thank you for uploading your image. We didnt ask you to provide your passport, as we all know that many identities have been stolen in the crypto industry. We rather believe in a real photo of the person than a document such as a passport. When possible investors ask some questions, it is because they are interested in your project or they are suspicious, and it is up to you to give them an answer.

A KYC done by other websites doesn't mean anything. Remember that those sites are there for a profit, many of them list scam projects very often, and often feature them on their site. It is easy to fabricate something that is on paper, but it is harder to fabricate the real thing.

You said that you are operating in the US, Los Angeles, can you provide documents/permissions, such as registration with state regulators, documents filed with SEC for your STO?  Also, are you sure that you are in Los Angeles? On your website shows that you are in San Francisco, including the phone number is from San Francisco. Maybe you can ask your team to take a group photo at the office and post here. As someone posted above "the more you can prove, more credible your project becomes"



Thanks

[chaserenovato]

Renovato LLC is a subsidiary of Renovato Trading OÜ and operated out of Los Angeles California. I will not post my passport on the public domain, no, but I am happy to show you and tracking websites is pending my KYC right now as well.

Here's a selfie without a date but can upload one later tonight.

Hello,

Thank you for uploading your image. We didnt ask you to provide your passport, as we all know that many identities have been stolen in the crypto industry. We rather believe in a real photo of the person than a document such as a passport. When possible investors ask some questions, it is because they are interested in your project or they are suspicious, and it is up to you to give them an answer.

A KYC done by other websites doesn't mean anything. Remember that those sites are there for a profit, many of them list scam projects very often, and often feature them on their site. It is easy to fabricate something that is on paper, but it is harder to fabricate the real thing.

You said that you are operating in the US, Los Angeles, can you provide documents/permissions, such as registration with state regulators, documents filed with SEC for your STO?  Also, are you sure that you are in Los Angeles? On your website shows that you are in San Francisco, including the phone number is from San Francisco. Maybe you can ask your team to take a group photo at the office and post here. As someone posted above "the more you can prove, more credible your project becomes"

https://i.imgur.com/IVh6XTf.png

Thanks

Yes, I'm sure I'm here sitting in my home in Los Angeles. San Francisco is our mailing address and I split my time between both parts of the state. For US it is restricted to accredited investors ONLY unless US persons purchase ICO tokens and that is different. Also currently not "promoting" to anyone in the USA.

[chaserenovato]

Also want to start showing our trading team results from last year. I got a message asking about it. Also this is home for the last 3 years.

https://imgur.com/a/QZSjFzt
https://imgur.com/a/a43hevb

(both of my pictures)

[ICOEthics]

Also want to start showing our trading team results from last year. I got a message asking about it. Also this is home for the last 3 years.
(both of my pictures)

We didnt ask for a chart and a picture of LA Skyline, we want to see documents that make your project legit and if you dont want to provide, it is your choice.

Which jurisdiction is your company domiciled?

Yes, I'm sure I'm here sitting in my home in Los Angeles...
....Also currently not "promoting" to anyone in the USA.

We are not taking that answer as sarcasm, but an investor would. And about "promoting", as long your website is visible in the US you are considered promoting your website and content in the US. 

[chaserenovato]

Hey buddy you asked if I was sure where I live...Also you’re wrong about US promoting but I’m not home to give you the entire legal code and description. I’ll provide for you later so you can be updated. I also didn’t post those pictures for you, but that is my picture from me living in Los Angeles 🤷🏼‍♂️.

Thanks.

Also want to start showing our trading team results from last year. I got a message asking about it. Also this is home for the last 3 years.
(both of my pictures)

We didnt ask for a chart and a picture of LA Skyline, we want to see documents that make your project legit and if you dont want to provide, it is your choice.

Which jurisdiction is your company domiciled?

Yes, I'm sure I'm here sitting in my home in Los Angeles...
....Also currently not "promoting" to anyone in the USA.

We are not taking that answer as sarcasm, but an investor would. And about "promoting", as long your website is visible in the US you are considered promoting your website and content in the US.  

[AmoreJaz]

Hey buddy you asked if I was sure where I live...Also you’re wrong about US promoting but I’m not home to give you the entire legal code and description. I’ll provide for you later so you can be updated. I also didn’t post those pictures for you, but that is my picture from me living in Los Angeles 🤷🏼‍♂️.

Thanks.

Also want to start showing our trading team results from last year. I got a message asking about it. Also this is home for the last 3 years.
(both of my pictures)

We didnt ask for a chart and a picture of LA Skyline, we want to see documents that make your project legit and if you dont want to provide, it is your choice.

Which jurisdiction is your company domiciled?

Yes, I'm sure I'm here sitting in my home in Los Angeles...
....Also currently not "promoting" to anyone in the USA.

We are not taking that answer as sarcasm, but an investor would. And about "promoting", as long your website is visible in the US you are considered promoting your website and content in the US.  

interesting where this is heading to...
unfortunately, time is one constraint to build your integrity.
i just hope this will not be another quadrigacx case in the future. from the investors' end, the dev team should understand why people are now hesitant in trusting a project.
while on the other hand, the team has a lot of work to do to prove that they are running legit. to the point that your personal life is at stake.
so all summed up, everyone has their own freewill to do what is necessary. anyway, they are not forcing us to invest on them or believe whatever is presented

[ICOEthics]

Hey buddy you asked if I was sure where I live...Also you’re wrong about US promoting but I’m not home to give you the entire legal code and description. I’ll provide for you later so you can be updated. I also didn’t post those pictures for you, but that is my picture from me living in Los Angeles 🤷🏼♂️.

Yes, I'm sure I'm here sitting in my home in Los Angeles...

You know that we were asking about your business location. We dont have the time to play games here as it appears that is what you want to do. Now you are confused about your location!

We asked you questions because your picture on the Renovato's website appears to be photoshopped. Your Linkedin profile just has 1 job experience listed.  You posted a photo on this thread, but we don’t know if that person name is Charles Varnado. Including a place where you applied and FAILED KYC doesn’t know who you are either.


archived

The CEO refused to answer valid questions about the business legality of Renovato, which is not good for the progress of this project. As investors read this topic they will consider twice before investing in a project where the CEO doesnt want to provide evidence of the legality of the business.

They are trying to raise 17 million and expect that nobody asks questions? Once questions are raised, any evidence that they provide will just help validate the project. With so many scams around, who want to take a chance in a project that is becoming suspicious as the CEO is evading questions.

We are not labeling this project a scam/scammer, but check out our list with over 300 scams caught and you can see many examples where questions are raised and CEO’s of such projects refused to answer them/or provide documents.

And back to questions again,  for third and last time because honestly, it appears that transparency is something that you dont want to apply to your project.

Can you provide documents/permissions, such as registration with state regulators, documents filed with SEC (if any)?
Where are the funds held?
Which jurisdiction is your company domiciled?

About your team: It is very strange that they don’t have anything about this project on their Linkedin profile.
Can you provide a video of them talking about the project?

Renovato LLC is a subsidiary of Renovato Trading OÜ and operated out of Los Angeles California...

Where can we read more information about Renovato Trading OÜ ? What is their website address? We want to make sure you are connected with them since there are many copycats on the market. Renovato Trading OÜ was just registered on 14.02.2019 – two weeks ago.
https://www.e-krediidiinfo.ee/14661886-RENOVATO%20TRADING%20O%C3%9C

To everyone reading this post, if this project doesnt provide evidence to the questions above, you should consider seriously making any investment in this project.

[chaserenovato]

ICObench has yet to respond to why it failed, everything was uploaded properly and https://www.linkedin.com/in/sydneyifergan/ can say the same. You're able to message him.

Sydney has 20+ years commercial experience and has spent the last 10 years working in the online marketing arena and was the CMO for a large brokerage.] In recent years, he has been consulting to various brokerages globally on their online marketing and the utilization of technology to improve their results. Sydney is among the top 20 ICO experts on ICObench and has previously worked with numerous ICO projects including trade.io, DIW token, Lydian, Xinfin.io and more... Specializing in Online Marketing & Web Analytics. •   More than 10 years Search engine optimization (SEO) and online marketing experience •   Self-starter, highly motivated and energetic •   Team player and well respected manager •   Results driven and attention to detail • Enjoy a good challenge and finding solutions

Has also raised over $100m.

For whom it concerns:

"Regulation S provides an SEC compliant way for US and non-US companies to raise capital outside the U.S. It is not necessary to have a company in the USA to use Reg S.

A Regulation S offering can issue both equity and debt securities. A company that makes their offering under Reg S is also allowed to use another method to raise capital inside the US - usually Reg D.

Reg S investors from outside the US can be of any wealth level. Reg S is a good compliment to Reg D, in that Reg S allows non-US investors to invest in a US company or a non-US company on a similar basis to the Reg D terms, without the restriction of being required to be accredited investors.

Reg S requires that the offer and sale must be made to investors that are outside the US. And US investors must not be shown the non-US investor terms.

There is no required SEC registration for a Reg S offerings, but there are methods and practices that must be used."

https://sto.renovato.io on our token dashboard it makes this very clear that any US person must be accredited if they're buying STO.

[chaserenovato]

ICObench has yet to respond to why it failed, everything was uploaded properly and https://www.linkedin.com/in/sydneyifergan/ can say the same. You're able to message him.

Sydney has 20+ years commercial experience and has spent the last 10 years working in the online marketing arena and was the CMO for a large brokerage. In recent years, he has been consulting to various brokerages globally on their online marketing and the utilization of technology to improve their results. Sydney is among the top 20 ICO experts on ICObench and has previously worked with numerous ICO projects including trade.io, DIW token, Lydian, Xinfin.io and more... Specializing in Online Marketing & Web Analytics. •   More than 10 years Search engine optimization (SEO) and online marketing experience •   Self-starter, highly motivated and energetic •   Team player and well respected manager •   Results driven and attention to detail • Enjoy a good challenge and finding solutions

Has also raised over $100m.

For whom it concerns:

"Regulation S provides an SEC compliant way for US and non-US companies to raise capital outside the U.S. It is not necessary to have a company in the USA to use Reg S.

A Regulation S offering can issue both equity and debt securities. A company that makes their offering under Reg S is also allowed to use another method to raise capital inside the US - usually Reg D.

Reg S investors from outside the US can be of any wealth level. Reg S is a good compliment to Reg D, in that Reg S allows non-US investors to invest in a US company or a non-US company on a similar basis to the Reg D terms, without the restriction of being required to be accredited investors.

Reg S requires that the offer and sale must be made to investors that are outside the US. And US investors must not be shown the non-US investor terms.

There is no required SEC registration for a Reg S offerings, but there are methods and practices that must be used."

https://sto.renovato.io on our token dashboard it makes this very clear that any US person must be accredited if they're buying STO.

[chaserenovato]

KYC is pending with uploaded bank statement with my address.

https://i.imgur.com/NxofApWl.png

[simpsons_support]

KYC is pending with uploaded bank statement with my address.

[simpsons_support]

Check plz: https://icobench.com/ico/renovato

[mig6r]

Renovato LLC is a subsidiary of Renovato Trading OÜ and operated out of Los Angeles California. I will not post my passport on the public domain, no, but I am happy to show you and tracking websites is pending my KYC right now as well.

Here's a selfie without a date but can upload one later tonight.

Hello,

Thank you for uploading your image. We didnt ask you to provide your passport, as we all know that many identities have been stolen in the crypto industry. We rather believe in a real photo of the person than a document such as a passport. When possible investors ask some questions, it is because they are interested in your project or they are suspicious, and it is up to you to give them an answer.

A KYC done by other websites doesn't mean anything. Remember that those sites are there for a profit, many of them list scam projects very often, and often feature them on their site. It is easy to fabricate something that is on paper, but it is harder to fabricate the real thing.

You said that you are operating in the US, Los Angeles, can you provide documents/permissions, such as registration with state regulators, documents filed with SEC for your STO?  Also, are you sure that you are in Los Angeles? On your website shows that you are in San Francisco, including the phone number is from San Francisco. Maybe you can ask your team to take a group photo at the office and post here. As someone posted above "the more you can prove, more credible your project becomes"



Thanks

Yes, I'm sure I'm here sitting in my home in Los Angeles. San Francisco is our mailing address and I split my time between both parts of the state. For US it is restricted to accredited investors ONLY unless US persons purchase ICO tokens and that is different. Also currently not "promoting" to anyone in the USA.

But as soon as it can be traded all investors from the US can also purchase the tokens?

[chaserenovato]

Renovato LLC is a subsidiary of Renovato Trading OÜ and operated out of Los Angeles California. I will not post my passport on the public domain, no, but I am happy to show you and tracking websites is pending my KYC right now as well.

Here's a selfie without a date but can upload one later tonight.

Hello,

Thank you for uploading your image. We didnt ask you to provide your passport, as we all know that many identities have been stolen in the crypto industry. We rather believe in a real photo of the person than a document such as a passport. When possible investors ask some questions, it is because they are interested in your project or they are suspicious, and it is up to you to give them an answer.

A KYC done by other websites doesn't mean anything. Remember that those sites are there for a profit, many of them list scam projects very often, and often feature them on their site. It is easy to fabricate something that is on paper, but it is harder to fabricate the real thing.

You said that you are operating in the US, Los Angeles, can you provide documents/permissions, such as registration with state regulators, documents filed with SEC for your STO?  Also, are you sure that you are in Los Angeles? On your website shows that you are in San Francisco, including the phone number is from San Francisco. Maybe you can ask your team to take a group photo at the office and post here. As someone posted above "the more you can prove, more credible your project becomes"

https://i.imgur.com/IVh6XTf.png

Thanks

Yes, I'm sure I'm here sitting in my home in Los Angeles. San Francisco is our mailing address and I split my time between both parts of the state. For US it is restricted to accredited investors ONLY unless US persons purchase ICO tokens and that is different. Also currently not "promoting" to anyone in the USA.

But as soon as it can be traded all investors from the US can also purchase the tokens?

US persons now can buy our ICO tokens from us a utility token with no profit sharing capabilities without being a accredited investor. If a US person wants STO tokens then they must be accredited, but there currently isn't any promotion going to US persons. If US persons do partake in our token sale on any level they will have to be verified before receiving tokens for legal.

[chaserenovato]

The token dashboard is here.

https://sto.renovato.io/

[ICOEthics]

Check plz: https://icobench.com/ico/renovato

You already posted a photo in this forum and submitted your KYC to a website that often mysteriously fails and then passes people’s KYC.  Nobody should rely on an advertising company to make an investment decision, especially those sites that have many scams listed on their site.  And there is a disclaimer on their site that KYC procedure is not a call for investment."

We don’t know anything about you and your experience. As a CEO and founder, we think that you would have a complete Bio, especially when you want to raise 17 million dollars.
Also, is your system ready for production?  Has it been tested? This is very important, as no potential investor should invest in a company whose advertised systems, especially a crypto exchange system, which is extremely complicated. Also, has Renovato completed a SOC 2 examination? If so, was this a type 1 or type 2 examination? If not, why?

Yesterday we contacted some team members listed on your website, and today we noticed that you replaced a team member and renamed another one. WHY?
What happened to “Oleksandr Nimets”?  and why was “Andrey Stehno” renamed to “web3.space”? And this new member has a different name, fake name?



https://web.archive.org/web/20190301213143/https://renovato.io/  (web archive from yesterday)
https://web.archive.org/web/20190303000507/https://renovato.io/ (web archive for today)


 
REAL NAME: Shengji Chen
https://www.hodlalert.com/2018/08/28/qtum-community-and-development-updates-august-27/
https://blog.qtum.org/qtum-community-and-development-updates-august-27-5c486e43925c


We don’t understand why you won’t answer our question about where your company is domiciled?  Are you domiciled in Delaware or California, or where?

Since you refuse to provide simple documents we found your company registration in Delaware:



(search: https://icis.corp.delaware.gov/eCorp/EntitySearch/NameSearch.aspx )

You stated that the address in San Francisco is the “office address” and you physically reside in Los Angeles.  According to the State of Delaware, Department of Corporations, your company is a Delaware domestic company, whereas it appears that Renovato is a foreign company. (ie: located in California).
Why is your Company shown by Delaware as a domestic company?  If your company is a domiciled in Delaware, please provide the physical address, so that we can confirm with the state’s department of corporations.


https://icis.corp.delaware.gov/Ecorp/FieldDesc.aspx#RESIDENCY

What is the relationship between the Estonia Company and Delaware Company?
What is the business purposes of establishing a business in Delaware?
Also, where will the investors’ funds (ie: data) reside? Delaware, Estonia or somewhere else?

And according to your website can you provide evidence and status of this application:



Has the Estonian company been granted this(see image), and if so please provide a document.

[chaserenovato]

Here, his telegram is @soulinthone if you want to dig even deeper.

Registry document from Estonia from our law office directly at the link below.

https://www.docdroid.net/AbmNVTE/renovato-trading-ou-14661886-extended-registry-extract-1.pdf

Also in America you can have a company in a different state than where you live for many benefits ranging from taxes to privacy and legal.

There are many reasons why more companies are incorporated in Delaware than any other state. This article highlights a few of the reasons why half a million businesses, including more than half of all U.S. publicly-traded companies and 60% of Fortune 500 companies, have incorporated in Delaware.

https://www.bendlawoffice.com/2011/08/01/reasons-to-incorporate-in-delaware/

What you got next for me bud? I'm happy to have a Skype or any other live chat conversation with anyone from here and I applaud your continuous effort here. I have nothing to hide at all.

Telegram @renovatosto or email token@renovato.io .