Invest in RenewaBlox

Management’s Discussion and Analysis of Financial Condition and Results of Operations

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.

Overview

Solar Development | Data Center Co-Location

RenewaBlox Inc principle business is land acquisition, planning, zoning and development for future solar use projects.

Milestones

RenewaBlox Inc. was incorporated in the State of Delaware in September 2023.

Since then, we have:

• Land: 160 acres of land secured by option for development in Illinois.
• Initial funding: Development budget of $220,000 via experienced Joint Venture (JV) partners agreed
• Low Risk: Unique, diversified revenue model with solar income guaranteed at US Federal & State level
• Proven in solar: team has 14 year track record in delivering over $500m of other solar projects
• Proven in Bitcoin Mining: Combined 12 years experience of designing & managing mining projects
• We're already on the journey! Over a year of extensive development work means we're ready to go!
• Crystal clear roadmap: Precise, milestone driven plan from start to finish
• Future proof: Join us as we "rinse & repeat" with exciting new locations and projects.

The Company is subject to risks and uncertainties common to early-stage companies. Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future.

Historical Results of Operations

Our company was organized in September 2023 and has limited operations upon which prospective investors may base an evaluation of its performance.

• Revenues & Gross Margin. For the period ended December 31, 2023, the Company had revenues of $0.
• Assets. As of December 31, 2023, the Company had total assets of $10,000, including $0 in cash.
• Net Income. The Company has had net income of $0 for 2023.
• Liabilities. The Company's liabilities totaled $0 for 2023.

Liquidity & Capital Resources


After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 27 months before we need to raise further capital.

We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don’t have any other sources of capital in the immediate future.

We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 8 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.

Runway & Short/Mid Term Expenses

RenewaBlox Inc. cash in hand is $0, as of October 2023. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $0/month, for an average burn rate of $0 per month. Our intent is to be profitable in 27 months.

There have been no material changes since the date of our financials. This is an opening statement of a newly formed company set up specifically to deliver this project and there are no additions at this time. 

Revenues are likely to remain zero in the near future and possibly even for as long as 27 months and these considerations are a key part of the business plan, ie by ensuring we have enough runway for that worst case scenario up to that length of time. Whilst Solar development projects such as this are often profitable, they are also considered medium to long-term operations. This project is being delivered in five phases over a period of around five to six years. The first - and longest-phase requires runway funding for the maximum period of 27 months, but a successful execution of CS1 means that the following phases of CS2, CS3, and CS4 will be automatically funded. The phase known as POG1 will require additional funding should the Bitcoin mining element of the operation be considered viable on reassessment at that time.

We are not yet profitable. By design, the project does not yield any ongoing revenues until the NTP (Notice To Proceed) for phase one, known as CS1 is achieved. This model is similar to that of a contractor acquiring land to build a property on it. Once the contractor has the land, he has to apply to secure the permits and permissions which can take considerable time, even if he knows - as in this case - the chances of being refused are very slim. However, once acquired, the value of the land increases significantly even before he sets a single timber. Not only can he now proceed, he also has the option to sell that land for profit, but in either case he will not receive any income at all into the his business until that step is complete.

Aside from Wefunder, we have formed a JV (Joint Venture) with a well-established company in the industry with a strong track record of delivering projects such as these, on a 50/50 share basis. Renewablox's forecasts and expenses are therefore all based on that share. However, it also means that the company has access to the initial funding needed to start the project. Under the terms of the agreement, the company we have a JV with will fund the entire initial development phase up to $220,000 which will allow CS1 to get to NTP (Notice To Proceed) point purely in terms of basic costs, but with the understanding that this funding will be returned via this crowdfund within 12 months. This therefore guarantees that the project can begin without having to wait for the crowdfund to fully execute and it is, in fact, already underway.

All projections in the above narrative are forward-looking and not guaranteed.