UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
July 29, 2020
Date of Report (Date of earliest event reported)
333-188401
Commission File Number
| SUCCESS ENTERTAINMENT GROUP INTERNATIONAL INC. | ||
| (Exact name of registrant as specified in its charter) |
| Nevada | 99-0385424 | ||
| (State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) | ||
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| 601 South Boulder Ave., Suite 600, Tulsa, OK | 74119 | ||
| (Address of principal executive offices) | (Zip Code) | ||
(260) 490-9990
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On July 29, 2020, Success Entertainment Group International, Inc. (OTCQB: SEGN) (the “Company”) issued a press release announcing that it has recently changed its corporate name with the state of Nevada to Renavotio, Inc. (“RI”) to better illustrate its current business and operations and to highlight the newly-configured Company. Accordingly, the Company has applied to the Financial Institute Regulatory Authority (FINRA) to change its name and OTCQB ticker symbol. .
The Company has, additionally , announced the launching of its new corporate website at www.renavotio.com, which details Renavotio Inc.’s core-services and business lines, competitive advantages, management team, and recent events and news.
“The changing of our corporate name and filing of an application for a new stock trading symbol is another important step in the re-branding process for Success Entertainment Group International. Renaming the Company, “Renavotio, Inc.” is more reflective of our move into new and exciting products and services that we expect to generate income and future growth. “Renavotio” is derived from the Latin word “Rena,” which means “reborn,” and we believe that the name signals an important inflection point for the Company as we progress into new infrastructure, utility management and construction, and personal protective equipment (PPE) operating businesses,” said William “Billy” Robinson, Chief Executive Officer.
The information in this Item 7.01, including the exhibit attached hereto, is furnished solely pursuant to Item 7.01 of Form 8-K. Consequently, such information is not deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section. Moreover, the information in this Item 7.01, including this exhibit, shall not be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933.
Cautionary Statement Regarding Forward-Looking Information
This current report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends forward-looking terminology such as "believes," "expects," "may," "will," "should," "anticipates," "plans," or similar expressions to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, which could cause the Company's actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks described more fully in Item 1A in the Company's Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company's filings with the SEC.
Section 9 - FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: July 29, 2020 | By: | /s/ William Robinson | |
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| William Robinson | |
| President, Secretary, and Director |
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EXHIBIT 99.1
Success Entertainment Group International Announces Name Change and the Launch of Corporate Website
Tulsa, Oklahoma--(-Newsfile Corp.–July 29, 2020-)--Success Entertainment Group International, Inc. (OTCQB: SEGN), (the “Company,” or “SEGN”), today announced that it has changed its corporate name with the state of Nevada to Renavotio, Inc. (“RI”) to better illustrate its current business operations and to highlight the newly-configured Company. Accordingly, the Company has applied to the Financial Institute Regulatory Authority (FINRA) to change its name and OTCQB ticker symbol.
Additionally, the Company has launched its new corporate website at www.renavotio.com, which details Renavotio Inc.’s core-service and business lines, competitive advantages, management team, and recent events and news. The launch of the site should bring valuable global relationships and key advantages to the Company, specifically the opportunity to mine a database to newly target businesses that may utilize RI’s services and products.
“The changing of our corporate name and filing of an application for a new stock trading symbol is another important step in the re-branding process for Success Entertainment Group International. Renaming the Company, “Renavotio, Inc.” is more reflective of our move into new and exciting products and services that we expect to generate income and future growth. “Renavotio” is derived from the Latin word “Rena,” which means “reborn” and we believe that the name signals an important inflection point for the Company as we progress into new infrastructure, utility management and construction, and personal protective equipment (PPE) operating businesses,” said William “Billy” Robinson, Chief Executive Officer.
ABOUT RENAVOTIO, INC. (RI), FORMERLY SUCCESS ENTERTAINMENT GROUP, INC.
Renavotio, Inc. is focused on infrastructure opportunities including Medical, 5G, utility construction, utility management, IoT, water, waste management technology, and related industries. RI initial targets and recent medical protective gear are infrastructure companies with utility construction, consulting/operational agreements with small towns or county CO-OPS that operate their own water and sewer systems, providing long-term savings, utilizing smart-utility monitoring, and dedicated engineering and service personnel. These platforms capture utility data from hand-held GPS devices or in-place sensors, with planned use of drones to identify waste contamination, leak detection, and topographic underground utility installation planning. Its wholly owned subsidiary, Utility Management Corp, a holding company focused on infrastructure, 5G, utility construction, utility management, IoT, water and waste management technology, and related industries. One subsidiary, Utility Management and Construction (UMCCO), is an engineering and smart utility management company that provides a one-stop solution to rural communities to reduce the consumption of electricity, natural gas, and water utilities for commercial, industrial and municipal end users. UMCCO’s unique approach creates immediate bottom line savings for clients, by providing the engineering, planning, permitting and installation through their second wholly-owned subsidiary, Cross-Bo Construction, which specializes in water, sewer, Telcom, and 5G design and installation, establishing a long-term value proposition while also achieving respective sustainability goals.
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain "forward-looking statements" under applicable US securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals, where applicable and the state of the capital markets. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
IR Contact:
Success Entertainment Group International Inc.
Email Contact: brobinson@renavotio.com
Telephone: +1(504) 722-7402
Skyline Corporate Communications Group, LLC
Lisa Gray, Senior Account Manager
One Rockefeller Plaza, 10th Floor
New York, NY 10020
Office: (646) 893-5835
Email: lisa@skylineccg.com
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