The Renewable Corporation signs Letter of Intent

LAKE PARK, Fla., Nov. 5, 2013

Following the closing, the Board of Directors of FIND shall consist of two current Board Members of FIND and three members that shall be appointed by the Company including Joseph Alvarez, the current COO of EcoSmart, and Steve Malone. Mr. Alvarez shall be CEO of FIND. Subject to compliance with all Securities and Exchange Commission requirements, the Company intends to distribute the FIND common stock to the Company's shareholders.

The closing of the acquisition is subject to several conditions, including without limitation, satisfactory completion of the Company's due diligence investigation and execution of a definitive Purchase Agreement. The transaction will be structured either as a merger or asset sale. Regardless the Company will own approximately 80% of the outstanding shares of FIND on a fully-diluted basis. Subsequent to the anticipated closing of the transaction, the business operations of the EcoSmart entities will comprise the FIND business operations.

Gary Smith the CEO of the Company stated, "Over the last several months the share price of our stock has been steadily decreasing despite the continued increase in revenue by the Company. Earlier in the year a group of unaffiliated shareholders, that were issued significant numbers of shares dating back to 2010 and 2011, attempted to liquidate their holdings in the Company. During this process there was little to no market for the Company's stock. The continual selling pressure by these shareholders has consistently driven the share price of our stock down. Over the last few months the Company has begun to experience severe financial distress due to its inability to raise capital as a result of the declining share price. In order to protect, what we feel are very valuable assets in EcoSmart, we have entered into this Letter of Intent. This transaction will not only protect the operating company, EcoSmart, but protects our shareholders investments that have contributed to the successful development of the EcoSmart product line. As part of the transaction we have agreed to elect EcoSmart's current COO and Executive Vice President Joe Alvarez as the new CEO of FIND. Mr. Alvarez has a world class operations background and has been vital to the development of the EcoSmart product line. We are all looking forward to the completion of this transaction so EcoSmart can continue to grow and become a valuable public company."

About The Renewable Corporation

The Renewable Corporation ("RNWB"), through its wholly subsidiary EcoSmart Surface & Coatings Technologies, Inc. ("EcoSmart") has developed state of the art industrial coatings which comprises of over fifteen specialty coatings that have a wide range of uses in industrial, commercial and residential sectors. EcoSmart is leading the industry in organic and inorganic coatings by using an Eco-Nanobond™ technology that allows for vast multi-surface applications. EcoSmart has also developed a "patent pending" process that fully encapsulates harmful VAT asbestos tile.

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