Renuen Corp (RENU)

Shaka Shoes, Inc., was originally incorporated on March 1, 1996 in Florida as Integrated Marketing Technology, Inc. Its name was changed to Technology Resources, Inc., on January 1, 1997. In 2009, Company changed its name to 'Shaka Shoes, Inc.' This name change was effective and filed with the state of Florida as of May 22, 2009. The company is a sales distribution company of specialty footwear made from ethylene vinyl acetate (EVA). Shaka Shoes footwear is made from proprietary resin blend, called 'ShakaZorb'. The Company has since expanded to approximately 100 dealers in the United States and internationally. It aims to produce a top quality shoe at an entry-level price. All products are produced using a proprietary resin, ShakaZorb, which is a break-through, impact-absorbing material that provides the ultimate in comfort and support. Unique features of ShakaZorb include: (i) anti-microbial formulation; (ii) non-marking, anti-slip soles; (iii) a softer resin, with increased density to provide improved support and comfort; (iv) orthopedic foot bed that conforms to the unique foot bed within hours of initial wear; (v) non-toxic formula. The footwear is produced in three factories in the People's Republic of China. These factories have the capacity to increase their production capacity in accordance with demand.