OTC Bulletin Board

S & P Company Insight for STRATOS RENEWABLES

Business Summary: Intends to engage in the business of producing, processing and distributing sugarcane ethanol in Peru. The company intends to acquire and operate a total of four mills with attached ethanol distilleries.
  9440 Santa Monica Blvd., Suite 401
  Beverly Hills , CA 90210
  Phone: 310-402-5901
  Fax: 310-402-5947
  Website: http://www.stratosrenewablesenergy.com
  Moore Stephens Wurth Frazer and Torbet
Transfer Agent
  Holladay Stock Transfer, Inc.
Employees:  28
ShareHolders:  115
Founded:  2004
Domicile:  Nevada

Stratos Renewables Corporation, in the development stage as of March 31, 2009, intends to engage in the business of producing, processing and distributing sugarcane ethanol in Peru. Ethanol is a renewable energy source that can be mixed with gasoline and used as motor fuel. A subsidiary of the company has acquired certain assets and rights relating to a sugar mill located in the province of Chepen, Peru. The company plans to relocate the sugar mill and to acquire and install a distillery unit to adjoin it for the production of ethanol. Stratos plans to develop ethanol and sugar products through the cultivation, harvesting and processing of sugarcane in low-cost growing locations. The company's business plan consists of two phases. Phase I will primarily be focused on establishing the company's initial ethanol production facilities and infrastructure. Phase II will primarily be focused on expanding operations in strategic locations. Phase I of the company's business plan comprises five components: mill and distillery acquisition, expansion and modification; seedling production; land sourcing; field installment; and conducting feasibility studies and generating a business plan for Phase II. On May 3, 2008, the company entered into a lease with an unaffiliated third party in order to obtain the rights to use 24,000 hectares of undeveloped land in Peru, of which 15,000 hectares are plantable land. Phase II will consist of the company's expansion in strategic locations along the northern Peruvian coast and the cultivation of its own sugarcane supplies to be used for production. In connection with Phase II, Stratos anticipates raising and investing additional funds in order to plant sugarcane on 48,000 hectares of raw land, and acquire and operate a total of four mills with attached ethanol distilleries, with expandable capacities and distribution port infrastructure. By the fourth quarter of 2014, it is the company's goal to be able to process a total of 25,000 tons of sugarcane per day, and produce approximately 180 million gallons of anhydrous ethanol annually. The company expects to initiate Phase II in 2009.
History:  INCORPORATED in Nevada Sept. 29, 2004, as New Design Cabinets, Inc.; name changed to Stratos Renewables Corp. Nov. 20, 2007. On Nov. 14, 2007, the company acquired 99.9% of the issued and outstanding Common shares of Stratos del Peru S.A.C. for 45,000,000 Common shares. Stratos del Peru S.A.C. was incorporated in Peru Feb. 27, 2007, as Estratosfera del Peru S.A.C.; name changed to Stratos del Peru S.A.C. July 11, 2007.
Stratos del Peru S.A.C.


 Steven S. MagamiChairman
 Stephen L. NorrisVice Chairman
 Thomas  SnyderPresident & Chief Executive Officer
 Julio Cesar AlonsoTreasurer, Chief Financial Officer & Chief Accounting Officer
 Jorge Eduardo AzaChief Operating Officer
 Valerie A. BroadbentSecretary

 Leonard  Brooks
 Foo  Katan
 Steven S. Magami
 Alexander  Nevinsky
 Stephen L. Norris
 Annual Report

Annual Report
Income Statement
General and Administrative(2,938,167)(520,779)
Professional Fees(2,497,437)(100,611)
Consulting Fees(1,330,250)(144,784)
Interest Expense(1,317,300)(721,462)
Amortization of Debt Discounts and Debt-issuance Costs(3,171,049)(609,317)
Change in Value of Beneficial Conversion Liability511,926624,052
Change in Value of Warrant Liability1,410,79995,972
Earnings before Taxes(11,914,720)(1,587,257)
Provision for Income Tax(850)-
Net Income (Loss)(11,915,570)(1,587,257)
Basic and diluted EPS - Continuing Operations(0.20)(0.03)
Balance Sheet
Cash and Cash Equivalents761,2573,357,417
Prepaid Expenses and Other Current Assets712,111155,020
Funds Held in Trust for the Company92,652-
Debt Issuance Costs1,013,32656,948
Total Current Assets2,579,3463,569,385
Plant and Equipment, Net5,223,2964,600,923
VAT Receivable1,225,130899,567
Other Assets118,95821,711
Land Deposits302,632-
Total Assets9,449,3629,091,586
Accounts Payable906,495173,032
Accrued Interest425,32939,248
Convertible Promissory Notes5,602,2102,495,631
Accrued Warrant Liability2,652,6921,164,501
Other Payables620,08484,648
Accrued Beneficial Conversion Liability-250,938
Accrued Redemption Premium296,615670,150
Total Current Liabilities10,503,4254,878,148
Preferred Stock Convertible8,5727,143
Common Stock - Par Value63,49557,667
Additional Paid in Capital12,649,0415,721,864
Deficit Accumulated during the Development Stage(13,502,827)(1,587,257)
Other Comprehensive Income (Loss)(272,344)14,021
Total Shareholders Equity(1,054,063)4,213,438
Total Liabilities & Shareholders Equity9,449,3629,091,586
 Interim Report

Interim Report   
Data Not Available
 Pro Forma Report

Pro Forma Report   
Data Not Available
 Quarterly Report

Quarterly Report Information   
Quarterly Revenue, US$
  2009   1Nil
  2008   1Nil
  2008   2Nil
  2008   3Nil
  2008   4Nil
  2008   Full Year Nil
Quarterly Net Income, US$
  2009   1320,000
  2009   2(2,150,000)
  2009   3(6,290,000)
  2008   1(4,020,000)
  2008   2(1,520,000)
  2008   3(4,850,000)
  2008   4(1,520,000)
  2008   Full Year (11,920,000)
  2007   Full Year (1,900,000)
Quarterly EPS, US$
  2009   1Nil
  2009   2(.03)
  2009   3(.06)
  2008   1(.07)
  2008   2(.03)
  2008   3(.08)
  2008   4(.02)
  2008   Full Year (.20)
  2007   Full Year (.05)
 Stock Data

Capitalization as of 03/31/2009:
 Authorized SharesOutstanding Shares
Common $0.001 par250,000,00064,202,661
Preferred $0.001 par50,000,0008,400,009so2
Common $0.001 par
COMMON SOLD PRIVATELY: In November 2007, the company issued an aggregate of 2,666,794 Common shares and warrants to purchase an aggregate of 1,333,396 Common shares in a private placement. The aggregate gross proceeds raised by the company in connection with the private placement were $1,867,090. Each Common share was sold to investors at $0.70 per share.
Stockholders:  03/31/2009, 115.
PRINCIPAL STOCKHOLDERS: March 31, 2009, Steven Magami owned or controlled 20.7% of the Common, Luis Goyzueta 13.6% and Carlos Antonio Salas 7.8%.
Transfer Agent:  Holladay Stock Transfer, Inc.   Scottsdale , AZ
OTC Bulletin Board( Primary): SRNW
OTC Bulletin Board20090.51000.0100
OTC Bulletin Board20081.90000.2500
OTC Bulletin Board20071.75001.5000
DIVIDENDS: Common $0.001 par: No cash. Common split 15-for-1, Oct. 11, 2007.
  so2Closely held. Consists of Series A Preferred. Series A is convertible into Common at a one-to-one ratio.