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515m ask at 1- no bid
I'm not sure but it looks like the Ask is GROWING!
Are we nearing the NEXT REVERSE SPLIT???
rnva
What does normal small buy orders mean? Market or limit?
LOL- of course-- and you can bet the OS is no where near what the OTC is reporting with that OUTDATED INFO-- IMO its at LEAST 5BILLION OS and possibly as high as 10 BILLION. Just review vol history and MONTHLY DATA. Need a link: here it is:
https://otce.finra.org/otce/marketStatistics/monthlyShareVolume
july
Rennova Health, Inc. Common Stock
8,353,927,961
june
Rennova Health, Inc. Common Stock
1,311,159,861
may
RNVA
Rennova Health, Inc. Common Stock
4,154,779,802
AS about MA and/or growth potential.
Are you aware of the difference between authorized shares and outstanding shares??????
Are you thinking there are 250 billion shares available in the market ?????
Yes I see and agree there may be some cornfusion hear :))))
i don’t go by the authorized shares
The outstanding shares is what matters
After the reverse split the outstanding tradable shares was 25 million
But you saw billions and billions dumped into the market
Down fro $1.00 one dollar
To .0000001
IMPORTANT NOTE:::::::
THERE WERE NOT BILLIONS OF SHARES AVAILABLE!!!!!
So where did these air shares come from
The next filing will show exactly the outstanding shares how many
And we can hash it out from there
I believe if the outstanding share count stays at 25 million shares the sec will shut it down and do an investigation ?????
Something is off
If Rnva diluted shares we will find out???
If they diluted and they were restricted for a year the mms have a huge NSS short issue and will be forced to cover those billions at the asking price !!!!!!
Mine are locked at .10 cents
That’s what they may have to pay !!!!!!!!
Effective November 5, 2021, the Company increased the authorized shares of common stock from 10 billion to 50 billion and, effective March 15, 2022, the Company increased the authorized shares of its common stock from 50 billion to 250 billion.
page 8:
https://www.otcmarkets.com/filing/html?id=15839636&guid=eA1-kpTaeC7fJth
Reverse Stock Splits
On July 16, 2021 and March 15, 2022, the Company effected a 1-for-1,000 reverse stock split and a 1-for-10,000 reverse stock split, respectively (the “Reverse Stock Splits”).
As a result of the Reverse Stock Splits, every 1,000 shares of the Company’s then outstanding common stock was combined and automatically converted into one share of the Company’s common stock on July 16, 2021 and every 10,000 shares of the Company’s common stock then outstanding was combined and automatically converted into one share of the Company’s common stock on March 15, 2022. The conversion and exercise prices of all of the Company’s outstanding convertible preferred stock, common stock purchase warrants, stock options and convertible debentures were proportionately adjusted at the applicable reverse split ratio in accordance with the terms of such instruments. The par value and other terms of the common stock were not affected by the Reverse Stock Splits. The authorized capital of the Company’s common stock and preferred stock were also unaffected by the Reverse Stock Splits. All share, per share and capital stock amounts and common stock equivalents presented herein have been restated where appropriate to give effect to the Reverse Stock Splits.
Amendment to Certificate of Incorporation, as Amended
Effective November 5, 2021, the Company filed an Amendment to its Certificate of Incorporation, as amended, with the Secretary of State of the State of Delaware to provide that the number of authorized shares of the Company’s common stock or preferred stock may be increased or decreased (but not below the number of shares then outstanding) by the affirmative vote of the holders of a majority in voting power of the stock of the Company entitled to vote generally in the election of directors, irrespective of the provisions of Section 242(b)(2) of the General Corporation Law of the State of Delaware (or any successor provision thereto), voting together as a single class, without a separate vote of the holders of the class or classes the number of authorized shares of which are being increased or decreased unless a vote by any holders of one or more series of preferred stock is required by the express terms of any series of preferred stock pursuant to the terms thereof.
Increase in Authorized Shares of Common Stock
Effective November 5, 2021, the Company increased the authorized shares of common stock from 10 billion to 50 billion and, effective March 15, 2022, the Company increased the authorized shares of its common stock from 50 billion to 250 billion.
E*Trade No just normal small buy orders but it has to be red at .00001/.000001 when peeps are dumping at market .
Level II inside ask of .0001 with outside ask of a dollar. Not sure I have ever seen that before.
Yeah heard that before as well. Odds are massive against that happening.
People think this is some ordinary trip 1 lotto but it’s far worse lol.
But at least those people aren’t delusionally insane enough to think this is worth anything more than a flip opp.
Which broker? Market order I assume? Hard to believe, frankly.
its constantly trading .000001 as an indication this thing will nose dive harder then before after the coming split. If you currently hold lets say 1 million shares valued at $100,after the coming split within a week or so your $100 will becoming $1. for some reason guys keep buying this junk and think they are averaging down. SMH That's beyond far from the truth. You are simply throwing away your money.
Down to 0.000001? very good, tomorrow I will load another billion. I will be rich, very rich .
Been there lol anyways its all good been on tilt many times before with many years of playing the otc $$$
It’s nice to dream, right? Don’t you remember the CEO saying that the company is broke and no one would lend them any money, and the only way to get some funds is to receive donations from naive newbies aka sell shares. Keep dreaming, miracles do happen. GLTU
Do dead hippopotamuses bounce?
rnva
So true. You caught me drunk messaging.
rnva
I would say from now till sept imo $$$
Yet your wasting your time on this board lol $$$
Tom got burned so did I with this hes has been here a while but im getting my investment back and some patients is key here $$$
The price at closing says it all. PATHETIC!!
rnva
They should be close to cash flow positive which is big moving forward but to say the SEC wouldn't approve a reverse is only true because its FINRA is who facilitates reverse splits not the SEC & yes FINRA would facilitate it as quick as they do every time
Saying that no split is happening anytime soon....
Hopefully RNVA is finally ready to show out here in the coming weeks
GLTA
No chance for any gains.....
Ya...then after the RS....suppose to open at a buck. Opens at .34 cents...and down all day from there. Took a month to get back to .0001.
I read somewhere that the new diluted shares are not in the float and cant be traded . They are preferreds but part of the authorized share count .
Could this info be accurate????
If so what if we only have 250 million shares post split availabile???????
And air shares of billions were trading post split ??????
Could this have finally proven the massive
NSS positions never covered as they planned on Rnva going broke /toast
They never saw this reverse coming
1/10,000 down to 25 million total outstanding shares????
Who knows? 10Q due Monday.. They usually take the 5 day extension so by next weekend we'll get an update
GL
THEY CANT REVERSE FOR ATLEAST 6 MONTHS AND SEC WOULD NEVER APPROVE THAT !!!!’
WITH ONLY A COUPLE BILLION OS
RENVA IS FINALLY GOING TO BLOW SKY HIGH
SOONER OR LATER ENOUGH REVERSES WILL SHOW A SOMEWHAT GAIN
.00005/ TO .005 to.05
NEW HOSPITALS GALORE
MEDICAL CENTERS MADNESS
130 employees????????
That’s alotta payroll’s $$$$$$$$$$$$$$$$
How long do you think?
Where goes it go from here? Up or Reverse Split?
They have been filling my small orders at .00001/.00005
3 million a pop
Higher orders not filling
I want some .000001’s
Why can’t the otc just let us do 4 digits since the mms can ??????
What would it hurt ?????
.000001 thats the bottom!!!!!!!!!!!!!!!! 5 zeros and a 1- .000001
Wow! Now trading @$0.000001. Damn, can this go any lower? Geez!
During the best of times this thing was a shit show. How can anyone expect this to do better during the worse of time. Give me a break. Shameless is simply too much of AHOLE to let his common holders tturn any kind of profit here
agree-- dilution keeping it down-- MM's playing too-- taking a .00005 cut
“MM’s” been holding this down for years now according to some. Always an unverifiable excuse to keep this scam going.
ask size 411.000.000 shares
the REAL SS numbers will be REVEALED in the next filing!
IMO 10B OS- 250B AS
That should be easy once mms let it roll $$$
Congratulations! That’s a good size position.
RNVA!!!
Hey How's this prediction working for you 0.0010?
It’s gotten that low before. Stayed there for a couple days to suck in a new group of wannabe flippers (me included lol) then ballooned back up.
Then RS.
No logical reason to think anything will be different this time. This is a dream fantasy lotto play.
Which is fine as long as the players acknowledge that, and don’t act like this utter pos has any chance of becoming a real company that will have a market cap greater than Apple.
And yes, a long here has said that, as insane as it is.
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