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That is if the deal goes bad. All the convertible is basically protecting the assets of rvna in case foxo somehow has something bad in its closet. This is a merger play and Seamus is the CEO of both companies now
Not enough shares to trade
I read something about 500,000,000 shares and them transferring into that
Read the 8k ,rvna is now foxo , rvna share holders shares will be transferred someday , is my translation of it
I mean my hope is a 10 for one or 20 for one but dealing with pink sheets for as long as I have it might be 1000 for one the 10 and 20 is based on converting 42 billion into the 2.5 billion I’ve thought I’ve seen before for foxo AS
There is no RS literally there will be a share exchange which will be sort of like RS like 1,000 rvna shares for 1 FOXO but no RS of FOXO if they RS anymore there wouldn’t be any shares left lol
I think that’s the reason why they have such low volume I think they rs about a year ago or something
Come shawn hasn’t PR convinced you to sell yet you know you want to lol just kidding
Not even sure how IBM even fits into just acquiring a hospital and a rehab
As much as 560 million is a lot of volume it really was only $260,000 in contrast $580 million was traded today on AT&T lol and that’s like daily
L O L I just seen that I think he copy paste stuff lol
That guy scares me into buying all the time lol that’s why I ended up 32 million of these shares
Actually I was replying to his one post not this one, no I don’t hope for an RS lol I hope they get current quickly OTC markets
Yeah well they just got their Wyoming situation resolved they’ll be getting to that shortly I imagine at least they better
Blah blah blah I see a bunch of investors who got tired of waiting hell I’ll admit I’m getting tired of waiting
Yeah that’s definitely a good point Market makers are called marketmakers for a reason lol
Looks like somebody saw that it was stuck at fives and decided to go away oh well their loss lol
Oh I didn’t realize that’s what that post was about oh well I guess somebody got lucky and got some pours and maybe some threes anyway long and strong here
Doing what no I didn’t see
It’s been two weeks actually over two weeks since the papers were signed and nobody has said anything I feel for the person who dumped but I’m still here
RS is the reason this stupid thing is the way it is these ignorant companies think RS saves them but there’s no cap flow with so little shares and Leaves such a big AS that nobody wants to trade it because hey dilution
Only $30,000 to buy that ask
With all this volume the last few days will end up being in dollars after newsbreaks lol and yes to the trolls I am just kidding but this will shoot up like a rocket in my opinion
Yeah but that’s like two weeks ago I’m still in it all the way but I hope they do something by the end of next week or all upward trajectory will be gone
Just like the other day, everyone wanted 3’s now today 5’s lol oh well pretty healthy churn here though
Yeah we seem to be stuck with people wanting fives hopefully we get news in the next day or two and then we will fly
Yeah I made that post because I seen his other posts looking for his motives lol
Yeah but some flippers bought 10million 1’s sold half their shares at 4s now have 5 million free shares and $1,000 profit. All i am trying to say is we all have different strategies glta
Show me on the doll where the otc hurt you.
Other than it is a reverse merger play there’s no real information though allegedly according to the old management paperwork has been signed already but we have no idea
Yep the bid is getting stronger
Smack dat assk lol
Actually the dumping happened a couple weeks ago I think it’s more buys now
No it’s not it makes nobody interested in the stock everybody knows if somebody just recently reverse split and then they have a bunch of shares they can drop again no it’s not at all a good idea or best interest of anyone
There’s nothing sinister about people flipping heck I got 32 million shares, why’d you blame the company if I dumped them? I am just an idiot retail investor
Actually the best thing to do is take profits along the way doesn’t matter when you bought it but obviously if things look stale then you dump it that’s just natural and normal that’s what really happens
Why? no need to sell now we just gotta wait another couple weeks for everything to be up-to-date and all that good stuff
I’m about over this ticker I might be the next one to write off my shares lol but probably will wait till the end of the year anyway
Well that’s no big deal actually and it probably doesn’t cost too much money to get back in but they just got taken over so we just wait for new management to get it all taken care of
Yes and it actually already took place the new management is working on getting it turned back on