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The Q3 10-K will show how many shares were sold under the Sabby prospectus through the end of September. The OS will reflect that. The AS will not change for reason of future MA contingencies. No way does the company do an RS when the company is about to double in size and revenues in less than a year from now. The CEO is in discussions on further restructuring of debt and "other securities." No way will RNVA do another RS until and unless an uplisting is involved. No way.
Operative word, "trash."
So, what's the point? Everybody already knows exactly what the ticker is doing, and most know why. Bulls on this board have posted an awful lot of hard facts. You don't seem to be able to distinguish fact from opinion. Providing an informed opinion is far more useful than just stating the obvious five or ten times a day every day.
The TA is still registering shares at .0009 under the Sabby prospectus, but they are being sold right away at .0001. Almost there. Go RNVA.
The good part: Buyers Friday and today are not people posting on this board with maybe a minor exception or two.
Veterans Day is a Federal Reserve holiday but not a holiday for stock exchanges.
It is. The prospectus is almost fully executed. Theoretically, there might be a trickle of other preferred share conversions, but doubtful. They would be inconsequential anyway, little effect on the ask.
Dang, I was busy today. Looks like I missed a nice close. The press release on debt restructuring said more discussions were underway on debt and "other securities," so you never know. I think that could mean a buyback of some preferred shares, but the stock price is going to value in well above the 000s without a buyback of common shares. Bank on it. Dividend doubtful until all growth plans are implemented. Mid-term to long term, RNVA grows into the share structure with a price in pennies, maybe dimes, then comes the uplisting. RNVA is a winner.
Valuation based on earnings/revenue and growth. Current P/E only about 1/1.
Yes, a limit order to buy at .0001 means .0001 or better. If your order hits the right MM at the right time, you might luck into a fill at the discount. It happens. A few on this board have picked up some shares that way. Maybe not in this situation, but good luck to you.
Q3 10-K due two weeks from today. Smart investors who do the DD start loading RNVA about now.
The predatory investor threat is gone..., poof. RNVA is crazy undervalued by the current numbers. Revenue and profit soaring. For anyone considering buying a 000 stock, there is no reason left not to buy RNVA..., none.
It is THE news. The cloud over RNVA has been lifted.
The SEC has really put the screws to Sabby. No more predatory practices. Go RNVA. Go SEC.
Beautiful. CEO in control. Go RNVA.
“The debt restructuring improves our balance sheet and will save approximately $1.5 million in interest expense annually. In addition, we are in discussions about other potential modifications to debt and other securities in the hope we can secure additional amendments that further improve our overall financial position.”
Register Sabby shares at .0009. Sell Sabby shares at .0001. That has been the pattern for the last three months. We have to be close to the end of the shares under the Sabby prospectus by now.
You know investors haven't made their money yet. That's a silly question. How about putting a clamp on it and waiting to see how it goes? That is if you really are that interested in what happens.
The Sabby preferred share series was the most dilutive, the bastards. Sabby had the CEO by the balls at the time. Fortunately, the new insider trading rules gave the CEO all the leverage to negotiate the prospectus, instead of having to let Sabby game the stock price before exiting.
You have no clue. No one should make trading decisions without doing their DD and understanding it. That was your mistake then and now.
It was close to 10 billion in common shares. Not sure the exact percentage of equity, but it was large enough to trigger the insider trading rule.
Several links related to SEC actions against Sabby have been posted by others. I don't have one handy.
SEC insider trading rules now require a company insider trading plan followed by a minimum 90 day cooling off period. RNVAs insider trading plan was filed at the end of 2022. The Sabby prospectus is being executed under that legally binding plan,
Sabby is facing SEC sanctions for a laundry list of stock price manipulation schemes.
RNVA debt restructuring news (link below) would not have happened unless Q3 earnings kicked ass (10-Q due 11/15). Investors simply need to buy out the remaining shares of one bad actor being forced out under SEC insider trading rules at a major discount to buyers. Buy out the shares left in the Sabby prospectus (link below), and the stock price values in well above the 000s, and fast, no insider sellers in the way. Sabby is selling .0001s. Go RNVA.
https://www.globenewswire.com/news-release/2023/10/25/2766659/0/en/RENNOVA-HEALTH-INC-ANNOUNCES-SIGNIFICANT-DEBT-RESTRUCTURING.html
https://www.otcmarkets.com/filing/html?id=16659851&guid=xf5-kp7N0JZldth
https://www.otcmarkets.com/filing/html?id=16878845&guid=xf5-kp7N0JZldth
RNVA debt restructuring news would not have happened unless Q3 earnings kicked ass (10-Q due 11/15). Investors simply need to buy out the remaining shares of one bad actor being forced out under SEC insider trading rules at a major discount to buyers. Buy out the shares left in the Sabby prospectus, and the stock price values in well above the 000s, and fast, no insider sellers in the way. Sabby is selling .0001s. I am going to repost this every damned day until we get a .0002 bid. Go RNVA.
https://www.globenewswire.com/news-release/2023/10/25/2766659/0/en/RENNOVA-HEALTH-INC-ANNOUNCES-SIGNIFICANT-DEBT-RESTRUCTURING.html
https://www.otcmarkets.com/filing/html?id=16659851&guid=xf5-kp7N0JZldth
Squeeze those lemons.
RNVA debt restructuring news that would not have happened unless Q3 earnings kicked ass (10-Q due 11/15). Investors simply need to buy out the remaining shares of one bad actor being forced out under SEC insider trading rules at a major discount to buyers. Buy out the shares left in the Sabby prospectus, and the stock price values in well above the 000s, and fast, no insider sellers in the way. Sabby is selling .0001s. Go RNVA.
https://www.globenewswire.com/news-release/2023/10/25/2766659/0/en/RENNOVA-HEALTH-INC-ANNOUNCES-SIGNIFICANT-DEBT-RESTRUCTURING.html
https://ih.advfn.com/stock-market/USOTC/rennova-health-pk-RNVA/stock-news/91082577/prospectus-filed-pursuant-to-rule-424b3-424b3
RNVA debt restructuring news would not have happened unless Q3 earnings kicked ass (10-Q due 11/15). Investors simply need to buy out the remaining shares of one bad actor being forced out under SEC insider trading rules at a major discount to buyers. Buy out the shares left in the Sabby prospectus, and the stock price values in well above the 000s, and fast, no insider sellers in the way. Sabby is selling .0001s. Go RNVA.
https://www.globenewswire.com/news-release/2023/10/25/2766659/0/en/RENNOVA-HEALTH-INC-ANNOUNCES-SIGNIFICANT-DEBT-RESTRUCTURING.html
https://ih.advfn.com/stock-market/USOTC/rennova-health-pk-RNVA/stock-news/91082577/prospectus-filed-pursuant-to-rule-424b3-424b3
The RNVA debt restructuring news would not have happened unless Q3 earnings kicked ass (10-Q due 11/15). Investors simply need to buy out the remaining shares of one bad actor being forced out under SEC insider trading rules at a major discount to buyers. Buy out the shares left in the Sabby prospectus, and the stock price values in well above the 000s, and fast, no insider sellers in the way. Sabby is selling .0001s. Go RNVA.
https://www.globenewswire.com/news-release/2023/10/25/2766659/0/en/RENNOVA-HEALTH-INC-ANNOUNCES-SIGNIFICANT-DEBT-RESTRUCTURING.html
UT and RNVA are not in competition. As far as CAH goes, they are collaborators.
Who is DC? If you mean CD, then you are wrong again. Note the term "irrevocable proxy" in the following quote. If CD is the puppet master as you say, he would never have granted the CEO irrevocable proxy. That gave the CEO controlling interest You really don't know what you are talking about. You lost money you could not afford to lose. Get over it and go get a job.
"On August 13, 2020, Mr. Diamantis entered into the Voting Agreement with Mr. Lagan and Alcimede LLC (of which Mr. Lagan is the sole manager) pursuant to which Mr. Diamantis granted an irrevocable proxy to Mr. Lagan to vote the Series M Preferred Stock held by Mr. Diamantis."
Held while waiting for the transfer agent to issue Sabby shares to complete the fill, I suspect. Got to be nearing the last of those shares issued under the prospectus. Sabby has been selling .0001s. The evidence is overwhelming. We need a bargain hunting, bottom feeding whale to show up and finish off Sabby for good. Yum. Yum.
If you only knew the lols I have had, you would know how stupid day trading momentum chasers really are. I've made some damned good money with OTCs. I am not a day trader. I have a longer attention span than that.
I started buying when the CAH revenue started rolling in. (Q2 2022 earnings report) I could deduce then that sterling earnings reports would follow, and they have. I buy value, not momentum. Value always pays off. Might have to wait, but it always pays. That's from over twenty-five years selectively trading OTC stocks as well as on the big boards.
They don't or can't read earnings reports. They just follow ticker activity. I know that much about them.
I just did. You want the "poof?" You can't handle the poof.
How much did you lose? Emotionally unstable people like you really don't belong in the stock market.
You post POOF.
The bulls on this board have bought the value shown in SEC filings. You are just spewing your hatred over the money you lost buying at the wrong time. Tired of hearing hate filled shit mostly from paid bashers, might include you.