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Looks like 2's are going to be a bit tougher to grab next week.
GL
Happy Friday All!
Even the lost LOL kitty spam crew
Also the same CEO who you want me to eat word for word also said the 10K was ready. Better yet go back and listen to all the previous pods dates he gave for financials amongst other projections. Some truly huge misses.
He's been trolling bears in pods for almost 2 years after he trolled bulls on twitter for the previous 2
I also think we may see a split, 10,000-1 even, but also think we will make bank split or no split.
GL, deep breath, and have some patience
The market will tell you when you are wrong
Gotta have patience grasshopper, we're very close to brighter days as you can already see the PPS peaking out of hibernation when you previously doubted
Lets see where we are in 3 months and not 3 days
GL
If they do happen to perform a split, the ratio wont really have much to do with making a profit after although a higher ratio would ensure bigger investors can buy, so that could actually help
So long as as split at any ratio is done at a much higher PPS and there is no accompanying toxic financing it will recover in the uptrend as you would expect SL would want given his share lockup.
Don't get me wrong id rather not see it and avoid the inevitable pull back afterward. But if it is done in that manner it the amount of shares you have left is meaningless as they will have the same value either way
GL
Post 98235 says like always you are wrong again.
Keep kicking buddy
LOL? Clearly my can is headed in the stated direction it was kicked.
That 'we will never break 2's', mass destruction can, well not so much.
Time to give your busted up can a long break.
Hoping around mid July we see some good movement.
Thinking we may start slow stepping the price up next week if the remaining loose 2's are swallowed up in the next couple days and no news comes out next week
Gonna be tough to find 1M available at 0.0001 forget about 1B LOL
0.0002's are the new 0.0001's
But even then there really only so much available that any current holder would sell
I dont even know if they will do a RS.
But yes if they do it im sure they would be in a nice cushion
Price is the most important aspect here for them if the execute. They are not going to go for the bare minimum and have it slip away on a panic sell.
Yes I think $5 to $100+ tbh.
The $100 plus will leave room for a drop back near $10
Also careful hanging off Seamus's words in the pods
Naw man. You dont doubt when know what you are looking at.
And why question my positivity right now? I told you before to have patience and this was going be breaking out of an accumulation range. And we did. Have some more patience and soon we'll see the next leg into an uptrend.
Question the ones who said we'd never break 2's, called for BK, destruction etc.and seem even more pissed off since we popped out of range?
Just my views
Careful who you follow
Refer to my previous post 94137 May for my planned celebration activities.
Filterthenoise Saturday, 05/09/20 09:42:04 PM
Re: George1234 post# 94136 0
Post # of 98153
I'll do Zoom or Skype at .0085
0.1 for a social distance meet up in Fentress
1-3 *for a social distance meet up in Fentress, Vegas if open*
5-13 for fist pumps, high fives, hugs, meet up in Fentress, to Vegas, to Macau, to party City of your choice, back to Jellico for COVID testing, BFSMC for STD testing
*high probability of emergency return to Jellico and BFSMC for further testing
100% agreement from top to bottom
GL
Disagree with the last sentence. There would be a sharp panic sell but without risk of toxic financing the stock will be base within the uptrend
I doubt they intend to obliterate the stock after clearing debt for shares,also considering the large Governemnt oversight directly on them, the Government funding they are raking in and the Company now getting all feet on solid ground.
There is wayyyyyy to much value here in this Company in a stable, non-toxic climate. Doesn't make sense
I accumulated for a couple years so i can play the short and long game here
Nothing is a guarantee until request s sent to FINRA.
But yes they are allowed to execute the split request anytime between now and December 31st but only after they become compliant with financial reporting again
It is up to Seamus and CD as to timing or cancellation
My hunch is it will happen for the reasons I posted
Either way i see the stock prospering short and long term
I'm ready for both scenarios, but also understand there is a solid business case for a split here.
'If' they do a split I would guess they have a price target more then anything. So not sure what they release in the next couple months
I also assume spinoff comes post split if they happen to proceed with it and the share distribution to be based around updated share structure. So Q3 timeline become Q4.
Remember CD and Seamus cant sell a dime until January 2021
I disagree.
It will be ugly for a period after either ratio. Its not the ratio or the split the kills the stock. Its the initial panic selling and then the toxic financing
If a split happens there is likely only risk of a panic sell IMO. Then firming up
The larger ratio allows for a number from $1-10 to hold post panic selling.
Not really a surprise. Current longs are locked in for higher prices, the recent volume was nervous nellies that held long and couldnt take any more Reverse split fears/waiting and flippers getting out on the pop and transferring to stronger hands.
Next bout of positive PR should see much greater gains when new money tries to get in. Far less flippers or nervous longs and most retail looking to sell only for some real gains now.
The lower volume at the moment basing above the old MAJOR resistance at .0002 line is telling the stick is firming up and no sellers
GL
Absolutely.
The Company hasn't even bothered to raise any significant capital thru the stock in almost 2 years
When they do it will be because the ducks are in order and sustainable funding from the larger market sources can be made available.
There is no other path to survival IMO.
In previous pods over the past year and a half Seamus always discussed the 10-000-1 reverse as something that will help present the Company in a new light to the greater business community.
The split would be used for a much different purpose this time so a much larger ratio may be needed
The previous split was combined with toxic financing and the goal was not to generate money from larger investment firms. Going forward with ownership in and company stability this will likely be the main objective to raise big money and many firms cannot buy below $5
Given we are likely to see an inevitable large pull back post split it would have to be quite the large ratio to hold a reasonable $ value
Just my take to keep in mind. Id prefer no split but if they do, this wouldn't shock me,
Agree. A split from a higher price gives the stock time to settle at a solid number before the CD/Seamus lockup and stay in an uptrend
A 1000-1 above .01 wouldn't shock me. As long as we see a run pre-split I will welcome any ratio split and another sweet buying opportunity down the road
Although, they have not confirmed any fine details, its all high level with an estimate Q3 for finalization. FWIW?
I also have never seen many companies meet proposed targets and lets be realistic RNVA has never come close to meeting any targets historically. Seamus also said in the pod there may be changes to the shares provided.
They are still just tossing and turning here. And for that I believe there may be waiting for the split to execute to firm up the details for share distribution. This could already be understood by both parties.
Who knows? Just my thought.
The entire reason for the single source podcast is to control the narrative.
No kidding. I read some posts that believe the Company is heading towards bankruptcy last week. I mean right they announced a new joint spin-off venture? LOL
Seriously. The BS here really can't get any more ridiculous
Q1 likely wont be out until sometime in July, announcement on next round of Government funding likely,debt swap update and JRMC update possible at some point
Lots in the que that we know of, and who knows if there is any other surprises like we saw with InnovaQor
Set-up is in place in the chart, lets see how it plays how
The important issues of debt swap & JRMC were likely left out of the pod purposely. If we can can some burn with the financials these would be very important catalysts in a run.
10K and Q1 can help the next leg up if they can show progress and if so look out. Q1 will be the most important financial as we already know the issues the past year in the K, but well see.
Have a feeling the basheers here are gonna piss in pockets after the K and pretend the sky is falling
Q2 will be a certain turd as Seamus pointed out in the pod.
Not sure we will if 10K comes out next couple days but we can flutter around 0002-0004 for a another week or so for all i care. After a year and half we finally popped out of range.
Patience
The little pop out of range has the basheeers attacking longs bigly last few days
Some even claimed to be longs previously
Interesting
10K likely out within the next few trading days was all that I found important from todays pod, atleast for the near term.
Lets see how that goes given we are out of the long term range.
GL
Jolly finally got Seamus last name right.
He called him Langan istead of Lagans oi think for the first time ever'
Always made me laugh.
2's Gobbled up quick.
Nice to see the volume ramping back up. Bodes well for more up in the next couple weeks IMO
Even in a room full of crazy gamblers, no one was touching that one
Naw i think there is a good chance they are in pre discussions with FINRA as stated
I think they may use the split to get price at a crazy high number down the road. That way it can settle out at a number larger institutions can invest over the long haul. Running quickly to $1 or above will not hold price.
The deal with FINRA will likely be to show no further toxic financing is required. Seem obvi with the pending debt for shares swap.
Thats my take. Id rather them not do the split becasue well likely see a sharp ass pull back. Then again, ill be ready to buy more if it does and expect we may also get to do some profit taking beforehand :)
Agreed. By the time they get out the Q the next Q might be overdue
This split could really get punted for some time while the price has a chance to rise
Nothing rally new in the pods aside from 10K likely this week
Volume nicely down. If we see the short term volume trend heading back up ill really be get excited again for some news.
BK? LOL, Sure Penny.
Keep on kicking