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Maybe, I actually believe the Reverse is a guarantee and it will likely be ugly after for a short period which is why they'll need to get the price up prior.
Based on set-up and 8K data we could see (very soon) a violent jump out of the accumulation phase, then backtest hard on split execution, then long term runner. That way a longer term run can commence before or around the conversion date takes place and price will be more closer to a possible NASDAQ compliance number
No matter what the sequence of events that occurs, it now looks like there is some real justification this turd has a positive long term future
GL
Good stuff in there.
1. These preferred re equal to common in case of liquidation. That should say everything to the BK crowd. We either get paid like CD in that event or most likely it is not happening
2.The split vote will occur within the next 6 months
3.The conversion is locked up until December 2020. Therefore If we get a good little run before the split I will be saving some long term for the greater mark-up phase post split to ride with CD
GL
Naw, youll be here with me tomorrow kicking that can and you know it.
Only reliable source is to seek out court documents, that is also why i welcome further cases.
MSM articles or message board posters can usually be heavily biased and unreliable
There are many things most people would never believe 5 years ago to be true that one guy in the video was explaining and is now public knowledge and mostly undeniable. Is he still biased? I'd say without a doubt yes, but if hes correct again here then this is a big deal for everyone to be concerned about.
Anyone agaisnt those wanting to go after a naked shorting racket needs to be questioned. If it truly does not exist then the cases will have no chance.
Yes, they have investigated on a micro scale and seem to have enough reason to go much further. The greater public concern only comes when there is a full scale investigation and if the evidence is undeniable
It also seems to me like in the last two to three years some companies have been finding ways to work with or around this issue. Sadly many outcomes have only been fruitful for the common investors who are able to weather the storm until a share transition can take place
The lawsuits will tell the real story, and I welcome them.
Calling these guys 'crackpots' seems overly irrational given the other sick activity one of them previously called out and is now coming to light. I question anyones credibility who is vehemently against looking under the hood here
Been around the OTC long enough to have questions myself that I would like to see definitive answers.
I welcome these 'crackheads' investigating possible trillion $ rackets. Legal action is the only way to get some form of truth to the public either way.
Im seeing in many other cases that another way out of this grip is a complex merger to transfer shares to a fresh slate
Always been questioning that here, the fact CD wants shares is a decent sign. Fingers crossed.
That would take years in the courts to bring about any settlements.
But putting an end to this and even just shedding a direct light could cause some positive movement in some market tickers and more importantly start waking people up a bit
Alot of eyes about to be opened
I believe 10K is due by the 15th with the extension?
Any updates this week would be a bonus. Nothing should ever be expect early with this company.
Lots of possibilities.
Dream scenario: Positive catalyst and price spike to .01, then DEF-14C, small pullback before more run to 0.1 area, then massive split for future NASDAQ uplist, then RS pull back price destruction, then load the boat for the long haul.
Any combo of COVID money, JRMC news, better revs in the 10K for the other 2, and a CD update on the debt swap could do the trick to move the price near term
George 3 checking in today
George 1 - super bull
George 2 - hopeful
George 3 - losing hope
George 4 - its over sell your shares
Instead of making up nonsense, give us the date Penny
See all other that came before you have failed. You are the chosen one Penny.
Believe in yourself and give us a date.
I have faith in you Penny, just pull a date out of you arse and see what happens.
You are the chosen one Penny. Thats why you are here.
Maybe, but since you live on this forum as well, why not take a stab at a date and see what happens?
Throw a date out there and see if you have the magic to change our fortunes LOL
What do you have to lose?
How about you take a shot at the can Penny? Give us a date for shats and gaggles.
Maybe you are the Chosen One that our buddy George always wanted to be?
Cmon just for the hell of it?
Hopefully they can use the trial release data following the offering in the coming weeks as fuel for a run....
I mean i'd hope this POS was uplisted with some form of confidence?
I've always believed this turd was under heavy accumulation for some time, but the split ratio caught me a bit off guard. I guess it was somewhat mandatory to clean slate and hold a NASDAQ value for larger investors as we now see to eat up the offering. I would imagine good things are expected if they are approved to raise capital on the big board.
Historically this POS has spit, pissed and shat in the face of commons so one can only hope we reached the end of accumulation
Supposedly today. Might take til Monday for the brokers to transition?
https://www.globenewswire.com/news-release/2020/05/01/2026205/0/en/Delcath-Systems-Announces-Pricing-of-22-Million-Public-Offering-and-Uplisting-to-the-Nasdaq-Capital-Market.html
Well to NASDAQ it is.
GL to all who survived the massive shareholder destruction of the past
15 Days until 10K extension is up. FWIW
"On March 5, 2018, GBSNQ filed a Chapter 7 petition in the United States Bankruptcy Court for the District of Utah, which was still pending as of January 9, 2020"
https://www.sec.gov/litigation/admin/2020/34-88733.pdf
Huh? I didn't add them or write the report?
But I would like to see a copy of the report to see how Rennova is being seen or credited as a player in this field
"Key companies operating in the global Hematology Indications Related Drugs market include _Gilead, Bayer, Owkin, Amgen, Alexion Pharmaceuticals, AllCells, LLC, Kiadis Pharma, Bicycle Therapeutics, Rennova Health, Sierra Oncology, Spectrum Pharmaceuticals, Inc., Astex Therapeutics, Nucentra, Novo A/S Hematology Indications Related Drugs"
https://www.whatech.com/market-research/medical/647430-new-release-hematology-indications-related-drugs-market-forecast-to-2026
They have had a reverse 'intention' hanging over the stock for over a year.
They have not yet filed the paper work to initiate the reverse, which would take approx. one month (20 day shareholder review + FINRA request) to process once shareholders are notified.
That would be a good thing if coinciding with a CD debt deal. Also JRMC doesnt open without CMS support.
Rennova is likely not wanting to give back a dime until CMS gets reinstated for JRMC lol
But good to see it was hinted they were likely to have received funds
That's quite the stretch.
The curve had it highest day of new cases yesterday and the virus will be around for along time even when the curve really starts to drop.
The money just started coming in so we are still in the early stages of seeing changes from the virus as we head into May
This event will be used to ensure the systems are fully functioning and prepared for the next possible pandemic.
GL and enjoy the weekend
Money just started coming into rural health from the Gov't, so lets hope the Co. can get things straight before June
GL
Not an easy space historically but they seem pretty interested to me and the climate changed a bit friendlier before COVID now there is no excuse not to succeed.
Anything to back these claims up that they are not interested?
Hardly. The Company hasn't been interested in selling stock for over a year
But they are still clearly moving forward.
Have a good weekend all!
21 days (15) trading days until the extended 10K is due FWIW.
Im sure Mr. Presley has many cute names for you.
Maybe those expert 'sources' can help you confirm Ferds 'we' is surely relating to shareholders aka. owners of Rennova. Gotta be good for something.
As i understand you are not a 'we', yet here you are here on the stockboard provoking shareholders for some reason, with zero information to be of use to anyone, once again.
Dear Lord
Duh, You are a Piranha.
Feisty little species... Until the hungry sharks and whales circle thru.
If you're nice, I'll throw you a bone one day.