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Everything you said is correct.
The only case for the -NT would be for transparency & acting like a competent company to better support the case for future uplisting much further down the road.
Good ol' Seamus.
Many companies in the OTC that file the -NT 5 day extension dont meet that extended deadline on the exact date anyway.
For a company like Rennova that is playing catch up,it's kinda of not that surprising they didnt file the -NT but another hard kick in the nads to shareholders given the recent comments from the CEO
Saying that,the filings are certainly trickling out and Q1 came 2 weeks after the 10K, so I expect the Q2 will soon and Q3 to still follow soon after.
Its calendar days, not business days.
And to answer George it would have been only for Q3.
5 day extension is up tomorrow (to be filed today).
Since they didn't apply for it with the appropriate paperwork, im guessing the best we'll see this week is the Q2
All you had to do is ask
GeorgeQ will be back to George1234 next week.
Bulls and bears both getting warn down by Seamus and Co.
Saying that I would expect to see atleast a Q2 this week.
GL
Also we are clearly in a stock that has been diluted severley. And has gone down no matter when anyone posts here. Nothing I or anyone here says changed that
IMO the volume action has changed recently with some structure and if that is accumulation we will see the effects of this cause and get a good bounce off a decnt size bottom fairly soon.
To answer your question:
I have many long term and short term targets in areas of old supply on the chart if and when it goes.
There is no guaranteed magic date, accleration speed or set targets ever. I'll use my targets and shave my shares when it gets there and then leave some to die or for larger possibilities of a longer term setup.
Patience rewards, even in the OTC. It can just be much more painful.
But rules of supply and demand still apply here and more importantly the rules of accumulation and distribution which I firmly believe we have see a boat load of recently.
My read and hope (Like ant stock play) is this a 'spring' at the end of a right shoulder and an inverted head and shoulders heavy accumulation pattern. Volume is the best verifier of patterns
It's common to shake the tree at the end of accumulation. Maybe im wrong, but that's my read. Anyhting around or below 0.06 that's been recently soaked up has been a gift IMO And I doubt well be down here much longer
This could also be a good long term setup but I'll never assume and will shave for protection along the way
What's your plan?
They really wanted to squeeze the juice outta this one
Almost time to fly
2 more trading days until the 20th.
No extension filed, but I fully expect the remaining fins to continue coming out
HO HO HO
ZZZZZZZZZZZZZZ
Have a great weekend all!
Good morning all!
4 trading days left after today till 10Q extension
Actually I dont think many said that it would sky rocket on the first Q. Well maybe Abbas, but that poster calls for a skyrocket every day or George who basically predicts every bull and bear scenario possible and flips each week. Most are anticipating all the fins.
Lets wait to see what the story is once the last Q is out.
Looks like one last dip to shake put weak hands and load up before the run
Interestingly the quarterly report is right around the corner
GL
If they are serious about becoming transparent again, we will see the NT-10Q or (less likely)the 3rd Quarter 10Q this week.
I imagine they will use the full 5 day extension so the NT-10Q would atleast be a decent indicator that company is gaining traction again by submitting the required paperwork
That is one possible outcome, but certianly not the only one.
Let's wait in see whats actually the Q's first.
If they story is trending up towards JRMC reopening in a more favourable insurance environment Into 2020 I could certiably see this take off
We have started to see financials this which I believe you said we wouldnt see.
Anyhow they have till the 20th for Q3. Surely nothing is guaranteed, but a bit premature.
And we are already seeing the outstanding Q's & K's rolling out
6 trading days left till the 20th filing extension date.
1 K and 1 Q down, 2 to go...
HO HO HO
2 more Q's to go to paint the picture
Social justice warriors just gutted Old man Cherry.
One day the world makes you a legend, another day it may try to bury you alive
Kind of hoping for an opposite outcome here lol
7 trading Days until the 5 day 10Q extension
HO HO HO
Not possible. The only way the company can propose even a reasonable split to FINRA is if we see the filings first.
No filings, no split.
Got it. Tomorrow will be .0001. The stock price will not be going down and bulls and bears will continue their circular discussion about what lies ahead.
Bottom line the Big boyz have either loaded up over the past year or not. Sure looks like it to me, but who knows until we get some filings.
Nov 20th filing deadline is huge as it's far overdue that shareholders are provided with real clarity on why the company has been under a mask the past year and where they are headed into 2020.
They should hire GRAMPS to assist in this years video
Filings by the 20th or shes still a major POS.
Even then 3rdQ filing need to clearly tell the story of how the company survived and show that things are on the rifht track
8 more trading days till extension deadline
Head fake.
This looks like a typical shakeout at the end of accumulation and an absolute gift.
We'll see within a couple weeks
Wait for November 20th filing deadline to pass
I think we get the old Q's by the 15th as they numbers are ready and the latest Q soon after.
So I fully expect filings to be on their way sometime in the next couple weeks for better or worse.
'High' expectations like our good friend Devils Lettuce, maybe?
Ive got some paint drying on my wall if they'd like to take a break from reading to something a bit more exciting
Hopefully some Q's show up next week? Have a great weekend !!!
ZZZZZZZZZZZZZZZZ
Have a good weekend all!
The worst of the cash crunch seems to be subsiding and the time for bankruptcy was almost a year ago.
They are also now collecting millions in overdue funds and reopening their largest hospital shortly
Not too mention the private investor dumping in cash.
Does the company still have extrmely low confidence from the stock market with fears of further dilution ? Likely. But we'll have to see the current standing, hopefully in the next couple weeks.
Bankruptcy? Naw.
And here I was starting to think Seamus was always full crap when he uses media platforms?
As I said there are lots of moving parts before a split could be approved. A 10000-1 likely make it far more difficult when they even get there, If not nearly impossible
Your guess is as good as mine.
I can guarantee we'll get some answers from the Q's as to how the survived and are re-opening JRMC. In addition to surviving the bottom line may be the forecast for 2020 when the facilities will be better connected and the reimbursement policy is already known to be more friendly for suburban hospitals
Until then there is certainly no split, and after we'll have to see? Also can guarantee there will be no sell of at 0.0001 but there could be a reaction in the other direction.
Odd, they don't seem to be a hurry to get that epic RS going.
They first need to get ALL the Q's out before the 20th with minimal stock movement then pray FINRA turns a blind eye if they do submit the paperwork
It's not like a 10,000-1 split would easily slide under the radar. LOL.
The overdue Q's numbers have already been audited, so right now it seems the company is holding them up and will release when they feel the time is right
In a previous pod Seamus (fwiw) stated they were given the green light by the auditors to release the overdue numbers without the filings but the company choose not too to avoid error.
Of note, announcing the numbers prior to filing was common during the extreme dilution days.
I'll be kinda shocked if they can get this Q3 filing out by November 20th, but I would expect to see the overdue Q's at a minimum
Good morning pumpers, dumpers and turd farmers
Shaping up to be another snoozefest of a day
GL and have a great day