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Guess what? Nothing happened with a reverse split or bankruptcy either that some bears are currently jawing over
No one here said it would run because of each individual report
It might run if they show progress upon final report or a possible surprise
Clearly Seamus is full of crap and given his last two pods were full of bear treats I would say the bulls have more hope then ever
Its pushing up on 0.05. Once we get a close above it should get fun a bit more fun around here
ZZZZZZZZZZZZZZZZZZZZZZZZ
Companies are now starting to be denied by FINRA
I'm pretty sure the blocked split on the effective date caused confusion for brokers
Company has not confirmed a date to my knowledge.
Where did you see the 21st?
1. A R/S doesnt mean price will go lower. It only goes lower if he company continues its dilutive toxic financing scheme. With dilution there is no bottom
But with insurance money now flowing in and more on the way in 2020 with the new CMS plan this may no longer be a requirement when JRMC comes back on-line. Fins will hopefully paint this picture
Strangely I have a couple other stocks I own that have done extremely well following a R/S recently. 1-10000 never seemed realistic. So ill believe it when i see it.
2. With good fins or a surprise, this could be an amazing squeeze if we are maxed out on shares. I believe there has been accumulation for almost a year and if that is true it could pay well.
IMO Risk reward is very good. But no one has a clue where the price will end up either way.
Happens once every couple weeks.
Price will be back to 0.0001 today to first thing tomorrow morning.
Interesting volume coming in again after the hiatus yesterday
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 !!!