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Can we make a push for 400M?
https://ir.rennovahealth.com/all-sec-filings?page=4#document-15563-0001493152-18-016635
"Proposal 1: To approve an amendment to our Certificate of Incorporation, as amended, to effect a reverse stock split of all of the outstanding shares of our common stock, at a specific ratio from 1-for-100 to 1-for-10,000, and to grant authorization to our Board of Directors to determine, in its discretion, the specific ratio and timing of the reverse split any time before September 30, 2019, subject to the Board of Directors’ discretion to abandon such amendment."
Calculated risk as far as OTC goes.
Volume picking up nicely.
Would be a nice time for some positive news in the coming weeks
It's clear there has been a misinformation campaign going on.
Well atleast the media is not spreading complete falsehoods like the other week.
Everything will be far better off then ever once JRMC opens again. Really tough to argue agaisnt that with the recent CMS announcements unless you just have an agenda?
Only thing that worries me as a shareholder is the fast approaching RS deadline and wondering of the toxic financing is finally complete now that the company will be bringing in substantial revs. I hope for all of us we get thru this part without further damage.
Thats it. Otherwise I look forward to JRMC opening, look forward to the financials and guidance with the new CMS structure.
Bossman should up a few minutes late to work with the big bag of Unos today.
Hopefully he take a longer vacation soon
The big guy with the bottomless bag of .0001's doesn't start till 9:30am EST.
Its nice that the kids dusted some 2's off the shelf in after hours. Boss man will put an end to that shortly
This is what the whales circling RNVA do
Oldie but a goodie
Almost there Mike. As I said in the interview and press release this morning I believe it will be finished in next 24 to 48 hours.
— Seamus Lagan (@seamuslaganRH) June 15, 2018
This won't happen again!
We cannot do a reverse split. That information is already in the public domain. https://t.co/Qjk1M7v9tg
— Seamus Lagan (@seamuslaganRH) June 21, 2018
September outlook
-RS expiration
-Jamestown re-opening
-Millions in overdue Government reimbursement
- * Financials released end of September
* Please note the projected date provided by Seamus may have a 99.9% probability of error
Gotta save some for that gap lol
Wishing you good luck!!
Should get interesting soon
Change your bid to 0.0002 lol
Someone has to be that guy
*although id imagine you'll get filled at 0.0001 if you wait a few*
Good for him. Atleast someone may have found a way to profit off this dung stock being flushed down the sanitary drain toward the black hole - bottomless sewer in recent years.
Jolly always says RNVA is undervalued.
Keep in mind Jolly is RNVA's main messenger
"...adding that the Company will now focus on becoming compliant and fully transparent for its shareholders."
http://www.globenewswire.com/news-release/2019/09/03/1910123/0/en/RENNOVA-HEALTH-DISCUSSES-THE-INTERGRATION-OF-THEIR-FACILITIES-WITH-THE-STOCK-DAY-PODCAST.html
LOL. What a statement
Ben, a ruthless game of flush and freeze has also been in the back of my head.
September could be interesting:
31 days left for RS to be initiated
Jamestown regionals ramping back up for reporting
Financials unreleased for 2nd straight quarter
Just curious what year we will see financials released
Ben the part about the increased interest seems simple.
The Federal Government has been working to find ways to help save these massively deficient rural hospitals.
Rennova took the risk the last couple years when very few would. Now the funding help is coming starting next fiscal years and everyone wants in.
Its insane to see the questionable Politicians, media reporting and online activities happening before these questionable offers came in.
The good part is it shows these hospitals are much much higher in value then even a few months ago
The part that remains in question is how Rennova intends to pay back the investors and what year they will start releasing financial again
The company can do both if they want. Pay investors first then RS for future compliance.
I don't think a RS here does any good for either. We'll see soon
Company said mid-August
"....However, the Company is on the way to completing their 2018 audit and expects to be fully compliant and up-to-date by mid-August....."
[url]
https://www.globenewswire.com/news-release/2019/07/01/1876719/0/en/RENNOVA-CHIEF-EXECUTIVE-OFFICER-SEAMUS-LAGAN-JOINS-STOCK-DAY-FOR-BUSINESS-UPDATE.html[/url][tag]https://www.globenewswire.com/news-release/2019/07/01/1876719/0/en/RENNOVA-CHIEF-EXECUTIVE-OFFICER-SEAMUS-LAGAN-JOINS-STOCK-DAY-FOR-BUSINESS-UPDATE.html[/tag]
Hopefully the delayyyyyyyyy is worthwhile
Ben for various reasons retail has been frozen even moreso during 6 months of what looks to be a decent amount of accumulation.
Very positive news started sneaking thru the contradicting clouds of doom and gloom this week with CMS and this news had financial benefits beyond Jamestown moving to re-open. So I question if shook retail will even be able to inch back and dip their toe in slowly at 0.0001 when things continue progress.
If accumulation is true then why wouldn't they take full advantage of the Pinky payback possibilities before the RS and road to compliance starts?
Run first, RS later.
Even if RS before a run there will be a quick bottom put in. But a nice run before a split seems like a more favorable move for all parties when sitting at 0.0001
Lets see whos hunch is right?
RS storm or run storm?
Somethings is about to give in the coming weeks
They may have already shook the hell out of retail enough to accumulate the majority recently. Doubt will see the flipper shakeout at .0001
I have a hunch RS may come after the 1st nice run as retail gets in the news and PPS is more favorable
But will have to happen soon for this scenario.
They have till the end of September to use the RS. 1-100 to 1-10000
CMS working with RNVA. Interesting
Another delinquent financial period.
Just like last quarter there is no late filing. Not a good sign
They are required to provide an extension notice by today if not filing
After last quarter there is really no leeway on being late. They should have been prepared Really not good
Political games aside Where the F are the quarterly reports?
Dear lord. The media is an absolute joke.
Due date is tomorrow.
They haven't filed for a late filing. Late filing date which is usual in OTC is 5 calendar days after the 15th
Considering we still haven't seen last quarter financials who knows?
It would look good if the company can get it out tomorrow after what happened last quarter
All the vultures are now swarming
The Government came to the table to help suburban hospitals starting next year.
Some nasty politics going on.
Your move next Seamus
CEO says alot of chit and BS
Proof Will be in the earnings. If they can actually get them out this time
Well see
Government fiscal is usually in the fall. So I assume not till October 2020.
Could be over a year before this take effect
Saying that. If RNVA can show significant financial progress in the upcoming earnings then these changes could create some nice attention
The article also stated the calculation of the rural floor wage index value wont be in place until the beginning of fiscal (October?) year 2020