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Lest we forget the fkery that went on here with a previous vote that didnt get approved.
Take nothing as a certainty..... 4 more days
Look at it this way.
Its highly unlikely they split for various reasons, but until the date has full expired the Company has the approved right to exercise a split.
Timely filings are not cut and dry in the OTC and this company is certainly not one to be expecting timely updates
So much enthusiasm today for a stock that is most likely going to do the 1-2 shuffle
Without news its just 2's
5 more days of this chit
Its not the RS per se. But the dilution that most often follows behind the RS is what keeps some up at night. And some anxiety is warranted given history of this ticker of giving that 1-2 punch.
If they don't execute the RS that's a really BIG deal for anyone who currently has skin in the game and could signal the end of toxic financing
GLTU as well!!
Historically Lagan is not good with projecting dates. To put it mildly.
Based on the fact workers seem to be witnessing delays in individual payment I would suggest RNVA is still waiting on their payment
Its one big flipping waiting game
Have you read about the CMS changes coming in 2020 for rural hospitals?
Have you heard about the millions a private investor has been pumping into RNVA?
Do you really believe the issue with these hospitals is a RNVA specific issue here? Do you? Really? Please explain if so.
I sure a heck don't and if anything RNVA has an integrated network which gives these hospitals a chance as the Government continues to get its act together
Enjoy your move and hospital. You are moving at a pretty good time if this is your actual concern.
A lil' food for the doomsday crowd
https://www.beckershospitalreview.com/finance/tennessee-hospital-halts-admissions-after-staff-doesn-t-show-up.html
Yawwwwn
1's are gone to all but a select few.
This news changes nothing in terms of price action down here and as the company awaits overdue payment
Only news that matters in the next 4 trading days is RS or not
Indeed. There is some interesting volume on that ticker in the last few months. Likely a matter of time.
ESEA showing strength today into todays weakness.
Seems like Rennova needs their payment in the same way the hospital workers need their payment.
Cant beat 2's without the news
Yawn.
LT I fully agree usually a volume spike indicates a change in direction. And its important to take notice.
Im not sold its selling at this time
Refer to shipping SEA sector and its equities, NMM, SALT, SB and other oil related asset charts, even solars like CSIQ, which the small pull back is a bit more prominent and similar high volume
This could be major breakout volume.
My understanding la_traders posts is it could possibly be filed but FINRA daily list may not show until closer to the effective date
Always a gamble in the OTC world
risk vs.reward
Last year
All seriousness aside:
The CEO has recently stated the audited overdue filings should be ready to be released around end of September.
Also a possible 1-100 to 1-10000 RS expires September 30th if not used so lots could happen this week
Also they are currently hiring to re-open JRMC very soon
Also CEO stated the Co. is waiting on millions in reimbursement which on the way
So somethings bout to give. Good luck !!
When do we expect news or update?
Thanks
Good luck J/b!!!
We're close.
I already semi-regret not raking in a few more 1's. But im good with where im at.
I doubt 2's will taken out without any news.
Cant believe that endless bag of 1's ran out
This week could escalate quickly. Really like the long and immediate setup
Pump the stock to the moon and reverse split on the back end in the name of "uplisting" compliance.
Always in the back of my head as logical so long as they have achieved the plan they set out and will be on stable footing going forward. All seems to line up pretty well right now
Lets see what the week brings. I certainly like the set-up going into next week
;)
Not a prediction per se.
But its the last week for a pump and split
One of the many scenarios on watch
You missed the flying 1's
I also don't think we'll see A period of flying 2's
This dog will either with rip thru and more likely jump over current supply resistance faster then you can blink
Or
RS
*I don't see the RS happening (atleast yet) but that's still an available option for the company in the week ahead
Maybe Xmas comes early next week?
Rennova is also waiting for its own reimbursement in the millions
Unfortunate on both side but I would imagine one will clear the other
It will take effect as soon as reasonably POSSIBLE.last line of filing.
Hope some news early next week so we are spared 5 more days of circular RS debates
More importantly
We cant assume the RS won't be used further down the road for Nasdaq compliance.
The language they used regarding the RS matters and unlike how some here are interpreting they did not state the RS would take place immediately.
Could get real intersting now
Me thinks we wont see basic momo for too much longer
Basically we just tested 2's supply and we're not getting thru. Well without news and a rocket launch over
An explosive formation i was hoping for might very well be under construction here
Who knows for sure. I may be totally wrong. But a 0.00015 close was an important part in this type of setup
The question that remains is how dire is the risk if they don't initiate RS immediately? Hmmmmm
The term "so far as is reasonably practicable" means that the degree of risk in a particular situation can be balanced against the time, trouble, cost and physical difficulty of taking measures to avoid the risk.
https://simply-docs.co.uk/General-Duties-Under-HS-at-Work-Act/So-Far-as-is-Reasonably-Practicable
Yes .00015!!
Exactly what I was waiting to see
A candle or two like that down here just need a match on the wick
Lunch at JRMC or Jellico for all of this weeks posters is on me if this hits $1
*Travel not provided.
Im sure well all be able to afford a visit to the Mecca if that ever happened