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Nothing like waiting until the last second LOL. I would have been shocked if they didn't file and see them throw in the towel after that first asset shuffle.
Regardless, my faith here is not what it used to be. But good to see that filing.
13,0000,000 * .017 = 221K MC. Should bounce back to at least .10-.20 if they let it breath for a day.
If I were teaching a class on the risks and scams within the OTC market, I would definitely use RNVA as the poster child for a case study.
The IRONY here is they are supposed to help people in their biz. SAD
$1.00 to sub penny before the "D" drops? There has to be a bounce here on this turd.
The annual replaces the Quarterly. Look at FAGI - They just filed it - same schedule.
https://www.legalandcompliance.com/securities-law/otc-market-compliance/
Annual reports are due 90 days from the date of the fiscal year end; quarterly reports are due 45 days from the quarter end and periodic reports on form 8-K are due within 4 days of the reportable event.
https://www.securitieslawyer101.com/2018/otcqb-listing-otcqb-reporting-requirements/
Timeliness of Filings. SEC Reporting Companies and Regulation A Reporting Companies must file annual, semi-annual, quarterly and current reports, as applicable, on EDGAR in accordance with applicable SEC rules and regulations. Bank Reporting Companies are required to file their disclosure through the OTC Disclosure & News Service no later than 90 days after the fiscal year end date and quarterly bank regulatory filings no later than 45 days after each fiscal quarter end. International Reporting Companies must file annual and quarterly financial reports immediately after submission to their Primary Regulator. Alternative Reporting Companies must file their Annual Report no later than 90 days after the fiscal year end and their Quarterly Report no later than 45 days after the fiscal quarter end.
If this isn't criminal, I'm not sure what is.
The annual report will only tell the story through EOY 2021, so we won't learn anything about the newly issued shares or projects. Unfortunately.
But agree, I think there is more to come here. I can't believe this was set up to just grab that asset for Tarku. That would be quite the Sting if that were the case.
Regardless, this has not gone as I had wished. Looking really sketchy.
So crazy how they keep current with all their filings, yet nothing more than that in terms of news. I will take that .0088 tomorrow if there.
Annual Report due soon or it goes back dark. Will they wait until the last day?
Annual Report filed! It's ALIVE!!
https://www.otcmarkets.com/otcapi/company/financial-report/324173/content
They now stomping on all the dead bodies. What a bunch of scum bags. So much for a quick flip LOL. Just no stopping these thieves . AIMO
Not enough volume to go from $1.00 to .10 if $1.00 was on the ask. Severely oversold then. Don't think for a second that I am defending this pile of Dung. Just seems like a possible good flip at .10.
They so dumb to dilute right now since it looks like the RS went off the .00001 print. At least let it get back to $1.
My bad - thanks. I bet the MC is around that amount thought right now based on the .10 ASK.
Even fully diluted with 50 billion at .0001 = 5,000,000 MC. At .10, the current MC = 500K with 10000:1 RS
RNVAD
I really think they must have based the 10000:1 RS off a PPS of .00001 print instead of .0001!
ASK going back to $1 IMHO
There is a lot of insight about that in the 14C.
https://www.otcmarkets.com/filing/html?id=15672600&guid=2ZFwkpyatSSVQth
...To the extent that the increase in the number of shares of common stock authorized may have anti-takeover effects, the amendment may encourage persons seeking to acquire Phoenix Rising to negotiate directly with the Board of Directors, enabling the Board of Directors to consider a proposed transaction in a manner that best serves the stockholders’ interests.
... Phoenix Rising has no present plans or commitments for the issuance or use of the proposed additional shares of common stock in connection with any financing.
I wouldn't pay a buck for a bag of dung, but I guess I will pay ten cents! LOL
They must have based the 10000:1 RS off a PPS of .00001 print instead of .0001. Never seen this before.
Even fully diluted with 50 billion at .0001 = 5,000,000 MC. At .10, the current MC = 500K.
DO the math! Anything under a buck seems like a screaming buy at the moment.
Yes, I Know it's a POS. But a 500K MC? Worth a flip.
Why is the ASK showing .10 and not 1.00? .0001*10000=$1.00
?????
New SS numbers out. Unrestricted at 146 mil. Is that an additional 10 mil? I have lost track.
https://www.otcmarkets.com/stock/EXLA/security
Added. Next week should be telling. Appears like it wants to break.
Definition of legal theft...
Symbol Change 03/16/2022 RNVAD Symbol change from RNVA to RNVAD
Symbol Change 08/16/2021 RNVAD Symbol change from RNVAD to RNVA
Symbol Change 07/19/2021 RNVAD Symbol change from RNVA to RNVAD
Symbol Change 08/31/2020 RNVAD Symbol change from RNVAD to RNVA
Symbol Change 08/03/2020 RNVAD Symbol change from RNVA to RNVAD
The question is....
WHY IS THE LEGAL?
They didn't wait but a day to issue more shares LOL.
https://ih.advfn.com/stock-market/USOTC/rennova-health-pk-RNVAD/stock-news/87589147/small-company-offering-and-sale-of-securities-with
Issuer Size - DECLINE TO DISLCOSE.
SHUT IT DOWN ALREADY.
They don't even care enough to fix the silly Mining News feed on their site.
Today's top Mining News:
Gold Cup Cheltenham Festival winner predicted by 'oracle' using asparagus March 18, 2022 10:00 am Birmingham Live
While football had Paul The Octopus, Cheltenham Festival has the 'white gold' of asparagus to forecast the winner in the champion race of the season...
https://exlaresources.com/news/
SCREAM!
I spent months posting DD here on possible EXLA deals thinking the names behind this were worthy of bringing in something big.
So far I think it's been an EPIC disappointment since the grade school level website reveal and the crazy 1st project asset shuffle to Tarku.
I am really starting to feel this was a facade set up to get the 25% of the Silver Strike property for basically nothing for Tarku.
I'm even starting to think we may not even get another filing. Hope I am wrong, but this start is embarrassing.
The only piece I can't reconcile is what was told to MM to make them take restricted shares? It makes no sense.
To the MODS, please remove the yellow stickies.
Looking like it's trading clean today. Could see .01 with a little volume.
PRCX - thank me later.
3 different MM's were flashing 2 million sell wall there for a bit.
Now we have 2mil sell walls.
Now 4 Million are gone. LOL
It was? Not any more? I wonder if he really thought the price would go crazy with that first project and make shift website? Is this it?
2 Million $ blocks all with different MM's. Coordinated? oh boy
3.....2.....1.....
OMG, look at that ASK stack! Where did those come from?!
Need a filing soon. Let's at least get that. Geeez
Looking better. Could spike if valve is off.
You're such a little boy