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Shares short down.
https://otcshortreport.com/company/RNVA
Exactly, gap fill.
Outpatient drug treatment for hillbilly heroin?
I don't see the angle otherwise too.
C'mon 0.009.
Because I will buy at 0.005 of course :D
Show me 0.005 then rally.
Thanks StockZoom. One can play the game and still long her with other shares/accounts guys.
Nice post, it was right in front of me but I didn't quite see it. Last Friday I called a wed/thur move just by looking at the slow stochastics.
One hundred billion shares!
Did this several times before, buy now.
Thanks for the info. If I were he, I would take shares in lieu of, or with, a discounted rate. 10m shares at a nickle is $500K. I highly doubt he could bill LVVV as a client for this amount in CY18. Omar might be on to something...
Step 1. Get law degree.
Step 2. Offer legal services to new MJ industry and accept shares as payment.
Step 3. Do this for several industry clients.
Step 4. Retire in a few years when one of your lotto tickets hits.
Here I thought pot made you dumb! :D
I did some research on this gentleman back in March. From what I can tell, he is a "true believer" in the plant having specialized in defending minor MJ possession cases from 1998 to I believe 2010. He also seems to be building a firm by making a name for himself in this new industry. In terms of billable hours, if Omar billed $500/hr (doubtful) and his then two Associates billed $250 each @ 80 hours a week for 50 week a year (they are not billing 80/hr even for travel, just a hypothetical), it came out to $4,000,000. This would be the tip-top of what I estimate his firm would be worth, which sounds like a lot but its really not, esp in Cali. Omar's success is tied into the companies he deals with and how often he gets into MSM. This is good and bad, IMO. Good because he will be very motivated, bad because one man can only do so much by himself and I am sure there is competition in the space. The story continues tomorrow...
P.S. I would not be surprised if Omar was issued shares as partial compensation.
GL pal. Mine is a pretty large position for my portfolio but not quite approaching yours.
Traders pumping and dumping on short term trades?
I am shocked, shocked I tell you. /s
As long as she keeps the steady uptrend she's golden.
Chart looks fine, simply overbought. Will probably cool off now and rest of the week. .6-.7ish
Those complaining employees should accept their paychecks in company stock.
Gotta break six figures, friend.
I added to my position, you may now skyrocket LVVV.
Thanks again, have a nice weekend.
Just curious sir, any position and bear/bull on this one? Thanks in advance.
2900% on 4/30?. The chart read the prior SEC filing it seems.
So, are folks trapped at .03+ bag holders yet?
Good call, I said the same once I read the 8k I believe at 0.028.
I've got it set a bit higher bc the bid/ask is always wide on these penny stocks.
Personally I'll sell half after the retracement, as the rest is play money at that point.
Thanks man.
Oh so is that what happened?
Thanks for the detailed reply. I would guess everyone has a different level of understanding of the entire overall process. Some such as myself have technical trading knowledge but am not a professional by any means. Others may have deep business or accounting understanding but not knowledge of technicals. Some may have both, or some may be FIRE professionals.
No R/S but still diluting. Impressive they caved on the R/S bc of shareholders such as yourselves, but I would be more apt to buy if my shares were not decreasing 1/6th in total amount.
The Rennova Health, Inc. Board of Directors unanimously recommends that shareholders vote in favor of the following proposals at the upcoming special meeting:
To approve an amendment to our certificate of incorporation, as amended, to increase the number of authorized shares of our common stock from 500,000,000 to 3,000,000,000 shares;
To approve the Company’s new 2018 Incentive Award Plan; and
To authorize an adjournment of the Special Meeting, if necessary, if a quorum is present, to solicit additional proxies if there are not sufficient votes in favor of the proposals to increase the authorized common stock and approve the 2018 Incentive Award Plan.
https://www.rennovahealth.com/news-media/press-releases/detail/275/rennova-health-withdraws-proposal-for-a-reverse-stock-split
Your guess is as good as mine.
Can she hold the 50dma? Stay tuned!
Thanks man.
Are you going to throw a shoe at the corporate board perhaps?
Such as?
GLTA but I think she hit an iceberg and her watertight doors don't go all the way up to the A deck as they should.
She may hold the 50dma, but I'll watch for the death cross of the 20 on the 50 in a few weeks.
Thanks. Nice to see some brains in use.
Postponed again?
Wow, finally a chart. Amazing, someone who thinks.
I'm not even an evangelist of the firm and even I think thats a ludicrous statement.
Not .3s, support about .0425. It did what it has been doing except today's candle after a run up did not have the longer wicks of the previous ones.
I'm pulling for it but by hook or by crook they are going to get what they want, otherwise it will go bankrupt. Only a white knight coming through with liquidity could change things.