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The volume is decreasing, so we'll probably see them drop a lot at .0002 and then .0001 or RS. After the RS we'll more than likely see more sold at .0002. I would wait till after the reverse split to buy. RNVA should be at zero bid right now IMO.
Congrats on retirement PB! Fishing and traveling is a great way to spend it. It looks like your still trading some stocks for fun though. Thanks for all the info on STRUP. STRUP should be a great trip zero play. I think it has the potential to really run once they start releasing updates on progress. The quiet time is the best time to load IMO. Thanks again PB, enjoy your retirement.
There was a date as well, but I can't find that information. Why else would they state they could not do a RS. There had to be a timeframe that Lagan was referring to that they could not do a RS. It just doesn't add up.
It's coming from the September 19th 8-K. I have a feeling this will backfire on Lagan. It will make it much harder for them to sell shares after the first RS. Maybe that's the point though. Collapse the share price and buy up the shares cheap. It would make a lot of sense if you were a CEO that only cared about himself.
I agree. Shareholders expect the CEO to at least try to look out for them, but we are not seeing that here.
How have you been PB? I stumbled upon this stock the other day and noticed your buying. Is it possible that you could give us newcomers a breakdown on SRUP? Your DD is top notch. Thanks.
I agree. This is the time to load right before $RUP takes off. It looks like a perfect bottom play.
You found it. I think this has a lot more potential than that other one at this point. Use your own judgment though. All you need is a few ticks to double your investment.
Load them while they are cheap. When this moves anyone buying at this point should reap massive profits. The share structure is good enough to where this will tick up pretty quick with any news coming from the company. They already let us know that a progress update is coming soon.
There are others on here that are much better at picking trip zero plays than me, but if you look at my recent post history you'll see one possible bottom play.
Wow! Sorry for your loss. IMO I would put at least half of what you have left in a few trip zero plays that have real potential. I could be wrong and RNVA will have a run before the RS. I highly doubt it though. The first trip zero I was in made me 25,000 profit off of 3,000 invested.
People should get out now and possibly use those funds to buy shares back after the next RS and round of dilution. If Lagan can manage to pay down the debt, then RNVA could have a run after the next reverse split and round of dilution. No one should be holding through all of this IMO.
Looking good here. Loaded a few more today. $SRUP
It could have, but Lagan seems to not want that to happen. Now volume is decreasing. The time for a run is passing IMO. I'm still watching though. You never know with this POS.
That too Deadjim. Hopefully some of us have learned something from this one.
A lot of us were waiting on the sidelines to buy back in. It looks like we'll have to wait a lot longer with the way Seamus is running things. If you wait for the right time to buy you should be able to gain it back. Once they are able to get the debt paid down RNVA will run again. It's just a matter of time. I'll keep waiting on the sidelines until I see that pivotal point.
Loaded more today. Monster run coming soon IMO. Howco is the reason I'm buying. Their drone business could take off at some point though. It's just an added bonus if it does. $DRUS
I'll be adding more soon. I need more funds to clear. Low volume today. It looks like the dilution may have ended. I have a feeling $SRUP is about to run. I'll be loading all I can.
Shouldn't we have seen one for the AS increase as well? Was that increase for Lagan's shares?
I bought a few as a starter today.
They increased the AS again! The OS have also increased.
https://www.otcmarkets.com/stock/RNVA/security
Insiders will just issue themselves more free shares for doing such a great job.
Why would any company announce a second RS prior to doing the first? Wouldn't that be counter productive to trying to sell shares. Have you heard of a company doing this before?
Ready for a run LOL.
I agree! This is not anything people should be holding or buying at this point. Total POS!
RNVA is a total POS! I might buy back in after the next RS and selloff. Major theft going on here. I would not recommend anyone buy at this point.
I agree Bids. Shareholders will not keep buying if they are not kept abreast of new developments and any positive day to day goings on. If I own a company I want to know what's going on. It's the same way as a partial owner (Shareholder) as well. A lot of people want to feel connected to a company they are investing in. There needs to be a even balance between taking care of the debt holders and taking care of the shareholders. If Lagan is not able to accomplish this he will lose his shareholder base completely and not be able to sell any shares. If RNVA needs to sell shares to survive, then what happens when the shareholders stop buying? Will RNVA survive? Take care of the shareholders and it helps take care of the company.
Reverse split?
You may be right, but I'm not willing to take that risk. I'll bid sit for now. I believe it's just a matter of time though. Lagan has a lot of shares to sell.
With what we've seen here, it's just a matter of time. I got out at .002 and I'm trying to get back in at .0002. It's sad how fast RNVA has dropped. I don't need to ask people to stop buying at .0004. It is already starting to happen. For some reason Market Makers won't allow it to go up at this time. If they won't allow it to go up, then they may allow it to go down. I think you worded it much better though LOL.
Nice. I believe patience will pay off here. I've got a considerable bid in at .0002 and at .0001. I believe we will see .0002 and possibly .0001 at some point. Those that are still buying .0004, should be saving funds for lower prices IMO. When people stop buying at .0004 Market Makers will push it lower to increase volume. It's just a matter of time.
With what they paid for the hospitals, I'm sure they got a great deal on purchase of the 64 slice CT scanner as well.
I agree as well Ben. This would be a smart move IMO.
Maybe we'll have a run. I'll buy a few today.
Great find Legom. I thought you were gone. We hadn't heard from you in a while. Keep up the great work.
Will you buy after the reverse split and dilution? That may be a better time to buy.
IMO Lagan should announce spinoff shares date around the same time as doing the RS, to help maintain some shareholder support.
I agree. A lot of verses can be taken out of context. This is one that some would be wise to adhere to, even if they are not religious. "Live in harmony with one another. Do not be haughty, but associate with the lowly. Never be wise in your own sight."
RNVA is now #14 on the Breakout Board.
Well said Bids. A lot of us here feel the same way.