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5 to 1 buys today, all cores have been good. We are at a 12 million cap with near 1/2 billion inferred. The blue zone has never been tested as the drill missed the target.
Long term hold seen these explode from 20 cents to 25 bucks.
SMH...most of us been here a long time. I too am not willing to risk another penny on this.
Plenty of other stocks with potential.
Good luck on a re open of Jamestown.
They will need some 20 plus million.
They had the opp last June but decided to phuck us again.
20 million offering with 1 million float that and a spinoff was the time. IMHO
Happens quite frequently
Months? Years like 5 phukin years. And this is no reversal its a blip for now.
High speed spin cycle? I vowed not to average down again...I wish Rennova all the best. Im a long way from ever seeing the light of day and highly doubt it will happen.
Where did you get that figure? I'm not holding my breath.
Iam well aware of the meaning...this is exempt from returning to a penny was a play on words. I have been in this POS for years.
No way .
Means it can't hold above a penny.
Should be sub penny exempt
You have way more faith then I. Pay checks and employees not coming to work moral of the work force sad.
Where is the spinoff?
Pretty excited about the future of this company. Long long term hold.
I'm convinced that BK is imminent at this point. Payroll and taxes will take precedence on picking of the bones.
Boys are blowing off stock to get whatever they can.
Its done. No tele health.
Question is who converted and who bought? There certainly was not enough cash generated to cover the debt.
Or was anything converted at all or just a blow out of the AS again.
There have been many who have passed while Rennova has been turding around
Certainly starting a Promo
Thats a twist
Bro strong accumulation before last RS look where that got us ....base of .0001 or $1.00
Filter another RS and drop like last time? Your still bullish? They just continue to build no value for commons. They don't get hurt with their stock it flourishes no matter the direction.
You ain't seen nothin yet.
RNVA stock is toxic.
He runs a pretty good sucker punch.
I have thought the same thing.
chit bro one per thousand.
Lots of sardines for sharky sea mus.
Oh that bottom calling has been in since before we the last RS as a $1.00 base.
Thats been called for a year.
Well there is no bottom with this POS.
You know that the cheaper the price the higher the number of conversions.
Remember these were set at $1000.00 for 1000 shares....now its 1.25 million shares per 1 share preferred.
Any dividend given those preferred shares are counted as converted commons. Whether the company has the stock or not.
CD alone has 28,750 000 000 shares at this level if he has not converted. Yes that's 28.75 trillion.
($1000.00 ÷ .0008 = 1.25 mill)
If they spinoff the InnovaQor just how much would we get now?
Make sure you add the un named fund which was 19 mill then Seamus.
That's what the consensus was last go around when we RS 10k for 1 and 1 million shares.
The transition was complete from labs into hospitals...
There is no next time...the billions being blown out is the end of Rennovas common public shares IMO.
Seamus and CD will get InnovaQor for themselves as dividend.
New washing machine.
Only a handful here from the days of the implosion of the lab business.
A shift into rural hospitals ownership.
Buying this stock looking at a chart on a stock that was NASDAQ with a market cap of 230 million.
I remember just after an RS the cap was 15k...I averaged down again and the race was on. To maintain a percentage I continud to buy as fast as they were diluting.
Another RS and another...
I see lots of new arrivals its 2017 all over again.
The only way anyone made money was on the short. When you control the liquidity of the shares at arms length.
Lab business failed, hospitals failed...everything in the past 5 years has failed when it comes to RNVA except amassing huge debt and Seamus salary of 500k not to mention how much stock he has flogged.
Very true statement.. the past 3 RSs all acted nearly the same.
This Super Nova in volume is most likely the death of Rennova.
Long way up to ge from here..IMO
Long termer.
SORRY I bought thats prolly why it's down.
I think its great !
Crypto...yes. That crash is long over due but lots of money can be made...maybe no foubt.
Well GLTY, run a 5 year chart. I have averaged down from 36,0000? per share from 2018.
It can go lower...you buy at .0008 now that equivalent to $8.00 now even more if you consider the OS.
As I have stated I have owned 2% of the AS 3 times.
I hope this can recover butI doubt we may ever see .001.
I'm done written off mentally.
Hope it bounces to to a quarter. She gets no more money from me. GLTY
How many stocks on the OTC have no income and no revenue are trading with MCs much higher?
Not arguing just being real.
This particular stock has NEVER been able to hold a MC. Yet so many with nothing have MCs 10x 20 x 50x...with nadda.
I'm not going to arguing that this is no toast.
"This is the cheapest can be"
Thats some funny chit. Never been through multiple RSs have you.
Do a 5 year chart .. now get ill.
You and Filter...man brass balls.
No they don't. They have Alciemide (Lagan) who has lined his pockets, we have Diamantis who kicked in 20 mill and that debt was converted to preferreds and one unnamed named investor for 29 million which 19? million was exchanged for preferred share and another 10 million option which was defaulted on.
Don't know what is happening I suspect they are blowing out all these preferred shares to recoup something or they have devised a reverse merger or the software spinoff.
Whatever it is some one is setting off scanners on high volume and blowing out stock.
Those of us who have been here will not recoup. 80k in June has been reduced to $80.
I have owned 2% of the AS 3 times.
This is done for any of us long term holders. Our 5 million in division should have been worth .0005 pre last RS and we all got phucked.
I kept buying ....
They captured more hostages
..aka bag holders.
This has been a dumpathon for years.
Last couple weeks massive dumps.
We should have had a 50 mill cap when all 3 hospitals were up and gross revenues were over 125 mill.