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Is it a simple U Turn, a roundabout, or the Houston beltway? :)
I'm not sure I believe that. ETRADE doesn't allow you to place an order below .0001 and I've inquired if it was possible with a few other brokers ,and I was informed it's not. Maybe some folks are just getting lucky that their order is filled below .0001 sometimes for whatever reason maybe???? Ok but that doesn't happen often....wish I could get lucky with a ton of .000001's LOL
All sounds good in theory BUT
we will seek to expand throughout the region through acquisitions
Nah, he's not a paid pumper. He's a STUCK pumper who thought this was instantly going to $.25 cents because "Charlie" told him. Therefore, due to greed and emotion, bought up a ton of shares between .0002-.0004. The very next day it closed at .000001 So yeah draw your own conclusions....
You are absolutely correct!! I actually agree with you! LoL NO R/S! 2023 will close at .000001 on December 29. Once a good chunk of that A/S is used, a R/S will be initiated. If Seamus doesn't dilute post R/S, and manages revenue accordingly, RNVA will be in good shape. There's no quick fix here. Financials will take time to impact this as evident in current share price... But I honestly believe you share my sentiments just not willing to openly admit it.
Based on my experience, as long as the A/S is what it is and dilutive measures are still in play, if there are shorts, they will NEVER pay. Massive Dilution helps shorts out. RNVA didn’t plummet to no bid just because of shorting. Something miraculous would have to happen for shorts to pay.But if it were that simple, don’t you think Seamus would have made them pay by now? He has contributed to it. If you’re waiting on profits for some buyback, then be ready to be at no bid or trips for a good bit longer…Just way too many liabilities. We have to wait for quarterly/yearly reports to gauge a logical timeframe.
So you actually bought 100milly?? Congrats!! Good luck to you! I know it must be awful seeing that large position close at .000001 every day. Hopefully this doesn't R/S on you. So on a serious note, with RNVA's current share structure, how do you suppose this will go to $.05 very soon? Please give us all some logical reasons to support your prediction. You’ve been posting .05 soon for 10 months,but you never provide any reasons?why?? Also, exactly what is your definition of “soon”? Years? If so, you might be right…or is posting that everyday some form of coping mechanism?
The "turnaround" will take years IMO based on latest 10q. Numbers are improving but that's a slow process. Those liabilities are adding up each day and it will take a while for that Net Income to catch up. That's just my opinion based on the trend. Not bashing just looking at all the numbers and drawing a logical conclusion. So in the meantime this will either stay no bid/maybe trips while Seamus works that huge A/S OR R/S.....
Dude are you ok? There's a number I can give you. There might even be a pill for whatever it is you have. So since you felt the need to message me, how about you explain to all us folks on what do you think Seamus is doing with that 250 billion A/S and why are there these huge blocks going at .000001 for over a year? When I address it or give my thoughts, you call me a basher. So how about you address those important FACTUAL issues for us? I mean I know you're not pretending it's all fake or something, right?
So you actually bought 97 milly?? Congrats!! Good luck to you! I know it must be awful seeing that large position close at .000001 every day. Hopefully this doesn't R/S on you. So on a serious note, with RNVA's current share structure, how do you suppose this will go to $.05 very soon? Please give me logical reasons to support your prediction. You post .05 soon everyday but you never provide why??
That person is oblivious to the share structure. They just don't understand that THAT has to be restructured somehow to leave the trips. It would take some MAJOR announcement for this to leave trips the way RNVA currently is. Financials alone won't get it done.
Oh you added very that means another two years at least.....
Varmit I'm not sure what your post means. BUT how about you take all that profit you made on October 10 th and wipe out the ask for us?!!! Your sooo high on this! It would be greatly appreciated!!
Ummm I concur. JMONEY'S post are misleading. Seamus's past actions describes his true character...to constantly post Seamus's statements as FACTS are misleading IMO
Dude if youd actually provide some actual thought on what has been transpiring here over a year now, you might get some folks to buy in and knock out that ask so you can at least unload your shares. Posting Charlie's DD is not helping your cause if you haven't noticed yet! LOL Institutional investors have been getting theirs at .000001 for the longest and if there is a run, that 250 billy A/S will definitely go into overdrive. Then you have BULLS here claiming to control over a billion! Oh LAWD!! LOLJust imagine
Opened at 500 milly on the ask, now it's closing in on 700 milly, only 4.4 milly traded, and most of that is at .000001 Any thoughts?? I've stated many times what I think is going on based on facts, historical data, current data, share structure, balance sheet, and similar stocks, I've encountered in the past to draw my conclusions. But yet I'm a basher... LoL Trends take years. I'm bullish on one day (years from now) this will be golden, but alot of bad shit will occur before then. Miniscule runs will occur BUT the whole instant millionaire scenario is a joke. But I digress. I'd appreciate any logical responses to why there's absolutely no interest and why the BULK of volume is at .000001 for nearly 10 months?? Charlie you are welcomed to respond....
Ummm... what do you think a first year law school student would tell ya? Turn the the page?? LoL Nah I don't think so! Someone keeps posting the CEO's statement as FACTS. That is misleading. The CEO can change his mind and do what he has to do when he feels he needs to. To repeatedly post NO R/S FACTS when we ALL know that can change any day, is just another PUMPER'S tactic...Goes to character...Can't trust anyone. Especially CEO's it's all about the Bottom line $$$$ From Disney to the horrible Oceangate.....
He no longer tweets after that fiasco
Seamus Lagan
@seamuslaganRH
We cannot do a reverse split. That information is already in the public domain.
2:16 PM · Jun 21, 2018
We cannot do a reverse split. That information is already in the public domain. https://t.co/Qjk1M7v9tg
— Seamus Lagan (@seamuslaganRH) June 21, 2018
Yeah you're certifiable a joke. I'm actually attempting to have a decent debate with you but you keep avoiding my legitimate questions. SMH LOL
Honestly all the back and forth aside. Seamus has already lied to shareholders about not doing a R/S. Why do you keep posting his statement as facts???? You really trust him that much? LOL Yeah you do! That's why you bought a ton at .0003 and .0004 listening to Charlie! LOLLOL .25 cents!! LOLLOL
Nah this BEAR agrees with you! LoL There will be NO R/S not until Seamus gets what he can out of that 250 Billion A/S! Conversions at .000001 and dilution LoL If you disagree that's not why the A/S was increased, please explain why it was. Thanks! Yeah you won't provide a reasonable explanation. I already know! LOL
Can you please explain the purpose of that 250 billion A/S?? It seems to be a significant part of your awesome DD!!
LOL That conversation is over. My intent was to start a conversation. My post was easily verifiable. Not intended to mislead. You are stuck and I'm not. I'm ok with losing $200 bucks and I'm also ready to hop on when the time is right. Seems like you bet the house on this one and it's been at .000001 since! I sympathize! LoL Either way I will be content with a run or a no bidder that R/S. How ya feelin about your huge position closing at .000001 everyday for the past 10 months? Come on be honest for once...Why do you think trades are still going at .000001 and why did Seamus increase the A/S to 250 billion? I bet you won't answer. LOLLOL
Charlie said $.25 cents in October... So there you go... Why we still at .000001? Inquiring minds would like to know. Any logical thoughts from ANY BULL would be greatly appreciated...Oh and why would Seamus increase the A/S to 250 Billion, if he didn't plan on using it? By the way, based on how fast this went back to no bid on October 11 and the .000001 trades, it's no longer 250 billion. I guess that's actually a good thing in the grand scheme of it all....
Yep I agree. But if you want to be technical, it's actually only BUY at your own risk at the moment....
The funny thing that BULLS don't understand is, if this goes to .05 anytime soon, we all win! I may be bearish but I'm not gonna miss the train IF it ever looks like it's comin! I'm not stupid!! LoL I'm just not gonna sit here and entice anyone to buy and just hold for who knows how long with current DD that clearly isn't the catalyst for this. It will take some MAJOR move not financials to move this in the short term. Waiting on improving numbers every quarter = LONG TERM investment. R/S is a possibility while waiting for those reports. I'm just not sure how much longer Seamus will accept .000001???
Dude I'm not entertaining you anymore today. Ask Charlie what RNVA plans to do with that 250 billion A/S and why is this still closing at .000001 with all the awesome DD he has been repeatedly providing us. Please respond with a coherent and meaningful answer. If you're not going to be serious, please don't respond. Thanks!
Board just having a little fun, well I am. I don't take anything personally especially on a message board. Not much to do here.Everyone here Bears and Bulls just waiting on anything to transpire Been trading at .000001 with no bid for over a year except for a few days in October. "debating" pros and cons I guess
On YOUR face $0.000001 $0.05 one day but NOT today...
Let's see there are many GREAT supporters here trying to get folks to buy, hold, and wait for the best BUT my top 3 Bagholder Pumping Bulls are drumroll...
3. LetGoodTimesRoll-Has held through just about every R/S losing a bundle but still loves his sweet RNVA
2. Lolo12-Claimed to have loaded over a 100 million during and after the October 10th run BUT bashed the heck out of it prior to that been stuck .000001 with no bid but .05 soon for 10 months now
1. AND my number one pumper is yep! JMONEY- Dude hopped on, on October 10 when Charlie told him RNVA was going to $.25 cents in no time. Bought a shit load of .0003's and .0004's now doing what he can hoping just to break even
On the contrary! Most here would love for all you Bulls to knock out that ask then knock out the .0002’s!! I’m sure we all would appreciate it!! Thanks!
I know right?! It was fun for a while, but now I'm kind of bored! LoL See ya'll tomorrow! Peace Out!
Nice thoughtful response. I should have known you would not be able to convey your thoughts in a coherent and meaningful manner. I guess you have no clue why they increased the A/S or why this closes at .000001. I figured that! Thanks! We know your true motives here! LOLLOL .$25 cents! LOL I still can't get over that one though! LOLLOL
You see I was going chill for the evening but there you go! LoL Please post one thing I've stated that you consider "bashing" There are positive and negative FACTS. Most of what you post are pointless forward looking. It's forward looking because there's a chance it WON'T come to fruition. I'm still waiting on your explanation why you bought all those shares thinking it was going to $.25 cents?? Ummm.. seems like you're the weak minded one! LoL But seriously, What are your thoughts about the 250 billion A/S what is it's purpose? AND Why is this still closing at .000001? I'm seriously awaiting a thoughtful response from RNVA's greatest supporter. Please explain those two questions...NOT CEO HAS DONE A GREAT JOB 2023$$$ or some CHEAP SHOT AT ME response either
Ok I will chill for a while , but before I go please explain what was the purpose of increasing the A/S to 250 billion if they didn't plan on using it? Their current revenue will not cover past debt/losses, daily/monthly expenses, loans, interest rates, etc.....If you think there will be no R/S due to 250 billion A/S then you have a bit of a contradiction. You're admitting that they will use that 250 billion ,right? That means dilution and conversions which means this will remain at no bid or in low trips for a very long time until the sheet is balanced. Currently RNVA can't afford to use what little quarterly profits they MIGHT make to cover ALL expenses including past losses or some miraculous buyback you BULLS are throwing out there. Pick your poison R/S or 250 billion A/S?
My minor is in psychology. I Almost pursued that career. I wish I would have. I could have provided you with some much needed services.
I'm not sure why you keep referring to "naked shorts" I give my opinion and you give yours. That's how this open public forum is supposed to operate. Just because we may disagree doesn't mean we take baseless personal shots. I'm good.. everything can be spun positively or negatively. I'm just putting more info out there. Not just what fits anyone's narrative. Remember I did say numerous times this is trending in the right direction. I just feel RNVA has a long way to go....
You're not your :) So it's my fault? LOL. Those who listened to JMONEY or bought with emotion back on October 10, have been watching their millionaire maker close at .000001 almost everyday since. Think of how many bought up shares just because JMONEY and LOLO posted outrageous share price predictions. But you're ok with that, huh? So You really believe my posts is why there's no interest, no volume, or no bid here?? Smart money will hop on at the right time. NOT hold a no bidder for over a year just for the heck of it. The share structure and the balance sheet is why this sits at no bid. Nothing you or I post will determine RNVA's success or failure. IHUB members will not make or break this company. Come on I know you must be kidding....
A negative net income means a company has a loss, and not a profit, over a given accounting period. While a company may have positive sales, its expenses and other costs will have exceeded the amount of money taken in as revenue.
Income Statement
In the last 12 months, Rennova Health had revenue of $16.81 million and -$195.64 million in losses. Loss per share was -$0.12.
Revenue 16.81M
Gross Profit 9.56M Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Operating Income 1.28M
Pretax Income 109,961
Net Income -195.64M
EBITDA 2.31M
EBIT 1.86M
Loss Per Share -$0.12
Balance Sheet
The company has $251,221 in cash and $13.83 million in debt, giving a net cash position of -$13.58 million or -$0.00 per share.
Cash & Cash Equivalents 251,221
Total Debt 13.83M
Net Cash -13.58M
Net Cash Per Share -$0.00
Equity / Book Value -28.29M
Book Value Per Share -0.00
Working Capital -42.24M Short term indicator is why RNVA will remain NO BID, dilutive, or conversions will remain at .000001
Cash Flow
In the last 12 months, operating cash flow was $2.07 million and capital expenditures -$255,683, giving a free cash flow of $1.82 million.
Operating Cash Flow 2.07M
Capital Expenditures -255,683
Free Cash Flow 1.82M Free cash flow looks good but that's a LONG term indicator. Trends take time....(years)
FCF Per Share $0.00