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You actually believe everything you read on a public forum?
1.57 billion at .0001
Here's why there's no need for a R/S at this time...
two hundred and fifty billion shares authorized meaning that there was no need for a reverse split for the foreseeable future.
Sarcasm Penny-I'm bearish ask is over 1.2 bill now
Ask is steadily increasing...I guess awesome news is on the way soon
Now its 1.169 billion at .0001
Revenue vs profit NOT interchangeable
You do know authorized shares are typically used for dumping and dilution, right? So they can dump all those shares THEN r/s. You never noticed how that asks constantly refills or how quickly it tumbled back to no bid?
If I’m wrong I will man up and admit it but I’m ole school on RNVA. I base my opinions on my own experience. But if I’m right, you will probably never post on this board again. I’ve heard all you guys theories and hopeful wishes many many times before. Hey if I’m wrong good for you. But consistently closing at .000001 daily, good chance I’m not. Seamus doesn’t want his company under .01 Best way to keep money in his pocket is to R/S and start “fresh” and maybe bring value to where he can move it back up the exchanges and off of pinky.
Seamus will not do anything positive until he gets rid of those 5 digit 0 trades ummm that’s a R/S. All that volume two months ago is the same type of volume that always occurs when this goes no bid. Nothing special
Maybe after r/s
Wish yall good luck on those dividends
Seems like some folks started celebrating New Year’s Eve a day early
You guys are joking about some divvy, right?
?? sure you are!
It’s funny that you guys say 400% gain when technically this consistently dropped from its post R/S share price NEVER going up. But I guess if you buy when it’s at no bid and flip the one or two times it goes to .0003 Then I guess you can say gain. Seems like the best time to buy RNVA is when it goes to no bid.
There's also a good chance your shares will disappear instantly.....GLTY If you're riding "free" shares, then congrats!
Dude if you invested 50 k then congrats on the flip! Goin from .0001-.0003 is not much of a run for us small time folks.
Sorry Varmit but RNVA always has that one little run from no bid to maybe .0003-.0004. It's really nothing special. It has been the pattern. Typically it has that only ONE little run then R/S follows. I doubt it has another one prior to R/S. When this goes no bid, I always throw a couple of hundred bucks. But I never expect it to bounce twice from no bid. GL
Why does it matter if the news was 4 yrs ago? It’s how he feels and thinks once a company goes subpenny. His philosophy hasn’t changed. 4 yrs later same thing different day. Trading at .000001. Why buyback shares or cancel when it’s easier to just put that money elsewhere and just dump then eventually R/S? Win win for them not so much for us
It's old news BUT it reveals Seamus's business philosophy. Regardless of financials, Seamus has stated numerous times trading at .0001 or below .01 is not conducive to RNVA and investor success. Therefore he initiates a R/S to correct it. What do you think he’s going to do with this consistently closing at .000001? Cmon dude 5 zeroes LOL
Mr. Jolly also brought up the plans for a reverse split on the Company’s shares.
“This is always a sensitive area for shareholders” explained Mr. Lagan. “We find ourselves in a position where we don’t have a choice with the current sub-cent share price.” He went on to explain that the Company is starting to demonstrate in its filings an uptick in business and that they want to be in the best position for investors and shareholders to participate in the public market, which is difficult and costly when a share price is below $.01
research the differences between net revenue and net profit. Positive net revenue is a good sign but it doesn’t reflect or tell the complete story of a company’s bottom line. .
Mr. Jolly also brought up the plans for a reverse split on the Company’s shares.
“This is always a sensitive area for shareholders” explained Mr. Lagan. “We find ourselves in a position where we don’t have a choice with the current sub-cent share price.” He went on to explain that the Company is starting to demonstrate in its filings an uptick in business and that they want to be in the best position for investors and shareholders to participate in the public market, which is difficult and costly when a share price is below $0.01.
That was Seamus’s excuse prior to a previous R/S…. This is trading at .00001 at times. Based on his last statement, logic suggest he will eventually R/S again to “put investors and shareholders in the best position” If anyone is over selling this, it’s him doing it… Time to get my gumbo ready! I’m in Louisiana
I thought those repetitive "RNVA is legit" posts was the little bit of good news this puppy needed???
Really? RNVA and Seamus has a lot of work to do to build common shareholder confidence. Come on please face facts. Smh
I agree that poster doesn't realize what "No R/S in the foreseeable future" actually means......dumping has been authorized but hey RNVA is legit
Really miserable? You think that's why we are still here? Maybe you are right. But many of us have been here since the beginning ,so yeah call it what you want. But miserable? I honestly think it's quite comical reading the redundancy on here. I'm here because I hate to lose. I do believe one day this will be worthwhile because the health sector is a necessity but Seamus always finds a way not to prosper for common shareholders. I knowingly throw at least $100 bucks after each R/S granted I wait until it goes to no bid but I throw that bill regardless hoping I might reap some benefit! LoL oh well casino money.
R/S does not create "value" Even though the hi was $1.50 Seamus was still dumping and/or converting. $1.50 or .0001 same value. Folks took there money before it went back to .0001 for the rinse and repeat. You do know after each R/S it has gone back to .0001 in a few months time, right? This pattern you are currently experiencing has occurred EVERY R/S. Someone keeps posting RNVA is legit. Well, I know if my company was once NASDAQ level, I sure wouldn't let it plummet through all other exchanges in between straight to pinky.
Dude I may be wrong but this is trading below.0001. Seamus will not cancel or buy back shares when he has to use that “profit” towards other things. It’s business 101 dude. Common shareholders are the last thing on his mind imo. To stop these .00001 trades, he has no choice but to R/S. 2022 will end with a trade of .00001 unless someone paints. Next quarter he’ll give all the reasons, yet again, why a r/s is necessary and beneficial to the company. RNVA has bills to pay…
That’s all folks! We all know Seamus not making any impactful moves positive or negative with only a little over a week left in the year! Over the years, I’ve seldomly experienced even a press release or announcement with about a week prior to year’s end on otc. R/S next quarter is only logical course to get this “profitable” company,which still owes creditors, moving in the right direction. Again, any profits must be utilized properly. Creditors and infrastructure. Of course the board has to get paid. Common shareholders will have to wait a while to reap any benefits of positive cash flow and I don’t mean going from .0001-.0003 flip. JMO
If this was a non profit charity then maybe! Unfortunately this is a place where the well off/rich scheme to remain well off and rich.
Nah Rnva was trading on Nasdaq fur a brief period. You need to do some simple due diligence. R/S raises share price but it does not increase value
I'm about to contact my "group" and demolish that ask!!!
Dude you really trust forward looking statements? That can change in a heartbeat… smh
Doesn't matter post alll the nonsense you want. It's your right.
I was being sarcastic in reference to another poster’s claim of “billions” bought at .00005. A few trades have gone at .00005 but no where near a billion. Don’t believe everything posted on a message board.
Most pinks in my experience don’t end the year with a “blast” Most don’t hold pinks long term and just take losses. But with all the new requirements, who knows might be different for 2022…
I agree!! I bought at .000002 and profited over $500k. RNVA is the greatest stock ever!!