Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Bidsmaker1, what’s your opinion now after this huge dilution, we need your post now
Where are you George, what a great post 4 hours ago
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144624193
Because of that, I laughed for those who posted this week that RNVA will go up to 3-5 cents before RS
Company with billions of shares AS and OS, and volume 19M !
Down 99.70% from Apr. 25, 2018 when it was at 0.0340, and no any single trend to go up. The management is so happy with that, just did RS and dilution, what a ridicules management!
Interesting or not interesting is not the matter man,
If you are suffering a loss of 99% of your investment, you didn’t told that.
The majority here have a loss of more than 90% of their investment.
A company with billions of shares outstanding and volume today just 16M
Nobody tried to buy this scam stock, because of RS
No company at any stock market announced for second RS before did the first one
No way, you will never see 0.0003, RNVA now in full power of dilution, if they will not announce RS in the next two days, you will see 0.00009 and lower in the next week.
Management doesn’t care of existing shareholders.
Wake up from your dreams guys, I read posts that RNVA will go to 5-10 cents from 0.0001
That’s so ridiculous
2 days ago ask volume was 20M
yesterday ask volume was 90M
today ask volume is 120M and increasing
just another 2 days and all 1B shares at the bid will be dumped and PPS will be under 0.0001
100M shares at the ask 0.0002, just cost $20,000, it's a little amount for investors, but everybody knows that PPS will go lower and lower after two RS.
CEO Lagan killed the stock with the 2 pending RS
Nobody wants to buy now, all are waiting to buy after RS
No volume, company with billions of shares, and the volume 1M in 1 hour
what kind of news you are waiting for, RNVA announced two weeks ago that revenue increased from $1.4M in 3Q, 2017 to $5.4M in 3Q, 2018, up 285%, with this news it must be 10 cents not 0.0001
The picture is so clear now, first RS and dilution, then second RS and dilution, RNVA management doesn't care about shareholders, they are taking care of them self.
I think tomorrow MM's will dump all 1B shares at the bid 0.0001, then RNVA will start trading at 0.00009 and down
Waiting for spin off news, this news should be released one year ago, just take a look for this news released on July 12, 2017
Transaction expected to be completed at the end of September 2017
WEST PALM BEACH, FL -- (Marketwired) -- 07/12/17 -- Rennova Health, Inc. (NASDAQ: RNVA), (NASDAQ: RNVAZ) ("Rennova" or the "Company"), a vertically integrated provider of industry-leading diagnostics and supportive software solutions for healthcare providers, announces that it plans to spin off its Advanced Molecular Services Group ("AMSG") as an independent publicly traded company by way of a tax-free distribution to Rennova stockholders. Completion of the spinoff is expected to occur at the end of September 2017 and is subject to numerous conditions, including effectiveness of a Registration Statement on Form 10 to be filed with the Securities and Exchange Commission, and consents, including under various funding agreements previously entered into by Rennova. A record date to determine those stockholders entitled to receive shares in the spin off should be approximately 30 to 60 days prior to the date of the spinoff.
RNVA is a faked company
Market makers are playing with this stock, yesterday's volume 157M, 600M last week, and today 10M
I think they will dump all the 1B shares at the bid today.
Every month you do the same thing, waiting for news, what kind of news you want, RNVA announced two weeks ago that revenue increased from $1.4M in 3Q, 2017 to $5.4M in 3Q, 2018, up 285%, with this news it must be 10 cents not 0.0001
The picture is so clear now, first RS and dilution, then second RS and dilution, RNVA management doesn't care about shareholders, they are taking care of them self.
I totally agree with you, as when the bid was at 0.0002, there was more than 600M at 0.0002, and within 10 minutes, MM's sold it all at 0.0002, then made the bid 1B shares at 0.0001
I think they will do the same today
what are you talking about guys, up to 5-6 cents without RS, that will not happen even in your dreams
what are you talking about guys, up to 5-6 cents without RS, that will not happen even in your dreams
No volume today, nobody wants to buy with two RS, company must cancel one of the two RS
Yesterday volume 157M, and today 20M
MM’s game
No man, RS 1:500 first then 1:10,000
On September 19, 2018, Seamus Lagan, Chief Executive Officer and President of Rennova Health, Inc. (the “Company”), and Alcimede LLC, of which Mr. Lagan is the sole manager, the holders of 26,684,380 shares of common stock and 250,000 shares of Series J Convertible Preferred Stock (the “Series J Preferred Stock”), which votes with the common stock and the Series F Convertible Preferred Stock (the “Series F Preferred Stock”), with each share of Series J Preferred Stock having 12,000 votes, representing 50.4% of the total voting power of the Company’s voting securities, approved by written consent in lieu of a special meeting of stockholders the following proposal, which had previously been approved and recommended to be approved by the stockholders by the Board of Directors of the Company.
Proposal 1 : To approve an amendment to our Certificate of Incorporation, as amended, to effect a reverse stock split of all of the outstanding shares of our common stock, at a specific ratio from 1-for-100 to 1-for-10,000, and to grant authorization to our Board of Directors to determine, in its discretion, the specific ratio and timing of the reverse split any time before September 30, 2019, subject to the Board of Directors’ discretion to abandon such amendment.
The stockholder approval of the above proposal will not be effective until 20 days after an information statement that has been filed with the Securities and Exchange Commission is mailed to the holders of our common stock, Series F Preferred Stock and Series J Preferred Stock. The above proposal is separate from, and in addition to, the authorization of a reverse split of our common stock at a specific ratio from 1-for-200 to 1-for-500 previously approved by our Board of Directors and stockholders on August 21, 2018 and August 22, 2018, respectively. The stockholder approval of that proposal became effective on September 18, 2018.
Just take a look how MM's play with RNVA, they bought 1 share at 0.0002
I just want to know, who bought 1 share at 0.0002 and the commission is more than $5
https://ih.advfn.com/stock-market/USOTC/rennova-health-inc-RNVA/trades
Do you want to know what RNVA next scenario, just take a look to the stock ABWN, before RS two months ago, it was at 0.0001 and there were billions of shares at the bid 0.0001, then did RS at 1:30,000 and now trading at 0.0004, Remember the did RS 1;30,000 not like RNVA, two RS at
1;5,000,000
The picture is so clear guys, all existing shareholders will be wipe out,
only who will buy after the two RS will be rich.
All of us know that RNVA has a bright future and revenues increasing quarter over quarter, but it's a good investment after RS not before.
MM's game man, they kept the ask size at 1M shares, and sold 106M at 0.0002, now they finished and return back the ask size to 33M shares
Just a trick from MM's to sell shares at 0.0002
I know that DCTH went up from 0.0150 to 0.37, but look at it now after RS 1:500, now trading at 0.55 after RS
8-10 cents without RS, you’re dreaming George. Why you didn’t wait for 8-10 cents instead of sold your millions of shares at 0.0002
In OTC Market, there’s no regulations, CEO can tweets or issues any news without any responsibility, not like Nasdaq or Nyse. Remember Tesla Ceo when he tweeted faked news, Nasdaq imposed a fine on the company
What are you talking about man, from 0.0001 to 0.10 without RS, means up 100,000%
Talk logically man
How can we go to 0.30, if they do the first RS now at 1:500, post RS will be 0.05
I agree with you if the first RS is 1:10000, and the second one is at 1:500
I don’t think they will cancel the bigger one, they will do both
Hi Bidsmaker1, thanks for your posts.
I have one question, and I need to find an answer, why a company announced a second RS and not did the first RS yet.
I’d be highly appreciated if you have an answer.
I don’t know why many think that spinoff will take PPS to higher level.
Many companies announced for spinoff, and the stock price didn’t go up at all.
Look to the recent example HMNY that announced spinoff two days ago, and the stock price remain as it is at 0.0185
In RNVA stock, the main problem is dilution and RS, nobody wants to buy now. all investors are waiting to buy after completing the dilution and RS.
You are right Bids, but usually stocks will go down after RS, there is no chance to go up after RS
RNVA will be next ABWN
Before splitted it’s share 2 months ago, they were more than 1B shares at the bid at 0.0001, then did RS at 1 : 30000 and dropped from $3 after split to .0007 now
All existing shareholders will be wipe out
It's clear now, RNVA will be 5 cents after first RS 1:500 may be this week , and it will drop back again to 0.0001 in just a month, after that they will do the second RS 1:10000
bwahahaha, more than 15M shares sold at .0002, and the ask still the same 20K at 0.0002
MM's dirty game
RNVA will be next ABWN
Before splitted it’s share 1 month ago, they were more than 1B shares at the bid at 0.0001, then did RS at 1 : 30000 and dropped from $3 after split to .0007 now
All existing shareholders will be wipe out
Thanks for selling, RNVA will skyrocketing
See you later George