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Negative or positive you have to evaluate both when making decisions. La La land is non existent
Yeah look where it is now. With all the new regulations, those occurrences will be ummmm 1 in 210 billion. Seamus has bills to pay infrastructure to stabalize. If there is a pop, it will be diluted almost instantly. Revenue means finally taking in money which means to creditors it’s time to pay up. They don’t care about timelines and forward looking statements. Also, according to Seamus, they are trying to acquire Mrytle Recovery BUT need to “raise” capital. Exactly how do you guys think they’re gonna do that. So much for all that revenue. Revenue is not profit and these days pinkies don’t run on speculation and intent like the good ole days
Doesnt matter dude. It's at no bid. If it pops more power to you. But it's more likely that it won't get past .0003 if and when it does. Seamus will eventually R/S. I'm confident about that based on his feelings about sub penny stocks.
Oh yeah! Woo hoo! The good ole days are coming back! This will shoot to the moon on speculation alone! I think Imma pick up 500 milly! Hopefully I can get half of that filled at .00001 unfortunately my broker doesn’t allow this retail investor to go that low. I wish I knew how the lucky ones do it.
Wait what?! I'm confused. I think you need to go review George's sticky on R/S history. Two of them were actually initiated in one year! And everytime it reverted back to no bid in a very short period of time. I don't diagree that there are more positives occurring now than just a few months ago ,but Seamus has stated numerous times about his thoughts on his company trading sub-penny Let's just be honest that everyone who is buying at no bid is just hoping and waiting that this has one more pop to .0003 to get out.
Quick question. If you believe this was oversold and shorted last split, ummm... then what happened with all the previous ones???
Revenue does not equate to profit. It's definitely a positive ,but it does not represent a company's bottom line. RNVA has a ton of bills and debt to pay. Hence the reason they have to "raise" capital new acquisitions and/or ventures.
Exactly how is that a positive to all the folks who went through R/S? Of course if you get in at no bid, any uptick is awesome huh? Technically RNVA isn’t up at all. Only folks who got in at no bid might have flipped. But to say RNVA is up, is actually highly inaccurate…
No need for a R/S at this time...
That has to be dumped first.
Your ''friend" is ready to unload if and when this pops to .0003
So you're not really bullish right? The best time to invest in any pinky is when it goes to no bid or low trips. Ummm... that's pinky 101. Lower risk higher rewards.
Bullish posters were not here when this was plummeting post R/S. It's soooo easy to tout a no bid ticker when there's only one way to go with the exception of those 5 zero trades from time to time. It's not a good sign when such a promising company ONLY has investors once it goes no bid.....
Recent Developments
Formation of Behavioral Health Services Subsidiary
In the second quarter of 2022, we formed a subsidiary, Myrtle Recovery Centers, Inc., to pursue opportunities in the behavioral sector initially in our core, rural markets. We intend to focus on leveraging our existing physical locations and corporate and regional infrastructure to offer behavioral services including, but not limited to, substance abuse treatment. Services will be provided on either an inpatient, residential basis or an outpatient basis. The Company is finalizing its plans for such initiatives, which are subject to raising additional capital, licensure and the hiring of clinical and operational staff.
Exactly how do you guys interpret that last statement?
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...
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