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I agree with you, RNVA has a bright future and good long term investment, but not to existing shareholders, imagine you have 5M shares now, after the two RS at 1 : 5,000,000, you will have just 1 share.
Because of that RNVA is fantastic investment for shareholders who will buy after the two RS not now.
Just returned back to 2Q, they gave update on July 12, 2018, no movement on PPS on that date, and when they announced 2Q results, also no movement.
As I told you, all are waiting for news about RS not the company results
I don’t know why you’re waiting for 3Q result, Lagan gave update on third quarter results on Oct. 16, 2018
The actual results will be mostly the same, I don’t know what are you waiting for.
All waiting for news about the two RS, not third quarter results.
I agree with you George for the first time to stay away from this scam.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143261523
The most interesting thing in your link George is when a spinoff happens, the common for the stock price of the parent company to take an immediate dip.
Bwahahaha, RNVA now at 0.0002, after spinoff it will take an immediate dip to zero
Which RS do you mean, the first one 1 : 500, or the second one 1 : 10000
Actually, this is the first time I see a company scheduled for second RS before do the first one
Bwahahaha
Sometimes you have 50M shares, then you sold them , now you have 6.5M at 0.0278
Nobody believe you George
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143169926
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143193230
In just 4 days George changed his mind
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144202354
Don't worry, George always post 'next week RS 1;500'
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143529578
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143168529
Imagine if you have 5M shares now at 0.0003, you have $1500
after the two RS at 1 : 5,000,000 and dilution, if the price will drop to 0.0010 again , you will have just 1 share at $0.0010
I’m afraid that RNVA will be next ABWN
Before split 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 .0012 now
Pray that it will not happen the same to RNVA
As I told you before, RNVA will reach the cents area after RS not before
I agree with you, RNVA has a bright future, but it had only $7,000 cash at the end of Q2
Even RNVA has 2M monthly revenues, it needs to sell billions of shares to continue financing it's operation.
First RS approved on Sep. 18, 2018 up to 1 : 500
That means they can do RS anytime
I agree with you, RNVA has a bright future, but what about two RS for 1 : 5,000,000
All shareholders will be out of the game, if you have 50M shares now, they will be 10 shares after RS
RNVA is a great investment for shareholders after the RS not now
I can’t imagine that your predictions RNVA will go up is based on that.
If APRU or SRUP went up 500X, RNVA is not necessary to do the same
It’s so strange to see an investor buy a stock, and hope to this stock to go up because the other stock goes up
Really it’s so funny to hear that RNVA will go up to 0.0200 from 0.0002
I could believe to go up from 0.0002 to 0.0020, 10X, but 100X no way
Same as your post on May 24, 2018 about filling the gap at 0.0192, but RNVA was 0.0065 not 0.0003, it was easy to went from 0.0065 to 0.0192
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141047661
I agree with you, RNVA will reach 5 cents, but after 1:500 RS
No volume today
MM’s are preparing for a huge thing
Still not understanding OTC market
No regulations, No rules
CEO's can tweet anything they want
Agree, if you put an order to buy 100M shares at 0.0003, MM’s will sell all the quantity even the ask volume is 5M, MM’s are selling naked at 0.0003 because they know that they can buy it again at 0.0001 in next few days, and make a huge profit.
MM’s are playing a dirty game, they don’t want RNVA to close at 0.0002, they bought 10000 shares at 0.0003 in the last minute to encourage retail to buy at 0.0003 tomorrow, I think they will dump the 300M shares at 0.0002 on Thursday or Friday, then the bid will be 0.0001
IMO, no RS at this level.
MM’s could easily take RNVA to 0.0050 in just 2-3 days, after that they start selling before RS
Look at ABWN, yesterday was at 0.0007, and today traded at 0.0039
Good luck longs
I agree with you 100%
MM’s play a dirty game, they kept the ask volume around 5M and sold naked millions of shares at 0.0003, because they knew that they will buy it later at 0.0001 and make huge profit
Hahahaha
35 M shares sold at the ask 0.0003 and ask volume still 3 M
MM’s trick
MM’s trick
Increasing volume of the bid and decreasing volume of the ask
Millions of shares bought at the ask 0.0003 and ask volume is the same
Be careful, don’t trust MM’s
There are many examples of penny stocks up without any news:
Look to stock LDSR has 4.5B shares OS and skyrocketed from 0.0005 on Jan.10,2018 to 0.0266 on Feb.28, 2018, no revenues, no assets.
Look to RNVA, 2 Hospitals, revenues exploding and bright future
No way RNVA will be at this low price, RNVA to the moon with RS and 10B OS or without RS and 10B OS
For all, be careful
Don't sell any share, MM's are trying to steal your shares
Nice action from MM's, they are shaking the tree before a huge run up
News out .......No RS, just increased AS to 10
As previously announced, on August 22, 2018 the holders of a majority of the total voting power of the voting securities of Rennova Health, Inc. (the “Company”) approved by written consent an amendment (the “Amendment”) to the Company’s Certificate of Incorporation, as amended, to increase the number of authorized shares of common stock from 3,000,000,000 to 10,000,000,000 shares. The Company filed the Amendment with the Secretary of State of the State of Delaware on September 18, 2018.
A copy of the Amendment is filed as an exhibit to this Current Report on Form 8-K and is incorporated herein by reference.
https://ih.advfn.com/p.php?pid=nmona&article=78289906
RNVA ceo must inform us of what happened in the meeting yesterday.
IMO, RNVA ceo must inform us of what happened in the meeting today.
I think they added this paragraph by Sep. 2019, because there is no plan to do RS in year 2018
FYI, Guys who are buying Penny stocks don't look to the balance sheet of the company, it's a speculations stocks, you know that penny stocks may up 500% or more in 1 day even if the company has no cash.
Link for final proposal on Aug 23, 2018
https://ir.rennovahealth.com/all-sec-filings/content/0001493152-18-012498/0001493152-18-012498.pdf
This paragraph wan in SEC filling on Aug.23 ,2018:
Proposal 2: 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-200 to 1-for-500, 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 1, 2019, subject to the Board of
Directors’ discretion to abandon such amendment.
IMO, they added this option, because they are not in hurry to do RS in the next 6 months. Also they could cancel it at an time, because of that I think RNVA will skyrocketing in the near future.