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As you know you can still sell out at 0002.
Lots of demand out there considering we're on the eve of the 'Great destruction' as you claim. Strange times huh? Truth
Yes the same reality dose that caused CD to swap nearly 20M of Company debt for stock in this GEM.
It's almost time. Enjoy
$4 mentioned in another ticker soliciting votes for a 10-1 to 40-1:
"The Board intends to effect the reverse stock split only in connection with the listing of the Company’s Common Stock on Nasdaq as further discussed below. The reverse stock split will provide for meeting minimum Nasdaq requirements for listing (such as a minimum stock price of $4.00). The Board reserves the right to elect not to proceed with, and to abandon, the reverse stock split if it determines, in its sole discretion, that the reverse stock split is not in the Company’s best interests or that of the Company’s stockholders."
https://www.sec.gov/Archives/edgar/data/832489/000143774920014682/govx20200702_def14a.htm
100% coming and they had quite some time to wheel and deal with FINRA to ensure there would be no hiccups. Also has to go smooth to complete the spin-off quick with other parties watching in waiting.
I really dont believe this split was done without conditions on the Company and with the intention of the Company regaining future compliance to raise significant capital in the near future
Of note: $4 is the requirement for NAS compliance
GL
Huge demand still waiting for 1s and 2s being sold 3 days out from a massive split
GL
That was my thought.
Our differing read outcome is yet TBD
Cheers Lion. Wish you all the best and completely understand your decision.
You always gotta follow your own instincts or reads and move forward. Right or wrong you can always move on following your gut.
GL
Good morning. It could have to do with the change in CUSIP or fractional shares being provided to some holders post reverse
Shareholders always watch. You? Enjoying your big night?
I have ALWAYS said I believed the reverse would happen.
Just not off 0001 & more I important dont believe the stock will self destruct here split or not as it did in the past for many reasons listed over and over. Main reason being CD cleared debt for shares to sell post split.
Also who's to say Seamus isn't paying for the split promotion to scare more shares out of retail? There is usually a motive to pay for a promotion.
Surely it could also be that he is just a sick twisted soul enjoy torturing his shareholders to the fullest, but we'll see soon enough
Here's one we can likely agree on
$RNVA ~ RENNOVA HEALTH, INC. ANNOUNCES REVERSE STOCK SPLIT ~ #RNVA Read More: https://t.co/r8w3qR10LM pic.twitter.com/SHLiZMcOJ6
— Stock Day Media (@StockDayPodcast) July 28, 2020
Enjoy your big day man!
As i recall you we're not a fan of this low volume painted closes & yet when they give you a $30 trade your Mclovin it :)
Again, enjoy your big day...
Is it Friday afternoon yet?
It's only Tuesday. The demand is set in stone.
We'll see tomorrow, but Friday afternoon is all that matters
GL
2017-2018 Bull fckery
2019-2021 Bear fckery
Deal with it :)
Split or no split were going up. Demand growing, sell volume drying up as expected today, getting closer to showtime :)
When bears start to trust the CEO, you know you're close to something special
Guaranteed there would be many clauses this time around
The Company is now attractive enough in this climate to raise capital with larger investors. We even have support down here after the split was announced LOL. Time to send beam them up quick to close the spin-off off and get product to the market. I kinda expect a conditional offering to come out soon if this is the case.
We're good here mane.
Some are blind to the outcome at this time. It'll hit them in the face soon enough
Keep living in the past
We'll see next week
Panic selling is over, demand is huge below.
The company has many catalysts that can be used. We'll see
End of the day the laws of supply and demand win and we are not able to close down at 0001 by weeks end thats for damn sure.
GL
And the PR couldn't shake out the demand.
Now what? LOL
Your destruction can is toast
As do you and Agent Skully.
For now LOL
GL
I really couldn't be any more clear.
We're going UP
And your destruction can is about to implode big time
Naw he's just understandably emotional with the split news. You have to learn to disconnect that side real fast when trading to see the real picture
All longs will be talking that 'expert' swag again real soon.
Selling is done, dont ever say i never told ya what was coming. That destruction can on its last days
GL
No convincing needed, after the split news there is little doubt the fringe players all bought hard into your standard LOL destruction chirps.
I do me.
Just letting you know so when I throw up the scoreboard shortly there is no grey area
GL
I'll consider your financial advice once youre no longer down over 100% on your call here.
All that demand isn't helping your cause and nothing left to shake it either LOL
Odd that can of destruction keeps bouncing back up for some reason on the news, tryna give you a subtle hint
GL
Game over? The Game just started over a month ago and about to ramp up into a new realm
Keep kicking that destruction can into massive demand :) Your can going nowhere Bro! LOL
Did you sell?
We're good. The stock just ripped back to the area of greatest demand on the worst possible news and what happened? We held easily, with tons of demand to spare. No amount of bad news is gonna soak up all that chit this week and the selling is done.
The 1-2 destruction crew might be about to get their asses handed to them. Pronto.
GL
Sure George. LOL
Selling is basically done
Panic selling just about done? :)
Naw I think we see a post split offering sent out soon. With a major condition.
Just a feeling
It's only Monday. Too early to say where we split
Have a feeling a conditional share offering is coming shortly
Nearly 700M still lining up to buy 1s when a RS is 4 trading days away.
Nothing to spin when there is still demand. Period
So COVID delayed RNVAs CMS inspection but a political community group thinks are going to get expedited approval without satisfying CMS requirements?
CMS seems to be the issue holding up Jamestown
Was thinking the same thing this weekend, but an 8K like that is one of those things i need to see to believe.
If they are going to run it end of week, that would certainly help and would certainly be a nice gesture to commons who have held thru the menstruation period
https://gifer.com/en/2LbF
This was Friday morning for most of us here.
Some sold Friday, some simmered over the w/e and I assumed some would be selling still this AM once the PC was fixed LOL
Got get rid of the over the weekend towel throwers this morning then we'll see what they want to do with the stock
Kinda looking forward to see what happens at the end of the week here. Not gonna lie.
GLTA
I expect little movement to start the week, but if the are going to target a higher split price then end of the week could be interesting
GL
Agreed
Only thing lower then the share price is Georgies prediction batting average