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Why are all of you still taking of hope of a turn around here.
This is a legal robbery of all who are dumb enough to buy shares.
Seamus the Irish snake oil salesman has sold us all....
yes this is stealing money legally for sure.
I am down $2500 to just $17. I could sell and less commisions I would get $7 or just. What is the diffrence between 0 and $7. Maybe something will change
This stuff stock unfortunately will never go up. They are going to pull the exact same things as last time. Bring our billions of shares which the retail buyer buys up pays for the 3rd hospital. Then R/S again leaving all shareholders with nothing. Any revenues they are making barely pays for the 2 hospitals they have now.
It’s clear as day what will happen next. The 2nd reverse split is already waiting.
I bought in and believed and got scammed like everyone else did.
A few here think that this going to rip. He is going to slowly bring out more and more shares to make the price look low.he brought out more today the day of his scam interviews where is asked what they have predetermined. More people will buy them to pay for the next hospital. Then he will R/S the billions of shares to bring the float back down. It’s sll advertised already in the filings so therefore legal. Don’t buy another share please.
I wish, oh I wish so...
But its not going to happen. Based on what do you think that it will reach these share prices.
Would love that and am waiting while trapped. But with a second R/S pending and that at 1:10000 which is a ridiculously high number no one is going to be touching this stock. I will hold though because what’s the difference between being 98% down and 100% down. Just the last $95 for me.
Why don’t we all write this person and give them our 2 cents worth regarding their practices used.
We can even guess Seamus’s email address form this one ssainsbury@rennovahealth.com
It’s probably slagan@rennovahealth.com
Thanks Bidsmaker, this sums it up completely.
I stuck $2500 in this company and wont be seeing that back any time soon or ever...
Now that a 3rd shospital has been planned for purchase he will bring out another 15 billion shares or more.
Then split those 1:10.000 after the purchase.
We the fools are paying for these hospitals with no reward.
I believed in the story for the turn around with the 2 new hospitals and his bogus podcast as well.
I bought in 6 times under .01 the last time at .0001 for good measure.
Dont know why I did with these R/S advertised as pending.
Now the biggest R/S still has to happen do the share price will never go up.
This could be a catalyst for this thing to run, as long as they don't dilute with another billion shares.
I also thouhgt this should follow the share price of Aurora and Aphrie...but it did not in the same amount of time these last 2 years so therfore it just wont be?
I also bought in thinking I have $10 dollar stock in hand. Somehow this one doesnt want to fly..amd ti probaly never will either.
I mean why is Tilray at 100+ and canopy with way more cash on hand not?
You have to go where the momentum is and this one does not have any....? Just like Tilray is the play and Canopy is not.....?
Now that they bought a communication company maybe they will press release the crap out of it to get it to at least 5?
with 15mil O/S this is now a low float stock.
With some good press releases futher earnigs outlook etc this could run like hell.
Hopefull they save that second R/S for next year?
But what they will do is bring our another billions of shares have the next crop of fools buy it up at .000? then R/S 1:10.000 and then teh stcok could go up we in at this point in time are out of our funds.
How much were your 10M shares worth.
Thanks for your help. Therefore this needs to run to .72c for me to gain back my 2500.
I need Math help. I own 1.751.245 shares at avg price of .0014 total value $2516.
Where does the share price have to go to for me to break even.
Perhaps 500 times higher then .0014? So .72 cents
So this is the end of our money invested I guess. Tomorrow our shares are slashed by 500. Meaning the stock would have to return to like $5 to break even which it will never do.
There will be a 15mil float. But then they will bring out billions more shares. the price will drop back to .0001 and then slash those shares by 10000-1. Its all been reported in the SEC filing in advance so there is nothing illegal about it.
We have paid for our depts and will get nothing back for it.
Is this correct?
I have bought in 6 times now at .01 and lower my last purchase was at .0001 since I was already committed why not buy shares at this very low price.
I believed in the run around story and The Interviews by Seamus on stockday. That it would be slow turnaround story and not a get rich quick plan. He said that hospital eat money and that this will take time to become profitable.
I bought in based its low price and real profits and turn around coming. I checked out that they really bought these hospitals. I really thought I had a penny stock here with a real revenues behind it.
What I didn’t expet was the massive dumping of shares surprising the stock this far down and now 2 R/S mentioned. Now I don’t know if there ever will be a run. Although I am thinking a small but very small run will be possible. But when they announced there preliminary revenues nothing happened to the price. Why would there be a change when they actually file it?
With billions of shares outstanding I am afraid we are all stuck down here and might be R/S out of our positions all together.
Bought 1M and 500.000 shares with 2 different brokers at .0001. It got filled instantly.
I cost average 1 position and 1 was new. It either goes up from here or I loose it all?
Even if goes back up .006 its still a nice profit.
There should be a small POP once the results are officially filed and a spin off is announced.
I dont think they will R/S split this at these levels?
I just wouldnt be looking for more than .01c.
If you can get out with profit or break even just do that...
If you bought this low then a profit should be possible?
There should be a small POP once the results are officially filed and a spin off is announced.
I dont think they will R/S split this at these levels?
I just wouldnt be looking for more than .01c.
If you can get out with profit or break even just do that...
If you bought this low then a profit should be possible?
Thank you for this detailed explanation.
Not sure if I follow it all but at least its good info and much better then most random blurbs posted here.
All I want to know or are hoping for is that the retail investor has a chance to get out and make some profit from these levels?
I personaly have an average buy in of .003. Will the share price be over more then this before they R/S it into oblivion?
Thanks George. Can you explain more how you come to these share prices.
I am afraid your probably right. I have $2400 in at .003 average price. I dont think it will ever exceed that price again.
They have already publically posted their results before they actaully file them. It did nothing to the share price.
If you have never bought shares in this company before then why not risk a little bit of money for the potential upside.
If you have bouhgt in several times like myself your now clinching you but cheeks hoping that the share price will return back to where I bought in and refuse to increase my exposure.
That would be my explanation on why people are buying...
where do you see this .10c price target?
The stock did not move on the preliminairy finacial report why would it once they file it?
There so many A/S it would need a monster volume to make it go up. A valume of nearly 500M shares in a day was not enough.
Sorry for my lack of knowledge. What should this figure let us know.
That is because there are 16 billion shares.
It will have to take massive amount of volume in upward direction for this thing to move.
I think this is the most realistic expectation. .01c or a little more is all that is in this thing. I will be exiting if and when it happens
Thanks for your repsonses . Yes I bought this one because its still low very low compared to Aphria, Aurora and Canopy.
Would anyone still buy in at their current levels?
It does seem like this company could fly and I have bought shares because it is still one of the smaller compnaies that have not skyrocketed yet.
But you also have to ask why? All these companies you highlighted have skyrocketed Why has Hexo gone from $2 to $8 and they have not.
None the less that is why bought them...
I agree that this looks like a pretty future picture and that is why I bought in 5 times under .01.
But the share price is not rising and when you have dumped billion of shares onto the market you would need a massive amount of volume in the upwards direction to make this move.
I hope to be out with profit before those R/S hit. I no longer see this as a long term hold.
Who ever these OTC experts are I hope they are right. I am ready to get out as soon as I am in profit if I will ever be. My break even is just .003. Should be possible?
No longer counting on a home run here.
where can you see out of the total volume how many sellers vs buyers there are?
The OTC is unregulated and you can get away with anything vs being a listed company on the major exchanges.
You can do what you want..fake news, Use Uptick to pretend somebody is interviewing you...
The sinister plan is to crush and elliminate all Common shares holders then with the preferred shares clean up!
Why are you posting very old news. They bought this first hospital over a year ago then bought a larger 85 bed and more viabale hospital which was not bankrupt. Still the stock is at .0003 and since just a few weeks ago have diluted the sahres by the billions and announced 2 R/S.
I also once believed..but no longer do and I believe a sinister plan is at play here that you can only play on the OTC.
It does seem like a bargain and I have bought in 5 time under .01c but with the dilution of 16B shares and 2 impending R/S I will thank my lucky stars if I get mu money out. My average costs are only .003 but am afraid that this stock will never reach that before its split into oblivion...
where are you finding this? They have not reported yet?
it could be that they are trying to scare everyone into selling their shares insiders are buying millions of shares then they make it spike with news they have in hand. fake or otherwise.
Then it spikes they sell their shares make a killing then they can always R/S at one point before Sept next year.