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Nice of peeps to point out that indeed another few million shares were absorbed today. If this company pulls of this turn around completely those few million could be worth some decent change down the road :) For a ticker with supposedly no hope according to some and no bid...it keeps finding buyers to stash away shares. Hopefully the company joins in on the accumulation...or have they already?
imho
mj
AirFi with another test partner. FFLYA mentioned in the write up.
VietJet signs on for AirFi LEO trial
23 FEBRUARY 2024 BY SETH MILLER LEAVE A COMMENT
AirFi has added another customer for its lightweight LEO connectivity offering in Asia. The company inked a deal with VietJet to trial its inflight internet service on two aircraft, announced at the Singapore Air Show.
Today is very special for me because one of the biggest airlines in Asia has agreed to our trial proposition to bring connectivity not only to VietJet, but also all the Vietnamese passengers. – Martijn Moret, AirFi co-Founder and Board Member
The agreement calls for a couple aircraft in the VietJet fleet to be fitted, allowing the airline to test the connectivity solution and its impact on crew and passenger experience in flight.VietJet currently operates 79 A320-family planes, as well as seven A330s.
The AirFi solution is supported by a modem and window-mount antenna sourced from SKYTRAC, which also participated in the signing ceremony in Singapore. SKYTRAC’s President Malachi Nordine called attention to the quick installation available for the window-mount antenna, which can be installed “overnight, in a matter of hours, a significant differentiator and value add for airlines.”
The antenna, modem, and on-board access point that make up the AirFi LEO solution
The antenna, modem, and on-board access point that make up the AirFi LEO solution
Additional services on the horizon
Payments processing remains the most compelling use case of the AirFi LEO system. CEO Job Heimerikx remains confident that the reduction in payment failures alone can cover an airline’s implementation costs. On top of that the lightweight messaging services – either paid or free to passengers – work without an extra application layer on the phone. That opens a range of revenue or passenger experience opportunities.
But AirFi is not stopping there. During a recent visit at the company’s headquarters Heimerikx disclosed the company is now working on an email option as well.
The company says it is focused on webmail rather than a full application experience. It will almost certainly not be able to support every webmail solution on the market. But getting Gmail and Office365 sorted could be enough to satisfy a sufficiently large customer base to be worth the effort.
Exactly how this will work remains unclear, and similar concerns have been raised with respect to fflya‘s similar claimed implementations. Neither has provided further details on how they are handling the authentication, data security, and content filtering necessary to deliver the more robust messaging services on a lightweight link, though both clearly have a plan they’re executing.
https://paxex.aero/vietjet-signs-on-for-airfi-leo-trial/
imho
mj
$RNVA Certainly zero stress over here :) Put in what you can afford to lose and hope that this company which does great things for people is able to succeed. It's pretty mind boggling that people whether paid or not would spend years negatively posting on the message board of a company that is supposedly of no significance to them...especially one that has services that every day people need in their communities but I guess to each their own. Financials here for the past 6 Q's or so have shown a company go from struggling greatly, to turning a corner and now likely rounding that corner in full and hitting the next straight away with a wind at their backs. The communities they serve need these hospitals up and running. Now throw in a profitable 2023, a 2024 with interest expense savings of $1.5M and an effort by the local gov't in Tenn to aid in the rural industry and it seems we certainly don't have much to be stressed about. It seems we have at least a fair shake with this one. IF the 2024 share price doesn't reflect the turnaround for one reason or another..I will be here for 2025 WITH BELLS ON!
imho
mj
$RNVA GOOOOOD AFTERNOON! Here's a riddle for you all. Here's a look at the last 65 days or so...We know the majority of this volume has been at the .0001 ask. Who would be buying this many shares on a .0001 ticker with no bid or with no future because of the past as some say?
Tick Tick?
DATE OPEN HIGH LOW CLOSE VOLUME
02/26/24 0.0001 0.0001 0.00 0.0001 39.73 M
02/23/24 0.00 0.0001 0.00 0.00 2.80 M
02/22/24 0.00 0.0001 0.00 0.00 4.50 M
02/21/24 0.0001 0.0001 0.00 0.0001 85.97 M
02/20/24 0.0001 0.0001 0.00 0.0001 12.83 M
02/16/24 0.0001 0.0001 0.00 0.0001 12.49 M
02/15/24 0.0001 0.0001 0.00 0.00 27.11 M
02/14/24 0.0001 0.0001 0.00 0.00 99.30 M
02/13/24 0.0001 0.0001 0.00 0.00 49.43 M
02/12/24 0.0001 0.0001 0.00 0.00 16.03 M
02/09/24 0.0001 0.0001 0.00 0.0001 138.84 M
02/08/24 0.0001 0.0001 0.00 0.0001 208.82 M
02/07/24 0.0001 0.0001 0.00 0.00 57.39 M
02/06/24 0.0001 0.0001 0.00 0.00 115.48 M
02/05/24 0.0001 0.0001 0.00 0.00 7.51 M
02/02/24 0.0001 0.0001 0.00 0.0001 46.12 M
02/01/24 0.0001 0.0001 0.00 0.0001 2.41 M
01/31/24 0.0001 0.0001 0.00 0.0001 11.94 M
01/30/24 0.0001 0.0001 0.0001 0.0001 9.36 M
01/29/24 0.0001 0.0001 0.00 0.0001 282.00 M
01/26/24 0.0001 0.0001 0.00 0.0001 3.92 M
DATE OPEN HIGH LOW CLOSE VOLUME
01/25/24 0.0001 0.0001 0.00 0.0001 13.72 M
01/24/24 0.0001 0.0001 0.00 0.0001 35.93 M
01/23/24 0.0001 0.0001 0.00 0.0001 174.18 M
01/22/24 0.0001 0.0001 0.00 0.00 47.15 M
01/19/24 0.0001 0.0001 0.00 0.0001 176.41 M
01/18/24 0.0001 0.0001 0.00 0.00 19.17 M
01/17/24 0.0001 0.0001 0.00 0.00 255.48 M
01/16/24 0.0001 0.0001 0.00 0.0001 315.86 M
01/12/24 0.0001 0.0001 0.00 0.0001 51.29 M
01/11/24 0.0001 0.0001 0.00 0.0001 8.29 M
01/10/24 0.0001 0.0001 0.00 0.00 15.62 M
01/09/24 0.0001 0.0001 0.00 0.00 237.27 M
01/08/24 0.0001 0.0001 0.00 0.00 16.06 M
01/05/24 0.0001 0.0001 0.00 0.0001 30.99 M
01/04/24 0.0001 0.0002 0.00 0.0001 456.32 M
01/03/24 0.0001 0.0001 0.00 0.00 37.36 M
01/02/24 0.0001 0.0001 0.00 0.0001 249.49 M
12/29/23 0.0001 0.0001 0.00 0.0001 190.55 M
12/28/23 0.0001 0.0001 0.00 0.0001 14.50 M
DATE OPEN HIGH LOW CLOSE VOLUME
12/27/23 0.0001 0.0001 0.0001 0.0001 202.81 M
12/26/23 0.0001 0.0001 0.00 0.0001 51.19 M
12/22/23 0.0001 0.0001 0.00 0.0001 20.56 M
12/21/23 0.0001 0.0001 0.00 0.0001 7.19 M
12/20/23 0.0001 0.0001 0.0001 0.0001 57.86 M
12/19/23 0.0001 0.0001 0.00 0.0001 12.06 M
12/18/23 0.0001 0.0001 0.00 0.0001 12.79 M
12/15/23 0.0001 0.0001 0.00 0.00 15.43 M
12/14/23 0.0001 0.0001 0.00 0.00 3.25 M
12/13/23 0.0001 0.0001 0.00 0.00 3.69 M
12/12/23 0.0001 0.0001 0.00 0.0001 148.95 M
12/11/23 0.0001 0.0001 0.0001 0.0001 81.11 M
12/08/23 0.0001 0.0001 0.0001 0.0001 338.88 M
12/07/23 0.0001 0.0001 0.0001 0.0001 6.24 M
12/06/23 0.0001 0.0001 0.00 0.00 6.20 M
12/05/23 0.0001 0.0001 0.00 0.00 28.18 M
12/04/23 0.0001 0.0001 0.00 0.0001 232.64 M
12/01/23 0.0001 0.0001 0.0001 0.0001 1.58 M
11/30/23 0.0001 0.0001 0.00 0.00 35.23 M
11/29/23 0.00 0.0001 0.00 0.0001 15.98 M
$RNVA great volume today
imho
mj
No one claiming the 50M swipe today? Could the co be reclaiming blocks on the cheap? They could have been buying Q4 and Q1 and we still wouldn't know about it for another month or 2. I don't know if they would do that or not given the possibility of the big dog converting warrants down the road. Hmm. Either way someone felt the need to collect a 50m block today whether it be a basher, short cover, long or the company..lol. Odds are though we are getting closer to some kind of update for the next steps in 2024. Tick, Tick?
imho
mj
$RNVA Top of the morning to all. Another day closer. How many shares get taken from the ask today? I may be once again in the market for a couple million more myself :)
imho
mj
I'm with you on this 100%. I'm not even sure what my reaction would be to see .25 here without a R/S. I still feel they could use even a moderate buyback to take half of the shares off of the market to make .10 or .25 that much more possible down the road. I wonder if we will hear from Lagan before the actual K/Q releases. I like that we could see a random update on a good few options at any time. I can't help but be excited for 2024 here. Whether the breakout from .0001 happens now or not...2023 will continue to show the dramatic turnout for this company. Lagan very easily could have just folded up shop and called it a day. Instead he dug in and continues to make things happen. He is certainly tenacious if nothing else. I don't know when the rest of the market will look at whats actually happening here now instead of looking at the past but I certainly look forward to that day. I think so many were badly bitten in the past here...most only view this company as a dilution machine. Getting caught up in 3 or 5 R/S's would be highly discouraging..however some of the responsibility has to lie with the traders that bought into a penny stock company that was obviously more than struggling. They literally held on by a thread. Without that dilution it would have been a wrap for RNVA. Time of crises often lead to the best opportunities. As it sits now we might just be looking at one of those opportunities. I'm sure more than a few lives would be changed for the better if we were to see a .005-.01 run here. And it all happens around a company that is actually doing good for people and the communities in which they serve. RNVA and ICU are two of my largest holdings for 2024. Love the missions of both.
imho
mj
Looks like all revenues are still just recievables? Seems like not much has changed whether audited or not? Still just watching.
imho
mj
Super early good morning in RNVA land. Here's to another week of company profits and another week of shares being taken from the ask. IF there actually are some out there...What happens to naked shorts if they decide to distribute the tiniest amount of profits in the form of a dividend? I know highly unlikely..but just hypothetically speaking...
Imho
Holy Mackaral what a great morning and afternoon over here. Best of luck to all involved this week.
imho
mj
LOL I hope you made ur $1.25 for this reply to you...we are all gonna get some money here I guess...win/win...;)
imho
mj
I believe the current avg for past 65 days is roughly $7,000 in dollar vol per day give or take? :)
imho
mj
$RNVA Top of the Morning to all !!! It appears the software co has demonstrated one way to address common shares on the market. I wonder could RNVA use a similar approach? Lets see some shares converted to preferreds and then a year or 2 restriction on conversion of those...if that can be a thing? We are now approaching the end of FEB. This means we are less than 2 full months away from seeing the final tally on what appears to be the best year this company has had finacially in years and maybe ever? This may or may not be the trigger that breaks the price from .0001 for good...if it is great...if it isn't we are on the right track to seeing the break out down the road. For this kind of opportunity I am willing to wait another year or 2 if it takes that long. It will be interesting to see or hear the next update from management. Last year we got a podcast around this time as the numbers were likely known but not finalized. Maybe we get something like that soon here. I'm ready to hear the plan of attack for 2024. I love all of the bull/bear discussion on this board recently. It all comes together to increase visibility and engagement in the stock which is one of the ingredients that will eventually help move the price up from the basement. Just like celebs on social appreciate all conversation/comments both good and bad as it all comes together to boost their engagment and in the end their value.
Lets see how many more shares are taken from the ask today.
imho
mj
It looks like an update coming next week. Let's see what we get.
imho
mj
$RNVA Top of the morning to all! Lets see how many shares are taken off of the ask yet again today!
imho
mj
Nice nice... .029 here still havent sold one unit.
Imho
65 Day avg volume here is roughly 76,000,000 shares with the greater majority going off at .0001. I would say that is pretty solid for a company with 40B O/S and no bid. Granted some could be sellers that have lost patience...but certainly no one is actively flipping buying and selling .0001s. I have to assume a good number of these shares are being accumulated. I am in hopes that the company has been taking out some of these shares quietly. And they still have time before any of that has to be disclosed. It seems either they are buying back some shares or we have some traders/investors collecting a ton of the float on a stock with no bid. Either one is pretty interesting. Of course we'll never know...but it would be great to know how much of the float is in strong hands for when chit really starts to go down here.
Roughly 4.8B shares have been traded since 11/22/23. Most of which while the ticker has had no bid.
imho
mj
Does the interest expense savings begin in Q4 or in 2024?
imho
mj
$RNVA Top of the morning to all...Another day, another week closer. Let's see how many more shares get taken off the ask today.
imho
mj
I can't say post quality is improving..however volume is always a good thing just like for the share price..lol. This one definitely has the attention of some out there. Let's see the next debt restructure shall we...we are ready!
imho
mj
I wonder will the opening of this facility deter Rennova from reopening the Jamestone location? And if they did reopen it could they get the Critical Access Designation with another facility so close by? Or maybe this other facility isn't recognized as an actual hospital? Definitely looking forward to upcoming updates here.
imho
mj
https://www.utmedicalcenter.org/blog-post/university-tennessee-medical-center-opens-emergency-department-jamestown
Board is buzzing again...I am loving this action. Folks putting in that OT here it seems.
imho
mj
Sounds good...one of these times these random predictions on this board will be right..lol
imho
mj
Good afternoon all...great to see this board is just a buzzing. Question for the class. For some to speak so negatively day in and day out on .0001 ticker with no bid...Would that be those still trying to collect cheap shares? Or are we possibly dealing with those that have maybe been short since the NASDAQ days and after the delist that felt that they would never ever have to cover a single share? It appears this co isn't going out of business any time soon. I have a feeling we could eventually see some dizzying volatility here in 2024 if the price starts at all to rebound.
IF the company did start buying some shares back with profits late 2023 or here in 2024...we won't even know it for another 2 months. Keep in mind right now just $1M takes 1/4 of the entire standing off of the ask side :)
imho
mj
Half way through FEB. May soon get a glimpse of whats been locked in and whats to come from now until MAY. Hopefully the team is back at it...crossing T's and Dotting I's. I never thought we'd see prices this low on this stock..but here we are. Still holding high hopes for 2024 and beyond. Starlink hype or not seems to pushing forward. Will be interesting to see what comes of this... https://www.cnbc.com/2024/02/08/hawaiian-airlines-debuts-spacex-starlink-free-inflight-wi-fi-.html
imho
mj
Good evening all...just checking in...nice to see the board lit up..Looks like some are putting in the OT on this one...every post helps... : )
imho
mj
LoL at .000006 decimal spots...is that all you got?
imho
mj
IF they were to reopen Jamestown. Do we know if they can get the CAH cert before opening?...or would the hospital need to be functional for a certain period of time before they could apply?
imho
mj
Morning all... Another day closer. Lets see how many shares get taken off the ask again today.
IF the company has been buying back any shares...They could have been doing so since 4Q last year and they don't even have to disclose any of those actions until the upcoming K/Q :) Hm...never know? As it stands now just $1,000,000 would buy back 1/4 of the current O/S.
Compliance Dates
Domestic companies will be required to comply with the new rules beginning with the first Form 10-Q or 10-K that covers the first full fiscal quarter that begins on or after October 1, 2023. This means that for calendar-year-end companies, disclosures will be first required in the Form 10-K for the year ending December 31, 2023, filed in 2024.
https://www.shearman.com/en/perspectives/2023/05/new-stock-buyback-disclosure-requirements
imho
mj
I've haven't taken a moment to look...been busy..but is the 4th Q...the first quarter where we'll see the interest expense savings??
imho
mj
Half way through FEB. May soon get a glimpse of whats been locked in and whats to come from now until MAY. Hopefully the team is back at it...crossing T's and Dotting I's. I never thought we'd see prices this though on this stock..but here we are. Still holding high hopes for 2024 and beyond. Starlink hype or not seems to pushing forward. Will be interesting to see what comes of this... https://www.cnbc.com/2024/02/08/hawaiian-airlines-debuts-spacex-starlink-free-inflight-wi-fi-.html
imho
mj
Def some kind of hocus pocus going on here...in the last 7 minutes or so I've bought 3m shares 1M at a time...and only one of those trades showed up on e-trade last sale.
And I wonder how many of those 2000% runners had $20M in revenues with a side of profit? Whether it happens tomorrow or not...at some point the rubber will meet the road...i believe thats how that saying goes? lol
imho
mj
Wake up folks..it looks like its time :) Broke out on the chart after hrs.
imho
mj
$RNVA Good Morning All. Another day closer. When the .0001's are gone...they are gone. Whether it be 2024 or 2025. I've been wrong before but it feels like this one is on a path..!?!
imho
mj
Last few times you've made such mention we did see around 200M in volume. Is this the big one lol? If not no biggie..I"ll be here when it happens.
imho
mj
Any news they might have in the kitty..this seems to be the week for them to fire it out there...lol
imho
mj
- Rennova is targeting a 2024 reopening of its Jamestown, Tennessee regional hospital. This hospital previously had revenues of approximately $1.2 to $1.5 million per month.-
https://ih.advfn.com/stock-market/USOTC/rennova-health-pk-RNVA/stock-news/90511925/rennova-health-inc-rnva-named-one-of-the-most-un
imho
mj
$RNVA - He went on to remind Davis that there were still some items to be fixed from previous more difficult days but explained the intention to formulate a plan before year end to duplicate the current model in the Jamestown facility in 2024, and stated that if that was successful it would be possible to leave 2024 with annualized revenues of $50-60 million. He confirmed his belief that this was achievable.-
https://www.rennovahealth.com/news-media/press-releases/detail/338/rennova-health-inc-provides-update-after-filing-2023
imho
mj