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$RNVA 0088 shorts about to lose they're ass

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Mean Weimaraner   Thursday, 02/15/18 01:45:37 PM
Re: Mean Weimaraner post# 967
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$RNVA 0088 shorts about to lose they're ass if noteholders arent willing to lose money covering them. heres why: rnva par value .01

The par value mandate creates a subsequent legal liability that the shareholders of this stock contribute, at a minimum, this face value of the stock in order to fund the company. If the shareholders don't do so and the corporation requires the funds, these shareholders would be liable for the difference between the actual issue price and the face value, if the issue price is less than the face value, essentially “under par.”

roughly 40m+ short under 01 in the last few days, noteholders arent in the business of losing 30-40% on theyre investment. you do the math

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