RenovaCare, Inc. (RCAR)

[tdeck]

TIMBERRRRRRRR I warned ya......

RenovaCare: First The Promos, Now The Registration

Summary

Now that the stock has risen on the heels of a promotional campaign, RenovaCare has registered to allow the sale of 4.4 million shares.

The CEO and the majority shareholder plan to sell the bulk of the stock. However, RenovaCare itself will not receive proceeds from the sale.

The 10 selling stockholders, at the recent stock price, would receive about $33 million. This windfall is courtesy of a company that paid $400K for its sole, unproven, non-FDA-approved product.

Rather than releasing a distracting statement against TheStreetSweeper's probe, RenovaCare would better serve its investors by displaying the insider selling plan in a public format such as Yahoo, Seeking Alpha, etc.

RenovaCare (OTCQB:RCAR) just issued a press release basically telling shareholders not to worry their pretty little heads over TheStreetSweeper’s ongoing probe into RenovaCare issues.



A fraud from creepy shady criminalistic people with a long history of such activity always Google the backgrounds of the people you are investing your hard earned money in. Back to .0001 for this dog and pony show.