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Friday, March 02, 2018 8:51:24 AM
https://ih.advfn.com/p.php?pid=nmona&article=76849082&symbol=RNVA
LET'S TAKE A GOOD LOOK AND DO NOT GET CARRY AWAY IS BECAUSE THIS IS THE REVISED WHICH WE ARE WELL AWARE
Let's make sure we are fully know how to deal with THE PRE 14A
THE PRE 14A. Basically, that is AN INTRODUCTION, A PRESENTATION, more likely the state of being INTRODUCED FOR FURTHER DISCUSSION.
1 - RNVA filings show they did an R/S on October 2017. From my point of view, it's highly they would get approved for another R/S because is too soon.
2 - Make no mistake: They filed A PRE 14A this is for presentation introduced for further notice. The actual form they need to file is DEF 14A WHICH IS INDICATE THEY'RE ACTUALLY MOVING FORWARD WITH R/S.
Then they will need the shareholder vote and file the form (14 A that requires a vote. If the vote is approved then the company will have to submit to FINRA FOR FINAL APPROVAL. AFTER THAT THEY MUST ANNOUNCE THE EFFECTIVE DATE R/S.
3 - Keep in mind that FINRA could up to 90 days to process.
4 - There is nothing to concern or panic. Even the shareholder's approval the FINRA WILL REJECT because they have way too many r/s too soon.
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