I can't respond to private messages. Bring questions to the board.
As for what's going on with RNVA only group of people knows. Company insiders & funders.
Yes it looks like the company has raised at least $3 mil cash. Since the type of funding does not reveal any numbers other then total cash out it's impossible to understand what's happening. But I did notice at 2:45/50 PM today 40 mil was sold @ .005, after a 10 day walk down to that area. It's possible the round figures may be the point of the manipulation down ends. And diluters start selling as price rises again.
To be completely honest this play is one which I have broken almost every rule in my trading book. I still hold shares and am a BAGHOLDER for the first time in maybe 10 years. LOL
So when it comes to RNVA I'd say, what ever I say is based on some crazy opinion rather then experienced knowledge.
I just feel the price gap down with the walkdown after, is NOT a function of the companies ability to succeed at their business plan. It's completely based on what shady deals management had to do to secure the cash funding they feel was needed.
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