Biostax Corp (BTAX)

[noreen]

no it is the same thing.

No. "Dump and Pump", which IMUN is, and "Dump and Dilute" scheme, which RNVA is, are NOT the "same thing". They are different types of schemes and have different purposes. "Dump and Dilute" means the company issues stock for no reason and EXCESSIVELY (OVERLY) dilutes shareholders. "Dump and Pump" means they demote the stock for the objective of buying valuable stock at an undervalued price. RNVA, from my limited knowledge, has no value. It is a money losing business with no clear direction on how they will eventually become profitable. I don't know much about it, but that's my understanding and I certainly could be wrong.

IMUN has never had a reverse split since operations started when they acquired the shell in 2012.

RNVA split history:
11/03/2015 1 for 10
02/23/2017 1 for 30
10/06/2017 1 for 15

From RNVA Q2 report of 2017,

As of August 3, 2017, the registrant had 15,926,247 shares of its Common Stock, $0.01 par value, outstanding.

And RNVA currently: 4,042,940,480 shares outstanding as of 10/15/18. Keep in mind that is with the 1 for 15 reverse split on 10/6/2017, which was after the Q2 report of 2017. So those 4 billion shares are really like 60 billion shares in August of 2017.

So basically in one year, they went from 15.9 million shares outstanding to 60 billion outstanding. NOW THAT IS A "DUMP AND DILUTE" SCHEME.

Want another "Dump and Dilute"? Check out DCTH. You'll see the same ridiculousness.

IMUN on the other hand - certainly NOT a "Dump and Dilute" scheme:

IMUN O/S as of 9/28/18 is 415,660,942 shares.

From my sticky note...

O/S as of November 14, 2017 = 383,532,473

O/S as of November 14, 2016 = 241,128,131

Past 10 months, we've barely gone up.

There is a clear difference between "dump and Pump" and "Dump and Dilute" scheme, and IMUN and RNVA are not in the same boat.