Seamus Lagan pushing the stock price down is INTENTIONAL
He is doing this by design. He has no intention through his actions to build shareholders value
If you really look carefully at his actions taken a picture emerges that defines his game plan.
The bottom line is that as soon as shareholders cash is no longer needed he will reverse split shareholders equity to zero.
Look at his previous actions.
He used multiple reverse splits driving price per share into the gutter knowing it would get RNVA kicked off NASDAQ
He positioned himself as a consultant and sole manager of a company to be able to pay himself in stock while simultaneously being the RNVA CEO. After multiple reverse splits were enacted by himself and his BOD the PPS became so low that he converted shares he paid to his consultant company sole manager (himself) to have majority control over ALL ASPECTS of RNVA business. To keep investors buying shares during all this he promised to spinoff free shares of the lab work companies to loyal shareholders. Keep in mind that during this time frame as a consultant he did not forego his hefty CEO salary. Note also that to accomplish this move he drove the company to pink sheets where there is almost zero regulatory controls. This was by design and not by happenstance. Then if any shareholders should believe that they will ever benefit from the new revenue streams generated from the two hospitals, new CT scanner, additional physician private practice, newly hired general surgeon all paid for by loyal shareholders and now yet another hospital acquisition then all the shareholders need to consider are the last 1/500 reverse split then the pending 1/10,000 reverse split. Also note the 1/500 reverse split left in place the 10 billion authorized share structure. So now the PPS is headed again to trips after first reducing every shareholders holdings by a reverse multiplyer of 500
Some shareholders may have noticed that an incentive plan gave insiders huge quantities of shares after one of the many reverse splits. Just in case anyone wonders that particular reverse split used a backdated 8k to gain majority control to pass the vote which shareholders overwhelmingly VOTED DOWN.
So now the stage is almost set. Another hospital acquisition using shareholders money ( why not, shareholders were stupid enough the first several reverse splits to give away their money so why not do it again) the spin off carrot still dangling out their will entice new buying and then once the acquisition is completed and paid for by shareholders capital the 1/10,000 reverse split wipes out all remaining shareholders
AI
