InvestorsHub Logo
icon url

zomoney

08/01/18 1:40 AM

#61980 RE: Bidsmaker1 #61978

Thanks for that much appreciated! Yea I’m beginning to see it has a long hold also but even at that there’s not many stocks you’ll find with the potential of spending $1k for 100k shares and turn it into $100k. It’s definitely worth the risk imo
icon url

eeprincipal

08/01/18 2:07 AM

#61984 RE: Bidsmaker1 #61978

Hmm.. Not sure if I agree with your thought process.

What if Seamus doesn't effect an A/S increase followed by eventual R/S as soon as you anticipate? What if he is securing future cheaper money to help grow the company which could have a longer view term, 2-3+ years, which would be ideal and could utilize a portion of future 7B AS. So consider a cheaper longer conversion due date term money, unlike SABBY, years in the future. Now perform a timely RS when pps is at .02 to .03+ to up list, when ready.

If I am correct expect to very soon see naked shorting until the upcoming shareholder vote results which Seamus Lagan has already very publicly informed MMs that he controls the shareholders vote results for AS increase to 10 billion and RS. Sort of interesting that he would use this time frame to announce his intention to do a RS but that's another chapter. Do I believe RNVA is a sound investment despite all the twists and turns?