Market makers would already have a contract with Sabby to purchase discounted shares once they have cleared. It’s a no risk transaction to them which means they naked short the stock. Look at the spreads. It’s a pretty obvious giveaway.
In reality this is not a transaction between RNVA and market makers. It’s a purchase between market makers and Sabby.
I don’t think any IB is involved. It’s just not the kind of garbage they would get involved with. Most likely it’s a venture capitalist which is probably who the retail exit buyer is. That way market makers are assured getting paid out and the new lender simply buys up shares in the retail market as part of the new financing
Lagan posts the old reverse split news with a word change to it since that actually should have been in the original. As I said before. He does not need retail shareholders and will eliminate them almost completely in the pending reverse split. I think he will give a hard date on a spinoff but not do the spinoff until after the RS
News 
Market Data 
Discover 
