Replies to post #955 on Retrieve Medical Holdings Inc. (RMHI)

[splintered sunlight]

That's why I sold on the last spike.

You nailed it.

[Zardiw]

Why Retrieve Medical Holdings $RMHI is a POS:

Originally, they filed 17 SEC filings and got current with Edgar/SEC

That brought a lot of attention to the stock.

Neil Reithinger (head of Eventus Advisory Group) seemed like a professional CEO.

The stock ran to a high of .2190 on 2-1-23.

OS at that time was 30M or so.

We were waiting for a merger announcement of some kind.

Then, out of the blue they did a 1-200 Reverse Split.

The stock immediately crashed.

What they did is Kill all the Shareholders in one blow.

The OS after the RS was 150,000.

It was unbelievable.....

We knew they would have to issue more shares to sell, which is what they did.

They issued 19M new shares.

And now they're dumping them on unsuspecting investors.

Since the stock price after the RS was about $6 (.03 x 200) that gives them a market cap of $114M (pretty nuts for a shell...lol)

They also filed a Form 15 which made them non-reporting with the SEC (convenient isn't it?).

So now they're not current with the SEC anymore.... Their reputation is now shit.

And fwiw, the current stock price ($2.50) adjusted from before the RS is: .0125 ...a 90% drop from .20

Also, the reputation of Neil Reithinger (head of Eventus Advisory Group) is now garbage.

OH....and currently they've probably hired an investment firm that is selling this crap to their clients. And also pseudo trading the stock in 1 share trades.....lol

Z