THE PRE 14A. Basically, that is AN INTRODUCTION, A PRESENTATION, more likely the state of being INTRODUCED FOR FURTHER DISCUSSION.
1 - RNVA filings show they did an R/S on October 2017. From my point of view, it's highly they would get approved for another R/S because is too soon.
2 - Make no mistake: They filed A PRE 14A this is for presentation introduced for further notice. The actual form they need to file is DEF 14A WHICH IS INDICATE THEY'RE ACTUALLY MOVING FORWARD WITH R/S.
Then they will need the shareholder vote and file the form (14 A that requires a vote. If the vote is approved then the company will have to submit to FINRA FOR FINAL APPROVAL. AFTER THAT THEY MUST ANNOUNCE THE EFFECTIVE DATE R/S.
3 - Keep in mind that FINRA could up to 90 days to process.
4 - There is nothing to concern or panic. Even the shareholder's approval the FINRA WILL REJECT because they have way too many r/s too soon.
1 - RNVA filings show they did an R/S on October 2017. From my point of view, it's highly they would get approved for another R/S because is too soon.
2 - Make no mistake: They filed A PRE 14A this is for presentation introduced for further notice. The actual form they need to file is DEF 14A WHICH IS INDICATE THEY'RE ACTUALLY MOVING FORWARD WITH R/S.
Then they will need the shareholder vote and file the form (14 A that requires a vote. If the vote is approved then the company will have to submit to FINRA FOR FINAL APPROVAL. AFTER THAT THEY MUST ANNOUNCE THE EFFECTIVE DATE R/S.
3 - Keep in mind that FINRA could up to 90 days to process.
4 - There is nothing to concern or panic. Even the shareholder's approval the FINRA WILL REJECT because they have way too many r/s too soon.
