$RNVA MUST READ! CREDIT Powerbattles: THEY MIGHT
Post# of 895
PEOPLE NEED TO COMBINE THE LOGIC AND COMMONSENSE TO MAKE THE INTELLIGENT CALL. THINK ABOUT ALL THESE TRANSACTIONS HAVE OCCURRED RIGHT IN FRONT OF YOUR EYES.
1 - WHY THEY ISSUE PRE 14 A 3 TIMES? IF THEY ARE SERIOUS AND DESPERATE ABOUT THE R/S WHY BOTHER TO DO THIS? THEY DO THIS TO DELAY TOXIC NOTE ISSUE.
2 - WHY ASKING FOR BOTH A/S INCREASE AND R/S? THEY DO NOT NEED BOTH. YA NEED TO READ WORD BY WORDS ARE VERY IMPORTANT...
"The agreements under which many of the convertible debt and preferred stock securities were issued require the company to seek an increase in the number of authorized shares of common stock to accommodate all of the possible issuances, noted Mr. Lagan."
THEY ARE PLAYING BY THE RULE THE KEY WORD HERE IS REQUIRE (REQUIRE) BY TOXIC NOTE HOLDER.
3 - WHY THE LENDER AGREED TO RESTRUCTURE THE DEBT UNTIL SEPT 2019?
THAT IS BECAUSE THEY HAVE NO OTHER CHOICE. DURING THE IPO THEY RAISE THE MONEY ISSUE PREFERRED SHARE TO THE LENDER AT THE RATE 1 PREFERRED SHARE CAN CONVERT TO 11,111 COMMON SHARES NO LOWER THAN .09 CENTS. IF THE R/S IS OCCUR THEN NOTHING IS STOP THE DILUTION. KEEP IN MIND THEY HAVE PAID OFF A LOT OF DEBT. ONLY SMALL FACTION REMAIN.
4 - WHY VOTE YES AND THEN ATTACK WITH THE OPTION FOR THE BOARD TO ISSUE DATE OR CANCEL BY MARCH 2019? DANM IF THEY DESPERATE R/S THEN WHY BOTHER TO ATTACK THIS FOR THE INSURANCE?
5 - WHY THE CEO WANT TO CLOSE THE HOSPITAL DEAL ON MAY 1 AND MEETING ON MAY 2.
THEY ARE RUSHING TO CLOSE THE DEAL IS BECAUSE THEY DO NOT ALLOW THE LENDER MAKE PRESSURE ON THEM. PLUS IF THEY CLOSE ON THE HOSPITAL THEY GUARANTEE IN A BETTER POSITION TO RENEGOTIATION RESTRUCTURE THE OLD DEBT.
5 - APRIL 13 2018 NEW RULE REGULATION ARE ELIMINATING THE ABILITY OF MM TO CLEAR NOTES. THE ANNOUNCEMENT TO SEEKING MORE VOTE IS JUST THE WAY THEY SUGAR COAT TO MEET ALL THE REQUIRE BY THE BOOK. THEY WILL DO THE RESTRUCTURE AGAIN. THIS WILL BE ANOTHER CATALYST TO BOOTH UP THE PPS.
REST ASSURE THERE WILL NO R/S. IMHO.
FOLKS!!! LET'S THINK BEYOND THE NORN. YOU WILL NOT REAP THE REWARD IF YOU ONLY SEE ONE TREE IN FRONT OF YOU.