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[QUOTE]Originally posted by BooDog: [QB] Will, my compliments on putting this info together so well. All you info is well thought out. I know my analysis is short but here it is. StockTA.com analysis http://www.stockta.com/cgi-bin/analysis.pl?symb=RNVO&num1=3&cobrand=&mode=stock http://biz.yahoo.com/e/061114/rnvo.ob10qsb.html Over the next twelve months we believe that existing capital and anticipated funds from operations will not be sufficient to sustain operations and planned expansion. As a result, we will be required to seek additional capital in the future to fund our operations through additional equity or debt financing or credit facilities. No assurance can be made that such financing would be available, and if available it may take either the form of debt or equity. In either case, the financing could have a negative impact on our financial condition and our Stockholders. I’m thinking dilution is very likely at this point but if the shell gets the right contestant for a r/m then it would do well IMO with speculation popping it back around .005 If the down trend continues for a couple more days or a couple weeks with the low volumes it should provide an opportunity to get in lower. Volumes seem low enough that it should dip back down. Recent volume increase would doubt this could happen and is only my guess from my evaluation. Resistance looks so heavy and with the filing they just posted I wouldn’t expect more than .002 for some time. Setting a swing for .0006 to .0012 looks like an easy play. Much patients needed though. I’m hyper so these long waits would drive me crazy, but Will has shown me they work. [/QB][/QUOTE]
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