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[QUOTE]Originally posted by will: [QB] Let me copy a couple relevent post from the first page: posted November 14, 2006 10:57 -------------------------------------------------------------------------------- Something might be going on ??? O/S : The number of shares of Common Stock, $0.001 par value, outstanding on August 9, 2006, was 485,479,216 shares. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes x [URL=http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename]http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename [/URL] %3D0001077048%252D06%252D000427%252Etxt%26filepath%3D%255C2006%255C08%255C14%255 C&symbol=RNVO 9/6/2006 A 14375000 $23000. Beneficially owned by the President = 259375000. Bought 14375000 on 9/6 for $23K [URL=http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename]http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename [/URL] %3D0001219849%252D06%252D000006%252Etxt%26filepath%3D%255C2006%255C09%255C15%255 C&symbol=RNVO Was seriously looking to R/M. Terminated the agreement because the other company couldn't get its financials in order : [URL=http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename]http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename [/URL] %3D0001077048%252D06%252D000322%252Etxt%26filepath%3D%255C2006%255C06%255C12%255 C&symbol=RNVO posted November 17, 2006 20:07 -------------------------------------------------------------------------------- I am not pumping this as a play I would just like to pull it all together, and present some factual history. First I want to go back to early September '05, and ask that you read the following From 4/A filing: [URL=http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename]http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename [/URL] %3D0001219849%252D05%252D000006%252Etxt%26filepath%3D%255C2005%255C09%255C06%255 C&symbol=RNVO Notice Stephen Carnes, CEO, bought 200,000,000 shares of his company for $120,000. The previous Form 10 filed on 9/2/05, prior to the above 4/A stated the O/S as : The number of shares of Common Stock, $0.001 par value, outstanding on March 1, 2005, was 214,149,409 shares, of which we know Mr/ Carnes owned only 45,000,000 of from the 4/A listed above because it put his total ownership at 245,000,000 . The Form 10 filed after the the above 4/A stated the O/S as: The number of shares of Common Stock, $0.001 par value, outstanding on September 30, 2005, was 485,479,216 shares, of which Mr/ Carnes then owned 245,000,000. Now let's assume the first 45,000,000 came to be in pocession via S8's and/or other type compensation, costing him $0.00. We know from the Form 4/A filed 9/6/05 the 200,000,000 cost him $120,000, or he bought at .0006. So he has 245,000,000 at .00049 average cost. Then on 9/29/05 an 8K was filed announcing a merger plam with ei3. [URL=http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename]http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename [/URL] %3D0001077048%252D05%252D000549%252Etxt%26filepath%3D%255C2005%255C09%255C29%255 C&symbol=RNVO Now might be a good time to look at the Chart of RNVO, with the 9/6/05 and the 9/29/05 dates in mind. Concentrate your attention to the beginning of July to the beginning of October. you have a low of .0003 and a high of .0086 in that time frame. (Multiply Mr, Carnes worth out at the top of the chart, 245,000,000 X .0086, approximately $2.1M CHART : http://stockcharts.com/h-sc/ui?s=RNVO&p=D&yr=1&mn=6&dy=0&id=p16596250163 then we fastforward to an 8K filed on 6/12/06 terminating the planned merger. [URL=http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename]http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename [/URL] %3D0001077048%252D06%252D000322%252Etxt%26filepath%3D%255C2006%255C06%255C12%255 C&symbol=RNVO Reviewing the chart again we can see the value of the stock has fallen to .0007 at that time. Now on 9/25/06 Mr Carnes buys another 14,375,000 for $23,000, bringing his total ownership to 259,375,000 or almost 52% of O/S as reported in the most recent Form 10 filed on 11/14/06 : The number of shares of Common Stock, $0.001 par value, outstanding on November 8, 2006, was 499,854,216 shares. 259,375,000 shares at .001 has his value at $259,000, for his total investment of $143,000 after his last 114,375,000 purchase. Now here's the question I have been asking myself. Is it in Mr. Carnes best interest to dilute and R/S his stock, or to find another suitor to plan a new merger with? Like I said, no pump, just thinking outloud and presenting some historical facts. posted November 19, 2006 21:45 -------------------------------------------------------------------------------- A quote of mine from further up the page here: "How many pinks have we seen come from nowhere and have 1000% gains, and promises to publish audits, share buy backs, move to a higher exchange......all the standard bullcrap, only to see NONE of the promises come to fruition? Even the OTCBB reporting companies allude to million dollar deals, whether in revenue and / or profits. When it is all said and done they have nothing, but an oops, excuse me, here's the real story, and then they dilute by 100's of millions shares, or depending on the size of their balls, maybe even billions of shares. I ask you, (not you personally, but the universal "you"), how many times do "investors" have to be duped to understand THERE IS NO LONG TERM INVESTMENT HERE? Y'all can name them as easily as I can, but you see "believers" say, "Well, I talked to the CEO and he seemed snicere." No kidding, he's a conman, what the hell do "you" think conmen do? They con you! This is a pos company, 99.999% of them are. There isn't any fact or logic with any of them that one can draw an educated or sure conclusion from. The tripe I presented regarding RNVO's potential future actions, might happen, but can anyone be logially sure, or even assign a probability percentage of it happening or not? It's a nice story, it's a longshot gamble, but it could be nothing. It's gambling, and you best know your chances, and realize that deck is stacked against you, firmly stacked. You have to be on the right side of the MM's push, and pray to God that the CEO isn't gonna blindslide you with bad news. Both situations always happen sooner or later, our job is to find that window of opportuntiy that exists where you are riding the tide with MM's and the CEO is supporting it, because you can bet your hat, ass, and gloves, one of them is gonna turn sour, and pick your pocket." You might be asking why I am repeating that. Well, as always I believe in giving the good with the bad. Someone emailed me, and said they were looking at Mr. Carnes' background. Figured it wouldn't be sterling and inpeccable. http://www.stockpatrol.com/results.php?query=stephen+carnes Seems Mr Carnes might be a master manipulator. Now, some might be saying, wtf is this guy nuts posting negative information about a CEO of a stock he just bought, and alluded to something positive might be happening soon. No I am not nuts. It only proves my point that this is pennyland, were most companies have NOTHING but a printing press for PR's and more shares. I find this guy objectionable, but...hey, if your gonna be in a stock why not his? He knows how the game is played, he is alledgedly king of the manipulators. I'll limp along with him for awhile, see if he PR's anything favorable or fantasticly favorable about RNVO. Might consider selling my .0009 shares for a very modest profit, and begin collecting freebies on flips from .0006, (or maybe lower), to .001 / .0012. Some may see a conman as a bad thing, and yes they are, but again this is the pennies, and if you are on the right side of the con you'll make out. Just remember these are not long term investments. Make your 30 / 50 / 100 %, and don't look back. A lot of stocks run, and we have no idea who the CEO is, or if he is shady or honest, we just enjoy the profits when we hit the sell button. [/QB][/QUOTE]
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