posted
Thanks Dog, Summmer time don't trade much, might have to sit this pig awhile. Doesn't look like things changed much for RNVO since I started this thread. Might be a good idea to re-read it, a refresher.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Don't know if .0005 was bottom, but they like to yoyo this pig. If the CEO announces any bullcrap, it could be, it might be, a merger...and then says, oh shucks it could get a real good bounce, look at the chart, I didn't look lately, but I sem to recall he announced a probable merger last June, June before and it went to .008.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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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:
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.
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
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.
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.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Good to see my man will back in the fray- missed ya bud. I never filled this piggy pig at .0005, but still have a little from the last go around...
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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posted
Might not do anything, who knows? .0005 is pretty cheap, seen it as low as .0003. If Carnes pulls another R/M it will go big, if not it will see a double some day. The share structure hasn't changed much, if any, since last year. It doesn't even have to be a real R/M just an announcement and it's off to the races, who cares if it aborts or not. Anything can happen, it's a shell owned by the King of Penny Stock Manipulation. I'll sell half at .001, buy more at .0005, do the same until he decides to make it go.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
What's up with RNVO? Went up 114% yesterday on no news. Now down 46% back to .0008. Could there be somthing big coming or just another scam play?
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
i was thinking it was another great call by will actually. called it at .0005.. cant believe i didnt listen. the thing went up 110% in one day, and you are surprised it re-traced, especially in this dry summer penny markt. lmao
Posts: 6397 | Registered: Jan 2006
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posted
Yeah, great call will, I just wonder what will next week be like. Since there was no news, it may never go up again. If something really is brewing, it may shoot to the moon. I just hate to add another bag to my collection.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
Not bad. It topped out at .0018. Buy again at .0005, and hold until it does it again. Save a little for the real fireworks some day, which may or may not ever happen. Meanwhile, enjoy the little 200 / 300 % pops
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Originally posted by will: Not bad. It topped out at .0018. Buy again at .0005, and hold until it does it again. Save a little for the real fireworks some day, which may or may not ever happen. Meanwhile, enjoy the little 200 / 300 % pops
Great job Will, you still the man!!
-------------------- "Remember that time is money." Posts: 412 | From: Murfreesboro | Registered: Oct 2006
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Now bring it back to that .0005 / .0006, and let me rebuy, and wait patiently, that's twice now.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
They never brought it back to the .0006, but they sure did let it fly for almost 350% over the last few days. Always keep a few for a sunny day, or week.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
getting great volume today, and now at .0004x.0005, subs are getting hot, this one can run huge when they want it to...
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
hmmm, had no bid for a month or so, now it's sitting at .0002x.0003 with tons of volume, interesting...
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
Uh, it's unusual volume because Shakerz is pumping it. When he's gone there will be no bid again and you will hold worthless shares if you don't get out quickly.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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