RVNM.OB – A 50 bagger ?

[doyerdiligence]

well with latest  PRE 14C  out we are either in a clusterfuck amount of pain or the 50bagger run up of tha year.

[cumulina]

well with latest PRE 14C out we are either in a clusterfuck amount of pain or the 50bagger run up of tha year.

That completely went over my head - can you explain a bit?

What is a PRE 14C?

It has been very quiet today about RVNM, i figured a lot of people left early for the long weekend...

Cheers!

[doyerdiligence]

http://tinyurl.com/8f3qw

[boatguy]

OH GEEZ, I'm  in  for 1.5m too.

Fill at .0002 took ten minutes, etrade 9.99.

Told my girlfriend (mistake!!) now I have to take her out to a nice 1.5 million share dinner tonight!!

I'm already out 600 bucks!!

[smeyers2]

Sorry.. I didn't read all the print... TDWaterhouse is 1 cent per share over 5,000 shrs or $60.00 whichever is smaller. 

LOL.. Boy do I feel dumb !   

[Special K]

I guess now that a reverse split has been filed, we can officially panic. 

[JMoney]

Is a reverse split bad or good?

[J.Livermore]

Is a reverse split bad or good?

A reverse stock split is one of the most effective ways to get ride of a cellar boxing scheme !
This is a 1:1000 stock split, so price should be something between $0.15 to $0.20, and of course you divide your # shares for 1000.

No more 50% spread on the bid/ask Means more liquidity, and free trading on this stock. Good news will make real rising effect on the stock, and lots of traders should come back to this stock.

I'm not sure yet, but I think in cases like this, the MM's will have to make prove of ownership of their shares, so naked shorts will be a problem for them ? what about covering ? 
Any clues on this ?

This all going to happen on July the 15th.
If Mr. DiFrancesco is a good CEO, he should be thinking in a little stock promotion before this issue... Of course he will have the help of Mr. Jesse Livermore  And I hope I have some company on this

I think this is a good opportunity to see this stock on a free market again, outside the cellar
Current market cap is just 433.19K....... can you believe it ? ? ?

Let's investigate a bit more.......

[eliteG]

I do think this play is simple math, like J.L. said in the very first post of this thread.  Hopefully the reverse split will help this get moving and shake-up those naked shorts.  I have no position at this time but rooting for you guys.  J.L. really knows his stuff.   

Rock'n'Roll 

[doyerdiligence]

the only bright side i see is they are also reducing the authorized shares to 100,000,000
so hopefully they run it up before the split to get a better pps.

[doyerdiligence]

bigger volume today
my theory is everyone is buying the shares now before the split while they are still cheap, due to the authorized share count being shrunk to 100,000,000 it's easy to suck up most of the float pre split.
just a theory

[The Bad Guy]

bigger volume today
my theory is everyone is buying the shares now before the split while they are still cheap, due to the authorized share count being shrunk to 100,000,000 it's easy to suck up most of the float pre split.
just a theory

I think the same

[doyerdiligence]

i just noticed all the insider buying from april

[cumulina]

Comments, please?

Copied:

Raven Moon Reports Share Restructuring Based Upon SB-2 Approval for New Financing to Complete 39 Episodes of GINA D'S KIDS CLUB
07/05/2005 15:57
ORLANDO, Fla., July 5, 2005 (PRIMEZONE) -- Raven Moon Entertainment, Inc. (OTCBB: RVNM) is pleased to announce that it will be restructuring its stock with a 1000 to 1 reverse split with an effective date of July 15, 2005.

The share restructuring comes after the SEC approved an SB-2 filing which will give the company the ability to receive as much as $3,000,000 in new financing from MG Studios in order to complete the production of 39 GINA D'S KIDS CLUB programs by September 2006.

The $3,000,000 from MG Studios is in addition to the $2.65 million it had given Raven Moon to complete 18 episodes of GINA D'S KIDS CLUB. MG Studios has extended the additional $3,000,000 of financing to Raven Moon Entertainment based on the company's good standing with its payments on the previous $2.65 million in financing that the company received over a year ago.

The board believes the restructuring will allow the company to recapitalize and believes the company is currently undervalued based upon a film library of 24 completed half hour episodes, 140 produced music videos and licensing rights to toys and characters seen on the "GINA D'S KIDS CLUB" programs airing every week nationwide on 155 television stations throughout the U.S.A.

For Syndication information call Len Koch at Role Entertainment (201) 568-4800.

For company information contact 1-866 THE APPL(E) or www.ravenmoon.net.

Safe Harbor Act Notice: This release may contain forward- looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third- party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.
CONTACT:  Role Entertainment
          Len Koch
          (201) 568-4800

          Raven Moon Entertainment, Inc.
          (866) THE APPL(E)
          www.ravenmoon.net

[Ramsburg]

i just noticed all the insider buying from april

Where did you saw that ?

thanks !