Home > Boards > US OTC > Medical - Equipment >

Rennova Health Inc. (RNVA)

RNVA RSS Feed
Add RNVA Price Alert      Hide Sticky   Hide Intro
Moderator: bar1080, Backstabbed, Top Penny, mikewazowski, CrazyKar123, John/bal
Search This Board: 
Last Post: 4/24/2019 1:34:23 PM - Followers: 529 - Board type: Free - Posts Today: 9

 

 

RENNOVA HEALTH GIVES FINANCIAL UPDATE ON 2018

 

WEST PALM BEACH, Fla. (February 20, 2019) – Rennova Health, Inc. (OTC: RNVA), (OTC: RNVAW), (“Rennova” or the “Company”), a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers that acquired its second rural hospital in Tennessee on June 1, 2018, announces that its 2018 revenues demonstrate continued growth momentum.

Rennova is pleased to announce preliminary net revenues for the year ended December 31, 2018 of approximately $15.3 million. This number remains subject to final review and potential adjustment before the annual financial statements are filed. This represents an increase of approximately $10.7 million from the reported net revenues for 2017. This preliminary revenue includes operations of Rennova’s second hospital in Jamestown, Tennessee, which it acquired on June 1, 2018. The Company continues to take a conservative position on revenue recognition in hospital operations and will maintain this position until we have adequate historical information to evidence total collection rates.

“We believe that 2018 was a pivotal year and expect our business model for the rural hospital sector to deliver profits and significant growth for Rennova in the coming years,” said Seamus Lagan, CEO of Rennova. “We expect increased revenue in 2019 from ownership of existing facilities for the full year and continue to analyze additional acquisition opportunities with an expectation that one or more will be accomplished in 2019. We expect to file our 2018 financial statements on time and look forward to providing a further update when filed.”

 About Rennova Health, Inc.

Rennova operates two rural hospitals in Tennessee and provides industry-leading diagnostics and supportive software solutions to healthcare providers. Through an ever-expanding group of strategic brands that work in unison to empower customers, we are creating the next generation of healthcare. For more information, please visit www.rennovahealth.com.

 Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Contacts:

 Rennova Health, Inc.

Sebastien Sainsbury, 561-666-9818

ssainsbury@rennovahealth.com

 



Read Corp's Grim History of Reverse Splits: 

1 for 12 reverse split 07/25/2006 
1 for 5 reverse split 06/17/2011 
1 for 10 reverse split 11/03/2015 
1 for 30 reverse split 2/23/2017 
1 for 15 reverse split 10/6/2017 (two in a year!) 
1 for 500 reverse split 11/13/2018 
1 for 10000 reverse split pending
https://www.otcmarkets.com/stock/RNVA/security
Business Description
Rennova Health, Inc. is a vertically integrated Public Company that provides industry leading Diagnostics and supportive software solutions to healthcare providers.
Contact Info
  • 400 S. Australian Avenue
    Suite 800
    West Palm Beach, FL 33401
RNVA
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
RNVA News: Initial Statement of Beneficial Ownership (3) 04/15/2019 04:17:01 PM
RNVA News: Current Report Filing (8-k) 04/10/2019 04:32:11 PM
RNVA News: Current Report Filing (8-k) 04/05/2019 05:07:27 PM
RNVA News: Current Report Filing (8-k) 04/04/2019 05:03:23 PM
RNVA News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 04/01/2019 04:17:16 PM
PlusOneCoin Top Posts
#74951   Much Much higher my friend. When the Benwahsauce 04/18/19 06:11:20 PM
#75030   $RNVA - next full fiscal year should have Backstabbed 04/21/19 01:30:45 PM
#75023   RNVA$$.. about to run from here.. good days Abbas14 04/21/19 01:52:54 AM
PostSubject
#74951  Sticky Note Much Much higher my friend. When the Benwahsauce 04/18/19 06:11:20 PM
#65328  Sticky Note <<< Reverse Split: >>> Proposal 2: To approve bar1080 09/05/18 08:09:35 AM
#75117   Looking for a nice bound soon. The resurrection stju1979 04/24/19 01:34:23 PM
#75116   L3 is certainly awesome to have that's mikewazowski 04/24/19 12:24:20 PM
#75115   RNVA intentions are what they are until change Magister 04/24/19 11:39:47 AM
#75114   Is it me, or is it "getting dark" bar1080 04/24/19 11:35:55 AM
#75113   Well stated and conceived. MM is intentionally hiding la_trader 04/24/19 11:24:14 AM
#75112   I believe compliance issues w 1:10,000 even w dade 04/24/19 11:16:17 AM
#75111   They will probably need at least 1:10000 at betterdaze 04/24/19 10:41:53 AM
#75110   .0001s almost gone again d-train 04/24/19 09:33:19 AM
#75109   I’ve speculated this - I believe- it’s cheaper dade 04/24/19 08:11:20 AM
#75108   Hey, I want to ride on that train stju1979 04/23/19 08:54:47 PM
#75107   It truly is befuddling..... The only question we need Benwahsauce 04/23/19 08:42:32 PM
#75106   This is just a mind screw. We are Ferdenando the Bull 04/23/19 06:06:12 PM
#75105   Rinse and repeat. Niko2021 04/23/19 03:48:16 PM
#75104   $RNVA will go 100% up George1234 04/23/19 03:20:56 PM
#75103   In most case yes, but in this case stju1979 04/23/19 02:44:06 PM
#75102   They will make a lot of $$ at betterdaze 04/23/19 02:36:35 PM
#75101   This is penny land. Long term here you The Skull 04/23/19 02:30:34 PM
#75100   If they don't post financials, they risk suspension. trader59 04/23/19 02:30:31 PM
#75099   BIG BUYS today!!! Rickyd88 04/23/19 01:53:38 PM
#75098   I go there because you dont know what stju1979 04/23/19 01:52:30 PM
#75097   LOL don't even go there LOL. The Skull 04/23/19 01:48:35 PM
#75096   Mr Hot and Cold. I guess Mr. Cold stju1979 04/23/19 01:30:58 PM
#75095   1 for 10,000 starting soon !! George1234 04/23/19 01:26:52 PM
#75094   Have you ever worked for a public traded stju1979 04/23/19 01:24:35 PM
#75093   I have clearly stated before that after the The Skull 04/23/19 12:24:28 PM
#75092   Eventually this has to run. And it will Backstabbed 04/23/19 12:22:43 PM
#75091   Then comes RS...lol WHITTENHALLJR 04/23/19 12:21:51 PM
#75090   1.00 webdev2016 04/23/19 11:36:33 AM
#75089   Absolutely Meangene818 04/23/19 11:34:12 AM
#75088   Over 1B sold at 0001 in the last Actualfactual 04/23/19 11:31:08 AM
#75087   I like positive thinking for a change. :) stju1979 04/23/19 11:16:17 AM
#75086   Over 100,000,000 share SOLD within the first hour Rickyd88 04/23/19 11:09:49 AM
#75085   Coming up next? R/S then back to Trips. The Skull 04/23/19 11:05:27 AM
#75084   Coming up next? R/S then back to Trips. The Skull 04/23/19 11:01:46 AM
#75083   RNVA$$. No one pumping this and Abbas14 04/23/19 10:35:36 AM
#75082   Off course, everybody has an agenda including you. stju1979 04/23/19 10:35:24 AM
#75080   I am betting on the new CFO Jonathan. John/bal 04/23/19 10:29:01 AM
#75078   RNVA$$.. oh ok thanks..hopefully soon.. can’t wait for Abbas14 04/23/19 10:26:42 AM
#75077   I called Mr. Sainsbury, and he said he stju1979 04/23/19 10:23:49 AM
#75076   RNVA$$... emailed them to find out about the Abbas14 04/23/19 10:20:47 AM
#75075   Regardless of the outcome good or bad, I stju1979 04/23/19 10:14:41 AM
#75074   I haven't given up on this one. mikewazowski 04/23/19 10:09:29 AM
#75073   Company will dilute shares when they have toxic stju1979 04/23/19 10:08:02 AM
#75072   Doubtful but good luck betterdaze 04/23/19 10:07:41 AM
#75071   Those companies don't dilute R/S, then dilute again T-Hawk 04/23/19 10:03:24 AM
#75070   That is good news, this mean dilution is over. stju1979 04/23/19 10:00:02 AM
#75069   IR said the next board meeting was early d-train 04/23/19 09:58:37 AM
#75068   Whether people buy or dont buy the stock, stju1979 04/23/19 09:57:16 AM
#75067   Took awhile to sell my ones. Glta betterdaze 04/23/19 09:55:38 AM
#75066   No CEO down here in the OTC wants mikewazowski 04/23/19 09:54:41 AM
PostSubject