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$icnm 17 mill 2024 5 mill 1 qt 2024
Yes but there's a big difference between good debt and bad debt. And it doesn't matter what you perceive this to be or asking me to find another ticker to compare to this one. There are many pinks that at least have a bid and quite a few who actually are way out of the trips. All that matters is this trades below par, it's a no bidder, and the CEO is running business as usual with absolutely no concern for common shareholders. So technically RNVA has way more in common with all the other no bidders than you'd like to admit. I hate being redundant but with over 40 billion OS and 250 billion A/S this will go no where just like the other no bidders. The only thing I care about is will I reap any benefits from my investment?? You can spout all the numbers you want but at the end of the day we have been no bid for the most part of two years
Although, I do think we should wait for closer to 10 cents...
And if the news is Grand enough, leave a few mil in the pot to see if it goes near a dollar again...
$RNVA💰️
Do we know if this NANCI system was implemented yet or not? Does this somehow end up fitting into what INQR is doing?
Big South Fork Medical Center Receives Critical Access Hospital Certification
by bsfadmin04/19/2022
Big South Fork Medical Center Sign
On Dec. 03, 2021, Rennova Health, Inc. (OTC: RNVA) announced that the application by its hospital, Scott County Community Hospital, Inc. (DBA Big South Fork) in Oneida, TN, for designation as a Critical Access Hospital (CAH) has been approved by Centers for Medicare and Medicaid Services (CMS). The effective date of approval is retrospective to June 30, 2021.
CAH status means the hospital will be entitled to a cost-based reimbursement from Medicare, which has the potential to increase revenue. There are a number of benefits of CAH including that capital improvement costs are included in allowable costs for determining Medicare reimbursement. This special reimbursement that CAHs receive is intended to improve their financial performance and thereby maintain access to basic health care in rural areas by providing rural health networks and rural emergency medical services.
“We are delighted to be granted Critical Access Hospital Certification for this hospital,” said Seamus Lagan, CEO of Rennova Health. “The opportunity for increased revenue and reimbursement is a welcome boost to the facility for the needed service it provides to the local community.”
https://www.businessmole.com/innovative-mobile-technology-nanci-launches-to-support-patients-in-rural-tennessee-hospital/
imho
mj
Agreed. In time I think they will but first things first. Pretty soon if the pace of the fins hold true they could start snapping off 5B shares per Q with no problem. They don't have to do it all at once. Just show me the start of intended steady buybacks. I think that would definitely get some attention around here.
imho
mj
Agreed. I’ve seen other companies do the same thing. They draw up the paperwork and get a judge to sign off on them and submit. I hope that’s already in the works. Scary if they haven’t thought of it already.
LCJR
They just got to cancel the bloated OS. Then if they need to dilute they can do it at a higher price for more money. Even 20B off the os would mean allot.
Most companies have debt
I’m sure u do 2 !!!!!!
Still waiting for u to show us a better .0001 play out there !???????
How long do we wait ????.025????
Big South Fork Medical Center Receives Critical Access Hospital Certification
by bsfadmin04/19/2022
On Dec. 03, 2021, Rennova Health, Inc. (OTC: RNVA) announced that the application by its hospital, Scott County Community Hospital, Inc. (DBA Big South Fork) in Oneida, TN, for designation as a Critical Access Hospital (CAH) has been approved by Centers for Medicare and Medicaid Services (CMS). The effective date of approval is retrospective to June 30, 2021.
CAH status means the hospital will be entitled to a cost-based reimbursement from Medicare, which has the potential to increase revenue. There are a number of benefits of CAH including that capital improvement costs are included in allowable costs for determining Medicare reimbursement. This special reimbursement that CAHs receive is intended to improve their financial performance and thereby maintain access to basic health care in rural areas by providing rural health networks and rural emergency medical services.
“We are delighted to be granted Critical Access Hospital Certification for this hospital,” said Seamus Lagan, CEO of Rennova Health. “The opportunity for increased revenue and reimbursement is a welcome boost to the facility for the needed service it provides to the local community.”
imho
mj
Meanwhile...ask shares rising at trips 1. As usual.
RNVA!!$$$$$$???????
What has this ticker done to prove that? This ticker sits at a rock bottom cheap price for a reason, and it is not because this ticker is showing for certainty that tens of millions of $$$$ earnings has or is happening!
RNVA!!$$$$$$??????
Your logic still doesn't make sense because they actually wasted time hence the tax lien penalties and fees... So they had the funds all along but just neglected to pay? Wow what a great way to conduct business.
q4 and q1 should show 2 of the best Q's this company has ever had. Q1 could show the pace is set for a $25+M year in 2024 :)
They wasted no time in regainning Jamestown.
imho
mj
I think you need to brush up on the differences between earnings, revenues, profits, AND overall expenses and debt. You know those little parentheses around numbers? Guess what that means?? And there are a ton of those in the financials....
Wanna bet 2.25 BILLION shares were added to the OS to pay the taxes ?
ReSCAMnova. A Semen Lagan company
I would take .003 as a purchase price and be just fine with that. :) With the debt and other things you wouldn't think they would be acquired at this stage. But when 50% of all rural hospital operate at a loss...The profitable ones are valuable. I don't know if its a merger or acuisition but it does feel like they are in a quiet period. And IF there is something in the works...They may not want to take a chance of the share price fluctuating with a fins drop and it included Jamestown being on the books. In one of the last podcasts Seamus did mention once or twice they would look to grow by acquisition once the business was stablized. Maybe its nothing...but its just odd for a company that has filed for years to all of a sudden be this late once they start actually making money.
https://revcycleintelligence.com/news/half-of-us-rural-hospitals-operate-at-a-loss#:~:text=Half%20of%20rural%20hospitals%20are,rural%20hospitals%20have%20a%20deficit.
imho
mj
I already know. I've already stated that waiting on earnings alone will take years and it's been two years so far. So I guess that's a good thing since we've knocked out two out of who knows how many more years before we reap any benefits. From a common shareholder's POV, nothing has really changed. Seamus is still running business as usual. I agree in the long term this will be a really good investment. I never refuted that. Just hope there's no R/S before then.
RNVA SUPER UNDERVALUED PRICE .000001/.0001
EARNINGS PROFITS
FUTURE
130+ EMPLOYEES ON PAYROLL
AQUIRING ADDITION FACILITIES ON 2024
UNVELEIVABLE PROGRESS AFTER 9 REVERSE SPLITS
COMPLETE TURNAROUND ??????
A success story in progress
Mo Mo proves I'm right again.
RNVA!!$$$$$$?????
While I admit you might have something with the merger line...nothing, at all points to fins coming out soon. Or not. With nothing official coming from this ticker...it's all just hoping & guessing from investors.
RNVA!!$$$$$$$??????????
OK RNVA ITS TIME TO UNLEASH THE FILINGS TO CLEAR UP ALL THIS CORNFUSION GP !!!!!!!!!!!
Lay em on us please !!!!!!
WATCH N LEARN MR JT :))))))))))))))))
EARNINGS N PROFITS ARE EVERYTHING INA ZUB ZERO
SHOW ME ONE TICKER .0001 that has
30 MILLION EARNINGS IN A YEAR
PROFITABLE
AND CONTINUAL GROWTH?????
I’m waiting ??????????????????
RNVA LOLA .05 VARMIT.055
https://finance.yahoo.com/video/gamestop-stock-pops-roaring-kitty-141222957.html
Look at the Pin Risk on the Call at 25, 30 and 34 for the Friday expiry. Someone knew this resurfacing was going to happen forcing the dealer to delta hedge this move. This is what a gamma squeeze looks like.
Open interest May 17 EXP.
25 26,620 contracts
30 41,392 contracts
34 16,660 contracts
While the stock has been halted several times today, the options are burning up. By the way, these options were in the 40 cents a contract range on Friday close. Now 8, 6.50, and 6.02, for the 25,30 and 34 calls. NIce multibagger for those who front ran the return of Roaring Kitty.
Gamma squeeze is relatively rare compared to short squeeze. The most famous examples of the gamma squeeze are the rise in the value of GameStop and AMC Entertainment stocks.
The same players led by Roaring Kitty are at it again. This could go back up to 100.00 once the options chains has prints above 34.00 out in time.
Quarterly profits does not negate the already huge accrued debt. It's already been established that if share structure and toxic debt isn't addressed all the nit picking positives won't move us at all... ONLY a major announcement from the Illustrious Seamus will get us out of trips....
Unless there's some huge flurry of volume towards the end of the day, don't expect much IMO. It's the 13th if indeed they actually come through by the 15th, no volume suggests we may be screwed even more.
Ummm it came from common shareholders "accumulating" all those .0001's....
Pretty sure last filing for 3rd quarter has a 3 million profit in the company out of the $20 million earnings .
I’m sure that &3 milly was enough to cover those taxes for $220k
This is not normal for a sub zero .0001 stock to actually have a legit business with huge earnings as penny stocks have
The year end should blow peeps away
They aren’t expecting these huge #s
I do wonder where the tax money for the hospital came from.
YES SIR :::: filing will drop very soon
The hold up is for a reason
Maybe a buyout or merge with mega hospital hungry for power of all hospitals
QUITE POSSIBLE
I WILL TAKE .055 and fly away
An hour in, and trading has stopped, while the ask shares go up.
Still nothing from this ticker. But, the trading expertise of posting poop & clown emogis from the pumpers are normal...as usual.
RNVA!!$$$$$????????
Goooood SENSATIONAL $RNVA morning!!
A rumored big week, and on Monday there's a huge 200k to open.
125 mill on the ask. Let's see how fast this rises!
GLTA!
RNVA!!$$$$?????
Drop the fins ZZZZZZZZZZ $RNVA
Wouldn't doubt it.
Scamus may just take you all through the rest of 2024 without filing a 10k.
We are close ladies and gentlemen! AMC and GME upward bound simultaneously. Pre-Market!
GO RNVA!!!
Good morning (RNVA-Land & Team).......🤑😎......Go (RNVA & Team)
Well...here we go. Both reports this week? Any reports this week?
The only sure things this ticker has put out lately is...no fins. No updates. No info. Nothing. Except for, a big fat yield sign!
This tickers performance has done literally nothing in two years.
But...maybe this week we get something positive, aside from guessing and wishing!
GLTA!
RNVA!!$$$$$$??????????????????????
Moe
The guardian of the third level of heaven says he will send your document over to Webster to study it more carefully and give you an answer when Enoch returns from vacation
Romeo Romeo
The Pope says he will store your Document in the Vatican and give you your answer when you get to heaven
They need to reopen, add on and make it sprawl...IT is a Necessity...Period.
GO $RNVA💲
Big South Fork has battled its past demons, finding ways to use beds for emergency care and long term care, while partnering with the University of Tennessee Medical Center and becoming a critical care access hospital, a way to keep money flowing, and the need constant in a county of 22,000.
https://www.wvlt.tv/2024/05/06/healthcare-crunch-east-tennessee-communities-fight-keep-rural-hospitals/
imho
mj
Ah, my friend Dingbat, I need your input on a most top-of-mind topic that has the financial world all a buzz.
I must impart to you a conundrum most perplexing, one that has vexed the sharpest minds in our arcane field of heteroskedastic time series analysis.
As you well know, the GARCH(p,q) Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) model proposed by Bollerslev in 1986 revolutionized our understanding of volatility clustering and leptokurtic distributions in financial data. However, recent findings from the burgeoning field of quantum econophysics suggest that the standard GARCH specification may be insufficient to fully capture the intrinsic non-ergodicity and fat-tailed nature of asset returns.
Preliminary results from our lab's application of the Zitterbewegung transformation to the GARCH likelihood function indicate the potential existence of a new class of "quirky" models. These quirky-GARCH processes exhibit fascinating properties, including quasi-periodic volatility cycles, and apparent violation of the intra-Kalman filter restriction.
The ramifications are profound. If our simulations prove accurate, it could unseat decades of received wisdom on optimal option pricing, portfolio allocation, and potentially invalidate the very foundations of modern risk management theory!
I resign myself to this enigma: Using only the symbolic representation provided in Tsay (2005, p.114), how might one construct a canonical quirky-GARCH(1,1,1) specification that preserves the crucial leveraged volatility dynamics, while simultaneously admitting a Heisenberg-compliant martingale difference?
I anxiously await your elucidation on this most vexing of posers.
Note: Please respond in English and try to observe proper punctuation like periods, commas, semi-colons, and common sentence structure indicative of one who may have achieved academic progress beyond the seventh grade. I see from you self-certifications that you may have in fact been a barrister of some standing so I do not think it is unreasonable to expect for you to respond in a form commensurate with your professional achievement which to date does not seem to be immediately evident.
Thank you and good night as you contemplate a response.
Need those numbers the 15th is here.
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