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It appears so. The press release states that GRBX paid off that debt to RB Capital repurchasing the 6m shares associated with that debt, then cancelling the shares!
Pretty impressive in my opinion.
Here’s the link to that press release from August 4th stating that:
https://finance.yahoo.com/news/greenbox-pos-repurchases-6-0-123100697.html?guccounter=1&guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9xdW90ZS9HUkJYP3A9R1JCWA&guce_referrer_sig=AQAAAFARoXj6TAL1QTFt39LhMasrybKl7hRtTBWAvBJ82zVmz531FuP_VlIov0Uh9yKHP1OGC9YCZkWLsVbKmLHKl3XHQZ6s3PSFXluQSLik4bz6kxaPFlvMYY9FGjSXeW7ZxqFvsU9F-w13qrX6JC3InveyKvi2iwFtvG1rLDNPXymt
eeprincipal, thanks for posting the article. It's nice to get news article talking about the improvements accomplished as well as those planned for the future.
Benwahsauce...perfectly said! Great post.
That could be good news for RNVA as they look for another hospital to add to the business. The CEO mentioned that they would be looking for another acquisition target maybe later this year in the same geographic location. ??
I'm encouraged when I hear Mr. Lagan's updates, and I'm so glad he's willing to give interviews about the progress. This company is going to be great a couple of years down the road, I'm glad to have the opportunity to stuff my pockets with shares at this rediculous price.
I put George on ignore today. His false info is very childish.
Pack of Wolves, thank you so much for posting that article about the Oneida hospital. It's things like this that come here for, and I'm grateful to find.
Thanks for posting, Bidsmaker1. It is always helpful to read your take on these things when they come out.
Malt66, interesting perspective, thanks.
I see that the warrants expire on June 30 2021, and are exercisable at $0.45, so does that mean the company is preparing for the event that the stock might do very well and reach that price before the warrants expire, and he'll need the shares if the warrants are exercised?
Thanks Bidsmaker1, your detailed explanation of this is much appreciated!
I'm staying put, too! In the fall hoping to start to see a nice gain as the new direction of this company really takes shape.
I noticed that NORT took a seat at our table today. We now have 10 active mm maintaining an orderly market on the stock.
I was thinking the same thing, that they should be just about done. There were 500m before the authorized was increased to 3B, so I'm thinking they only have closer to 360m left to convert? In any case at the rate this lender is converting, they'll be done soon, and maybe this stock could finally get to real trading. I've taken advantage of this situation, like many of the longs here have, and increased my share holdings to a very nice pile. Later this year I'll be very glad I did.
GLTA
The CT scanner is a great diagnostic tool... several years ago, a sudden severe abdominal pain prompted a trip to the ER in my area, the Dr. ordered a CT scan to reveal a kidney stone....The scan cost $5000 back then. Having a nice new CT scanner is definitely a great revenue generator!
Time and sales report sure looked interest for the last 20 minutes of trading.
USNCS7, exactly what I was thinking! He's giving the stock some support as we move through this process. I'm thankful the CEO did this.
Bidsmaker1, you are such breath of fresh air on this board. Thanks for your insight on the share price action. I've learned a lot from your posts.
Wonderful news about PB. Thanks for sharing.
Blessings and positive energy to PB. Hope all is well!
Newflow, nice article about RNVA's purchase. Thanks for posting it.
Thanks PB. Hope you get feeling better soon. You've been such a wonderful, up beat person here, and your DD has been a huge help to me. Well wishes and positive energy sent to you.
I appreciated the update from the CEO today. Sounds like we can expect the 10Q in about 2 weeks.
https://ir.rennovahealth.com/press-releases/detail/277
Thank you la_trader!!!!!
Did anyone notice the two trades at 11:30? 911 shares twice? Who's being the smarty pants?
(Copy of the trade log from OTC Markets)
05/30/2018 11:32:30 0.0053 2,775
05/30/2018 11:30:08 0.0053 150,000
05/30/2018 11:30:00 0.0053 911
05/30/2018 11:30:00 0.005299 911
05/30/2018 11:29:43 0.0053 500,000
05/30/2018 11:29:29 0.00525 2,830
05/30/2018 11:29:24 0.00525 20,000
05/30/2018 11:28:20 0.0053 100,000
05/30/2018 11:22:56 0.0053
I just doubled my position this morning. Does that mean you can include me in that "smart money" crowd? Gosh, I hope so.
I'm still here waiting for new funds to clear so I can double down...again.
Bidsmaker1, thank you for your insight and perspective.
Kevin, congrats on your doubled position. I did that too, and hold about same as you have. If this goes where I think it will in a few months, we'll do very well!
Outstanding post, PB. Thanks for all that good info and explanation.
Bids...Agreed! Best statement of the day. I'm holding.
Legom2, thanks for sharing that news! United Heathcare is huge and has a fantastic Medicare complete plan.
Ok, company got what they needed, now....on with the business of rebuilding this empire!
The meeting is on 9th according to the PR, that would be Wednesday.
Meeting is on the 9th, nothing approved yet.
Thanks Vixer
I'm doing a happy dance around my living room!!!!
Thanks!!! Gonna be a fun ride up!!!
PB- fantastic post!!!!
INTHEKNOW1, i think you are spot on with this post. Thanks for pointing out the wording used and it importance.