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We need Gweaver back to start another round of buying.
As Seamus said it's gonna take a few days to figure out where the money is going. But they have people working on it.
Ill be here everyday, waiting or ready to post the update.
Being advised to stop posting on a stock forum from someone who posted non-stop in every direction on the forum is something.
Capitulation.
Another reason to feel better.
GL.
Actually its a really good time right to rely on the State for assistance at the moment. The have buckets of healthcare cash from the Feds and the leeway to make concessions at the moment.
Any other time, it would be a deaf ears. But I will say this, it is likely no or never give the latest impacts.
I'm pretty sure it will work out.
GL
Relax a bit Fern. Think about it, all these hospital were in the chitters to varying extents before COVID. Goes without saying.
To survive they needed Government changes/bailout(s) of somesorts anyhow, and now they can kill two birds.
Because of the damages incurred, the massive amount of emergency healthcare money at the Governments disposal, and the serious need for these beds I dont think the Government can turn a blind eye at this time. Today they have wrote a direct and concise business case to justify the funds.
The pod took me off guard at first, but it's actually solid PR from Seamus today and likely wasn't aimed at us TBH given what is going on. The 8K clears it up with clear legal language that cannot easily be ignored by Government officials.
It's all up to the State of TN now. GL
The 8K and pod is starting to make sense. They seem to be justifying their 'piece of the pie' for the now available emergency funding with todays 8K and podcast by putting out clear impact statements.
The language lets it be known they have been financially impacted to the fullest and cannot likely continue rural operations without funding. Now the Government has to respond.
That's my take, makes sense now.
GLTA. This is it, make or break time
Did you even read the 8K? Jeez.
Not worth it to investors, surely the company saw value in it.
Shake that tree one final time, maybe?
We'll know if the Government is on board to work with the Company by the end of next week. If no Gov't can work with them, it is likely game over and I really doubt that. Also the Company can not do a split for atleast a month even if they rush the paperwork, therefore we'll certainly know the more important status of the Company in this emergency before then.
To me it looks like the long accumulation is ending so its likely just shake, shake, shake whatever they can until some news can be announced.
As Seamus said they'll know more about the Government assistance in a few days.
And guess what the company cant do in a few days? A reverse split.
Nothing changed, nothing of new importance was said.
GLTA
Exactly, so now he is playing the other side. You gotta be skeptical.
Bear porn pod got you excited again?
Any binding paperwork to support the RS in 30days? Nope. Seamus has been toying you with RS dates for over a year, yet you still believe in him.
If they split before a rise in price from today, I guarantee we'll lose 60-99% of value within a couple weeks. Look at the negative doom and gloom the CEO just put on the company, no significant retail is buying this post split if they cant work with the Government in this absurdly generous healthcare friendly emergency climate.
We still have lots of time before they can do a split and lots going on that WAS NOT discussed or shrugged off so we will see.
I am very skeptical of the pods motive to say the least.
It sure seems Seamus simply does not want to sell stock to retail right now.
Jolly asked nothing about the 8K regarding CEO change status. Isn't that of upmost importance to investors? And this pod had no significant update otherwise, so why bother?
Were they really coming on to say they are gonna completely f you all shareholder once again? or were they putting a freeze on buying? Frankly, either motive is quite sad.
Remember when Seamus used to pump the stock thru twitter and the pods? Those were some real dark days for investors.
Nothing was good in this pod, which may also mean this is possibly about to get better for investors given the info that wasn't mentioned with CD and the possible emergency government response which we should find out more in a 'few days'.
What a complete joke of a pod either way.
https://www.instagram.com/sebsainsbury/?hl=en
Is this the same guy?
I'm thinking this might not be the best way to lobby for Federal funds for your struggling biz?
So the local D's are not happy with SL and the Fed R's might not be too happy with SS.
If so. This does not seem to be the best PR for the company
https://www.rennovahealth.com/about/corporate
"....As a company, we are taking all precautions possible to protect our team. Our Rural Hospitals and Clinics in Tennessee are working closely with local authorities to best protect our patients, our employees and the communities we serve. We appreciate the dedication of our employees and all medical staff during this time."
Lets hope they are finally working together. GL
Who wouldn't want to live closer to Hollywood, nothing weird about going there, right?
Ya, rural TN looks just good to me these day. Well that is as soon they get their hospital situ fixed.
Considering Drake is the face of my hometown and the cost of real estate is also completely absurd i shouldn't talk too much trash lol
Please tell us since you claim to know what is 'going on' with these two very important questions for investors:
1) What is going on with ownership right now?
2) What does Governor Lee 'actually' mean when he state they intend to use the new tools to get these rural hospital open?
Please do share you infinite wisdom to ihubbers so many dont just see you as a someone with an agenda against Rennova? Some actual details to go along with 'i know more than you', 'denial' button pushing would go along way.
Sure seems like JRMC has a big leg up on many of the others being targeted, even with a local CEO ready. One hospital mentioned in the article didn't even have beds, yet.
That shows this is far more a representation of the unfortunate politics and poor government policy of the past.
Whether it was Rennova trying to make it work or the previous owners who had to walk away, they were not the root of the issues going on with TN rural healthcare.
I truly hope for everyone that this 'emergency' allows for the necessary required to pace the runway for a better future. I see no reason why It wont atleast get them fully functional very soon.
There is always new week with this GEM! LOL
How did i do Penny?
Hang in there Ferd.
'Normal' is a state of mind.
Appreciate the good around you when things are tough, so you can better respect those when life flips and gets easier
Strangely the virus is really difficult for those under 10yrs (just over 1% of cases in TN) to catch and very low impact for those healthy Odd facts.
The whole things is slightly bizarre, we'll see how it plays out
Stay safe, none the less.
Yes, just another Pre 14C. This one dropped the raise in A/S which was in the previous Pre 14C field a few months back. The Co. still need to file a DEF 14C, then give 20 days for shareholder review before they can even consider sending a split thru to FINRA. SO not likely happening anytime soon.
For most of 2019 they had a DEF 14C 10,000-1 hanging over the stock that expired and then the filed the Pre 14C soon after for a raise in A/S and Reverse.
I believe Fern pointed out the mention in the past Q's that their lab services were being integrated into the hospitals
Interesting to see the website being updated.
Sabby is the toxic machine
The only reason im still skeptical in anyway is that they are still being involved.
My hope is that it is time to get paid back for their unique past service
Saw what? Nothing has changed
No moon, no split, no BK
Naw, I think that silence means it time to change the trend soon.
You can be Zerohedge. There is not hope, this GEM ends at 0.0001
There is no podcast at this time, no news today once again.
Just another groundhog day at RNVA thus far.
Thanks George. I now suddenly feel like today has a chance.
Yikes, just logging in.
Anyhow, thru all the polarizing political noise we all seem to have common ground in questioning and wanting to know WTH is going on with Rennova right now?
GLTA
Bingo.
TN State politics seems to work at a really slow pace for some reason.
I'm pretty sure It's just a matter of time here
We heard from him a couple weeks ago thru a couple of 8k's. Clearly they are active behind the scenes an not MIA some want us to think.
And while I really hope we get a good official update very soon, we wont if they are still in talks with Government officials what can be said until finalized.
What i want to know is what high level actions are going on with the company and government. This should be the local medias job. They broke a story a month ago with CD and no follow up of any kind in a month? During an emergency? C'mon???
Again, the Federal emergency rollout started just over a week ago. Whatever discussions now are likely between the State reps,and CD
It's the silence from the media is bizarre. Shouldn't they be following the story and looking for updates as a priority?
Seriously whether the news is good or bad or stalled, what are they doing? They knew a month ago big ownership changes where in the works.
Local media silence on Rennova for a month.
Very odd when you consider healthcare should be front page news?
Thank you for the updates. Keep em coming please.
JRMC open huh?
I would assume we hear something from the company this week. An update is overdue to all stakeholder with all the shuffling of pods, politics and 8K's behind the scenes.
GLTA
As long as you can tell us Rennova operating at full capacity soon and our families will be safe, then it is all good.