Marsha, Chris, Seamus figure it out and get this hospitals up for heavens sake.

No reason not to be working together right now

Might be. They cant split anytime soon

Penny. What is the date? What is the ratio? Have they given 20 days notice to review proposal? How long after until the send request to FINRA?

Still no Def 14-C, that will trigger the 20 day shareholder review period.

Ironically, Corona might actually be the catalyst that gets this GEM off the ground. Maybe it can still be the GOAT penny stock? LOL

Wow.... look at it drop!! LOL This Corona crash is killing this stock!! LOL

Overall market was halted earlier. Now back to RNVA 0.0001 shenanigans

Another groundhog day Penny

NO reverse split and NO BK.... But why??? LOL

We now need:

A deal confirmation from CD and SO

JRMC reopening

CMS reinstatement with push from Fed's

Full stocked hospital

Given the 8k changes, you could suggest the Company now has some type of path forward.

Also wouldnt be shocked to see the Feds already involved to provide necessary supports to get the hospitals up for emergency needs.

No more time for playing around.

No they could still toxic finance if they wanted to try following the split.

But I dont see it working with any impact without a major run-up in share price. Also dont see them doing it for other reasons.

The split is likely on hiatus until it can be used to help them achieve compliance

Actually there is no RS coming anytime soon if you understood the 8K.

But i'm sure you actually know that given how many times you've seen the process and it has been explained

Or you are just reading what you want.

No George, if CD now has majority thru preffered shares he can become the shareholder approval just like SL was

But inevitability the paperwork process plus 20 day notification, plus FINRA submission leaves us a ways off from seeing anything happen soon

Who knows what the price will be when they finally go thru the lengthy process to the paperwork submitted (min. 1 month away). We are basically maxed in the midst of a negotiation amongst other important happenings in healthcare

They haven't tried to make significant money thru the market in over a year. I have strong doubts dilution is even the main goal with this split, but they will want to raise cash here again. Good time to fuel a run for themselves and to create interest

Inevitably we have a good window for a run here here with lots going on behind the scenes an no split approved.

GL

Lenny, It pretty much puts to bed any BK ideas in the near future. They clearly have plans to stay active.

Also no split until 20 days following a DEF 14C. So we have time if the run some good news with the CD deal

Woah so sweet, No split coming anytime soon whatsoever. Now full confirmation

With shares basically maxed lets get some good news so they can use split later for compliance

Let's GO Rennova.

The cases are likely much higher then anything close to what is reported as the amount of testing has been lacking. (Rennova could also help here)

But in general most people unless vulnerable wont go to the hospital for flu like symptoms and many people experience almost no symptoms at all so they are walking free and un-diagnosed.

To protect the elderly and vulnerable as this spreads it would be critical to have these hospitals open to prevent deaths thru the peak. Pretty sure they will want these open and fully operating immediately for spill over as well as he locals.

Understatement

No questions about it. The Governments now officially need these hospitals open,stocked and fully functioning immediately. Not just for the smaller communities but for spill over in case of emergency volumes elsewhere.

Remind me, does Rennova have approved labs that could be of high value right now? Could be a game changer in this climate.

What a time to be negotiating debt clearance and ownership transfer. Really. Lets go CD and SL. Make it happen

Thanks. I combined your link with the George except and stickied.

Most relevant piece of info right now

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 26, 2020, Christopher E. Diamantis resigned as a director of Rennova Health, Inc. (the “Company”). In submitting his resignation, Mr. Diamantis did not express any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. Diamantis had served as a director since November 2, 2015 and previously served as a director of Medytox Solutions, Inc., a predecessor of the Company, from April 24, 2013 to November 5, 2015.

As a result of previously-announced payments Mr. Diamantis had made on behalf of the Company as well as additional advances, the Company owed Mr. Diamantis approximately $20.8 million as of December 31, 2019. The Company and Mr. Diamantis are currently negotiating the cancellation of such indebtedness in exchange for shares of a to be authorized class of preferred stock that would provide Mr. Diamantis with more than 50% of the voting power of the Company’s capital stock. The Board of Directors of the Company believes it would be in the best interests of the Company and its stockholders and has authorized the exchange, subject to final documentation. Since December 31, 2019, Mr. Diamantis has made further advances to the Company aggregating approximately $1.5 million.



https://www.otcmarkets.com/filing/html?id=13954841&guid=HjaCUKvGnZ4WN3h

Pandemic is here. Hospitals have to be functioning in preparation

Tick-Tick

Get it done Gents

Actually close to CD clearly debt and a change in controlling ownership if you are following the latest events

Furthermore they have not been raising relevant money thru market for over a year not can they at this price.

You likely wouldn't get that answer for quite some if they filed BK

For one there would no longer be a Rennova as the assets would be sold off to highest bidder and there would be no chance for these hospitals for some time.

Remember these hospitals already went the BK, and that is not what seems to be going on here in any way IMO

Also a good sign we are close.

I have seen accumulation phases span over 5 years before but I dont see that here

The hospitals need to be open and functioning now. Period

CD and SL are currently in talks to clear the runway

No idea when?, but i can almsot guarantee wont be that long. The impacted Communities, Federal Government ,and Shareholders are watching and waiting

Let's GO Rennova. Time to deliver

If CD clears debt to start up the new integrated company, we should all be thankful of the path this company chose.

Sure looks like this may be the plan and the hospitals need to be open and fully functioning immediately

Lets GO Rennova!

No doubt. It past time to show up up with some significant results for all stakeholders.

Better chance for success now then ever. No split or toxic dumping in over a year. Deal in the works to clear debts.

Extreme dumpers wouldn't be glued everyday or devoting such a good chunk of their lives if they really thought it was the end.

Let's GO Rennova. Get that update out

Drop the pod!

I kid.

But seriously let's get an update with an agreement and finally get some decent healthcare for the residents

Cmon Seamus and CD!

George changes his mind almost as much as rural Tennessee changes it's hospital owners

Shouldn't be too long. As you can attest the urgency is very clear right now

It is likely brighter then you know.

This ownership seems very interested right now, unlike the others in the past

Also the Feds want to see rural healthcare functioning right away and pressuring this company directly.

Amongst many other things thing have changed in favour of the operators once they have a clean slate the CD and the board are ironing out.

The past is the past and has always been dark. I see the light starting to peak out. And im not just talking about the stock

Fact is we are on the verge of a big change in ownership and debt reduction.

Only big news will help us George. I'm good with my 1's until then.

I'll buy your fear

What a fearful beating. Betcha the markets close back near green tomorrow

What stock selling scheme? That has now failed too. They haven't sold more than $1 million in stock for over year. LOL

So here we are:

* CD wants to clear debt and own this 'failed' model
* CMS Insurance and Federal grants are more favorable then ever
* Feds and all local politician and media friends have their eyes all over the Company next moves
* Feds need to see these hospitals and labs open now for both election optics
* Hospitals and lags need to be open not only for the greater good of the communities but for virus emergency preparations

What an interesting time.

Glad we have a bit of clarity that the labs are being integrated in Tennessee and are still approved, the initial question I was pondering remains...

Will Rennova see revitalization of its labs thru the recent government action?

https://www.whitehouse.gov/briefings-statements/remarks-vice-president-pence-coronavirus-briefing-diagnostic-lab-ceos/

If so, this could change the road back to profitability big time. Just look at the swing in profits to loss from 2014 to 2015.

Income (Loss) from operations
2014- 15,654,994
2015-(44,233,007)
https://fintel.io/doc/sec/931059/000101968716005919/rennova_10k-123115.htm

The recent statements and actions out of the Feds is exactly why I was questioning the importance of the labs last week, while all the focus currently is still on the hospitals. It is worth the discussion.

Thanks Ferd, while that doesn't give the diverse coverage across the US, these labs will be ultra valuable for the company and State beyond the synergies should the insurance be coming back

Just like JRMC, everything about this company rides on the coverage it will receive