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Come on down you beauty... I'm waiting on the bid.
$GTHP
I'll buy all of the float if it gets there.
something to note from the article:
The above mentioned CFDA approval will be a big catalyst, as it opens up the door to some Chinese royalties. The major one, however, is the FDA nod. When this hits press (and we think it is a case of when, not if) then the company could run to the tune of treble digit percentage points in a very short period of time.
Ah forgot Monday is MLK day... anyways MOON$HOT tuesday!!!!
$RNVA!!!
$$$$NEWS MONDAY$$$$
http://ihoneida.com/2017/01/13/sale-of-scott-county-hospital-completed/
$$$$$$$$$RNVA
You absolutely have no idea what you're talking about.. hospital they are buying is not in Miami. Go check it for yourself.
Wait till the NEWS hits after hours.
No problem! GLTU!
No idea.. I'm thinking at least .20+ tomorrow if the news comes out.
No, they're just buying the hospital that was generating $12 million in unaudited revenues per year.
Tony Taylor, CEO of Scott County Hospital, told 10News that the bill of sale to Florida-based Rennova should be signed on Friday.
$$$$$$$$$$$$
http://hive105.com/Hive%20105%20News/2016-12/2016-12-23_Bankruptcy_Court_Approves_Sale_of_Local_Hospital_to_Florida-Based_Rennova_Health.htm
Bankruptcy Court Approves Sale of Local Hospital to Florida-Based Rennova Health
Jackson, MS (2016-12-23) Scott County residents received an early Christmas present Friday, when a federal bankruptcy judge cleared the sale of the former Pioneer Community Hospital of Scott to Florida-based Rennova Health. The facility could reopen as soon as April 2017.
On Friday morning, US Bankruptcy Court Judge Neil P. Olack of the Southern District of the Mississippi signed the order that authorized the sale of all local assets of Pioneer Health Services of Oneida, LLC to Rennova Health, Inc. of Florida, a diversified company that provides lab services to other healthcare institutions, along with medical billing and record management software solutions. While the company has a long history in the medical industry, it doesn’t own any other hospital, nor has it ever operated one.
Per the order, the bankruptcy court authorized the sale in spite of several objections by creditors of Pioneer Health Services, Inc. of Magee, MS, which filed for Chapter 11 Bankruptcy in late March of 2016. In the asset purchase agreement between Rennova Health and the Pioneer Heath Services, Rennova has agreed to pay up to $450,000 of current liabilities on the local facility, which is largely debt owed to First National Bank of Oneida, which gave Pioneer Health Services a loan in 2015 to make renovations and repair structural problems with the aging facility. The assumption of the First National debt is being handled outside the purview of the bankruptcy proceedings because the loan was made to a subsidiary of Pioneer Health Services, which was not included in bankruptcy filing. Since First National Bank holds a Deed of Trust on the real estate, the debt must be satisfied and the lien released before the rest of the transaction can be completed.
In addition to the First National lien, Pioneer Health also owes the Internal Revenue Service more than $500,000 in back taxes. While the lien was against the hospital operations, and not against the real estate, the parties have agreed that the IRS will not interfere with the sale of the facility, provided proceeds from the sale will be subject to the same encumbrances—namely the $600,000 in cash Rennova has agreed to pay to consummate the transaction.
In addition to those monetary considerations, Rennova has also agreed to satisfy other debts and assume other obligations to complete the transaction.
While the court has cleared the way for the sale of the facility, the transaction isn’t expected to be complete until January 6, 2017. If the transaction is consummated, it could reopen as early as April; however, there are many regulatory compliance issues that must be met. At the behest of the state, the facility’s operating license has been in an inactive status, which will make getting state approval easier. Many departments of the hospital will also have to pass state inspections.
One of the most difficult challenges ahead for financial viability of the facility is getting a new CMS number, which is required for billing Medicaid and Medicare patients, which in the past account for more than 85% of the facility’s revenue. When Pioneer Health Services reopened the facility in 2013, it took nearly six months for the company to get the necessary federal approvals to begin billing those patients—a delay that cost the struggling company hundreds of thousands of dollars in revenues.
Tony Taylor, who was the CEO of Pioneer Community Hospital of Scott has reportedly been offered his old job back by the new company, and is going to lead the team trying to reopen the facility.
MYMX ready for take-off...
$MYMX
300M outstanding 25% of public float, which means the current float is 75M.
Lucky you.
$HAON???
Thanks for the PM. All good. GLTA here.
Shorters paradise!
Wow NEWS out just in time!!!
Did you contact them? Can you share the email response?
Oh ok.. Just multiple the current pence value by 0.0132...
2.28 X 0.0132 = current usd value
1.00 GBX is 0.0132 USD
At the current rate, it's not gonna take long to get there. 0.030096 now...
Oops nevermind... It's 0.02838
AEXFF is currently worth about .0350
Oh wow what happened today??
Let me know what you find out...
It shows up on mine too... So that's a dividend?
This stock is worth .02 according to the current trading price at London... Trading at 1.48 pence today
108k shares changed hands from a bunch of scared sellers to longs... How is that equal to 2.2 billion shares dilution?
Trading solid in London since that last news...
It was solid.. But it still depends on the volume tomorrow.. It's been dead for weeks here.
Tomorrow should be interesting to watch! Patience will pay here.
$AEXFF!
Wow I was almost gonna put 5k in this POS!
I didn't know that 50M dump at .0003 was to buy those tickets to Maui. Nice!
Did you see today's news?
NEWS OUT!!
http://m.londonstockexchange.com/exchange/mobile/news/detail/12841806.html
Kiliwani North Update
Aminex PLC (LSE: AEX), is pleased to provide the following update on gas production from its Kiliwani North Development Licence in Tanzania.
Highlights:
· Commissioning of the power generation system and other auxiliary facilities has been completed.
· Commissioning of the gas plant and sub-sea pipeline commenced on 1 June 2016
· On 2 June the first Kiliwani North-1 ("KN-1") gas was processed and entered the pipeline system connecting the Songo Songo plant with the national pipeline.
· During the commissioning, gas rates are planned to increase to 30 mmscfd while pressuring up the plant and pipeline.
· Aminex and its partners have invoiced TPDC for both April and May gas production in accordance with the terms of the signed Gas Sales Agreement.
As previously advised, all gas produced during the build-up to full production rates will be paid for under the terms of the agreed Gas Sales Agreement signed with the sole buyer, Tanzania Petroleum Development Corporation ("TPDC"). Aminex will receive US$3.00 per mmbtu (approximately US$3.07 per mcf). The gas price is not linked to any commodity price so importantly is unaffected by current commodity market conditions. The gas delivery point is at the outlet flange of the Kiliwani North wellhead and, by selling the gas at the wellhead, the joint venture partners will not be liable for pipeline transportation and processing fees.
Initial production rates remain carefully managed to allow for testing and commissioning of the gas processing plant and pipeline, while recording critical pressure and flow rate measurements to determine the optimal flow rate to maximize the life of the reservoir. Together with TPDC the Company plans to conduct a well test during the production build up to determine the optimal flow rate. It is this optimal flow rate that will become the Commercial Production Rate and the Company intends to flow gas at this rate for as long as possible prior to a natural decline in production. Based off initial pressure response from the Kiliwani North 1 well it is expected that the well will be tested closer 30mmcfd (approximately 4-5,000 barrels of oil equivalent per day gross)
KN-1 has booked contingent resources (2C) of 28 billion cubic feet gross. Aminex expects to book reserves for Kiliwani North later this year.
Jay Bhattacherjee, CEO commented:
"We are pleased with the progress made so far at Kiliwani. The well has been performing very well and commissioning is so far on schedule. The Company continues to focus on delivering production growth through Kiliwani and driving its appraisal and eventual development programme at Ruvuma."
This will definitely move. I'll wait it out. That 1M volume last week says it all.
$10-$15 million revenue possible! Production has already begun.
$AEXFF
This stock is heavily shorted.