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Oh, ok...cool!
Whoa! Whoa! This is the USA, not a Communist country. When last does sharing an opinion in a public forum became "arrogant?" Please let me know.
I have said it here on numerous occasions that the current pattern of this ticker reminds me of past/prior patterns. I'm afraid based on my experience that we will get a RS notice very soon. I have nothing to gain from speaking the truth about my experience with this ticker. I don't believe that the CEO is ready for prime time.
Go Shiba Inu!
I just hope you are right. I have been here long enough to know the difference.
You have a point, because the board will become empty after the RS notice is posted. It appears the recent jump was to entice new investors. The RS notice will soon follow after the BS. I do believe one way or the other investors will have the last laughs. Good luck!
I want to be wrong, and hope that I'm wrong. But the current pattern is making me feel uneasy with this ticker. I'm just exercising a guarded optimism.
I have been here long enough. You will begin to see the can being kicked down the road concerning when the PPS will move upward, only to be surprised with a notice of RS. I have seen that happened here a few times. Things are not looking good based on my experience.
Yes, we are making progress. You have to understand we're in a bear market. The stage has been set with the latest developments with the Shib Inu's ecosystem. Most importantly Shiba Inu is backed by the people. Please hold your applause until when and after we enter the bull market. Thank you!
Good luck!!!
This is the most active group I have seen in over 2 years! My best wishes and good luck to all!!!
I'm thinking it's around the corner. It's deja-vu when I read the comments on this board. The comments remind me of the time before the announcement of our last RS. This board was extremely active prior to the announcement. It will all change as soon as the RS hits.
Good luck!!
Great! I will be the first to come on here and praise the CEO if I see otherwise. But I remain a skeptic for now.
I like your statements/questions, "There are a lot of voices in the gallery who criticize our CEO, lambast him even! But how many can lead an organization to produce MILLIONS in annual revenues??? How many?"
I believe everyone should know their lane. I'm an investor, and I invest for a return. The CEO should know how to lead the organization, and that's why I'm investing in his company. If he can't, he should relinquish leadership in my opinion, instead of misusing my investment. Again, it's my choice to invest, I know. I will definitely quit when I recoup my investment.
I appreciate your questions and good luck!
Hey LGTR, like some, I tried to give the CEO the benefit of the doubt by thinking that I would be able to recoup what I have lost by maintaining my RNVA investment. But, the current pattern seems like same ole, same ole or business as usual.
When I first came onboard 5 years ago, the anticipation was very high almost like now. I believe they had just bought one of the medical centers in TN, and we were thinking he was ready to take RNVA to another level. Not too long after that, we had the COVID 19 pandemic. Some of us thought at that time that the COVID 19 federal grant would have helped but you know the story if you were here at that time (Nothing happened!). So, you see my frustration with this CEO? Again, I want to be wrong and hope that I'm wrong. Just this time, I am shinning my eyes well, well!
Again, good luck!!!
I have said it before and I will say it again. It's all too familiar like the times before previous RS when the CEO of RNVA will tease new investors with 2s, and then run the volume is the billions, then millions, and then hundreds...Bam! Notice of RS! I have seen this pattern several times before. This CEO can't be trusted based on past experience. Shine your eyes!
You are on point Lime. I'm just praying to recoup my losses and then get out of here. This CEO is a crook!
Thanks Vermit. I hope you are right.
I'm not trying to spread any FUD here. My concerns are based on personal experience and facts from being an investor of RNVA for over 5 years now. The pattern that I'm seeing now does not look promising. It's showing the calm before an RS notice. I just hope I'm wrong. The CEO can't be trusted. I'm here to recoup my initial investment and ruuun!
Good luck to All!
I started investing in RNVA shortly after descending from 0.0002 to 0.0001 a few years ago. After that it traded sideways at 0.0001 for several months and then we started receiving back to back RS notices. I am seeing a similar pattern here this time and it's not encouraging at all.
This CEO is playing games with investors hard earned money. One who laughs last laughs the best.
Shorts to me do not play fair games.
Longs will prevail one day...Not sure when or if ever.
I hope you are right about "Gotta test that .0002 level first before the big move."
Bone minting and renouncing details
https://blog.shib.io/bone-minting-and-renouncing-in-detail/?ref=shiba-inu-ecosystem-newsletter
I tend to agree with you. I have been here for a few years now, and I see the same pattern year after year after year. Perhaps the recent 2s was a ploy to lure new investors then slam us with a notice of RS.
I feel the same way because I am seeing the same thing that happened on October 7, 10 and 11, 2022, being repeated at this time.
When was that?
I'm watching what happens tomorrow. If we fail to move up then it's business as usual. I'm not sure if RNVA is ready for prime time.
Actions speak louder than. words. Honestly, let's wait and see what happens today and tomorrow.
You could be right, but you have to look at the pattern of the man at the helm. I will be looking at what happens on Thursday and Friday. I hope that I'm wrong.
RENNOVA HEALTH, INC. PROVIDES UPDATE AFTER FILING 2023 SECOND QUARTER FINANCIAL STATEMENTS
Download as PDF August 21, 2023
WEST PALM BEACH, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA) Chief Executive Officer Seamus Lagan recently joined Stock Day host Kevin Davis to provide an update after filing the 2023 second quarter financial statements and other information in its Form 10-Q with the SEC.
Davis began the interview by congratulating Lagan on the opening of a mental and behavioral health facility at its hospital and filing the Company’s second quarter 10-Q on time.
Davis went on to ask about what he saw as a fabulous recovery in revenues and profits and asked Lagan if the revenues of over $11 million and profits of over $2 million for the six months disclosed in the 10-Q was sustainable and further asked what the full year for 2023 might look like.
Lagan stated that he believed the revenues were sustainable and credited the management and employees with a continued focus on running an efficient operation which he expects to remain profitable. He continued to explain that the additional services being provided, and consistent patient volume, could mean revenues in excess of $20 million for 2023.
Davis followed by asking about the expectation for revenues from the recently opened 30 bed facility at the hospital campus by the Myrtle Recovery Centers, Inc. subsidiary, for alcohol and substance abuse services.
Lagan stated that it was good to see the facility opened and repeated that he believed this business would fit well with hospital operations. He went in to say that when operating at full potential this first facility for Myrtle should generate $4 - $5 million in profitable revenues a year
Davis then mentioned the fast approaching year end and suggested that the Company could be leaving 2023 with annualized revenues in the $25-30 million range and be profitable. He asked Lagan how he intended to deliver continued growth and where he saw the Company a year from now.
Lagan responded that the current operations plus the behavioral health business should give the Company an annualized run rate of $25-30 million by year end. He went on to remind Davis that there were still some items to be fixed from previous more difficult days but explained the intention to formulate a plan before year end to duplicate the current model in the Jamestown facility in 2024, and stated that if that was successful it would be possible to leave 2024 with annualized revenues of $50-60 million. He confirmed his belief that this was achievable.
Davis ended the interview by asking Lagan what message he would like the Company’s shareholders to take away from the interview. Lagan responded by saying that he believed the Company was now delivering what it had hoped to deliver from work done over the past couple of years and stated a belief that there will be continued success and growth over the next couple of years.
To hear Seamus Lagan’s entire interview, follow the link to the podcast here:
https://audioboom.com/posts/8351331-rennova-health-inc-is-featured-on-the-stock-day-podcast
Investors Hangout is a proud sponsor of “Stock Day,” and Stock Day Media encourages listeners to visit the company’s message board at https://investorshangout.com/
About Rennova Health, Inc.
Rennova Health, Inc. (“Rennova,”) is a provider of health care services. The Company owns one operating hospital in Oneida, Tennessee known as Big South Fork Medical Center, a hospital located in Jamestown, Tennessee that it plans to reopen, a rural clinic in Kentucky and an alcohol and drug treatment facility operated by Myrtle Recovery Centers, Inc.
For more information, please visit www.rennovahealth.com
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company's most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
Contact:
Rennova Health
561-855-1626
info@rennovahealth.com
I will be looking at what happens tomorrow and Friday. If the ticker does not show any improvement, then it's business as usual.
I have been here long enough to understand RNVA.
Ok, we have been down this road before, What to look for on Thursday and Friday this week is a move above 2s. If not, we will follow the same path as what happened in October 2022. I hope not and keeping my fingers crossed.
Good luck to all!!!!
It might be a laughing stock but remember that no condition remains constant. RNVA will its day!
Life is like a clock, today is your time, and tomorrow will be mine.
Good luck to all!
Just wanted to pop in to say hi to my fellow Biellionaires.
Good luck to all!!!
This ticker has a reputation of frustrating its investors, so I'm holding all excitement until I see otherwise. If you go back and look at its positions on October 7, 10, and 11, 2022, on Yahoo Finance, you will understand what I mean. Good luck to all!!
I could be the roof is under fire!!!!
Possibly so, but the Bulls will take over one day. Can you imagine what would have happened if Rome was built in a day?
To be fair to the ticker, we are in a bear market.
About 200 million people trade bitcoin – but only 6 are billionaires.
Business Insider
https://www.businessinsider.com
I'm sure you will make a lot of money with a long term investment when things turn around. JMHO
Good luck!
I see. Would you agree this is a solid investment, at least, long term?
Do you have at least a small position?