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And no volume today.
I like this stock , how come no one else does?
Here Here ! More eyes are needed
gry# and cyd^ are a couple that I like the looks of and of course GOHE
I like some of your stocks , gave you a follow mark
Just thought I'd shake the bushes a little and someone followed with more volume , maybe that's what it took to get a rolling
just for sheets and grins with a very tiny amount I got it moving again LOL
Slapped that ask
Well news yesterday was expected but you never know. It was supposedly needed to kickstart their "new operations"
We wait...
MORE NEWS !
Black Box Corporation (NASDAQ:BBOX), a leading digital solutions provider, announced that it has entered into a definitive agreement to sell its Federal Government IT Services Business (the “Federal Business”) to a private equity firm for a cash purchase price of $75 million. The buyer has agreed to purchase 100% of the equity interests of the Federal Business on a debt-free, cash-free basis. Consummation of the transaction is subject to customary closing conditions and the parties anticipate a closing on or before August 31, 2018. Raymond James & Associates and Jones Day are representing Black Box in this transaction.
As previously disclosed, the Second Amendment dated June 29, 2018 to Black Box’s Credit Agreement dated May 9, 2016, as amended (the “Credit Agreement”), requires that Black Box satisfy certain milestones related to the sale of the Federal Business, including the execution of this definitive agreement and the consummation of the sale by August 31, 2018 (subject to extension by the Agent under the Credit Facility). The net proceeds of the sale of the Federal Business, after fees, costs, expenses and accrued interest under the Credit Facility, will be used to pay down all outstanding indebtedness under the new $10 million LIFO senior revolving credit facility, which will then remain available for future borrowings (subject to continued compliance with the Credit Agreement). The remainder of the net proceeds will be used to pay down other indebtedness under the Credit Agreement.
While the entry into a definitive agreement for the sale of the Federal Business is a significant milestone for Black Box, the Company also remains focused on exploring all other strategic alternatives with the assistance of Raymond James and Jones Day to address its liquidity needs including, among others, refinancing, restructuring and the sale of some or all of the remaining businesses of the Company. This process reflects the continued commitment of the Board of Directors of the Company to act in the best interests of the Company and to maximize value for the Company’s stockholders.
While the Company is working expeditiously to consummate the sale of the Federal Business and on other strategic alternatives, there can be no assurances that the sale of the Federal Business will be consummated or that the Company will be able to consummate any other strategic alternatives.
As previously announced, the Company will release its first quarter of Fiscal 2019 financial results on Monday, August 20, 2018. The Company plans to issue a press release announcing its results before the market opens. A conference call will follow at 9:00 a.m. Eastern Time, hosted by Joel Trammell, President and Chief Executive Officer of Black Box Corporation.
quite an intra day jump there a little while ago
Thank you for all your information, much appreciated.
bunch of news yesterday,
https://ih.advfn.com/p.php?pid=nmona&article=78069778
https://ih.advfn.com/p.php?pid=nmona&article=78069673
filing will be late :https://ih.advfn.com/p.php?pid=nmona&article=78069307
Now that's funny
Gave you a follow mark just for hanging out with me LOL.
I'm just going to keep talking to myself until we get some posters here on BBOX..
news this morning and price going up.
I think next quarter we'll start seeing some results of the additional income from billing of medicare and medicaid.
Wish I could help you more , need more eyes here IMO
Everyone seems to think this report will be good, revenue won't really show up on that quarter will it? I think it's the next quarter we'll see the big jump.
All in my opinion.
I think this is worthy of a repost
RENNOVA HEALTH ANNOUNCES THAT JAMESTOWN REGIONAL MEDICAL CENTER HAS RECEIVED ITS FIRST PAYMENTS FROM MEDICARE AND OTHER PAYERS FOR SERVICES PROVIDED
Download as PDF July 30, 2018
WEST PALM BEACH, Fla., July 30, 2018 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTCQB: RNVA), (OTCQB: RNVAW) (“Rennova” or the “Company”), a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers that acquired Jamestown Regional Medical Center (JRMC), its second rural hospital in Tennessee on June 1, 2018, announces today that on Friday July 27, 2018, JRMC started receiving payments from Medicare and other payers for services provided.
JRMC offers a 24-hour Emergency Department with two spacious trauma bays and seven private exam rooms, inpatient and outpatient medical services and a Progressive Care Unit which provides telemetry services.
As previously announced, on June 29, 2018, JRMC received confirmation from the CMS Regional Office (Centers for Medicare & Medicaid Services) that its CHOW process had been completed, thus enabling the generation of claims to payors for services rendered. Receipt of the first payments on Friday marks an important milestone for Rennova, and the anticipated regular collections going forward are expected to end the significant cash requirement to carry the hospital’s monthly costs. Initial payments received are from Medicare and demonstrate the organization of JRMC’s billing process. Rennova estimates that approximately 60% or more of the hospital’s patient base at this time is covered by government payors.
”This is a very significant milestone for our Company,” said Seamus Lagan CEO of Rennova. “To start and receive payments in this timeframe is testament to the effort and efficiency of our team and will reduce the strain on resources and other parts of our business that was experienced through the change of ownership process. The next milestone is to have a positive and profitable cash flow at this facility and we expect to cross this milestone in the next couple of months.”
Jamestown Regional Medical Center’s annual net revenues in recent years have been approximately $15 million, with government payers including Medicare and Medicaid accounting for in excess of 60% of the payor mix. Rennova does not expect that payor mix to change significantly in the near future.
Like I said it's all good !
I'm like you I'd probably add but would rather just see it start going north right now. LOL
I could've written your post as myself here's to both of us on BBOX
I'm still on your side but just thinking out loud .
Has everyone gave up on this ticker ?
I have to ask, Sandra, why you keep posting you have bids in way under current price and you seem to keep advocating you will buy at a much lower price.
Seems to me that would give new eyes on this board cause to wait for a lower price.
Kind of wished I would've waited instead of buying back a few weeks ago....guess I should have waited for 55's , 0031's etc. , why buy now?
Your enthusiasm prompted me to look at this in the beginning.
Sure wish CANT could sell his ask
About all the bio tech plays I've been following are trending the same. But in the near future I think these will pop with the right products and guidance.
IMO , RBII is one of them.
Yeah I'd be happy with that right now.
Where oh where did these 50 cent predictions start coming from.
I would love it but sure don't see it.
Answers anyone ?
part of your post
" We just need 30% gains each day for about 3 weeks with little retracements occasionally due to profit taking for those who got lucky and found bottom "
Yeah how nice would that be ?,
here here!
I should have sold at 06 could've doubled my small amount, Averaged down since then a hair under 02.
Not putting anymore in until I see a solid reversal. Have more than I wished I had now. LOL
VDRM still here
Just a nice video here about RNVA ;
It's funny , us OTC players do seem to run in similar circles and stay aware of other stocks in those circles.
Always watching for the next OW(P hahaha.
Good luck to us all in VDRM
Your opinion is noted
VDRM a runnin
agreed !!!
if you bought all shares traded to day you made 520 bucks , good for you .
thanks !
GLTY and us all in CACH
Gave you a follow Sandra , been watching your posts and kind of got in here by reading you . I'm staying and sure won't blame you if it fails but I do like your style and have become a believer.
Been here a few weeks and am hoping to average down on the belief it will go to silver.
Just hit the 9's filled as soon as i hit the button LOL
Imight as well change it up as it shouldn't matter in a couple months , this will appreciate in value IMO