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Hey is this a dead ticker looks like they closed up shop according to a filing on 3/30/2020 due to COVID-19?
Looks like we’re finally going to get our shares.....
RENNOVA COMPLETES AGREEMENT TO SEPARATE ITS SOFTWARE AND GENETIC DIAGNOSTICS INTERPRETATION DIVISIONS INTO INNOVAQOR, INC. (OTC: INOQ) [UPDATED]
Download as PDF January 06, 2021
WEST PALM BEACH, Fla., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA), (OTC: RNVAW) (“Rennova” or the “Company”), an owner and operator of rural hospitals in Tennessee, announces that on December 31. 2020, it completed an agreement with InnovaQor, Inc. (OTC: INOQ) (InnovaQor) a CO based public company, to merge its software and genetic testing interpretation divisions, Health Technology Solutions, Inc. (HTS) and Advanced Molecular Services Group, Inc., (AMSG) and their subsidiaries into InnovaQor. After closing these entities will operate as wholly owned subsidiaries of InnovaQor. Closing is subject to a number of customary conditions for a transaction of this nature and is intended to happen on or before January 31. 2021.
InnovaQor has previously completed a license agreement giving it certain rights to assets and technology from TPT Global Tech, Inc’s. (OTC: TPTW) proprietary live streaming communication technology. As part of the License agreement InnovaQor and TPT have agreed a development project to create a next generation telehealth type platform. It is intended to combine the TPT and Rennova assets and technology into a smart phone and computer accessible healthcare platform to facilitate a patient’s immediate access to healthcare and their local hospital or doctors office, for initial consultation, scheduling of appointments and follow on care and other added value services that may be one off or recurring.
InnovaQor has agreed to complete the necessary steps and SEC filings with the intent to facilitate TPT shareholders receiving approximately 2,500,000 shares in InnovaQor, and Rennova Health, Inc. shareholders receiving approximately $5M of Preference shares which will be converted to common shares. As described in the agreement TPT will retain direct ownership of a further 2,500,000 shares and Rennova will retain ownership of an additional $17.5M of Preference shares with certain conversion rights and restrictions, in InnovaQor. An additional 1,000,000 shares in InnovaQor will be allocated to TPT or its’ assignees as an incentive to assist in product development.
“Rennova has previously disclosed its intention to separate its technology and software divisions. This agreement with InnovaQor finalizes these plans and the technology being contributed to the project by TPT creates an exciting opportunity to revolutionize the way patients access healthcare and continued aftercare”, said Seamus Lagan, CEO of Rennova Health “We see first-hand the need our rural hospitals have to secure and retain patients. The product envisaged here will create immense value for many health care providers and provide a permanent solution to the current and probably extended reluctance of many people in the current pandemic to visit doctors’ practices and hospitals for initial consultations. A phone based product that reduces a delay in access to healthcare and better manages ongoing care will save lives”
About Rennova Health, Inc.
Rennova operates three rural hospitals and a physician’s office in Tennessee and a physician’s office in Kentucky and provides industry-leading diagnostics and supportive software solutions to healthcare providers. Through an ever-expanding group of strategic brands that work in unison to empower customers, we are creating the next generation of healthcare. 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.
Contacts:
Rennova Health
Sebastien Sainsbury, 561-666-9818
ssainsbury@rennovahealth.com
# # #
Primary Logo
Source: Rennova Health, Inc.
Released January 6, 2021
GM all today is a good day to become a Millionaire....GLTA Lets Go $TSNP
Never said they did, it was a surprise to see it there. But it did move up, so a breakout nope, but a steady move upward yup. GLTY
Let's Go $RNVA
$RNVA and TP*TW both on BoB @ 30 an 29... I was shocked when I seen $RNVA there.
GLTA
Thanks for the update. Have you heard of a date for the RS?
The D should drop 20 days after the RS so that would be 8/23 first trading day would be the 24th, so next Monday we should be back to $RNVA according to the 8k on 8/4
Azart seriously when you go to the store and the cashier screws up do you look at the line behind you and start bitchin or do you call the manager? Well think of IHub as the line and we are telling you your bitchin to the wrong people.
GLTY
Well we made it through the RS, so now that’s not hanging over our heads the question is will it run up or down? We shall see....IMO
GL.....let’s go $RNVA, $RNVAD
It was good to read your thoughts and questions wish you the best of luck and hope to see you on other boards in the future.
Well since this is your opinion why don't you tell us, this should get a laugh
IMHO
On the portfolio page right next to the $RNVA ticker
My E*TRADE account just got flagged that $RNVA will pay dividends on 8/3/2020. Go $RNVA and InnovaQor....GLTA
that would be awesome!!!
I’m right there with you, but do have some major concerns about the AS staying at 10B and the warrants. But now feel the real value is in the Innovaqor shares. GLTY .... Go $RNVA and Innovaqor!!!
Well I’m taking it as a sign of things that are best for me...GL
I figured it out thanks
OK I just tried to put up my shares to sell and E*TRADE is telling me I don’t hav enough shares. Yes I have 29mill till 7/31 @ 5:00pm ET and that’s how many I have..... What’s up with that?
86 out of the last 100 trades have been @ 9999 size....what up with that
Games are being plaid...
Just don't know what to think... GL
Agreed!!!
Ride or die, still in it to win it...$RNVA
Tell them LA....LOL
Pure Guinness they are
Oh no Deaf you better hurry up an Sale, Sale, Sale
Ferd What is a reasonable value?
Agreed
only one thing comes to mind Buy Back
I completely agree, but if he lets it ratchet up a tick or 2 than let it fall back several times that will shack the nervous nellies and he won’t have to announce anything. Than he announces the buy back and the do the RS at the same time...
Everyone is saying this will RS or there is going to be a buy back, what if we entertain the possibility the both are to happen. I mean with Sabby’s assistances I’m thinking they could buy back 6 to 8 billion shares. Than a 20 to 1 to a 40 to 1 RS. This would tell potential new investors we are strong as we have bought back as many shares as the share holders would let us buy back but to get back to the to the Nasdaq we had to do a RS (yeah I know dreamland) but if buy back is best case than this should be a close second, and should be at least discussed....
GLTY ....Go $RNVA
Dead!! OK
I hit a opossum one time and thought it was dead, so I stopped my truck and went to move it to the side of the road and when i tried to pock it up by the tail it tried to bite me and then ran off....
So just because it isn't moving on the outside doesn't mean it's notworking on the inside.....
GLTY $RNVA strong...
Yeah it says "They Sold, HAHAHAHAHA"
When is Q2 due again?
When is Q2 due again?
So Penny what's your point?
Now that would be awesome...GLTY
A dog owner uses a leash to control his dog. The dog can move ahead or fall behind and can even do short runs, but you will never know how fast or how far the dog will run until the leash is removed.
By dog owner I mean SL and leash I mean RS. I mean just cancel the RS....
Go $RNVA
GLTA
Rah rah ree,
Kick 'em in the knee,
Rah rah rass
This thing ain't moving very fast
Lets go $RNVA
Not for sure where everyone is seeing the the NT 10Q was a 5 day extension I see the new due date is 7/15. I’ve reread it and don’t see 5 days anywhere
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
So what ever happened with the letter from CMS to Senator Blackburn...guess that got trumped by COVID-19....we will need CMS on board to get JRMC reopened....GLTY
I hope your right on that, that would be awesome...GLTY
Well I'm probably the only shareholder here that would like to see this. This would mean no RS for 4 - 6 weeks and will allow the InnovaQor deal to finalize and the Share distribution will be based on current holdings and not reduced RS holdings... GLTA...$$RNVA