Rennova Health Inc (RNVA)

[hondaboost]

Wow, RNVA, from $2.9 to $0.2? As of August 3, 2017, the registrant had 15,926,247 shares of its Common Stock, $0.01 par value, outstanding.

So, the current O/S are around 1 million shares after 1 for 15 R/S on Oct 6.

Now, it did financing to get Proceeds from the Purchase Agreement are expected to be $4,000,000. This means its shares are valued at $4/share, while the pps are only $0.23, Extremely undervalued.

Furthermore,

2017-10-06, RNVA, $2.97, volumes: 324,168.

Huge bouncing back to $2-$3 soon!