Rennova Health Inc (RNVA): I like the optimism, and not necessarily...

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Rennova Health Inc (RNVA)

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Re: powerbattles post# 9540

Saturday, 03/10/2018 3:14:43 PM

Saturday, March 10, 2018 3:14:43 PM

I like the optimism, and not necessarily disagreeing, but these are distressed hospitals, so good news/bad news:

Good news: They are for sure getting good deals on them

Bad news: Why are they distressed? Hopefully, they are poorly run, and this can be turned around quickly. But, what if it is tied to demographics (rural)? Or some bigger issues which are harder to turn around. I will be looking at profit numbers from their new acquisitions closely.

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