Rennova Health Inc (RNVA)

[japples]

Question....

"Stockholder approval of the proposed increase in authorized common shares plus the ability to enact a reverse stock split is critical for the company going forward," stated Seamus Lagan, President and Chief Executive Officer of Rennova adding "Should any of the company's convertible debt or preferred stock holders elect to exercise or convert their shares, the company currently does not have sufficient shares to meet those obligations."

How will the company meet these obligations without A/S? It seems like they don't think the revenues from the hospitals will be able to take care of debt? Still havn't sold any shares here. RNVA