Rennova Health Inc (RNVA)

[Bidsmaker1]

IMO PPS consideration needs to be given to the companies ability to offset revenues in order to reach breakeven which should occur within a year or two. That allows RNVA a real tangible opportunity to strengthen financial statements during this timeframe. I expect the need for toxic financing to decease as this occurs. I am not expecting a miraculous turnaround but once the business operating model can prove it is not only sustainable but growing then other areas such as joint ventures, acquisitions, etc. should open up which in turn further strengthens the company. The intended spin offs will help as well.

I do believe the RNVA objective will be to move the company back towards an uplisting to NASDAQ which may include additional rural hospital acquisitions after cash flow stabilization. At this point it is difficult to say what the time frame actually is since the Tennessee Governor and Federal level political establishment does not seem to be supportive of government programs assisting low income. Its a challenge and we shareholders will need to stay on top of what management is actually doing.

Having said that, look to asset based valuation first then at cash flow models.