Rennova Health Inc (RNVA)

[benandemmiboo]

The new financing update suggests they have $35000 in cash, around $175000000 in debt, and they continue to lose money on a quarterly basis.
I am in awe of those who managed to make money on this during its last ascent to 2+ cent range. Whenever it dipped, i never had the confidence to hold, as this company seems more bankrupt than those which have already went bankrupt.
Hopefully they will do a reverse split or a few of em after their next financings take them near the 3 billion share threshhold. If they become a low float again, it's much more easy for stock to go up irrationally.