Rennova Health Inc (RNVA)

[T-Hawk]

Ah... yes, the old this time it will be different argument.

It very well could be this time is different and not a ploy to dilute and use shareholders as an ATM. But nobody knows with any certainty.... and the CEO hasn't exactly acted on the up and up (backdated 8-k and board votes granting disproportionate voting rights to holders of preferred shares).

If a R/S occurs and is done to facilitate growth (i.e.acquire assets), then I agree the R/S is a good thing for shareholders. If it is being done to help finance debt and offset operational expenses, then it's not a good thing for shareholders.