Rennova Health Inc (RNVA)

[joh64]

This paragraph wan in SEC filling on Aug.23 ,2018:

Proposal 2: To approve an amendment to our Certificate of Incorporation, as amended, to effect a reverse stock split of all of the
outstanding shares of our common stock, at a specific ratio from 1-for-200 to 1-for-500, and to grant authorization to our Board of Directors
to determine, in its discretion, the specific ratio and timing of the reverse split any time before September 1, 2019, subject to the Board of
Directors’ discretion to abandon such amendment.
IMO, they added this option, because they are not in hurry to do RS in the next 6 months. Also they could cancel it at an time, because of that I think RNVA will skyrocketing in the near future.