Rennova Health Inc (RNVA)

[Bidsmaker1]

Irony of why RNVA is a solid play.

Shareholders know all about the last two AS increases.
Shareholders know all about the pending RS.
Shareholders know RNVA generates 2 to 3 million revenues monthly.
Shareholders know about the warrants outstanding.
Shareholders know about RNVA assets.
Shareholders know RNVA keeps requesting warrants be exercised on a monthly basis.
Shareholders know expenses exceed revenues monthly.
And finally, shareholders know that current assets/revenues/AS increase and YES a RS are what will allow RNVA to turn around.

So it's only a question of what the bottom actually is for retail. I previously extrapolated pps at hitting. 00039 before a bounce but that could be to high because MMS are making a 33 percent spread on low volume which normally indicates they will soon need to drive pps up however with a RS in the background they may continue low volume to force a RS at .0001

Either way it matters little for new money since a RS adjusted pps would be shorted and RNVA will continue increasing revenues until its financial picture allows pps to stabilize and eventually to move up.

While I don't like the CEO tactics I do understand what he is doing and why.

The best thing I can say is there is more good involved then bad and it's a real company, real assets, real revenues and solid growth with undervalued assets has a lot of room to go up.