Rennova Health Inc (RNVA)

[lowtrade]

Long good, imo

It's not about the new hospital but the new dilution. The new hospital will show business plan execution. (great) How they keep getting retail to buy their continued debit conversion is the question.

as of November 9, 2018 shares

Convertible debt 269,272,606
Convertible preferred stock 194,943,417
Total; 464,216,000[/quote]

AND NOW WE SEE THE MANAGEMENT CONTINUE TO DILUDE, $1,240,000 cash just raised in todays form D.

And who the hell has been buying the above 11.4 mil, volume between .025 & .01 cents, traded the last 7 days ????


I continue to be unable to understand the logic of what is happening. These numbers are not only hurting retail, but company management !!! And unless angle investors are converting below .01 post split, they are also cutting their own necks.

The entire mystery is what are the conversion price levels. ??? Lets say 50% below 10 days average daily value of .0175, or .009 cents.

That adds 138 mil to OS for $1.24 mil cash in todays form D.
7 day post split volume 11.4 mil. Someone tell me how they expect to continue selling 127 mil; to completely hate filled retail unless a run drags their greed back in ???