Rennova Health Inc (RNVA)

[lowtrade]

Been trying to find the debit conversion price for some time. Couldn't locate original Senior Secured debenture until today.

https://www.sec.gov/Archives/edgar/data/931059/000149315217010881/form8-k.htm

September 19, 2017

Original Issue Discount Convertible Debentures due September 19, 2019


The Debentures may be converted at any time at a conversion price equal to $0.26. The Debentures begin to amortize monthly commencing on the earlier of the 90th day following September 19, 2017 or the effective date of a registration statement covering the shares of Common Stock issuable upon conversion of the Debentures. On each monthly amortization date, the Company may elect to repay 5% of the original principal amount of Debentures in cash or, in lieu thereof, the conversion price of such Debentures shall thereafter be 85% of the volume weighted average price at the time of conversion.

Todays VWAP was .0014

Q3 2018 Sept 30
There were 464 mil warrants, 214 mil debit, 68 mil preferred available for conversion.

753,000,000 / 500 (Nov 12, 2018) spilt = 1,506,000 shares post R/S. Now all that's needed is what's the numbers for the Nov 8th $1,240,00 funding round? That needs to be divided by 500. And we should be in the total dilution ballpark.