Rennova Health Inc (RNVA)

[lowtrade]

Naz lowest tier, lowest requirements.

Nasdaq Capital Market, Net Income Standard

Minimums

Market Value $5 mil
Publicly Held Shares 1 mil
Bid Price $4

To get market cap of $5 mil, the price needs to be $5 with 1 mil OS. So lets increase the OS to 1.25 mil x $4 = $5 mil market cap.

Now we're shooting for $4.00 bid price and 1.25 mil OS.

Going to use ballpark numbers.

If the OS is 22,855,000 (say 23 mil) after dilutive effect number I posted. Then the reverse split should be 1 for 20 to get OS at 1.15 mil. (say 1.25 mill)

Now to reach $4.00 with a 1 for 20 reverse split the stock bid price need to be 20 cents. .20 x 20 = $4.00

This means for the CEO and company to reach their up listing goal they need to get stock price to 20 cents and have OS @ 23 mil. Then R/S at 1 for 20. NOT 1 for 10,000.

Actually there is NO possible way to up list if the company reverse splits 1 for 10,000 because the market cap and OS numbers will be so far from reachable it's CRAZY.

And IMO there is no way the company is doing what it is; to stay on the OTC pinks !!
So ALL logic says there will NEVER be a R/S of 1 for 10,000 or anything close!!!

Examples:

So there's a reasonable break down to up list for RNVA
1 for 20 split with pre split
23 mil OS and 20 cent stock price.

All this will need to be re-adjusted if the OS of 23 mil is wrong. Say the OS is 300mil, the R/S would need to be 1 for 200 with 2 cent stock.

The key to everything is what will the OS be when next reported and the dilution ends?

Worst case 300 mil (George) stock runs huge 2 cents. Best case OS 23 mil (me) stock runs huge 20 cents.

Expect a run?
It's all in the numbers !!!