Rennova Health Inc (RNVA)

[Marauder65]

1-5,000 death REVERSE SPLIT. Get out ASAP..

https://www.otcmarkets.com/filing/html?id=13157510&guid=BZgtUW6VDUY1L3h

Dear Stockholder:



We are furnishing this notice and the accompanying Information Statement to the holders of shares of common stock and Series F Convertible Preferred Stock (the “Series F Preferred Stock”) of Rennova Health, Inc., a Delaware corporation (the “Company”), for informational purposes only pursuant to Section 14(c) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations promulgated thereunder.



The purpose of the Information Statement is to notify our stockholders that effective on September 19, 2018, Seamus Lagan, our Chief Executive Officer and President, and Alcimede LLC, of which Mr. Lagan is the sole manager, the holders of 53,368 shares of common stock and 250,000 shares of the Company’s Series J Convertible Preferred Stock (the “Series J Preferred Stock”), which votes with the Company’s common stock and the Series F Preferred Stock, with each share of Series J Preferred Stock then having 12,000 votes, representing 50.4% of the total voting power of the Company’s voting securities, approved by written consent in lieu of a special meeting of stockholders the following proposal, which had previously been approved and recommended to be approved by the stockholders, by the Board of Directors of the Company on September 19, 2018:



Proposal 1 : 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-100 to 1-for-10,000, 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 30, 2019, subject to the Board of Directors’ discretion to abandon such amendment.