Rennova Health Inc (RNVA)

[Bidsmaker1]

I agree. I don’t really think not filing on time on it’s own merits would be sufficient to enact a deficiency determination however if you combine the number of previous reverse splits and several questionable actions approved by the board of directors I do feel that in the interest of protecting shareholders FINRA may closely look at Director actions that result in a fraud upon shareholders and investors which is actionable under federal (and state) securities laws. Both the state and federal securities regulators are charged with preventing fraud on the markets and protecting the integrity of the trading markets in general.

The release or lack thereof of quarterly financials will be interesting particularly in light of the pending reverse split and the timing as it relates to either a FINRA approval or a FINRA deficiency determination.

It would seem that RNVA is at a crucial point

I personally think that if possible file bankruptcy to reorganize debt but I am pretty sure the toxic lenders have made that very unattractive. RNVA still have some 3 billion shares to work with but something is causing the present lack of retail trading. We shareholders just have to wait and see what it is