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Re: Ferdenando the Bull post# 91018

Saturday, 03/07/2020 12:03:19 PM

Saturday, March 07, 2020 12:03:19 PM

Post# of 172798
Glad we have a bit of clarity that the labs are being integrated in Tennessee and are still approved, the initial question I was pondering remains...

Will Rennova see revitalization of its labs thru the recent government action?

https://www.whitehouse.gov/briefings-statements/remarks-vice-president-pence-coronavirus-briefing-diagnostic-lab-ceos/

If so, this could change the road back to profitability big time. Just look at the swing in profits to loss from 2014 to 2015.

Income (Loss) from operations
2014- 15,654,994
2015-(44,233,007)
https://fintel.io/doc/sec/931059/000101968716005919/rennova_10k-123115.htm

The recent statements and actions out of the Feds is exactly why I was questioning the importance of the labs last week, while all the focus currently is still on the hospitals. It is worth the discussion.



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