Rennova Health Inc (RNVA)

[Backstabbed]

$RNVA 10Q filed on Friday! $14.8M received in cash funds so far!

Also, CD exchanged $18.8M in debts for preferred shares! Confidence from insiders! Solid reason to load up!

Subsequent to March 31, 2020 and through July 15, 2020, we received approximately $2.4 million from the Paycheck Protection Program and approximately $12.4 million from Provider Relief Funds from the United States Department of Health and Human Services. On June 30, 2020, we entered into an exchange agreement with Mr. Diamantis, a former member of our Board of Directors, wherein we exchanged the amount owed to Mr. Diamantis for principal and interest on that date, which totaled $18.8 million, for shares of the Company’s Series M Convertible Preferred Stock. Each of these financing transactions is more fully discussed in Note 19 to our accompanying unaudited condensed consolidated financial statements.

https://www.otcmarkets.com/filing/html?id=14277276&guid=uWyFUnIzQoOHx3h