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Wednesday, 09/02/2020 2:16:03 PM

Wednesday, September 02, 2020 2:16:03 PM

Post# of 190
RNVAW~~will be .50+++,READDDDDDDDDDDD,This transaction combined with the previously disclosed exchange of approximately $18.8 million of debt to Preferred Stock by a previous Director of the Company on June 30(th) reduces debt on the Company's balance sheet by approximately $38 million. "This reduction of secured debt is a significant step in the final phase of our restructure". said Seamus Lagan, CEO of Rennova Health, "After our recent reverse split the improvement in our balance sheet and reduction of ongoing penalties and charges as a result of this transaction will create a much clearer picture for our shareholders and investors and should facilitate access to additional capital as may be required to improve and expand the Company's' business strategy. We look forward to providing additional updates of progress of our business strategy, including the separation of our software division in the coming days". The Company has 1,277,429 shares of common stock outstanding as of close of business on September 1, 2020.

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