Rennova Health Inc (RNVA)

[Ferdenando the Bull]

Better read it again....Let me highlight:

Biohealth Medical Laboratory, Inc. and PB Laboratories, LLC (the "Companies") filed suit against CIGNA Health in 2015 alleging that CIGNA failed to pay claims for laboratory services the Companies provided to patients pursuant to CIGNA-issued and CIGNA-administrated plans. In 2016, the U.S. District Court dismissed part of the Companies' claims for lack of standing. The Companies appealed that decision to the Eleventh Circuit Court of Appeals, which recently reversed the district court's decision and found that the Companies have standing to raise claims arising out of traditional insurance plans as well as self-funded plans.

"This is an exciting development for us," said Seamus Lagan, Chief Executive Officer, "and allows us to push forward in our pursuit of the total amount of our original claims."

So what this is saying is they won the appeal to move forward with a lawsuit.The appellate court reversed the decision.

It took two years to appeal the decision. Your right the release was 2017 it would take another 2 plus years to get to court and or settle