Rennova Health Inc (RNVA)

[Ferdenando the Bull]

There is no way CD and Seamus would have left themselves so wide open on the exchange with the lender. They pinned it down to under 90 days to extinguish 10 million in debt. Now the agreement states that the lender cannot convert without written permission from the company.
The ONLY way IMO they could guarantee that debt was a settlement. CIGNA is getting battered with Ricco (anti trust violations). I had read somewhere in the past that CIGNA owed Rennova some 10 million. Ricco violations provide for triple damages plus attorney fees.
So If CIGNA owed 10 million that's now 30 million plus expenses plus attorneys fees.

Now for the sauce on the goose.
Anti trust and RICCO violations can prevent a business for 20 years operating in the United States.
I would suggest CIGNA will resolve all these issues rather than close operations.
IMO if the owed Rennova 10 million expect a minimum of 30 million plus attorney fees for a start. CD wasn't shelling out cash for nothing.
I experienced Anti Trust and RICCO in my life and was too small to fight it.
Two players joined in to help me and were paid off by the perpetrator and left me standing with my hat in my hand trying to fight a billion dollar company. I know these laws well it takes big money and deep pockets and years to fight.