Rennova Health Inc (RNVA)

[trd4profit]

You know what's crazy?

Based on their PPP loan of 2.4 Million that would mean their 2019 payroll was about 1 million a month.

The total relief funds they received was 14.8 Million.

That should have been enough to cover over a years worth of payroll related expenses based on 2019 and we know their employee count has dropped from 300 to 90.

Why are employees not paid??

I'm not sure what the additional relief funds (beyond the PPP) were supposed to be used for but seriously employees not paid? And Jamestown still closed? INOQ flopped? And diluting millions of dollars in the last couple weeks?

If there is anything positive here it would be a good time to announce it..software deal?? quickly?? Been a month and a half and non stop dilutuion..