Rennova Health Inc (RNVA): The 10-K shows most of Q2 earnings went...

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Rennova Health Inc (RNVA)

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Re: marylandstockguy post# 149074

Wednesday, 08/16/2023 11:13:57 AM

Wednesday, August 16, 2023 11:13:57 AM

The 10-K shows most of Q2 earnings went to paying off debt. That will in turn improve earnings. I would rather the CEO do that before considering a stock buyback, but on the other hand, better to buyback at .0001 than somewhere higher. This scenario suggests all sorts of possibilities for improvement in the financial structure. I have never seen a .000 stock report revenue and earnings growth like this. Historically, the stock would have lifted off from .0001 long before now.

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