Rennova Health Inc (RNVA)

[nfrequent]

A buy decision two or three years ago was not irrational at the time. OTC market conditions gave traders plenty of room to speculate on outcomes two or three years into the future. Lagan, from what I have read, made forward statements about business plans and goals, but not with the specific metrics we have increasingly seen in his forward statements (guidance) over the last four quarters. It really wasn't about trusting Lagan, but whether or not the investor thought speculating on the goals and potential outcomes was worth the risk.

Those who bought two or three years ago were victims of unforeseen OTC market conditions, not Lagan's and the company's performance, obviously. Market conditions forced way more dilution than should have been necessary. I submit as evidence the mere fact that RNVA is currently rolling into a P/E of about 1. Hello?

Fortunately, I only came along just in time to watch those CAH revenues begin blowing in, but I would never dis anyone who bought back then. We have all been there, if we have been around long enough.