Rennova Health Inc (RNVA)

[MJAM2020]

I would take .003 as a purchase price and be just fine with that. :) With the debt and other things you wouldn't think they would be acquired at this stage. But when 50% of all rural hospital operate at a loss...The profitable ones are valuable. I don't know if its a merger or acuisition but it does feel like they are in a quiet period. And IF there is something in the works...They may not want to take a chance of the share price fluctuating with a fins drop and it included Jamestown being on the books. In one of the last podcasts Seamus did mention once or twice they would look to grow by acquisition once the business was stablized. Maybe its nothing...but its just odd for a company that has filed for years to all of a sudden be this late once they start actually making money.

https://revcycleintelligence.com/news/half-of-us-rural-hospitals-operate-at-a-loss#:~:text=Half%20of%20rural%20hospitals%20are,rural%20hospitals%20have%20a%20deficit.

imho
mj