Replies to post #11019 on Rennova Health Inc (RNVA)

[todamoon]

And spin-off shares coming shortly

[noreen]

1. CEO mentioned they would hit a break even point this year

1. EVERY SINGLE penny stock CEO is a liar. Make sure you understand that if you're going to trade / invest in the OTC.

They lost $13,695,697 in the 9 months ending Sept 31 , 2017!!!!

Don't tell me, "Because the CEO said so", because guess what, he's not going to be held accountable when he doesn't meet his projections. So let me ask you again - WHAT EXACTLY IS GOING TO CHANGE IN THEIR BUSINESS PLAN for them to go from losing $13m in 9 months, to all of a sudden becoming a profitable business? WHAT CHANGES DID THE COMPANY ALL OF A SUDDEN MAKE that makes YOU think they will all of a sudden become profitable?

2. Potential $10M award from Cigna, which they just won an appeal on to pursue the $10M.

"Potential" award doesn't mean anything until they get it. And EVEN IF THEY DO GET IT, they STILL won't be profitable. LOL!

3. Revenues from hospitals, which will expand rapidly throughout 2018, and with the new tax laws, should be profitable.

Should NOT be profitable.

4. Considering they don't have loans due until late 2019, and will have a profitable model moving forward, along with dramatically higher revs. which will normalize their debt situation, this should do the trick

NO! Stop saying that! They will NOT have a profitable model moving forward. And if you're so convinced that they will, AGAIN, please explain to me WHAT EXACTLY has changed in their business model that allows them to go from losing $13m in 9 months to all of a sudden becoming profitable?