Replies to post #60096 on Rennova Health Inc (RNVA)

[malt66]

AGREE!

Ground floor opportunity for a CHEAP price!

[Backstabbed]

You should contact Seamus and guide him as to what to do and NOT to do.

Thanks for your input as usual.

[Bidsmaker1]

Lowtrade I agree with your assessment of RS and AS increases. It appears Seamus Lagan effectively took control over the company which is a different matter to consider. I suspect the objective is to acquire additional rural hospitals and physicians private practices generally in the same geographic area to increase revenues. Generally debt gets assumed in these type acquisitions and capital is needed to support operations.

The revenues side of the equation is likely to grow exponentially over a period of time but meanwhile its the shareholders that do the heavy lifting since the dilutive effect wipes out shareholder value due to MM metrics.

The increase in AS is very predictable since existing debt lenders converted in excess of 1.9 billion shares in recent months.

The question is this. At what point will revenues/growth/debt reductions, etc be sufficient that RNVA will attract non toxic lenders. I suspect this will happen within a couple of quarters and RNVA is really gearing up for very aggressive growth.

[Mojocash]

No lowtrade, it's bad usually. It is only good when you catch the end of a note. RNVA will max out sharestructure again and I will buy it then.

[spshond]

But its horrendous when you have a track record of using those tools against shareholders. Shamus needs money and only way to get it is too add shares to the A/S, diluting the crap our of shareholders, then doing a reverse split meanwhile keeping the A/S the same.

its called RINSE AND REPEAT, until you gamble long enough and hope as a CEO you get it right.

[gloom8doom]

Thank you LT for taking time away from the Jag. Always a pleasure to hear from a Trader-Teacher.