Replies to post #61172 on Rennova Health Inc (RNVA)

[Drugdoctor]

Yes, that is exactly what will happen... Shareholders are FUNDERS only for Scammus Lagan's master plan... He has failed in his duty to shareholders fiduciary rights, and should be removed and jailed...

[deadjim]

RS AND 10 billion AS. Doesn’t get any worse than that. So they’re reducing OS. But keeping AS the same. Not only is this going lower, it’s going to drop for an extremely long time

[la_trader]

Only the board can approve RS
This theorized plan goes out the window if RNVA is bumped off QB.

[zomoney]

The R/S leads to higher pps. By doing the r/s they’ll be able to price the stock to better reflect the value of the company. So technically after the r/s your shares will be worth more. It really comes down what pps they give the stock after the r/s. That part wasn’t so clear in their filing.

[skichic]

I would say you have it figured out!