Replies to post #62277 on Rennova Health Inc (RNVA)

[malt66]

STILLL!

$30 Million divided by 10B AS is .003 per share/ on a 1X basis.

[skichic]

Actually I think this is what you are referring to:

“The total number of shares of all classes of capital stock which the Corporation shall have authority to issue is ten billion and five million (10,005,000,000) shares, comprised of ten billion (10,000,000,000) shares of Common Stock, par value $.0001 per share, and five million (5,000,000) shares of Preferred Stock, par value $0.01 per share. The designation, powers, preferences and relative, participating, option or other special rights, including voting rights, qualifications, limitations or restrictions of the Preferred Stock shall be established by resolution of the Board of Directors pursuant to Section 151 of the General Corporation Law of the State of Delaware.”

ThEY ARE TALKING ABOUT THE NEW AS, NOT CURRENT OS. Current OS still around 2.5 Billion most likely.