Replies to post #75009 on Rennova Health Inc (RNVA)

[stju1979]

SEE POST 74992, and POST 74988. I agree with you.

[stju1979]

Remember CASH burn rate is very important but most importantly of all, he needs to get higher revenue, and control expenditure. As long as he increased revenue- less expenses= net income, a stoppage of dilution is possible and cancelation of R/S is possible.

[stju1979]

Someone mentions, ahole can't max 10B otherwise he will lose preferred shares voting power. I think someone said he has 54% of the company, therefore the max the O/S is 4.6B something. Look back to my previous post, I have the caculation. We talked about that issue...…


Let me try to find it. I will post the figure for you.

[stju1979]

Here I found it >>>>>>>

stju1979
Thursday, 04/04/19 10:01:04 PM
Re: 44dan post# 74468
0
Post # of 75012

According to your theory, the max O/S can be sold is 4,550,000,000. So you take that amount 4,550,000,000- 3,668,882,657= 881,117,343 left to be absorb in the market.


Are you sure that only 881M left allowed to be sold by the company?