la_trader - Are you serious? The devil you know is STILL the devil.
Let's see: more than $4 million in debt to suppliers, withholding taxes, unemployment and SS from employee pay checks but not sending that money to the federal government, and not paying medical liability insurance for the doctors and nurses? No supplies? No doctors and nurses willing to work there because of the lack of liability insurance?
And, BTW, the hospital is CLOSED! You ask who could do it better? I ask how could anybody do it WORSE?
Acquisition by some other company might take months, but as long as Rennova is in charge -- which doesn't have the money -- the hospital will be closed forever.
I'm sorry if you have to take a bath on your stocks, but it's more important that the people of Tennessee have functioning hospitals.
And that will never happen as long as Rennova is in control.