Replies to post #109906 on Rennova Health Inc (RNVA)

[megabandp]

Very green days ahead. I'm feeling a huge run especially with hearing .45c dividends

Completion of the transaction remains subject to a number of approvals and consents which need to be secured to complete the transaction. Subject to the relevant SEC approvals it is intended that Rennova Health ( RNVA ) will receive approximately $22 million of preferred shares, $5 million of which will be converted to common shares and distributed to Rennova Shareholders with the remaining approximately $17 million of preferred shares held by Rennova as an investment in InnovaQor and convertible to common shares on achievement of certain milestones going forward. Rennova will be responsible to appoint management to the project. While we are confident on a successful completion of this transaction there can be no assurance that the transaction as described will close successfully or that terms including numbers or values for consideration shares will not change significantly before closing

source https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=TPTW&storyid=202009090800PRIMZONEFULLFEED8029949&sb=1