Replies to post #161098 on Rennova Health Inc (RNVA)

[nfrequent]

According to company guidance, RNVA is just now reaching an "annualized run rate" of $25-30 million in revenue, meaning $6.25-7.25 million in Q1 2024 revenue from current operations. More restructuring of debt and "other securities" (corporate equity buyback?) is also in the works according to the October 25 press release, likely to involve the payoff or pay down of the $2.5 million note to INQR receivable and last extended to the end of this year. Something should break on that after the first RNVA board meeting in 2024. Jamestown reopening under the CAH model (which will then double RNVA revenue YOY) is also in the works with news on that dues sometime during Q1 2024, if not any day now.

That's the bet based on current information.

[GodsWatchingYou]

Those things would be nice but this company has a history of doing reverse splits. No I don’t want them to do one. I want them to buy back and retire the shares.