Rennova Health Inc (CE) (RNVA) News

EXACTLY! Nothing to see here, ABSOLUTELY NOTHING HAPPENING with $RNVA ==>$FOXO $$$$$$$$

LOL!!!

GLTY!

A lot of giving opinions, predicting, hoping & wishing what this tickers great CEO will do. Based on reading into things without those things specifically being written in any of the reports coming out.
This great CEO can't put out timely fins. And, doesn't give updates, even of the most generic type to keep investors informed.
But, the pumpers keep stacking up excuses for not doing those things. Meanwhile, all eyes are on the other ticker. 🙄
Maybe today we get something. Maybe not. No one knows.
RNVA!!$$????????????????????????

Do I have this right? RNVA('the Company') will get 8% interest on the note for the first 6 months and 12% for the remainder as RCHI pays down the principle. That works out to around $150,000 per month in interest payments for the first 6 months. Until RNVA seeks approval of RCHI to covert some or all of the note into Series A Preferred Stock as FOXO gains in profitability.

In addition, RCHI issued to the Company a senior secured note in the principal amount of $22,000,000 (subject to adjustment) (the “RCHI Note”). The RCHI Note matures on September 10, 2026 and accrues interest on any outstanding principal amount at the rate of 8% per annum for the first six months, increasing to 12% per annum thereafter. Upon an event of default, the interest rate shall increase to 20% per annum. The RCHI Note requires principal repayments equal to 10% of the free cash flow (net cash from operations less capital expenditures) from RCHI and its subsidiary Scott County Community Hospital, Inc. (“Scott County”). The RCHI Note will be reduced by payment of 25% of any net proceeds from sales of equity or assets by FOXO.

Ah gotcha. Thank you for the clarification on those points.

imho
mj

Shareholders finally bout to get paid. Filthy clowns of the RNVA board had your time. Hope it was worth it.

I cant refute the fact you are a FUD.

Umm those who don't consider the positives and the negatives, the pros and the cons, the past and the present are looking at the future through eyes of a deer in blinding lights.... it is what is. You can't refute the fact that RNVA has never come through. All this behind the scenes stuff is great but until it actually comes to fruition, it's all speculation. Our accounts are worthless. Yep more patience is required for the enigmatic Seamus. Hope we all profit a little. Years of waiting should mean something 

They ain't like us

FUDiggity-tee wants to play both sides 🤣

Or never call in and leave rnva on the em

You are not off except that FOXO negotiated a different arrangement with RCI/RNVA wherein they (their now subsidiary RCHI) alloted a 22 million note to RNVA I lieu of the dividend paying preferred shares...so the dividends in 2925 may be gone, but RNVA can call in the note any time if things go wrong...

You optimistic guys really crack me up! lol Hope we all go green one day! Because today our shares are still worthless. Filter knows what he's talking about? Umm he's been here years waiting and hoping just like the rest of us! Lol

If I am way off course here please correct me. But is their any chance the Preferred shares mentioned below in the recent FOXO filing are the preferred shares that RNVA received for the producing assets in the transaction? What would happen IF there is a heavy naked short position when they issue this first DIVI in March 2025?

From FOXO 8k filing:

Dividends

Holders of shares of the Series A Preferred Stock are entitled to receive, when, as and if authorized by the Board and declared by the Company, out of funds of the Company legally available for the payment of dividends, cumulative cash dividends in an amount for each share of Series A Preferred Stock equal to 5% per annum (the “Dividend Rate”) multiplied by $1,000 (the “Stated Value”). Dividends on the Series A Preferred Stock shall accrue daily and be cumulative from, and including, the date of original issue and shall be payable quarterly in arrears on the 15th day of March, June, September and December of each year (each, a “Dividend Payment Date”), starting March 15, 2025; provided, that if any Dividend Payment Date is not a business day, then the dividend which would otherwise have been payable on that Dividend Payment Date may be paid on the next succeeding business day with the same force and effect as if paid on such Dividend Payment Date and no interest, additional dividends or other sums will accrue on the amount so payable for the period from and after such Dividend Payment Date to such next succeeding business day. Any dividend payable on the Series A Preferred Stock, including dividends payable for any partial dividend period, will be computed on the basis of a 360-day year consisting of twelve 30-day months.
https://finance.yahoo.com/sec-filing/FOXO/0001493152-24-042270_1812360/

From RNVA PR:
In the second agreement, equity in Rennova Community Health, Inc., predominantly consisting of the Company’s critical access hospital (d/b/a Big South Fork Medical Center), will be exchanged for $20 million of convertible preferred stock in FOXO (subject to certain adjustments).

"Rennova expects to be able to monetize its convertible preferred stock and common stock in FOXO over time.”
https://ir.rennovahealth.com/press-releases/detail/343/rennova-health-inc-announces-stock-exchange-agreements

I may be way off base...but it sounds interesting if its a possibility..lol.

imho
mj

been watching and adding for a long long time.....its gonna explode one day soon
ty for response
best wishes

Filter knows what he's talking about.

its not pumping, people are pro this stock, they want to make money! dont you??? i cant believe this stock is so undervalued....crazy times

Yup$$$

900,000 volume!!! come on its a start lol

lol yup doing things good for the world and for me and you and all of us here we need some gooooood things here!! holding long and strong

me too! it will come - i been holdin on to this and another CGAC and after a long wait CGAC woke the hell up!!! this will too,,,,we wait and good luck

Tik Tik TIk

Our time is nigh, lil POS

FUD scum been making gains here.

Hope they take them away, repent for their involvement, and go do something good for this world.

All that pumping still no gains to show

You welcome Mr. No Money made off this junk

'We' is shareholders. I know you get it... but you gotta do what you gotta do LoL

Who's we? Everything RNVA obtains does not automatically translates to or benefits common shareholders......But I get what you mean.....

Well, one prediction is as good as another. A bunch are popping up already. But, they're all based on nothing official from the great CEO.
RNVA!!$$??????????

Maybe they keep it as is and they pay Divi's to us thru the preferred shares RNVA holds in FOXO? :) 

FROM THE PR

will be exchanged for $20 million of convertible preferred stock in FOXO (subject to certain adjustments).


Furthermore, Rennova expects to be able to monetize its convertible preferred stock and common stock in FOXO over time.”



Imho
Mj

We own shares in FOXO, INQR and still own JRMC (for now). Not a shell

I was actually thinking the same exact thing. Seamus doesn't even have to resume trading this. What are your thoughts nfrequent? Is it possible Seamus could just leave RNVA on the EM indefinitely and just continue business as usual without us ever trading again? I'm seriously asking.....

Holding Company

Useless FUD. Someone needs a refund

Looks to me like foxo owns all the liabilities. Rnva might as well be an empty shell.

On this forum, transparency is lacking thanks to constant pumping based on what some "think" is going on behind the scenes.
I just post the short version of what's actually happening.
You're welcome.
RNVA!!$$??????????

Hi looking at 10K from Juna and no mention of Rennova that I can see..

Would appreciate direction to where you found this.

Thank u.

The Digs doesn't think any of us have access to quotes and trade data

You're welcome. But I guess you can follow the pumpers, who haven't been right about anything here with their behind the scenes scenario predictions.
The truth hurts.
RNVA!!$$??????????

Thanks for the update... where would we be without you wisdom

Great open.
FOXO down 5% after their report.
RNVA 900k with no movement from worthless.
Whoopie!
RNVA!!$$????????????????????

Good info!

Thanks.

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Hoping for a clean up in aisle 5 here then...lol

Imho
Mj

Light up FOXO and release the fins $RNVA

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Good Morning $RNVA

From the 10k rnva looks to be out of debt ... foxo took on all liabilities.

Sorry about that but I'm on positive side of want to see Rnva facilities with med bed or as some say light pods

Nothing to see with $RNVA ==>$FOXO,  Nothing happening.