Re: OVERALL AN EXCELLENT PRESENTATION AT R AND R TODAY SEPT 10, 2015
posted on
Sep 11, 2015 03:09AM
In the near term I think this Yale Club presentation has the most potential to get our share price back to $3 and beyond.....having a Zack's analyst cover RVX, and that other one...Vansomethingorother, neither one has much of a profile. Getting a JP Mogan or even a BMO analyst (or something close) to rate us a buy....or even a hold, would be a big positive as it would raise our profile substantially.
Anyone with more information on this Yale Club presentation please share....the only reference to any Yale Club I can find is about what appears to be a social club in Mahhattan for Yale Allumni, akin I would guess to the Granite Club in Toronto....in other words a lot of establishment old money. Obviously this Yale Club is simply the venue, as opposed to having it at a hotel conference room....I'm intrigued to say the least at the prospect of it being at a somewhat prestigious and 'Old Money' venue if it fact the Yale Club mentioned is one and the same with what I'm viewing on line.
And of course we've talked endlessly about what a Nasdaq listing could mean.....with the overwhelming consensus being that it would be HUGE. But as things stand right now we're not going to get there with a share price of around $2 CDN and a market cap of just $200ish million. Those figures, in my opinion, need to at least double.
One way to cure the share price requirement of $2 is obvious....and that's a reverse split. I would be okay with that, but I would prefer it if that route is not taken. Liquidity is already enough of a problem with 100+ million shares outstanding....a 1:2 or 1:5 consolidation would likely just make the trading volumes even thinner.
Of course this analyst presentation and a Nasdaq listing could go hand in hand....with the former resulting in RVX attaining a PPS and market cap that would make the latter far more likely.