Re: 50% Discount to China deal ...
posted on
Mar 21, 2016 05:47PM
hummmmm,,,,,,,,,,,,,,,hopefully the bottom is in the $1.25 range,,,,,,,,,,,seems fitting as we have had almost a text book down trend since the middle of April last year,,,,,,,,anyone that bought below the dollar previously probably see better use of their funds by moving into something else,,,,,they can then wait on the sidelines for a convincing trend in the opposite direction,,,, when ever that happens,,,, many reasons to sell a stock remember,,,,,,the share price is DMs responsibility,,,,,either he gets out there to support the shares or pass the reins onto someone who will and can,,,,,,,,,,,dilution at this level would make me slap myself with a newspaper,,!!
Hopefully DM can play a new deal/investor entity off against our KD and HL,,,,,,,,thats the only way I see us getting an admiral deal,,,,,,,,,,I would like to see DM make an effort to shareholders on what path RVX intends to take and not leave the debt issue ride for the forseeable future,,,sideliners see dilution and no one likes that,,,why enter now if by or before mid summer 2017 we get diluted??, I also think the market would welcome a solid business plan where at least our IP is protected next year. The quicker the better!!!!!
The outstanding time factor with no revenue stream coupled with the debt/IP issue is keeping new money from entering RVX,,,,add to that the under delivery history and other baggage written about and you get the $1.25 or even less,,,cuz we cant argue the fact that shares have been continually sold into the bid for a full year now!!!!
If I were on the sidelines I wouldnt enter RVX at this point either,,,and not until we had a defined path forward at least to help deleverage the secondary risks somewhat,,,BoM risk is plenty,,,,,we need optimism from the market,,, we were getting it from RVX but that will only come with a solid catalyst,,,,this is just my opinion,, and I am certainly no investment guru albeit I first entered this sophisticated casino in late 1986,,,,just before the black monday in '87!!,,and not much has changed since then!!!!