There was a message posted to SH that has sent my wheels spinning....so warning, if you're going to read this its going to be one of those stream of conciousness postings....so get out the beer, wine...spirits or whatever.

Here's the SH post by torpedoman....

On Monday I left a voice message for Sarah but she only works Tues-Thurs now. She called me back on Wednesdy around 1:30 calgary time. We played a little verbal footsy. I told her I wanted to speak with her about weather - whether it was good or bad and weather people would be really happy with it. She said it was a beautiful day today and it was.
So I switched to a more direct approach and asked about the AGM "cancellation" She said it was being postponed and would be re-scheduled. So I asked when. She replied that no date has been determined yet. I then said that legally they must hold the AGM no later than 6 months after the fiscal year end which would be Oct 30 or 31. She then replied that under unusual circumstances the meeting can be delayed beyond the 6 month requirement. I asked what those circumstnaces might be. She replied that she could not speak of matters material to the company.

Really it could be relatively very minor but i still stand by my prediction that Pfizer is snooping around They've been here before and its a perfect complement to their oncology and CVD programs.
Read more at http://www.stockhouse.com/companies/bullboard#g8bPSk1Yzf4Dboh6.99

The word that jumps out, and I bolded it...is material. I already know that a material matter is ultimately something that could affect the value of the stock. But I wanted some confirmation so I did a google search and came up with something from the NYSE, and although its an American source I still think the same rules apply north of the border 100%.

202.00 Material Information

Okay...enough cutting and pasting. If this phone conversation is accurate, and I have no real reason to suspect that it is not....then it means that the cancelation relates to a material matter, that is to say something that could affect the value of the stock.

I made note of the fact that a company I had never seen before, AltaCorp engaged in 14 trades by my count...all on the buy side, for 10,500 shares with the buys starting at $1.20 and ending at $1.24.

If you check out the about section on AltaCorp Capital's website is says nothing about providing brokerage type services to investors....

http://www.altacorpcapital.com/about/

Wild speculation time....Alta is Alberta based, like Resverlogix. Could they be involved in some way with Resverlogix....in an M&A transaction? A secondary issue or PP?

If it were to be an M&A situation...could today's buying by that firm be viewed as front loading?

If there is something big brewing we're not going to find out unless or until an actual annoucement is made. I operate under the assumption that there are always people in the know and expect there to be some evidence of a big announcement coming by the trading of a stock...but not that long ago I was surprised....

Amica Mature Lifestyles, a retirement home company I was invested in, they were trading in and around $8....ho hum. There was no unusual trading that I noticed...no big volume or price moves....Then BAM!!! Outta nowhere they announced they were being bought out by the Ontario Teachers Pension fund at a massive premium...up around $16

Obviously those involved in the Amica/Teachers deal....they did a good job of keeping a lid on things. And if there were parties in the know before hand, if they acted on insider knowledge they did in such a way that it was (to my eye) totally undetectable....and ultimately maybe there wasn't any funny business, maybe everyone played by the rules....I consider that very likely.

I took some nice profits on LAC Thursday....but only used about 25% of the money I freed up. And I'm seriously considering putting more of it into play here....I have an impetuous demonic streak in me as some may have guessed.

Then the cautious little angel pops up on my other shoulder and reminds me...that even IF RVX is engaged in some kind of M&A discussions...that doesn't mean a deal is a sure thing...the devil is always in the details.

Hepa and Eastern would obviously have to be satisfied...and HEPA ponied up at $2.67 (if memory serves) and I can't see them taking less than that....

And another thought....the company is blind to the BETonMACE trial...okay, I get that. The positive reccomendation by the DSMB was a nice shot in the arm. But I've been thinking lately of corporate espionage....its real and its huge, that's why companies pay so much for security....Could a big pharma player, the big boys sitting on billions on their balance sheets....could they somehow find a way to get a heads up on how the trial is going? There's a line from an old Bob Dylan song that springs to mind...'In Jersey anything is legal as long as you don't get caught'.

Anyway...these are exciting times...almost as exciting as early 2015 when the PPS took off from less than $1 to $3.....if the PPS starts moving maybe this time it won't stop til its multiples higher from that 2015 high.

Stream of conciousness program....END.