Re: Short interest creeps up again.....
posted on
Apr 20, 2017 04:53PM
hummmmmm,,,,,,,leave us with no debt????,,thats a head scratcher,,,,,not sure how that comes about unless a really massive dilution is undertaken,,,,,,,,,,,,,the big loan comes due in August,,the terms if I remember is that it can be paid off in whole or in part,,so that $69M should be able to be serviced out for a number of years at about $6 to $9 million per annum. Its the security attached to the loan and the repayment agreement that is a catch all and we know who holds the security. DM will have to get a few dollars at the very least to keep us running until August giving us time where he can get working on upfront monies from deals or other agreements, maybe. It all seems to suggest to me that KD is at the trough when we are at the edge here. DM has let this issue ride to the point where his bargaining ability is now within the confines of a straight jacket. How can you bargain when they are about to turn your lights off?? Any third party knows this and they have more leverage in making a deal with RVX..but with no news and now at this point it would make sense that KD and other deep pocket insiders are sitting across the table from DM. This is speculation based on the limited information we can read into news releases and quarterly reports.
I own two large blocks of RVX shares and have for many years. I am not bashing RVX ,,this is an attempt to undestand my investment and apply business reality to what seems here on Agoracom to be more aligned with the euphoria of our science and the what ifs surrounding the possibilty of success with BoM. RVX has no revenues but provides all us investors an opportunity to gain on meeting end points in this trial. No more and no less. ,,,jmo