Re: Sarah's response...
in response to
by
posted on
Apr 25, 2017 08:15PM
General360 wrote "Since Monday is 5/1 I'd expect this to be resolved by then, which would leave tomorrow, Wed 4/26 or Thurs 4/27. A NR buried on a Friday afternoon would be a kiss of death with unfavourable terms and conditions!"
Although we know that they are low on dough and something has to happen soon, I don't think there is any solid reason to expect something to have to be resolved before Monday 5/1. Resverlogix presents at the Bloom and Burton conference on Monday 5/1 at 2 PM Eastern time. In my opinion, management wouldn't want to show their cards prior to this presentation or prior to any one on one meetings they may have lined up with investors.
BearDownAZ