Until the Citibank loan has been dealt with, and the cloud is lifted.....until then I don't think it matters what news comes out. Absent a ringing endorsement from Warren Buffet himself, I see the PPS continuing to languish until the elephant in the room is acknowledged and shown the exit.  Even if we get a thumbs up on Futility, I expect the market reaction to be muted if the question of Eastern's Standby Letter still remains.

They can put out all the DSMB positive reccomendations they want....Zacks and other analysts can beat their biased little drums, Pfizer and other BP players can demonstrate all manner of potential indications....IMO none of it matters while the only fundamental data available says the company has to satisfy a $68.8 million loan obligation by the 28th of August.

Personally....I think its already been resolved, at least in principal.....that's my opinion.  But if I'm right, and my best guess is an increase and extension with the Stanby Letter still in play....but with the Aug 28/2017 date punted another couple years down the field.  

They say things happen in 3s....and the 3 things for Resverlogix are:

1) The missing slides for the financial part of the B&B presentation in Toronto

2) Skpping the Paris presentation completely

3) Going to San Diego with this presentation:

https://webcache.googleusercontent.com/search?q=cache:bDpM0BmW9IkJ:www.resverlogix.com/upload/media_element/281/01/bio-international-2017.pdf+&cd=1&hl=en&ct=clnk&gl=ca

And then pulling it and replacing it with this one after the show was over:

http://www.resverlogix.com/upload/media_element/281/02/bio-international-2017-v2.pdf

Did they broker the financing deal at B&B, getting themselves enough money to satisfy the interest owed on the current Citibank loan with enough left over to keep the lights on?  All while knowing that they'll be well capitalized going forward with an extension and increase of that credit facility?

Skipping Paris probably makes sense if that's true.....after all, they've never disclosed why they didn't attend.  Only enough cash to get to that date with Citibank and not enough left over to finance the expense of presentation in the city of light perhaps?

And all the supposed typeos....if they weren't in fact multiple errors with the biggest being almost $50 million....Could they have in fact been actual hard data that DM was willing to share with some in San Diego but then needed a cover story for when the slide presentation was released...."damn, that's not supposed to come out yet". 

If the company was more forthcoming about simple questions like why they skipped Paris....but that doesn't seem to be the way they operate.  Man I wish I had been in Toronto to see DM's presentation at B&B.....what did it cost for a private investor?  $1,500 or so?