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Message: Re: Resverlogix Announces Extension of Maturity Date of Loan and Expression of Interest Regarding Strategic Transaction

Re: Resverlogix Announces Extension of Maturity Date of Loan and Expression of Interest Regarding Strategic Transaction

posted on Aug 28, 2017 09:50AM

Koo,

If BETonMACE is halted for futility, then this would obviously be very bad. I do not have a full grasp on how this would affect the future of the company. I will let others comment who have a better handle on how the assets, intellectual property, patents, etc would be affected and whether Resverlogix would have a future in this potential situation. This is a small/micro cap biotech stock.....always a risky play as I'm sure you know.....especially with only one drug in trials. I mean trial....since they haven't started the Renal or Fabry disease trial yet.

BTW, thanks for your clarifications on the interest rate change in this other thread. I still don't have a good grasp on this, but hopefully more clarity in the next few days as discussion continues.

BearDownAZ

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