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Message: Short interest basically static....

Updated number up to Oct 15th, so including this past Friday after the PP news....178,095 so a small increase of 2,295 shares from the previous number of 175,800 up to Sept 30th.

I thought we might see it climb to 200K or more because I thought there might have been some short selling on the HL financing news.....and there may have been.  Its possible the number up to last Friday had gone down and was then added to after the news hit...but based on the numbers I rely on from stockwatch there's no way to know. 

As for my email, Clayton pointed out....like Bear, that the 210 day figure was from an old news item back in 2009, I should have caught that...mea culpa, my bad.  

Given that the TSX is reporting giving Resverlogix 120 days to get back in compliance, I think it would be professional of the company to issue its own PR on the matter.  Clayton indicated that it appears to be some kind of ''trader notes'' not available to the general public.  Well....I have it, and I'm as 'general public, as you can get....so in the interest of transparency, if that's something they value, I think the company should put something out.

I realize that at 120 days....we're looking at about 4 months from now, which gets us sometime into February.  Obviously given the cash constraints of the company something has to be done prior to that merely to continue funding day to day operations into the new year.   

I was reading some information on the continued listing requirements and my take is that Resverlogix needs to show $12 million on the books and/or enough money to fund 2 years of business operation:  

https://www.tsx.com/resource/en/125

 

 

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