Re: Stock Alert
posted on
Feb 09, 2018 02:32PM
koo, just for my understanding, is this BMO just one of those preprogrammed alogrithmic produced statements.
There is not fundamental analysis that underlies this...correct??? I see these things in my trading account...machine generated statements.
Personally I am beginning to believe there could well be stock alerts based on what we "don't see" from Don.
I've read the press release a number of times and while I like the summary of 2017 and early 2018 accomplishments I am getting the impression that this press release is just an offensive strategy by RVX to demonstrate to the TSX that RVX is getting it's financial house in order and therefore should not be delisted.
I get the impression on the forward action on the science we are seeing best case scenarios at least in terms of the timing of activities and nothing will happen without $ of course.
On Don's side of the equation I'm becoming very skeptical so I'll break it down in terms of my opinion;
From the press release;
This implies a couple of things to me. Don has less than 2 months to get enough money to satisfy the TSX (pre Apr 10th) in order to retain it's listing. So why at this stage is Don still casting his hook into the ocean at the Feb 13th Bio CEO & Investor conference? Does he really think he will cut a quick deal there? I hope he does. He is obviously a much smarter man than me so let's hope NYC pays off.
The second point is that it implies Don does not expect to raise enough money to do the big financing required to complete the trial and initiate all of the other trials. I mean, it seems like we may be faced with a year of multiple financings to keep the ship afloat and perhaps at the stage of the SSRA (which is not that far away from the top lines) if positive (meaning keep the trial size as is) some big investor will bite. This could also delay the start of the other trials.
The Company also intends to pursue additional licensing opportunities, some of which are expected to contain up front payments.
The is completely vague. Are they not and have they not already been stating this for years? The "some of which are expected to contain up front payments." Well that seems to be an admission related to the Medison Isreal/Palistine deal.
Anyway, as always I do hope I am wrong. I would have expected that with all of this great science at this stage that the value investors would be pounding on the doors.
It would be great if someone could go to the NYC conference and record the Q & As and get a sense of how Don is received. By the way, if Don is at the NYC CEO conference who at RVX is doing the hard work of talking to serious, near in, low hanging fruit investors?
I doubt that and I sure hope that we are not headed for a delisting on the TSX! Some of us are stuck with non liquid Zenith shares and there is nothing happening over there. Even though Don does not understand that value of the NASDAQ in terms of breadth, legitimacy and amount of funding potential RVX will never see a NASDAQ listing if the TSX kicks him out!
Anyway, there I go again. Koo, I wandered way off topic from your question but I gave my best answer.
I wish everyone a great weekend and enjoy the Olympics. Glad they are trying to deal with the doping issues.
So along with my rambling disease I notice I'm now becoming dyslexic. Better check if apabetalone or one of the other 2500 compounds can help me.
Cheers
Toinv