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Message: Re: RESVERLOGIX ANNOUNCES PUBLICATION OF KEY APABETALONE STUDY BETONMACE IN THE JOURNAL OF THE AMERICAN MEDICAL ASSOCIATION

"Any BP or VC would want at least 50% partnership rights to future profits."

This is why I am having a hard time understanding how a new partnership would work when between them Eastern and HL, own ~ 55%  of the outstanding shares. And to fully fund RVX going forward, funds needed at the minimum would need to be $100Mil to pay off the outstanding debt and accounts payable, and that is assuming that $75 Mil would be enough to conduct further clinical trials and operational expenses for the next 2-3 years. 

 

Koo

 

 

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