Another option would be to amalgamate Zenith and RVX....new Nasdaq IPO under new management. Zenith may attract some interest south of our border.

Uh, no thanks.  Some scheme like this get floated every few months.  Zenith isn't a charity.  Zenith shareholders aren't interested in bailing out RVX.  If you think Zenith is a better bet, sell your RVX and buy ZHCLF. 

And a NASDAQ IPO for Zenith under new management would be a disaster.  It would be a repeat of what's happening to BTI -- awesome for the investment bankers and hedge funds, a slaughter for the shareholders.