Re: Maybe timing is everything…
in response to
by
posted on
Jun 03, 2023 12:06PM
Fouremm ... I just wonder how tight the BoD is and performs toward ideas, options, and goals? It's hard for me to believe they couldn't sell and cash out of RVX for "something" rather than just letting it twist in the wind with near insolvency, losing the "8 year lead" and squandering patent years?
May be easier to sell RVX, rather than collaborate in a partnership, given some of the leadership, diverse mix of interests on the BoD, vision and directions, etc? Even $1-2b as disappointing in the bigger picture as that would be, that is still a LOT of money. For some shareholders to get whole or make a little, and/or for re-directing some $$$ to other promising projects (if/however certain shareholders choose) like Zenith, etc.
And like you, I gotta believe Don would like to see "something" before he is done, some type of resolution, to something he has been empassioned and worked on for quite a bit of his career?
I mean, if you won't, or can't, do anything with RVX/ABL, then get something for it before it is too late. There's gotta be "somebody" out there interested at some point, and value, for the research, ad hoc data, BTD, significant potential across many indications, and safety? ... unless Don and the BoD are holding out for a huge deal, while perpetually accomplishing nothing?
It is literally a travesty that nothing has happened, at all, except more well credited promising articles, since the narrow miss in BoM.
June 20 is fast approaching will be interesting, one way or another ... and time is running out for a meaningful "splash" ...