After reading this post of yours below again , I agree & it's my belief we will see a deal/financing of some sort within the next 3 months.How that looks or what sort of dilution comes with it remains to be seen. There's no way Hepa's guy steps down unless as you say below a "deal"/ financing is "firm" I consider any type of financing a "deal" of sorts. 
GLTA 

"Board seats often come with deals and financing, but it would happen only when the deal is firm.

No announcement of a deal makes me agree with Koo. My reading is RVX now needs to find replacement financing before May."