This debenture is material though, right?
Sometime next week we should know:
1. Debenture kicked down the road again? - not likely, would have heard that by now, plus the opened Hepa BoD seat suggests otherwise
2. RVX pays the debenture? - possible, thru Zenith, Don, Insiders, etc. Qater? Plus the vacated BoD seat could be an indication. Holding news till the last minute for PPS considerations for financier(s)?
3. Hepa conversion? - possible also, maybe the likeliest probability. No cash or ability to raise capital. Holding news for conversion PPS optimization? Might also explain the BoD vacancy, but it seems to me they would keep theur BoD seat thru all of that?
4. Loggerheads? - RVX can't pay debenture, but won't cooperate, unaffordable lawsuit coming over IP control and curing current issue? Delay tactic?
Other possibilities?