Jk, the golden rule is "he who has the gold makes the rules". I was kind of kidding around but the financing has illustrated it fairly clearly. In January Don said one of the major reasons for splitting the company into two was so that when the financing for the op. co., ZEL, occurred the requisite dilution would only effect ZEL and not ZCC. The thinking as stated was that ZCC being basically a hold co does not require operating cash and as such should not experience dilution. Apparently Eastern felt otherwise and exercised the golden rule. Now Eastern will have a larger chunk of both companies when the split is effected. Koo I think you missed this distinction in my earlier post, of course ZEL should experience dilution upon financing. I was hopeful, but not holding my breath, that ZCC would avoid dilution as per what Don had said was the goal in January. Hopefully the split will occur quickly now and this will be the last dilution that ZCC experiences. I think this point clearly illustrates one reason that the share price remains very low for RVX. Management does a lot of talking but is still very poor at delivering on that talk. That combined with a somewhat cloudy relationship between the business entities and generally poor communications to investors probably is somewhat of a deterrent to many potential investors (I know some of them). I still believe RVX and Zenith are brimming with world class science and there is mounting evidence from both within the companies and outside the companies to the support this. Although I believe management is trying, they have a great deal of catching up to do to be on the same level of proficiency as the science team. JMO