That video presentation came out April 22nd of this year, at a time when the PPS was trading up close to $3, we had an inter-day high of $2.96 on Arpil 22nd.

Now....it might be natural to look at the movement of the stock price after that presentation...down down down, all the way as low as a $1.00 before recovering some in the past couple of weeks to get back in around the $2 area.

It might be natural to say...."well, that sure was a flop".

But I keep going back to how this Richmond club describes its members, to wit:

The Richmond Club members are a mix of investment advisors, fund managers, accredited investors, analysts and members of the media.

Let's assume for the moment that at least some club members saw the potential for RVX to be at least at least a $10 stock. This group falls into a broad category that I would call "industry players"....what I so often call "smart money". Now it might seem reasonable to expect them to just start buying and driving up the PPS.....but I don't think it would be realistic.

After all....RVX had already been on a tear in early 2015, going from 50 cents to the aforementioned $3 area. Its speculation of course, but I would argue that if a sizeable and well financed group wanted to establish a sizeable position, that they wouldn't have been able to buy much before potential big profits basically evapourated if they just stormed in and started buying all the shares holders were willing to part with.

Retail investors, momentum and swing traders....they would notice the activity and I would argue that they would soon start competing with a smart money group and the available trading float would quickly dry up in my opinion....in other words, buh bye big profits.

Now this presentation happened in April, and this Richmond Club lists its address as being up near North Bay....in a town called Powassan Ontario. Don I assume is based in Calgary, not exactly a short drive. On that same day Don appeared on BNN....interesting.

A stock that had been on a tear....right after this presentation to the Richmond group and on BNN, stops moving.

Here's my theory.....and it is just that, a theory. Here goes.

I don't think the interview on BNN and the Richmond club presentation happened on the spur of the moment...I don't think Don got a call asking him to fly out to Ontario "tomorrow" on April 21st. I suspect it was at least a couple weeks in the making. And I would further suggest that perhaps the BNN interview was arranged by someone or someone attached to this Investment Club.

Let's make another assumption...that this activity was planned in early April, when RVX was trading around $1.60.....then it takes off, going to $3. Don shows up on BNN, at the Richmond club....and the stock is riding high. But soon we find out that short interest, which heretofore had maxed out around 80K had all of a sudden shot up over 200,000 shares. That's not a huge number certainly, not even 1% of the outstanding shares...but in a thinly traded stock where volumes are often just ten or a few tens of thousands....it can have a big impact on trading.

Now fast forward to....well, now. We have RVX back hovering around $2, and lots of potential catalysts....any one of which could see RVX exploding like so many other bios have recently. FDA phase III, an orphan indication, application for a Nasdaq listing...and more.

If RVX has been under accumulation by industry types...and if they've loaded their boats as much as they'd like or are able....then I think we're close to seeing RVX going in play.

What does "In Play" mean? It means analysts reccomending RVX to their books. It means industry players getting Resverlogix getting exposure in journals, newsletters and other investor friendly mediums. It might even mean mentions in mainstream media.

One caution of course....it could be that I am looking at the available data, and that I'm massaging the information to make it fit into a preconceived idea. That is very possible.