Re: Curiouser and Curiouser....
in response to
by
posted on
May 01, 2017 03:18PM
My email to IR:
Hello Ms Zapotichny or Mr Clayton,
I took the time to peruse the investor presentation PDF which was made available in tandem with the investor conference.
http://www.resverlogix.com/upload/media_element/274/01/rvx---bloom-burton-2017.pdf
Of note is Agenda item #5: Financial Position and Opportunities
As you're probably aware, while there are slides for items 4 and 6.....5 isn't there. Was this a simple case of incompetence? Also the burn rate, which in earlier materials was in and around $3 million, now its apparently dropped to $2 million. That's a substantial difference obviously. Why the variance? As BETonMACE progresses I would expect that expenses would increase, not drop. And then of course there is the question that Agenda item 5 was supposed to address. Please tell me what the financial state of the company is now.
Regards,