Re: Courtesy
in response to
by
posted on
Aug 22, 2017 04:31PM
Excellent post, tada.
I think that has been working with two scenarios - the preferred one being some sort of partnering/regional deal, the alternative being a loan extension combined with a private placement.
I consider it a possibility that the above alternative could be a confidential deal with Eastern/Hepalink involving them in the financing at the very last moment if there is no partnering/regional deal. The reason we haven't heard about this deal may be due to confidentiality reasons - primarily because the pricing of the private placement will be based on the current share price. If the market knew for a fact that a financing would take place, the PPS would be considerably higher. Since a higher PPS would not be in the interest of the parties taking part in the upcoming financing, Eastern/Hepalink/others(?) have made it a condition that RVX keeps the agreement confidential, thus keeping us in the dark.
I expect:
This, of course, it just my humble opinion. Please do you own due diligence.
GLTA
BKC