Re: The waiting game.....
in response to
by
posted on
Jan 11, 2019 12:12PM
Bear, awesome summary.
I would just add that based on the last financials and interim funding, RVX will not only have to potentially deal with the Third Eye loan situation, but again funding for Feb to whenever.
Thus, I would suggest the share price bump to $3.40 was based on a hoped for surprise from the Showcase which did not occur and thus, we will drip back down to $3 for the next financing unless something intersting happens.
As many of us have been here for years, the standard response to the apparent delay in topline results was well it is just another 3-6 mths, after all this waiting no big deal. But I think the effect is dilution on the shareholders for a longer timeline to topline results and honestly, i think all our patience has worn thin and moving the goalposts is mentally draining.