Tada - I wasn't harsh about the Medison deal. I said that it might wellbe a good deal but with the information they have given us, it isn't. I stand behind that. If they would explain it, we could maybe then give them kudos but they won't explain it. As explained up to now, they got a license for free while RVX badly needed cash. HL did not get a license for free,

"Maybe the available equity financing at the time wasn't the best route."

That is what I was saying is that they had to do it almost out of desperatiuon. The financing isn't always there as and when you wish and RVX was in touchy times then. In hindsight, we might have gotten a better price on the necessary dilution but it could have gone the other way also. Remember that the share price does not act as we think it should. That is discussed here often.

As I earlier admitted to Koo, HL probably does have the right to terminate the ROFR contract since it is past 60 days. What this means is actually that HL also has gotten the ROFR for free other than not receiving interest. That is at least something. They really just have given RVX an interest free loan as they are sure of being repaid the principle unless they let the contract expire which they do not have to do. They don't have to exercise it rather can just terminate it before expiry and recover their money.