Thanks for your comments Buckeyes and tada.....

Ultimately I'm as bullish as ever, not in spite of the company's weak fundamental state (vis a vis finances or lack of same) but because of how weak the company looks.

Its that old "Art of War" analogy I brought up a while back.  The markets are a war, and the reason retail investors so often buy high and sell low is because we look to buy strength and to sell weakness.  That in turn allows the real market pros to do the opposite.  

Tzu Sun wrote that to win in war that when you are strong you must appear weak.  And Resverlogix, from a financial standpoint...it looks like its on life support.  I think that's by design, that's my opinion.  Its the market, and expecting honesty in the public markets to me is like expecting fairness in WWE Wrestling.  

If Resverlogix was weak the PPS wouldn't be over $3 imo, and the company wouldn't have sufficent buy side demand to support a MCap of over $600 million CDN.  Ultimately I think its worth billions....maybe $10+ billion USD, maybe even $50+ billion.  But if they started flexing their muscles and tried to look strong, then those buying would be paying a lot more than a piddly $3.30 or even $4 per share imo.

Peace....and God Bless