"Mid year would be July 1st or 2nd going off the Julian date....mid year is 182.5 days of a year with 365 days, or 183 in a leap year."

The term in the prospectus was actually "mid-calendar year." There are MANY ways to interpret that. Although the exact mid-point of the 365 day year is 182.5 days, or July 1 or 2, as Growacet reminded us, one also needs to define the bookends. Resverlogix never stated July 1 or 2 and only made the statement mid-calendar year.

June 16 to July 16 (1 month span)

June 1 to August 1 (2 month span)

May 16 to August 16 (3 month span)

May 1 to September 1 (4 month span)

Those all have the same center but different bookends and all would be consistent with the expression mid-year or mid-calendar year.

In their April Corporate Update, they used "early H2 2019" for the expected timeline for top-line data. That is ambiguous too. Could mean July. Could mean July and August. Could mean July and August and September. All would technically be early H2. 

Long story short, my advice is don't get hung up on a single day, week, or month. There is a lot of wiggle room in mid-calendar year and early H2 statements.

BearDownAZ