Whether DM played his cards right over the years from a financing perspective can be debated. But in the end, he scratched and clawed and got us there, with essentially no dollars to spare. Give him credit for that. Anyone thinking a PP would have been a practical alternative to the debenture is out to lunch. It would have taken too long with no guarantee they could go back to the well again and they would have had to incentivize the warrants too generously again. Ori Star has the look and feel of a strategic alliance, although they or Goldman Sachs on their behalf clearly walked down the sp for their own benefit.

But really it does not matter at this point. The sp is going to be a lot higher or lower on Monday. Also consider that at April 2017, RVX had 105,000,000 shares o/s. By July 2018, that number rose to 177,000,000 and today it is somewhere in the neighbourhood of 210,000,000 if you assume Ori Star will convert and I am not even counting all the warrants and options etc. The point being we are here, we have suffered massive dilution to get here, but if we meet the primary endpoint and the detailed data is strong, all will be long forgotten.

You have to think/hope the DM has all the players in place whether Goldman and Ori Star, Rothchild, Hepa, Dart, Pfizer or other Pharma etc. for a positive topline (I am in the binary camp, I think RVX is toast with bad results, you can only live on financing fumes for so long) and there is actually a strategic  plan he can finally unveil to some degree during the webcast.

I expect a halt on Sunday or first thing Monday morning and definitely an hour or more before the webcast. I expect the halt to continue until at minimum the webcast if over, if not longer. Like all I am hoping and praying for good results, as everything else is meaningless at this point and just white noise. Good luck to all.