Every time a company issues new shares, whether it be primary issuance or warrant conversion (if I understand it correctly), the company must announce it...or at the very least file it with the relevant authorities.  So even if RVX does not announce it in a press release, they will have to file it.  Just like they did back in November, when they sold shares & warrants at $1.33 strike.

So whether RVX wants to or not, the market will find out what is going on with warrant issuance.  Better to be open about it and announce it regularly, as and when they convert.

I think the sound of capital flows into RVX coffers will definitely lift our spirits.  And more importantly, the share price.  A win win situation if you will, for the warrant converters and existing investors.