That is what I said all along. 

The warrant holders were given a long rope (1 month!) BY RVX, to hang RVX...and by jolly, they did exactly that.  Simple game theory would tell you that these lottery winners will wait till the last minute to send RVX their dough.

Those lottery winners have now won an even bigger lottery.  Instead of paying $1.33, they get to rake in their chips at $1 or so.

Don McCaffrey is shooting blanks as far as his Plan B, C etc.  Anyone wanting to deal with him can read the latest financial filings and know how badly Don wants the moolah. But given that the insiders are prohibited from subscribing to the warrants, the White Knights (Hepalink) who could have provided cheap capital, now can't be called up coz they possess...well, insider information.

The only good thing I can think of, is that $1 feels like a key level.  Let's hope it does not break lower...otherwise we start pricing RVX not as a possible dream...but a real nightmare with going concern written all over it.