Re: Looks like 0 participation in warrant incentive imo - answer to my email...
posted on
Jan 16, 2020 01:13PM
Assuming I'm right though, and there was 0 participation then the question still begs....How is the company financing day to day operations? Going off memory there was ~$200K left on Sept 30th, and subsequent to that $1.5 million was raised. That's less than $2 million to finance operations for 3 and a half months to date.
Very sad response. Ever get that sinking feeling. Feels like we are all moving deck chairs on the Titanic. But still have faith. DM, Board and RVX employees have much to lose too. Hopefully they understand limits in funding. Another round of issuing additional shares will not work. Who wants to loan funds to a company that has no income? Gone Baby Gone. RVX needs BP. Hopefully there are several interested.