Re: thanks Bear, was so darn excited :) I couldn't get it posted right..
posted on
Mar 23, 2020 10:58AM
This PR has a "look at me, look at me" quality that smells of desperation. While everything in it (to my eyes) is accurate and on point, as others have said....should not Resverlogix already be in contact with the parties this NR seems to be trying to reach?
And regardless of that fact, without a promotional push behind it....who's even going to see it beyond shareholders? In my opinion, precious few....they're not evangelizing, they're preaching to the choir.
Back in early May they engaged LilaMax Media to do some promotion...and then just after the promotional video went up on youtube they put out news which likely meant new eyes reading and potentially investing. By contrast today's PR is like announcing something to an empty auditorium.
As for the NKF and the possibility that sprang to my mind...I saw at least the potential that some sort of deal was near to completion, however since that thought sprang to mind I've seen others posting a number of other very plausible possibilities, more plausible than a deal being consumated in the near term imo.
Back to today's news, ultimately the needle on the richter scale is barely moving again....the only way I could see today's news having a positive impact were if it were being announced on something like Ellis Martin's radio show, or by the same LilaMax Media they've used before...without promotion I can understand why current holders would have a negative impression....but even still the volumes we're seeing doesn't suggest any sizeable holders are running for the exits, maybe some guppies imo.