Growacet

I'm going to take a stab at total shares outstanding after the last two dilutions.

RVXOT - please correct me if I am wrong on this:

Q12021 MDA published on 10/02/2020, p21 states that Outstanding Equity Instruments, exclusive of Royalty Preferred Shares, totaled 268,358,246.

On 10/6/20, Resverlogix announced the foreign private placement of 10,560,000 equity units plus 10,560,000 warrants.

Today they announced the ORI debt to equity conversion adding an additional 16,100,000 common shares.

Total fully diluted shares outstanding as of today I compute at 305,578,246

1Billion US is 3.27 US $ per share, or 4.36 Canadien $ per share based on the above.

Remember that the Royalty Preferred Shares are in addition to the above. There are ~ 75,000,000 Royalty Preferred Shares Outstanding. I would think that  the price per share would be further diluted by the revenue stream allocated to these shares. Thinking in terms of 8bil as a benchmark for a BTD, a portion of those dollars may go to Zenith Royalty Preferred Shares. $20US/sh? after stripping off the RPS liability.

Chicagoest