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Message: Re: Saudi
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Jan 15, 2021 11:45AM
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Jan 15, 2021 11:54AM

Fuzz ... no real answers here, but the $13 mil could go to short term operations prior to a BP deal/cash inflow. That's been mentioned a few times. It also doesn't hurt to also show BP that there are funding sources available, should something break down or slow down, or if there are negotiation sticking points, or BP just trying to steal a cash desperate company.

In the back of my mind, I'm still wondering just a bit if the Ori conversion is possibly a "clean up" of IP liens, for other imminent deal making, unemcumbering the IP? Still trying to figure out why Ori would do that move in that timing, absent a pending deal? Why not ride out their leverage for a little bit, unless there was obvious immediate or short term upside, and maybe a conversion requirement for that convertible "upside" (RVX stock) to be realized?

Hopefully option-3 isn't the distilled yield of the recent financial moves by a few, but I also wonder about a possible Ori connection to the Sheikh, and maybe others, for either short term financing moves, positioning for upside by financiers, deal posturing by RVX, or a realistic option-3?

I guess we can go crazy though, guessing what is behind the curtain, while waiting ...

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