Toinv, the here and now is what really counts because anything can happen between now and then should what you say come to fruition. Actually, HL does not need to convert the $6Million come next year. All they need to do is wait RVX out and if they cannot pay back the $6Mill they have all rights to the IP. And if they do decide to convert their debentures into shares, by your count including ORI's 16 Mil shares still does not get them over 50%+1.

But as you say, this is all hypothetical and where things may end up down yonder, is anybody's guess. What worries me the most is the lack of financing we presently face here and now. So whatever HL and ORI can do to help to get us over the hump, they should as it is their fiduciary obligation as paid board members of Resverlogix.

IMO ... Koo