Re: Some history
in response to
by
posted on
Feb 06, 2023 12:58PM
Interesting post dutchfella and it just seems to make sense given the last 3 years of no achievements on the financing side hence no progress on the science.
As soon as I read this it seemed very familiar and reminded me of some posts a few years back when posters were trying to figure out Don's education level. Some thought he was a PhD and others thought he was an MD. As it turns out the conclusion from those posts as I recall was that Don had completed 1 or 2 years at some college or tech school in Alberta.
There was also mention of Don's successful brother in one of those posts but I can't recall the specifics.
I have never met Don so the only way I can judge him is by his actions, his abuse of forward looking statements, his using Covid as a device to hide from shareholders, his disrespect for retail shareholders and the mushroom management style used. One does not get a reassuring feeling from this style.
Don is collecting a salary of approx. $500,000 from RVX and another $100,000 from ZCC. Surely him and his team should be expected to earn some of that money.
I used to get excited when I saw things like the nice little, but short lived, ramp up we saw last week. Heck, 9 years ago I was actually pumped by the idea that I owned shares in a Canadian biotech that I thought was on the cusp of launching breakthrough science into the field of medicine. But the last few years have proven to me that science cannot do the job alone. A competent, honest and hard working management team is also required for success and that does not exist at RVX.
I really hope that the BOD and specifically the ORI component is exerting a ton of pressure on the management team to achieve even just the minimum of paying out the debenture, thus securing the IP. But ORI and Hepa may have a different objective.
It sure would be much more fun to be posting good news about Don's achievements, but they don't exist.
GLTA
Cynical Toinv