BDAZ/Toinv
Based on RVX's 4/30/19 Financial Statements, Note 12, Royalty Preferred Shares,
I compute a value of Royalty Preferred Shares of ~ $800MM USD, or $10 per share.
This assumes RVX has a positive top-line and revenues commence 12/31/2022.
Since Zenith Capital owns these shares they will have adequate funding
for development of their portfolio.
If RVX does not have a positive top-line, ZEL will need funding
jmo
Soon we will have the answers
Chicagoest