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This is just my opinion but I believe tada's explanation from Tuesday is the closest being posted here to correct. As far as I am concerned, the shares from the spinout and the shares being traded on the OTC are the same shares. ZCC is correct in their responses because they never listed any of their shares there so they have nothing to do with the trading of them. The only place for the OTC shares to come from originally was from someone holding spinout shares talking the OTC into listing them for sale. They list them and someone buys them and there is that market but they were originally spinout shares. As we know, the OTC is lightly regulated and considered by many to be a risky crapshoot. For that reason, trading is light (especially for a stock that is so cheap) and way below fair value. To begin with, the only persons putting shares for sale there were those who just wanted to liquidate them at almost any price. You might now get some buying in at these low prices and trying to trade on the flucuations down this low but as we now with the low volume, not many are interested in that either. I don't feel anyone should fear the validity of the shares there but there is fear of the OTC itself that keeps most away and institutions won't touch it and maybe even can't as they don't deal on that market.

If DM can't stimulate more interest in RVX, some day he won't be able to raise anymore cash and the stock price will drop so low that they are de-listed in Toronto and they will go to the OTC. The share price will drop to a tiny fraction of a penny as nobody wants them. It acts as sort of a share graveyard. There you can try to sell them for such a low price that it won't cover your trading commission or gift them to your brokerage so you can use the tax loss unless you had them in a registered account originally.

I feel that anyone that bought OTC will be just fine should they hold them until there is an event that drives the price up, if that ever happens. If there is good demand then as there should be or the price wouldn't go up, they can be sold or if that causes them to be listed on a 'real' market, they are in your brokerage account so sell them there. If there is a buyout, the shares should draw the same price as the rest of the spinout shares or the same royalties whatever the case may be.

Brokerages have been hesitant to buy them for you as legally, when they look at the OTC (lack of regulation) and the shakiness of the company, they don't want to be responsible for processing a bad deal for you. There is less issue for them in selling the shares as you already own them and they process a sale and it is done so nothing can go wrong after that.With buying shares, you still hold them and they worry that maybe it is a sham company that does something underhanded that the lightly regulated OTC doesn't pick up on and you lose it all.

Just an opinion!

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