Nuvo Pharmaceuticals Inc NRIFF

.30 Warrants

[Montrose2]

That factor might be the "glimmer of light" in this otherwise gloomy news release. Hard for me to believe that the underwriters will be going to retail investors with 100 million shares to be parcelled out in dribs and drabs. More likely that a small number of deep pockets are already lined up. It therefore serves their interest to see the share price rise above .30 to get those warrants into a position for profitable exercise. That level might not be the "to the moon" shot that many people were once hoping for buttttttttttt it is a 50 per cent rise above todays level and would likely constitute significant capital recovery for a good many people. Remember, Capital Recovery (getting your money back) is the second best event in the stock market game. Again, those of you who were in at 10.00 you have my condolences.