RE: RE: RE: RE: RE: RE: Royalty However, we give up our Resverlogix Royalty Preferred Shares as part of the receipt of the Newco shares. So as I understand it, we won't hold these Royalty Preferred Shares and hence no royalty/dividend for us shareholders.
pg 17: Procedure for receipt of Newco shares:
"All of the Resverlogix Class A Preferred Shares and Resverlogix Royalty Preferred Shares issued to Resverlogix Shareholders will be transferred to Newco in exchange for Newco Shares and the Resverlogix Class A Preferred Shares will be subsequently redeemed. Accordingly, Resverlogix will not issue share certificates representing the Resverlogix Class A Preferred Shares and Resverlogix Royalty Preferred Shares to Resverlogix Shareholders."