TSXV:RTI.H - Post by User
Comment by
BrunosBreweryon May 30, 2017 10:34am
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Post# 26300111
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RTI/ACB Study Results Tomorrow
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RTI/ACB Study Results TomorrowI actually laughed out loud when i read that "A company doesn't give you 3 Million dollars to see if something works." We've basically just pulled back to yesterdays trading range after we traded up that extra .02 cents on low volume before close yesterday but with this partnership news, we will be above $1 in no time
DoctorKay wrote: Cashmeousside wrote: billionysworld wrote: Still can't rule out the possibility of a NR today. Historically, ACB has been early if not on time with their NRs
It can be today, tomorrow, or June. He gave his 'expectation' of end of month, presumably in case Annandia takes longer or it takes longer to finalize the release.
As I understand it, the results are in and Annandia's responsibilities have been concluded. Any waiting now is at the hands of ACB and (or) RTI. I personally beleive the results have been concluded for a week or so and that ACB and RTI are negotiating the next steps of this process. Whether that means more testing, a new MOU, a buyout or an exit strategy where they part ways is anyone's guess.
My favourite quote throughout this MOU has been from RTI's CFO (I beleive... might have been CEO) "A company doesn't give you 3 million dollars to see if something works."