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Resverlogix Corp T.RVX

Alternate Symbol(s):  RVXCF

Resverlogix Corp. is a Canada-based late-stage biotechnology company. The Company is engaged in epigenetics, with a focus on developing therapies for the benefit of patients with chronic diseases. Its epigenetic therapies are designed to regulate the expression of disease-causing genes. The Company's clinical program is focused on evaluating its lead candidate apabetalone (RVX-208) for the treatment of cardiovascular disease and associated comorbidities, and post-COVID-19 conditions. RVX-208 is a small molecule that is a selective bromodomain and extra-terminal (BET) inhibitor. BET bromodomain inhibition is an epigenetic mechanism that can regulate disease-causing genes. RVX-208 is a BET inhibitor selective for the second bromodomain (BD2) within the BET proteins. It partners with EVERSANA, to support the commercialization of RVX-208 for cardiovascular disease, post-COVID-19 conditions, and pulmonary arterial hypertension in Canada and the United States.


TSX:RVX - Post by User

Post by general360on Sep 30, 2020 4:45pm
305 Views
Post# 31643760

guess for deal....

guess for deal....if the whisper campaign was 8$ a share; puts us around 1.7-2B.   and mgmt was expecting a bump to around $5 based on BTD....

i'm guessing -

im thinking of about a 500-600 millllllion dollar dollar bills y'all up front payment.  sounds reasonable in line w/ those estimates about deals?  ~217 m shares outstanding x ~3$/share would be about the 8$ whisper.

so 8$/sh with BTD= ~5$, plus 500-600 mil upfront fee.  then, plus milestones along the way to BOMII success?  knock it out of the park and BP pay$$$$$$$$$$, barely make it and the only pay$$, good for all parties? so start w/ around 8$/share, and away we go?

or, it could be 1.7-2B up front payment, which puts cash in hand @ 1.7B plus intangibles, then we'd be off to the races and id say we'd go alot higher than 8$/sp w/ 8$/sp cash in hand and BP validation.  

would BP cough up 100M? i'd say yes; 500-600M? Maybe?  but 1.7-2B up front, w promises to pay 3-4B or 8-10B based on ?20% RRR? %30+ RRR?

im wondering the feasibility of

a very very large up front payment 1.7B-2B
a medium size up front payment 500-600M
a smaller, chump change up front payment 50-100M

i forget the actual number, but i think we'd need 30+M just to clear the accounts payables, debt, etc. so i'd guess option 3 of chump change isn't going to fly.  that'll leave a very large upfront, or medium size upfront.  id prefer large fries w/ that please...

my other rambling thoughts...

whats it gonna take to move the needle at least medium-size? not the .30 or .40c we've seen recently.  not to sneeze at +30--40%, but yes, i will sneeze after -60 or -70%....  disspointed in yesterdays/todays action, thought we might be off to the races.  way out of my league w/ this, but i saw a few dark trades (3 or 4) and some crosses in yesteradys trading.  showed up w/ a different markers.  also saw cannacrap w/ some really large national? cross trades, at least 3 yesterday, 30k shares, 29k shares and another 30k, around 100k shares total, which was about 20% of yesterdays action.  dont really know what the implication is, i havent seen this much if at all here, at least for cross trades, but dark trades, someone's trying to hide what theyre doing....dont know if its the buyer, the seller, or both....cannacrap seems to be dumping last 2 days at least, so i'm wondering if the big cross trades are moving things around behind the scenes to manipulate the SP and build a pos'n...the games could be to either build a pos'n, or to get out of a pos'n. i bit and bought some more, despite my inner anger at being in my current predicka-mint.  straight down she goes right away.. thats why i was hoping she had legs and knowz how to use em....i would think a distribution event would be larger than the volume indicates over these last few days, so i'm hopin its games being played for the big(er) fish to build a pos'n and our rise isn't over.  we'll see over the next few days let alone months/year's end i suppose. will we resume our climb, or are we gonna drift lower, back to our -10% every day....volume looks like it already dried up today...

go rvx go....



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