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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

Comment by ENEMENEMYNEMOon Nov 04, 2020 8:16pm
199 Views
Post# 31839955

RE:cost basis

RE:cost basis

From similar scenarios in the past... more so when a company goes private...if you hold shares in an existing "non-trading" company you basically have  NOTHING!!! 

The majority holder (McCrappity) can do what ever.  Which usually leads to dilution ( in his favour) and nothing for you. You have no say and nothing to sell. The 2013 deal stole value from RVX and put it in others hands...ie:not yours!

So for all of you who keep harping about Zenith on this blog...sorry to say you got sucker punched. You can follow the news on Zenith with $tar$ in your eyes ....the same stars Don is watching right now from his 98ft cruiser.. 

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