...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: Exempt Distribution on SEDAR

hey all, long time reader first time poster here.

No one brought it up (from what I saw) but I noticed this morning that RVX filed an exempt distribution yesterday (April 20th) on SEDAR for 150k shares at $2.00. Wondering what this could be and what thoughts are on it. I'm not too familiar at reading these types of documents but it didn't seem to list a purpose for the distribution nor the recipient of the shares. First thing that comes to my head is a temporary cash infusion to keep them afloat before a larger financing deal coming through, but it could be something insignifcant too. 

Share
New Message
Please login to post a reply