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Message: Re: Saudi
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Jan 16, 2021 08:55AM
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Jan 16, 2021 09:34AM

,,My mistake.....the warrants are listed on TMX in the amount of 2,552,389...,,@ $2.05 that would equate to $5.23 Million in the coffers,,,,,and I beg to argue the fact that at this point in time the diltuion of 2.5 million shares to RVX and existing shareholders, with RVX having 233 Million shares out ( and that is probably an undiluted number), in exchange for that $5.23 million is an excellent deal! Much better than the Saudi deal all eyes are on to close yesterday! My grade 10 math seems to imply your point is a poor one.

The Sheikh gets a PP at $1.08 for 12 million shares???,,,, and you have no issue!!,,half the value RVX would get from the June warrant holders,,,,,,,Hummmmm??.. why??....because he is a prefered participant??..ahhhhh,,..You must bet part of the managment team!

 

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