Jon ... good points, and well stated. Struggling to wrap my head fully around all of it strategically, but you mentioned some things I have been trying to fathom myself. Hepa does seem like a great partner, just scares me when they have such a firm hook into the IP, and growing ownership (and a potential "bloc" with Ori).

But yes, allowing so much of their capital to sit sunk and idle (even if well collateralized) without growth, is very encouraging. Along with their 50% commitment for BoM2, should RVX ever come up with the other 50% somehow.

As frustrating as the lack of progress has been, along with the fear of insolvency and creditors salvaging/seizing the assets, this is promising. It "appears" that Hepa, and with their inside view, still believes in a valuable ROI at some point. And not just stealing the IP for sale or development, on their own, apparently.

Not the ultimate good news of financing or sale, but definitely good news.