I like to check my sources of information as best as I can. That kind of checks includes my recollection of things that surprised me.

Having SF99 all of a sudden reappear with a  completely different view on the Company, and using name-calling for the Company, makes me wonder if we ever got a convincing answer to Ledenfrogs questions some years back?

Just asking?

BR

BKC

When discussing questions that have been asked before - did we ever get a convincing answer to this one?

BR

BKC

As for NASDAQ listing requirements - including bid prices - here is a great link:

https://www.pwc.com/ua/en/services/capital-markets/assets/listing-in-the-us-ua-en.pdf

Koo, there are various ways to qualify for a NASDAQ listing. One of them is a combination of a bid price of 4 dollars and a 75 million dollar market cap. Resverlogix has the market cap but not the bid price, if they reduce the number of shares, the bid price goes up and the market cap stays the same.

5 one-dollar bills or 1 five-dollar bills - to me it is the same.

As for a major partnership with BP, I too would like to see that, but that just changes the question to whether you prefer 4 five-dollar bills or 1 twenty-dollar bill, again it is the same thing.

If there is no reverse split, no NASDAQ listing (because the bid is too low) and no deal with BP - wouldn't you then have liked to have a reverse split and a NASDAQ listing?

We have heard about a licensing deal and a NASDAQ listing as two things high on Don's agenda. To get a NASDAQ listing - as far as I have researched the topic - they need a bid price of 4 USD/share. They are nowhere near at present. However, the market cap of Resverlogix is large enough for a NASDAQ listing, so one possibility would be a reverse split (which is a non-issue in my mind). Another possibility would be to have a deal with BP and make the analysts (the two new ones that DM referred to) rave about the importance of such a deal, leading to multi-dollar pps targets. Alternatively, if Zenith signs a deal - something I think is more likely than Resverlogix striking one - this may also shine a positive light on RVX. A Zenith deal would not be enough for a 4 USD bid, but together with a modest reverse split, it would be enough to qualify for a NASDAQ listing on a positive note, a listing that would be used to raise funds for the next year's operations. I expect that the loan issue would be solved by an extension of the terms of the loan in exchange for additional warrants to Ken Dart.

The reason I am no longer so sure that Resverlogix has struck a deal is that Don sounded much less confident in the NY presentation - and, more importantly, that there has been insider buying - both by senior management and more recently by a director from the board of directors. I am not sure this would be allowed if they had struck a deal with BP.

Anyway, I think the big thing at the AGM is going to be centered around a NASDAQ listing, possibly also a reverse split. (BTW a reverse split is the same as turning 5 one-dollar notes into 1 five-dollar note, you would never think this as anything important, but when it comes to shares, people sometimes think they are being shortchanged by reverse splits).

Best regard,

B.