News Focus
News Focus
Post# of 257382
Next 10
Followers 843
Posts 122860
Boards Moderated 9
Alias Born 09/05/2002

Re: DewDiligence post# 212897

Sunday, 11/05/2017 3:45:05 PM

Sunday, November 05, 2017 3:45:05 PM

Post# of 257382
RVNC’s net current assets at 9/30/17 were $134.8M (https://www.sec.gov/Archives/edgar/data/1479290/000147929017000042/rvncq31710q.htm#s566245125C215CE2A164C516887ADD48 ). This figure is less than the reported cash figure of $153.4M due to an excess of current liabilities relative to non-cash current assets.

There was no use of the ATM financing facility during 3Q17 other than the previously reported sale of 389K shares @$25.56 (for proceeds of $9.6M) on 7/5/17.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today