DD Support Board and Research Team

[nodummy]

RDGL - I agree 100% that a lot of what RDGL is saying in their press releases and vague 8Ks makes little to no sense. I'm not sure who is writing it but they should seek some help unless their goal is to intentionally confuse people.

And I agree 100% about how absolutely annoying it is that RDGL has failed to provide documents and exhibits to back up the nonsensical bits and pieces they are sharing so that we can read the documents to fully understand what is going on.

By not being able to view the amended convertible Notes, the door remains open that there may be some clause in the new debt conversion terms that will allow the Note holders to avoid losing money if the price drops below $.004/share. In fact, I'd be shocked if there isn't. So the fact that RDGL has yet to provide its investors with a copy of the amended debt Notes is extremely disappointing.

Combine those missing documents with all the other missing documents: No copy of "Standstill" or the "Path Forward Standstill" agreement, no documents for the private placement, no documents for the alleged agreement between the Chairman and RDGL that explains whatever arrangement those two sides made to pay the Chairman in cash from money raised in exchange for a reduction in various liabilities owed to him, etc.

I'm not a fan of SEC filers that use PRs to restrict information about important material events that can have major impacts on the share price while filing pretty much no disclosures about those events with the SEC. It makes you wonder what information they might be leaving out and if they are spinning things in a misleading way to make stuff sound better than it really is.

RDGL probably feels like it is being transparent with their parade of press release, but the problem with that is that most people know not to trust what penny stocks say in press releases. I want to trust RDGL, but when they fail to make proper public disclosures and only share bits and pieces of information it makes it hard. Especially since we see it over and over again with penny stocks where they avoid disclosure so that they can spin things to fit an agenda or to manipulate the share price.

To your other points. Yes, it is possible that the RDGL Note holders had already called for some conversions prior to the 10 day freeze using the old conversion terms which would have given them stock at $.0014/share. They could have still still been holding that stock through the 10 day freeze then started selling it immediately after the 10 day freeze ended. I think it is pretty obvious that somebody besides just retail was selling stock into the market starting right after the freeze ended.

And like you, I also wonder how RDGL is going to manage to pay for their business operations moving forward. They had no cash on hand and no revenues as of the last 10Q. They make it sound like most of the approximately $700,000 they allegedly raised from the private placement will be used to make the Note holders happy and square up some long standing liabilities with the Chairman. How much if any of that money will they have left to pay for business operations moving forward? Even if their pet product has completed all the phases needed to go to market, it still costs money for manufacturing, marketing, and distribution. Plus they obviously have a lot more R&D to go for the human side of their product. Assuming they do manage to get something to market, they are likely to lose a lot of money before they start seeing any real profits. It's hard to imagine them getting through the whole process without having to eventually sign some more toxic Notes.

RDGL has their next 10Q due out in November so maybe we'll get some answers in there.


My other notes here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144202581