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fr8

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Alias Born 04/15/2016

fr8

Re: J-Belfort post# 148

Wednesday, 02/03/2021 8:47:12 PM

Wednesday, February 03, 2021 8:47:12 PM

Post# of 1069
As I understand it:

BRPAW = Warrants which move over to NRXP when the conversion is done. The strike day is in December of 2022 but NRXP has the right to change that to something much closer to us. You have to convert before the strike day or your warrant is worthless. Agreed that since the warrant is 1:1 conversion it will need to be at or above the list price of NRXP.

BRPAR = Rights and it is 1:10 so you have to buy them in bundles of 10. They convert to the NRXP stock automatically on the conversion day.

I thought the way things were going was this:
1) RLFTF is a small Swiss company so they made a deal with NeuroRX where NeuroRX takes the drug to market and arranges distribution for which NeuroRX (NRXP after the conversion) gets 50% of the profits.
2) This leaves RLFTF as a OTC stock and they may do a reverse split to get itself out of the OTC.

Hows does ACER fit into the picture?
NeuroRX is doing most of the work, right?
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