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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2580

Tuesday, 05/10/2022 5:38:43 PM

Tuesday, May 10, 2022 5:38:43 PM

Post# of 7254
Addendum—Until Daxi is FDA-approved for marketing, GAAP mandates that the cost of producing Daxi inventory be charged as an R&D expense. In other words, RVNC’s reported R&D expenses are artificially high.

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

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