Revive Therapeutics Ltd (RVVTF)

[Ecomike]

"Never seen an offering above current market get concluded and then lose 75% just weeks later "

Not surprised, but because I have a lot more experience in these stocks,.... I have, in fact I helped one raise cash at .21/share in 2014 when the lows had hit .04 and recently, seen it in another Biotech, Athx, that fell from the $1 to $3 range it traded at for 10 years (to .12/share) while burning up cash on multi stem research for decade, 100s of millions....

And it raised 12 Million dollars just after only to get R/S days later and lost another 80% of the share price it raised the $12 Million dollars at and the fell another 70%, only to rally 200% since then, and managed to stay on Nasdaq.

Institutional firm put in the 12 Million dollars, took a huge paper loss, then made a second deal for more shares and warrants..

The last the last 14 months has been brutal to Bio-tech drug start ups, pre revenue, pre-profits.

That is obvous and well know to ones who have been in the market for decades.

I was trading the week the DOW dropped 40% in 3 days in 1987. I made a pile of money buying the knife on day three.....

The said part is I seem to be the only one that sees what is really going with RVVTF.

It has nothing to do with the CEO nurse maiding or not nurse maiding retail share holders.