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alertmeipp

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alertmeipp

Re: valiano post# 5733

Friday, 01/12/2024 10:00:53 AM

Friday, January 12, 2024 10:00:53 AM

Post# of 7828
You are assuming

- RVNC will HAVE to pay cash to settle the convertible - That's not the case.

- There will be no other financing available to RVNC even it becomes cash flow positive in 2025 with 400mm+ of sales and growing. - That's not likely. If they have 400mm sales in 2025 and generate cash, they should be able to refinance their debt.

- Zero milestone payments from China, etc... They should get 40mm? this year if approval comes (that's the current expectation).

Sure if all your assumptions were true, then obviously your conclusion will be>
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