Rivulet Media Inc (fka RIVU)

[coloradoKid]

I think it is the next step in spinning regen out of BMSN. Essentially, he is reducing BMSN's corporate holding of regen by 50%. After the dividend, BMSN will own less than 40% of Regen. Add a 100M regen dilution to the mix and that percent goes down to about 7%. Finally, throw BMSN into bankruptcy liquidating its assets (7% stake in regen) and walk away. Keep in mind that all cash recovered from the 4B share dilution of BMSN thus far has been repatriated to regen for the ops expenses. I would expect to see the ip and licenses are probably co-owned or wholly owned by regen. If not, regen will probably by them at fire sale prices out of bankruptcy.

This, of course is just my opinion. I could be wrong.