Replies to post #35876 on Revive Therapeutics Ltd (RVVTF)

[PennyWorld]

RVVTF has 356 million in O/S and only 2.5M in cash. They are going to need cash. Everyone knows that MF and his insider buddies will never freeze their compensation packages in order to cut the cash burn rate. Diluting to raise cash at these low PPS levels will not cut it. And I doubt MF will take on new fresh debt to pay the bills. FDA success would have bailed them out with a higher PPS to dilute. So unfortunately I predict a nasty R/S in the near future. It is what it is. JMHO