RVRC has proposed to exchange all of LipoVac’s outstanding capital stock for common stock of RVRC such that following such transaction, LipoVac shareholders will own between 20% and 40% of RVRC on a fully diluted basis, depending on the size of the private placement that
The combined Company anticipates executing on its strategy involving significant growth in shareholder value as the projects will be developed. This strategy includes continued R&D investment, new initiatives, as well as strategic acquisitions.
Legal Notice Regarding Forward-Looking Statements
This release includes forward-looking statements. Such statements involve risks and uncertainties which could cause actual results to differ materially from those set forth herein. No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. Although RVRC believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, unanticipated losses, financial condition and stock price, inability to carry out research, development and commercialization plans and other specific risks. RVRC does not undertake any obligation to publicly update any forward looking statement. Neither RVRC nor LipoVac are subject to the reporting requirements of the
Contact:
inna.martin@reviumrecovery.com
Source:
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