InvestorsHub Logo
Followers 171
Posts 20505
Boards Moderated 5
Alias Born 09/06/2010

Re: idcc2006 post# 27740

Sunday, 10/09/2016 4:32:10 PM

Sunday, October 09, 2016 4:32:10 PM

Post# of 30990
The Company's 8-K announcing the bankruptcy and liquidation has different numbers.

Rock Creek Pharmaceuticals, Inc., together with its two wholly owned subsidiaries – RCP Development, Inc. and Star Tobacco, Inc. filed voluntary petitions under Chapter 7 of the United States Bankruptcy Code in the District of Delaware on September 27, 2016.

The case numbers are 16-12120, 16-12121 and 16-12123, respectively.

Rock Creek Pharmaceuticals, Inc. reported total assets of $35,139.15 and total liabilities of $21,300,999.35. RCP Development, Inc. reported total assets of $31,308.57 and total liabilities of $51,956,693.87 and Star Tobacco, Inc. reported total assets of $482,289.25 and total liabilities of $12,253,700.31.

https://www.sec.gov/Archives/edgar/data/776008/000114420416125682/v449563_8-k.htm

That adds up to assets of about $550K and liabilities of over $85 million.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.