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Re: MineAllMine post# 27769

Friday, 10/21/2016 2:32:56 PM

Friday, October 21, 2016 2:32:56 PM

Post# of 30990

RCPI could issue a similar update; and, if it is not legal to do so, they could issue a PR saying why they cannot divulge anything to with IP or other matters



They did. The last 8-K is very clear the chance of recovery for common shareholders is zero.

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

"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."

The fact that it is a Chapter 7 bankruptcy, coupled with the massive amount of debt and almost zero assets, is all you need to know.





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