"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."
Based on that disclosure, the hole is much deeper than just $5 million. It is closer to $83 million.
Which is why they filed Chapter 7. There is ZERO chance of reorganization, and no chance of common shareholders recovering anything.
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