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Your answer to this question is over on the MYMD board, the successor to RCPI and all its technology - same Johns Hopkins people, and Jonnie Williams in deep background.
Covid-19 patients are suffering from various inflammation symptoms even after being "cured" completely. It seems there is no complete cure for this man-made nasty virus. Would anatabine help alleviate those symptoms, anyone think?
Rock Creek Pharmaceu (RCPIQ)
0.0001 ? 0.000099 (9900.00%)
Volume: 254 @11/05/21 2:35:57 PM EDT
Bid Ask Day's Range
0.000001 0.000001 0.0001 - 0.0001
RCPIQ Detailed Quote
Also, I can be reached at: anatabloc@mail.com . I’m trying to collect contact info for those of us old “Anatablocers”.
Do you think it’s working as well for you as the original Anatabloc?
I only ordered one bottle. The whole time I have been ordering from them they sent two for the price of one. I don't know if this is a new deal for everyone or if they sent me an extra bottle because I have ordered a lot from them.
Thanks for the update. How many bottles did you order when they sent you three?
Yes, it is a better deal getting 3 bottles instead of 2, but I wonder if there is something else going on. Perhaps it is just that they are charging a more reasonable price for it. I just hope they don't take it off the market.
I don't know how many read this board anymore or if you still use anatabloc as I still do. Last week I ordered from pickvitamin and they sent 3 bottles to me. They have been sending 2 bottles for one order this whole time but if it's 3 now that's a good deal.
Just a heads up if any of you want to use anatabloc but thought the price was too high.
Rock Creek Pharmaceu (RCPIQ)
0.0005 ? 0.0 (0.00%)
Volume: 356,013 @09/22/21 3:31:43 PM EDT
Bid Ask Day's Range
0.0002 0.0013 0.0004 - 0.0006
RCPIQ Detailed Quote
RCPIQ is expected to lose its public quotation status at the end of September. Assuming the SEC doesn't suspend it before then. They have started to clean up a lot of delinquent filers, including bankrupt ones, prior to the new Rule 15c2-11 effectiveness.
TD Ameritrade has placed RCPIQ on its restricted list in expectation of the loss of public quotation. They will only accept sell orders from this point forward.
https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf
Sorry Leif, but I have no idea if something can be done with the RCPIQ listing, but I sold off 1/2 of a significant position in RCPIQ, and am letting the rest go to zero or whatever only because the trading in RCPIQ didn't look normal, like today's.
Should I take this to mean that you think there may be a way a company can survive a Chapter 7 bankruptcy?
Yes, I'll believe it, but only when I see it!
Do you agree with 1manband that RCPIQ will be cancelled without any possibility of restoration?
Chapter 7 and 11 bankruptcies are different. Recovery from 11 is possible. I've seen no evidence that 7 is anything but fatal for a corporation.
Can anyone refute this: There is no way a corporation can survive a chapter 7 bankruptcy.
Anyone care to comment on recent activity, like today when most of the volume was at the higher prices. One could explain that the volume was due to short covering, but why cover a stock that is going to zero!
Rock Creek Pharmaceu (RCPIQ)
0.0018 ? -0.0003 (-14.29%)
Volume: 379,276 @08/13/21 3:43:11 PM EDT
Bid Ask Day's Range
0.0001 0.004 0.0016 - 0.0022
RCPIQ Detailed Quote
Does anyone here see any significance in the fact that the bulk of today's volume of 113k so far were "BUYS" of 52k, 44k, and 5k at .0013, .0016 and .0015. Why would anyone be buying under the circumstances!
I got the same message. I've already sold my shares in my IRA's. I still have some shares in my TDA brokerage. I was holding on to them in case a miracle happened. I guess now we have no choice. I was also hoping nothing would happen until next year so I didn't have to report the loss on my income tax this year. It would be better to do it next year.
Since the stock is bankrupt and has already been liquidated, the common shares will, eventually, be cancelled without any payment to common shareholders.
Not being able to trade it in the future is guaranteed, so the new SEC rule is not going to change much.
Any advice on how I should deal with this message from Ameritrade?
Message:
On September 28, 2021, new amendments adopted by the U.S. Securities Exchange Commission (SEC) go into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.
Ahead of the regulatory enforcement date, we will only accept orders to liquidate positions (i.e. no new buy orders) starting August 13, 2021. After the amendment officially goes into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and market liquidity may also be very limited.
What this means for your account(s).
You are receiving this notification because you currently hold one or more of the impacted securities in your account. We're including the list below but be aware that it may not include all of your impacted securities. There is also a chance that the impacted companies could come into compliance with the regulatory requirements ahead of this date and be removed from the list. For a current list of all securities (which is subject to change), please visit www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf.
RCPIQ,
You have multiple options to consider, such as:
* Take no action. You are not required to sell these securities; however, starting August 13, 2021 we will restrict these securities to liquidation-only transactions. You may continue to hold them, but you may have difficulty selling them in the future and there is no guarantee as to what their future value will be.
* Place trades to liquidate. You may place trades to liquidate these securities now. Due to the uncertainly, we cannot guarantee there will be sufficient liquidity to close your position(s) in the future.
* Transfer your positions to another financial institution. Other U.S. financial institutions are also impacted by this amendment so you may have difficulty transferring them out of TD Ameritrade. If you are interested in transferring the assets, please submit any outgoing transfers requests to us. (These transactions may incur fees or commissions, depending on the asset type.)
Kicking the habit, Philip Morris forges $1.5B deal to acquire Vectura in race to build a top inhaled-drug company
https://endpts.com/kicking-the-habit-philip-morris-forges-1-5b-deal-to-acquire-vectura-in-race-to-build-a-top-inhaled-drug-company/
I wonder if it will now develop the Anatabloc IP it bought from the BK court?
Rock Creek Pharmaceu (RCPIQ)
0.002 ? 0.0 (0.00%)
Volume: 350,944 @07/09/21 3:32:33 PM EDT
Bid Ask Day's Range
0.0018 0.004 0.0015 - 0.0022
RCPIQ Detailed Quote
Been hoping he wouldn't disappoint us.
With volume at 1.3 million and price at .0012, it sure looks like Jonnie has abandoned us here at RCPIQ !!!!!
Looks like Jonnie has too much else on his mind!
Still waiting for Jonnie ...
Looking like the Bid and Ask prices are slowly drifting downward!
Rock Creek Pharmaceu (RCPIQ)
0.0034 ? -0.00015 (-4.23%)
Volume: 137,557 @05/26/21 12:13:26 PM EDT
Bid Ask Day's Range
0.0032 0.0038 0.0034 - 0.0036
RCPIQ Detailed Quote
You need to do more research.
RCPIQ has already been liquidated. Conversion to Chapter 11 is not possible. Not to mention all the officers and directors have been gone for what, 5 YEARS? They are disqualified from conversion to Chapter 11 on both counts. It is not possible here.
The Chapter 7 bankruptcy is for all intents and purposes, done. We are just waiting on the final discharge and confirmation there is no additional funds for the creditors.
RCPIQ is worthless. It has no chance of returning any value to common shareholders.
Looking up bankruptcies, I found this, it may be something to think about with RCPI : In order to accord the debtor complete relief, the Bankruptcy Code allows the debtor to convert a chapter 7 case to a case under chapter 11, 12, or 13 (6) as long as the debtor is eligible to be a debtor under the new chapter. However, a condition of the debtor's voluntary conversion is that the case has not previously been converted to chapter 7 from another chapter. 11 U.S.C. § 706(a). Thus, the debtor will not be permitted to convert the case repeatedly from one chapter to another.
RCPIQ IS worthless. BY LAW, Chapter 7 does not permit a company to "come back". It is automatic liquidation. Shareholders here are guaranteed to get nothing.
Hertz was Chapter 11. It is working toward reorganization, but it in no way "made shareholders whole". The stock was at $20 before the bankruptcy, and the $8 bankruptcy valuation is not exactly correct. Much of that value is in warrants and/or stock rights, neither of which are guaranteed. The actual value is much lower, which is why the stock is trading far below the $8 valuation.
Yes, there are a lot of ignorant investors that don't know a damn thing about bankruptcy. If they don't bother to take 60 seconds and learn the basics, then they are doomed to lose their money.
Anyone who doesn't do their research in RCPIQ deserve what they get. Nothing.
I would agree with you but now days with young investors in robinhood, crypto currency and nft's and now with Hertz coming back from the dead who knows? Have you ever seen a chapter 11 company come back and the share holders made whole again? I don't hold shares in rcpiq and I think it is worthless but we live in different times.
Hertz was a Chapter 11 reorganization. RCPIQ has always been a Chapter 7 bankruptcy - automatic liquidation.
The company has already been liquidated. There are no assets remaining. The amounts raised in the asset sale are a tiny fraction of that owed to the creditors. They get only pennies on the dollar. In bankruptcy, equity holders (preferred, then common) shareholders only get what is left after all others in front of them are satisfied in full. There is ZERO chance that common shareholders, who are always dead last in line, will get anything.
Anyone foolish enough to be buying RCPIQ common shares will lose 100% of their investment. And that can occur at any time. The SEC is on a suspension spree for delinquent filers, which includes bankrupt companies. Several have recently been suspended and revoked. They can do that to RCPIQ at any time, without any warning.
So what about HTZGQ? (Hertz) The car rental co. went bankrupt last year and is now coming out with the share holders getting up to $8.00 per share. The company even sold more shares while in bankruptcy which everyone said those buyers were crazy and would lose all their money. Now they look like geniuses.
Is this why people are still buying RCPIQ?
Meeder isn't buying anything. That is not how it works.
Meeder is an asset manager. When a new client transfers in securities, they have to report it. So the shares you see on their 13F would have been bought by the client previous to their association with Meeder.
Obviously, buying worthless crap like RCPIQ is EXACTLY why that client has now engaged a professional money manager. They obviously were lousy at making their own investment decisions.
I am not sure why Meeder Asset Management Inc would be buying stock in a company that it's chapter 7 bankruptcy is finalized and eventually their stock ticker will be deleted.
I am not sure why Meeder Asset Management Inc would be buying stock in a company that it's chapter 7 bankruptcy is finalized and eventually their stock ticker will be deleted.
What's your take on this?
This is interesting find about RCPI.
https://fintel.io/so/us/rcpi
Oh no they are coming!!! I guess I'll sell everything I have teehee.
The SEC is coming for RCPIQ.
Today the SEC suspended trading in another Chapter 7 biotech company due to their sudden high volume of trading.
https://www.sec.gov/litigation/suspensions/2021/34-91607.pdf
You could replace IMNPQ with RCPIQ and nothing in the notice would change, as the reasons for suspending IMNPQ are the exact same as what is going on in RCPIQ EXCEPT Rock Creek is even MORE delinquent in their SEC filings that IMNPQ is. RCPIQ hasn't filed any of their legally required filings since 2016.
RCPIQ can be suspended by the SEC at any time.
Most of what Star Scientific and Rock Creek Pharmaceutical did is now moved into MyMD Pharmaceuticals (MYMD)
MYMD began trading this morning.
https://www.mymd.com
This is my last post on this board.
Rock Creek Pharmaceu (RCPIQ)
0.0047 ? 0.000015 (0.32%)
Volume: 898,495 @04/16/21 3:14:10 PM EDT
Bid Ask Day's Range
0.0001 0.008 0.00465 - 0.005
RCPIQ Detailed Quote
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The Company is in Chapter 7 Bankruptcy and ALL ASSETS have been liquidated.
The common shares have no value.
[-chart]g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F577312%2Fbankruptcy-papers.jpg&w=700[/chart]
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05-20-2020
ustralia Patent is a Very Good News for all the loyal RCPIQ shareholders! The CH7 Bankruptcy case will soon be dismissed
or closed by the bankruptcy court since all the other two subsidiaries were already out of their bankruptcy cases!
We can expect RCPIQ to become a Clean Shell like its CH7-"Q" peers XNNHQ and CERPQ or like its CH11-"Q" peers RGDXQ
and OEDVQ! Both CERPQ and XNNHQ were already acquired by David Lazar through the Custodianship while RGDXQ
and OEDVQ will be done in the same way in the near future!
I'm expecting an huge rally up to its record high 0.02 in the coming weeks/months based on its CH7-"Q" peer's
performance when the court issues the final order to dismiss or close the RCPIQ case!
Why RCPIQ (a CH7-"Q" stock, an Non-Clean-Shell currently) has been traded at such ridiculous low volumes while it has 170.4M shares Large float?
Who dumped Tens Of Millions shares at 0.0003 (52-week-low or real Bottom) ~ 0.0006 (previous New bottom) most recently after it had already surged
8-Bagger to 0.0024 last year from its All-Time-Low 0.0003? Why so "bearish" about RCPIQ?
Anyway our strong hands will soon Slap out all those dirt cheap shares at or below current ridiculous low 52-week-high 0.0024!
Any RCPIQ (171M shares OS) shares below 0.0025 is the Huge discount comparing to its recent high 0.02 and the real investors
should grab all of them whenever they are available! Once our strong hands start to buy the shares at the asks this
hidden gem will quickly surge over its most recent high 0.0024!
In fact its Bio-Tech CH11-Clean-Shell "Q" peer (RGDXQ: 27M/38M shares Super Tiny float/OS) had already
soared 120-Bagger to 0.024 from its All-Time-Low 0.0002 while its
CH7 "Q" peer (LIQDQ: 54M/60M shares Tiny float/OS) did soar 188-Bagger to 0.0188 from its All-Time-Low 0.0001!
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PRIVATE COMPANY; MYMD
https://mymd.com/website/
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