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Woofie, Radient did not become a void corporation by being late by one day on paying the franchise tax. They were a year past due so the last tax paid was 2012. Radient did not pay 2013 nor 2014 because they had no money and Mac knew the money would be of more use in his pocket than with the state of Delaware.
Using the par value method instead of the authorized shares method gives an annual fee of $1750 so the fee to re-establish the corporation would be about $5500 plus paying the agent fees.
If the name has been given to someone else, then you would have to rename the corporation.
http://corp.delaware.gov/taxcalc.shtml
The annual Delaware franchise tax for Radient is $180,000.00 per year. Deleware never cancels a corporation and they just allow the franchise taxes to accumumate. By next March, Radient will owe Deleware over a half million dollars.
Radient has no stock transfer agent because there is no stock to be transferred and the annual fees have not been paid.
Initial decision to revoke the registration has been made. The decision will be served and if no response is made, 21 days later, it will be finalized.
It is now approaching the finalization date.
ORDER
It is ORDERED that, pursuant to Section 12(j) of the Securities Exchange Act of 1934,
the registrations of each class of registered securities of Asia Cork, Inc., Biocurex, Inc., Current
Technology Corp., Globetech Ventures Corp., and Pepper Rock Resources Corp. are hereby
REVOKED.
This Initial Decision shall become effective in accordance with and subject to the
provisions of Rule 360, 17 C.F.R. § 201.360. Pursuant to that Rule, a party may file a petition
for review of this Initial Decision within twenty-one days after service of the Initial Decision. A
party may also file a motion to correct a manifest error of fact within ten days of the Initial
Decision, pursuant to Rule 111, 17 C.F.R. § 201.111(h). If a motion to correct a manifest error
5
of fact is filed by a party, that party shall have twenty-one days to file a petition for review from
the date of the undersigned’s order resolving such motion to correct a manifest error of fact.
This Initial Decision will not become final until the Commission enters an order of finality.
The Commission will enter an order of finality unless a party files a petition for review or a motion
to correct a manifest error of fact or the Commission determines on its own initiative to review the
Initial Decision as to a party.
DC, If Mac thought his option package would ever have any value, why would he give up control of Radient. You do understand that options can be cancelled by the new management. Why would he risk that if he and the Provista boys were great buddies?
DC, Your "caretaker" theory is full of holes. If Mac was still the president of Radient, why would he then involve the 4 Aussies and complicate everything? You need to resolve the Mac thing and get your story straight.
DC, General Foods was purchased by Philip Morris in 1989 and converted into Kraft foods.
You are using Bloomberg again and getting nothing but bad information.
GetSerious stated: "There are several on this message board talking about RXPC as if it were not completely and utterly dead.
They have been high-fiving about their incredible DD skills and insight into the workings of the Stock Market as they re-hash the details of a backdoor creeping merger rumor they started in March 2011.
They are not here to debate. They are here to make themselves feel better about what might have been the WORST stock gamble in the history of the pinksheets. I guess that is a necessary step towards eventual healing.
The good news is: they can't hurt anyone now with this rumor. The damage is done.
But there is no mistake that RXPC is dead and gone forever."
I totally agree. Anyone posting about a merger with Provista is totally wasting their time. Provista has denied any merger. GCDx has denied any connection.
The Aussies got control of the company and took whatever they wanted and disappeared. End of story.
You actually no longer have any "rxpc" shares because they no longer exist. Any accounting data for your investment in the hands of the Aussies who took over.
There is no longer any registered business called Radient Pharmaceuticals. It is a void Delaware corporation and the name Radient Pharmaceuticals is available to anyone who wants it.
The Aussies have been silent now for 6 months so that should be your huge clue that nothing is being done and your investment is totally lost.
Any postings on this forum about a buyout or merger is just total garbage.
Woofie, of course, it is totally logical that you would come up with the wrong Bill White.
He certainly is not the one you posted.
http://au.linkedin.com/pub/bill-white/3/754/994
All access to amdl.com has now been removed.
Woofie, why doesn't the linkedin state that he is still with Radient?
"Akio Ariura
Executive In Transition
Orange County, California AreaMedical Devices
Previous
Radient Pharmaceuticals"
https://www.linkedin.com/pub/akio-ariura/29/829/274
There is no trustee for the shares of Radient. It is now a private company and any share data would be maintained by the Aussies and I doubt they really care.
Posts based on dreams of a merger are just out to lunch. Radient is not getting any royalties from anyone.
Why would there be a sheriff's notice of "seizure of assets notice" on the door if Radient was still getting royalties or making any sales.
Your goose was cooked the day the registration was revoked. You just wont admit it.
Anyone reading these posts with an ounce of brains would understand that it is way too expensive to regain a ticker when plenty of reverse merger candidates are available in good standing.
What is Radient worth?
DR-70 is off patent. Anyone can make it and sell it without any royalties paid. Uni Pharma is doing it. GCDX is doing it.
CIT is too old to develop before going off patent. It is worthless just as Radient stated in their last 10K.
So, what would be left is the shell.
Read these two articles from the SEC and you then decide if the shell has any value.
About reverse mergers.
"Why Pursue a Reverse Merger?
A private operating company may pursue a reverse
merger in order to facilitate its access to the capital
markets, including the liquidity that comes with
having its stock quoted on a market or listed on an
exchange. Private operating companies generally have
access only to private forms of equity, while public
companies potentially have access to funding from a
broader pool of public investors. A reverse merger
often is perceived to be a quicker and cheaper method
of “going public” than an initial public offering (IPO).
The legal and accounting fees associated with a reverse
merger tend to be lower than for an IPO. And while
the public shell company is required to report the
reverse merger in a Form 8-K filing with the SEC,
there are no registration requirements under the
Securities Act of 1933 as there would be for an IPO.
In addition, being public may give a company increased
value in the eyes of potential acquirers."
Radient is no longer a public company. Any acquiring company would have to go through the lengthy and expensive process to regain the ticker symbol.
http://www.sec.gov/investor/alerts/reversemergers.pdf
Getting a ticker symbol. This is the HUGE obstacle for Radient at this point.
http://www.goingpublicinformation.com/selling_stock_getting_ticker_symbol.htm
FINRA controls the ticker symbols and making Radient public again would not be a cost effective method of going public for any acquiring company.
No one has even been able to open any communications with any of the Aussies. Why doesn't someone let them know about this Provista merger?
All those who purchased shares based on the 8K naming new management were just stupid and not capable of reading and understanding SEC filings. The 8K clearly stated that Mac had agreed to revoke the registration. That is clearly the death of a stock but gamblers jumping on a bottom penny stock totally ignored that last statement and have suffered the consequences.
Jim, at least you were lucky that you at least sold some.
http://www.pumpsanddumps.com/2014/05/sun-setting-on-radient-pharmaceutical.html
If you haven't noticed, the Aussies have totally disappeared and it has been over 6 months now.
Anyone posting garbage about a merger with provista is totally in a dream world.
DC, I thought you claimed the Aussies were just place holders.
Your post claims otherwise.
"This explains why Dennis Charter took on the job as CEO of RXPC without apparent compensation. He will instead be given the opportunity to set up a Pharma company which has a Long Reach into early preventative Cancer Testing.
Charter will have his Saliva Test, licensing agreements with William Gartner on LC Sentinal/New Onko-Sure, and access to the other patents Gartner took with him when he left the CEO helm of Provista.
Could make for an exciting venture- right up Charter's alley."
The Chinese are now manufacturing a cancer test kit using DR-70/
Hangzhou Sunlong Biotech Co., Ltd.
Contact Details Company Profile
Human nonsmall cell lung cancer/Lung tumor Antigen,LTA ELISA Kit
Human nonsmall cell lung cancer/Lung tumor Antigen,LTA ELISA Kit
human lung cancer Marker ELISA Kit
human lung cancer Marker ELISA Kit
Human tumor marker DR-70 for lung cancer,DR-70TM ELISA Kit
Human tumor marker DR-70 for lung cancer,DR-70TM ELISA Kit
View more products >
Country/Region:
China (Mainland)
Main Products:
Elisa kit,Antibody,Antigen,Diagnostic kit,test kit
No.of Employees:
11 - 50 People
Year Established:
2014
Tags:
Nonsmall Cell Lung Cancer/lung Tumor Antigen | Diagnostic Elisa Kits | Elisa Test Kit | Lung Cancer Marker | Dr-70tm
Qualification proof:
ProGRP prostate tumor marker lung cancer elisa test kit
ProGRP prostate tumor marker lung cancer elisa test kit
small cell lung cancer tumor marker elisa test kit
small cell lung cancer tumor marker elisa test kit
small cell lung cancer elisa test kit
small cell lung cancer elisa test kit
View more products >
Country/Region:
China (Mainland)
Main Products:
ELISA Kit,rapid diagnostic kit,medical device
No.of Employees:
51 - 100 People
Year Established:
2004
Tags:
Tumor | Elisa | Prostate | Lung Cancer Test Kit | Lung
Qualification proof:
DC doesn't even understand whose rules GCDX is violating. The SEC could care less about what he does as long as he seeks money from qualified investors.
The FDA is another story. He may likely get a cease and desist.
Agreed.
ADI is gone as well as Nuvax.
"subsidiary
noun
= branch, division, section, office, department, wing, satellite, subdivision"
Woofie, your argument is just foolish. In the following filing, Mac uses the term division and subsidiary interchangeably to describe both the IVD (ADI) and Therapeutics (nuvax) as a division and subsidiary.
http://www.sec.gov/Archives/edgar/data/838879/000114420412037312/v316641_10k.htm
It was an attachment to the 8k for the uni agreement. Look it up.
Again, your post is totally incorrect. I posted the actual agreement with UNI and ADI is called a subsidiary.
Jim, the names are gleaned from data and if someone has a particular title that is not replaced in later information, he retains the title.
Mac is gone and the data is incorrect. As for Andrea Small Howard, she now works for a MJ company as a chief science officer. This may be the bottom of the barrel for her but a job is necessary to survive. Working for Radient was probably not an asset for getting a new position. She was unemployed for quite a while and listed herself as a consultant.
http://finance.yahoo.com/news/cso-andrea-small-howard-phd-141143601.html
The following is from one of the latest filings Radient made.
"EX-10.1 2 f8k061113a1ex10i_radient.htm FORM OF FINAL AGREEMENT WITH UNI PHARMA CO., LTD. DATED JUNE 6, 2013
Exhibit 10.1
Onko-Sure DR-70 License Agreement
This License Agreement (the “Agreement”), which shall be effective as of June 6th , 2013, is by and between Uni Pharma Co., Ltd., a Taipei, Taiwan limited liability company (“UNI”) and Radient Pharmaceuticals Corporation (including its subsidiary AMDL Diagnostics Inc.) a Delaware incorporated United States company (“RXPC”)."
http://www.sec.gov/Archives/edgar/data/838879/000121390013003193/f8k061113a1ex10i_radient.htm
AMDL Diagnostics and NuVax are both void corporations because they have not paid the annual taxes to Delaware.
TUSTIN, CA--(Marketwire - December 22, 2009) - Radient Pharmaceuticals Corporation (NYSE Amex: RPC), a US-based vertically integrated pharmaceutical company, whose wholly-owned subsidiary AMDL Diagnostics, Inc. (ADI) announced today it 2010 Business Plan.
http://www.marketwired.com/press-release/Radient-Pharmaceuticals-Announces-2010-Business-Plans-Its-AMDL-Diagnostics-Subsidiary-1181976.htm
Wolofie, you are totally incorrect.
AMDL Inc is GONE. AMDL Inc was name changed to Radient Pharmaceuticals. IT is totally gone along with any subsidiaries. AMDL diagnostics Inc was a subsidiary formed in 2009 and it is GONE.
If you look at the educational system, the goal of the professors is to publish. Antibody for DR70 is readily available from China and since it shows a growth indication, it can be related to any solid tumor so there are lots of cancers that can be studied. This is all just "make work" but it gets a paper published and a checkmark for the professor.
Busy work is the trademark of these type of guys. It used to be that you could just ignore these types of people but for the past couple of decades, these busy work type of people have moved into government and now we can no longer ignore them.
DC stated: "The Aussies are just the appointed officers for appearances sake."
Who are you proposing made the decision to put a pair of felons convicted of security fraud in charge?
Gartner? "Hey, I want some convicted felons in charge. They know how to get things done."
Reese? "If you put a couple of convicted felons in charge, what am I going to tell my investors?"
Mac? "Hey, they are just a couple of guys who stole money in security fraud. I'm sure we can trust them. Bhatia vouched for them. Anyway, there is nothing left but a few lab machines. They probably wouldn't steal those."
Reese, "If Bhatia vouched for them, that's good enough for me. He's not a liar is he?"
Revoke not final yet. It will be final in another week. If you get stuck with shares, it will be difficult to take a tax loss because the shares cannot be traded and you have to prove to the IRS that it is a worthless stock. Check with your broker on how to be sure you can take the tax loss.
Moro's scam is now dead and buried. Unfortunately, he pocketed a ton of money from Revenue Canada and is probably now laughing at us.
BioCurex ---- REVOKED.
That's the end of the story. The SEC finally acted.
ORDER
It is ORDERED that, pursuant to Section 12(j) of the Securities Exchange Act of 1934,
the registrations of each class of registered securities of Asia Cork, Inc., Biocurex, Inc., Current
Technology Corp., Globetech Ventures Corp., and Pepper Rock Resources Corp. are hereby
REVOKED.
Living, you can see how wrong independent articles can be if you just look at all the things Garza put in his articles.
I would believe it if it was a press release from Provista but it is not.
Living, that is not from a provista press release. It is from a writer for genome. I have never seen any plans for lung cancer since they dumped LC Sentinel.
The author of that article probably was referencing old press releases for his information.
Gartner is clearly attempting to sell a diagnostic test per his PR just released. Regardless of him claiming the test is not diagnostic on his website, it clearly is.
This is totally illegal and should be immediately reported to the FDA.
IMO, Gartner is attempting to evade FDA rules. A DR70 test for lung cancer will never be effective and anyone buying his product is being scammed of their money.
The windows are blacked out on the inside. Last year, I just looked through the front. This time, I attempted to look into the rear windows on the side of the building but they were indeed blacked out and it was not blinds.
DC, as for the items I could see, the reception area had a monitor visible but undoubtedly had the desktop under the counter like most other business.
As for the office, I could see both a monitor and desktop under the desk.
At the back of the building is a regular door along with a large rollup door. Anyone could back in and load up anything they wanted and no one would notice.