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What Calico should be informed is that anatabine is about anti-aging and longevity through inhibition of Nf-kB.
If any party wants to bid for the patent rights and if they are willing to put tens of millions of dollars, I would like to suggest that taking over the majority share of the company and trying to revive it is more plausible option because the company has anatabine and Anatabloc manufacturing facility already. But, if they can buy the patents for peanuts ...... well, I hope they cannot.
Are there any parties bidding for the patent rights?
Any guess, imagination, or fantasy?
Also, if you were Jonnie Williams, what would you do?
Is JW a big shareholder?
If you were a majority shareholder, what would you do at this stage?
Wait a minute.....
"...once the bankruptcy case is closed, ...... the company continues to operate ..."
Once the bankruptcy case is closed means the company is wiped out. How can then the company continue to operate after the bankruptcy, I mean, after the company is gone?
I said many times that the big shareholders or the creditors should do something. But, on a second thought I don't want the creditors to make any move.
If it is the creditors that takes the initiative, then we won't get anything because they won't try to get any more than what they want and nothing would be left for us.
Was hoping that the big shareholders would do that. The impact of loss is bigger for us small shareholders, but the size of loss must be bigger for the big holders. I was hoping that the big shareholders and the creditors would do something.
Some irrational trading lately and it seems the selling volume at the bid is much bigger than the buying volume at the ask.
cannot access at all.
Wonder if shareholders have no say regarding BK.
What if a majority holder say no to BK, bring up with an alternative plan for the debt and for the survival of the company, etc, etc?
Exactly!!!
It surely seems so.
Haha, happy holidays to you, too.
Was early 2015, no?
I think it was early in 2016.
I wonder why there are buyers anyway.
Are they just market makers (computers) who are simply making markets?
Or, someone's collecting shares with certain purpose and intention?
We've been so in the dark and that's why we've lost money.
These small number of shares we see, I think, are from 1:25 reverse split.
For example, 2000 shares bought at much higher price became 80 shares after the split. I think these shares are being sold out for this year's tax purposes.
Moneywise it's almost nothing, but, who are buying and wby, I'm curious.
i kinda think that jw's e-cig company will provide e-cig containing anatabine, but i am not sure if it won't require fda approval.
if not required, anatabine e-cig will be in the market shortly after the bankruptcy.
so, if your only concern is whether anatabine will be in the market or not, it's not very far.
i kinda think rc was meant to be ending up like this all along from the beginning of mullan's era (just a wild conspiracy theory).
i kinda think rock creek should have kept jw.
just some babbling.
I am curious if PCox and the people around him will do something.
He was the biggest fan of anatabine after all.
I hope someone who is well-versed would advertise this to potential bidders like big pharmas.
I guess, this is just a guess, if nobody takes the patents JW might take them back automatically????????????????????
anything about court hearing?
i hope someone invents a different way to synthesize anatabine.
by the way, there must be multiple groups that are interested in the patents, such as maybe JW, PCox group, ....
i am surprised that some very outspoken posters on this board of the past are so very quiet now.
what really is going on, i wonder.
anybody can bid for the IP rights, except those with conflict of interest, like immediate past management.
if any collusion is revealed later, the colluders will have to be prosecuted, but that's a big if.
that's just my opinion.
exactly, bhp1rtp, bidding war is what we need.
I doubt Mullan and the related parties can bid for the patents.
Serious conflict of interest there overall.
In a reasonable sense their bidding must be prohibited by law.
Morally wrong, anyway.
That's my opinion.
We should inform all the big pharmas including foreign ones for them to bid.
No change in my sentiment against certain group of people, who they are I don't know, though.
MineAllMine, two great ideas from you:
Bidding for the IP rights and invoking investigative reporter.
We ourselves, not Mullan, have to fight for the value of IP rights.
We have to let potential buyers know.
What are big shareholders and creditors doing?
They should have been doing that already.
Maybe we have to let all the big pharmas and others know about anatabine, hoping for bidding war for the IP rights.
I think there is a collusion to take the IP rights nearly free and I hope to destroy that plot, if there was such a plot.
Just an opinion.
Go to the court only if you will oppose BK, I guess. Otherwise, just wait for the final verdict, I guess. I guess creditors might do something because they are losing big money, big compared to my minuscule position.
Within the context of law I don't know how much shareholders can do. I am thinking of asking around, ask BK judge, BK trustee, lawyers representing RC, big pharmas, etc. Just asking should be no problem, don't you think?
Maybe your brother very likely knows some BK lawyers to ask, at least.
The following is my opinion.
I think shareholders are on their own.
I think shareholders can represent him/herself individually or represent themselves as an alliance of partial group of participants in the BK court hearing.
I think they can either buy lawyers to do it for them or just do it by themselves.
It costs money, for travel and lodging and so on.
Buying lawyer(s) costs extra money of course.
I don't know how things are done and above is only speculation, but doesn't that sound reasonable?
"... register as shareholder to the court within 3 months after RCPI declared bankruptcy ..."
Do shareholders have to do that????
Wonder what happened to the rest of us "Good Old Boys", I see only a few of us here. Most of them have probably sold out and moved on.
At this stage I would like to ask this question again : Who owns all those shares?
Some here have the same opinion.
Please don't give up like that.
There should be some kind of investigation.
I doubt the creditors would give up easily.
They might want to take the patents, who knows....
Why did Mullan say RC's asset value is only $35000?
What about patent rights? Worths only $35000?
What about anatabine manufacturing facility?
That was built to implement the patented process of synthesizing anatabine.
Worths only $35000?
You might have to contact not the company but the lawyers who represent RC for the BK.
Back in May or June a few people posted that there should be investigation and possible j*** t***.
I now agree that there should investigation, criminal investigation or whatever.
No court hearing schedule yet?