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Thanks for the info .
Did anyone file a complaint with the SEC , years ago when the shareprice was pushed down at the end of every trading day ?
Or does anybody know of such a complaint having been filed with the SEC back then ?
I would be most grateful for any info on the matter .
For if it was not done back then maybe we should do it now !
Just imagine that PM was found to be involved with such shareprice manipulation ...
Only 235.000 $ if i remember correctly .
How much manipulation or foul play made this possible ?
Could it be that the judge didn't sign the sale jet because there is a legal period in which someone can file a protest ?
Well i sure can see them produce some kind of nutraceutical ( health products ) , i expect them to do just that . Something like predator is selling now but than the real stuff .
And i'm sure they posses the skills and finances to make sure the FDA is navigated properly with a backing off accepted scientific research results !
And why would they not partner with some big pharmaceutical company in the pursued of an actual pharmaceutical . They have limitless resources for developing them !
In fact , investing their capital properly now that smoking is going down hill , must be a real challenge for them .
About exposing some wrong doings ( like naked shorting ) or negligence in fiduciary responsibility ;
can't we file a complaint with some governmental institute forcing them to investigate ?
MineAllMine it seems to me that PMI is more than aware of the value of anatabine in the IP they acquired . And they probably will make good use of it in the new trendy products they will produce as they plan to go smokeless ! I mean anything from vape , mints , chewing gum ( with timed release ) or a Marlboro version of a "red bull" drink lends itself for adding anatabine !
And this time they will be able to advertise the health benefits of their products instead of the health risks .
So i think it makes much more sense to invest in an investigation looking for some foul play that enabled them to get the IP so cheap !
Maybe if it was discovered that Philip Morris was involved somehow in the selling of anatabine by Hydrapharm and so creating the need for our trustee G.Miller to have to sell the IP quickly at unfavorable terms .. we might have hope for some compensation ..
I'm not saying they were involved or for that matter that it would ever come out if they were ...
Strange that only now G. Miller has an objection to the claim of J McKeon ? As claims had to be filed by 02/2017 he had plenty of time to object before .
If J McKeon fights it and wins , it won't do us any good as he is one of the creditors .
And what good will it do McKeon as there is only 235K of which first the court and Miller will fill their pockets .
I mean i don't see any money left for the creditors .
By the way McKeon's refusal to lend RCPI the full amount agreed upon by contract was one of the reasons we got into trouble !
Never understood why Mullan didn't fight it and force him to honor the agreement ?
I guess , as most have Jonnie's name on them as inventor , he will finally be paid royalties now that a big player is going to make good use of these patents .
Actually the wet dream of any inventor !
Yes idcc , he even took a patent on it . Don't know to what extent RCPI still had rights to it .
One thing however is for sure :
Philip Morris must have planned and worked on this change long before !
Revealing this switch just after they secured the patents is no coincidence i guess .
Such a big and powerful company has experts to work out the best strategy for achieving whatever goal they want to . And this at the most favorable conditions possible !
Nep i even suspect they will delay answering your request for buying the anatabine patents till january 08 has passed ..
So my big questions are :
Did they help out in the destruction of our company so the patents could be gobbled up ?
Through manipulation of the share price maybe ?
Or even having a hand in that toxic loan that could not end otherwise than in killing us ?
As there were two candidates in the bidding :
Did they arrange a gentlemen's agreement with their opponent , more favorable to both than a bidding war ? I mean they are getting the patents for no more than some pocket money !
idcc2006 in your post 29053 you raised the question : " Shouldn't the government be the watchdog ?"
Can a request be made to the FBI or Department of Justice or some other authority for an investigation ?
Maybe even object or make a request to the judge to stall or hold the procedure on the basis of the incompatibility of the winning bid and the intrinsic value of the patents ?
idcc please do write those letters you talked about .
Anybody else who might want to find out the truth , the time to act is now
Or share with us what action we can undertake and how ...
"PMI is transitioning their whole company from cigarettes to smokeless"
That is why i fear they will never part from any of those patents (anatabine) ! once they got them in their pocket .
They'll create a Marlboro and L&M taste for vaping and probably some health varieties (with anatabine) , once a possibility also for our company as we discussed already years ago .
Maybe we all made the mistake to think that the Anatabine patents were the most valuable part of the assets of RCPI . With an ever increasing anti smoking sentiment because of the health risks , it is just a matter of time before the FDA is forced to implement stricter laws for tobacco . Philip Morris proves they want to be prepared for it .
If the other tobacco giants realize Philip Morris is getting it for only 235K why would they just let it get snatched before their nose without putting up a higher bid ?
If they bid against one another even 235 million is peanuts for these guys .
And we all know the true value might in time be billions !
So if anybody knows who the right contact person is in some of the other tobacco companies ,
please contact them now !
It could make a world of difference ...
And nep2134 if Philip Morris isn't willing to sell the Anatabine patents , even if you can't win a bidding war against them , it still makes sense to put in a bid and force them to go higher !
It would buy time and maybe fuel interest from others ...
Could an other big tobacco company at this point still object and make a bigger offer for the patents ?
In which case nep2134 it would also make sense to inform them (asap) about this opportunity .
Reynolds for one could indeed be interested as Luther just indicated !
1manband , as you are the moderator of this board , can you please keep this board open for us after the conclusion of the bankruptcy so we can discuss with one another the outcome ?
Maybe the real incentive for him could be to obtain the IP of RCPI while having some consideration for all his relations he lured into investing in his company , as far of course as there are still some owning shares and putting pressure on him not to leave them holding the empty bag ..
And then on the other hand why would he care ? as Mullan's first "smart" move was to push him out ..
About one big shareholder ? i wonder , maybe a whole lot of small investors have accumulated to average down their share price , who knows ..
So waiting for some big party to work out a rescue plan looks like a wait in vain i fear .
Knuts4oe it seems like your conclusion " See , that was easy !" is surely true about the dreaming part .
To give your solution a change of happening you'll have to act and persuade JW with your business insights ( like even RCPI's loss carryover can be viewed as an asset in the merger ) ...
All this said i do hope i'm dead wrong on all my assumptions
and tomorrow we'll wake up with some really good news for a change ...
I agree that we have to move quickly now .
The first thing we could do is object to the "motion for sale of property "
i thought the property ( building ) was already sold by the way and not so important , the IP is a different matter ...
So is there anybody else interested in teaming up and work out some scenario to see Knuts4oe 's idea realized ? ( provided of course that JW can be persuaded )
In any case my best wishes to all for the new year
Knuts i simply love this idea of getting MYMD shares for RCPI shares ,
even if it's only 1 for every 10 or more .
So let's just contact JW and find out how he feels about this solution !
I fear that if we don't instigate something soon ,
the curtain will have fallen on RCPI's bankruptcy without anything having happened at all ...
I wish you're right about JW absorbing RCPI if he is successful with isomyosmine .
However it will take time and do we still have that much time ?
On the other hand , even if he still owns some shares of RCPI , it will be far more costly for him to drag all of the other shareholders and debts of RCPI along for the ride instead of just buying the IP .
As JW was no longer CEO or for that matter part of the board of directors of RCPI when the company filed for bankruptcy nobody can legally object . ( i guess )
I mean if he would have been interested in continuing with RCPI he could have easily introduced this new compound years ago as part of the portfolio of RCPI and changed RCPI into a company with two instead of one promising compound . It would have made it easier to attract investments and thus avoid bankruptcy all together .
So i fear any revival of RCPI is just wishful dreaming .
Our only hope is that the IP will generate enough money to leave something for the shareholders .
Or some unlawful wrongdoings are discovered giving us the right for legal compensation .
And if JW , while still being CEO , used financial means , staff or equipment of RCPI for the initial research on isomyosmine : then RCPI has rights to it !
Could it be that the initial discovery , research and development of Isomyosmine happened while Jonnie was still CEO of RCPI ? I mean look at the early dates of applications !?
If financial means of RCPI were used for it would that be OK ?
With the info Luther just gave about Ted Jenkins now being on the Board of Directors of Archer Pharmaceuticals and as Knuts put it in his message : " The synthesis patent was written to cover all of the significant tobacco alkaloids , and is still assigned to Rock Creek !?
Could it be that the "gang" sacrificed Rock Creek deliberately to get it out of the way now that they have their new venture MYMD Pharmaceuticals ?
Business wise it is far more advantages , were the IP of the bankrupt Rock Creek can now be scooped up for peanuts instead of having to drag old Rock Creek with its shareholders , its debts and its negative baggage along for the ride ?
Didn't Ted Jenkins arrange that toxic financing deal that killed Rock Creek ?
Normally you would no longer want to employ such a person .
It would have been enough if he had had the intelligence to implement the condition , that the shares they got in the financing deal couldn't be sold at a lower price than the one prevailing at the moment when they got the shares ! It would have prevented them dumping the shares continually , pushing the share price into the abyss , acquiring ever more shares to dump .
Thanks for all this info Luther and Knuts .
I wonder what will come out next ...
Nep2134 thanks for shedding some light in all of this .
Still we all witnessed how a strong force seemed relentless in pushing the share price down at the end of each trading day , killing our company peace by peace till in the end a toxic financing loan gave the final deathblow .
Looking for the culprit of the crime : find out who had a motif !
Those that shorted might qualify also as suspect of course but i do wonder what a financial investigator could find out !
If an unlawful act is revealed and stock manipulation qualifies i guess , we are entitled to be compensated ...
Maybe the only hope left to us of seeing some of our money back
Just wondering
I couldn't help but notice : "Original Assignee : R J Reynolds Tobacco Co"
Wow ... Hmm ?
Weren't they the Tobacco giant that didn't honor the "tobacco curing process" rights of Star Scientific ,
resulting in that lawsuit that ended without much compensation ?
Their original priority date is 1992-04-10 ?
When did Jonnie first come out with Anatabine ?
Who tried to steel from who ?
And boy maybe that is why a giant wanted to crush a little fly . . . (or did)
How murky are the waters between these two ?
Or am i drinking too much koffee
And you're right , if we don't "help" them make the most of the assets (IP) ; it will all go down the drain for pennies or nothing at all !
Yes it is and on the bottom of the page you'll find his contact info but it might be more interesting to contact his representative : Linda Richenderfer , Esquire
Klehr/Harrison/Harvey/Branzburg LLP
919 Market St. Suite 1000
Wilmington , DE 19801
T (302)552-5513 / F (302)426-9193 / LRichenderfer@Klehr.com
mail to : lrichenderfer@klehr.com
Knuts thanks for all the wonderful info you find and share with us .
What if we could find pharmaceutical companies that are specialized in inflammation or that do a type of research/development where they would be interested in anatabine ?
Bringing them together with our Trustee George L. Miller might result in a better outcome ...
I remember a consumer organisation in my country that did research on supplements and drugs sold on the internet .
They discovered to their astonishment that about 80 % did not contain what they pretended !
Most had a lower concentration of the working component then claimed on the packaging .
Also the quality or purity was inferior in many cases .
Some didn't even contain any of the stuff that was supposed to be in it .
In a few cases there were really harmful substances present !!!
The research was done after a scandal where many lost the use of their kidneys after taking a Chinese herb supplement sold over the internet !!!!
So please be careful .
Leifsmith ,
thanks for the CBD-link
Mine ,
you won't stand alone in this .
Maybe it is time to look for a good financial detective , if something like that exists in the US .
So we find out who always pushed the stock price down at the end of the trading day ?
Maybe even a connection between the people behind the toxic financing deal that drove RCPI into bankruptcy and the ones eager to fill their pockets taking over the business ?
And if there is someone from RCPI involved ?
We might even be surprised to discover who all were involved in destroying RCPI !
I took curcumin in combination with Boswellia-400 . They cured my arthritis ! No side effects at all !
I don't know if either of them is effective in treating allergies .
The way Anatabloc stopped my running nose when the pollen season started was simply fantastic .
So sad that no research was done to discover that ability of Anatabine to my knowledge ...
I hope you find an alternative .
As i posted before , Trustee George L. Miller told me that as far as he knew RCPI is not liable for the liabilities of RCP Development and Star Tobacco . So we are looking at 21,3 milj. liabilities for RCPI according to the filling .
The big question therefore is which part of the IP is an asset of RCPI and which parts belong to RCP Development and Star Tobacco ?
Those parts of the IP if they get sold would of course first have to cover their liabilities before anything could benefit RCPI .
Has anybody info on what part of the IP belongs to RCPI if not all ?
Please look again at the video on youtube ( post 28429 from Luther Tiggs has the link )
Dr Mullan leaves no doubt : watch from 1.40 min. if you will :
"Lowering amyloid (plaques) has no effect in patients with established Alzheimer's"
Now i thought that the main goal with Nilvadapine was to remove the amyloid plaques .
But i could be wrong ...
Still hope that they'll need Anatabine to realize a really good therapy for Alzheimer's !
I'm sure Nilvad removes the plaque efficiently but as they have reported without any health improvement on the brain functions !!!
So the good news for us could be that they are all forced to look for a combination of treatments as they indicated . This means that Anatabine could be looked at as a possibility by not only Roskamp/Archer but also other companies that worked on the plaque solution .
Remember how it proved to be much more effective in combination with a diabetes drug ...
(test results were made public by Star Scientific just before the ruling in their lawsuit against Reynolds)
So lets keep our fingers crossed and hope that the effectiveness of Anatabine in combination with ... is discovered before the IP is sold !
Just some thoughts that came to mind the last few months :
First : looking for an alternative to ease the pain of my arthritis i discovered that a combination of Curcuma and Boswellia Serrata really helped along with a new ointment from Merck based on Symphytum officinale L. . My arthritis is basically gone . It made me realize that there must be many substances out there that really work well ! Hold great promise ! Lend themselves for further development into real drugs ! In other words i realized that maybe it was a mistake to focus so solely on one substance thinking it was the one and only ....
Second : Some years back now (time flies) there was a reporter that accused Star Scientific of falsely claiming that they were working together with the Johns Hopkins institute researching Anatabine .
From that moment onward it all went downhill for us investors if i remember it correctly .
Now for all to see at the Johns Hopkins site it was mentioned there that they indeed had done some research on Anatabine ; so i thought that this reporter clearly was trying to damage our company falsely (even if Hopkins had done this research independently ) and held on to my shares .
This was a mental error as I should have focused on the fact that they had stopped their research on Anatabine ! My point is that if it was such a wonder drug and test results so good they would most certainly have continued their investigations into Anatabine !
Just some thoughts ...
Still hope that some lucky events would trigger a bidding war on the IP ,
but then i also realize that winning the lottery is just as likely ...
Maybe this cow drowned long before and we are still in the denial phase ...
The following link has them all :
http://investors.rockcreekpharmaceuticals.com/presentations-and-webinars
And yes as shareholders on record you are already considered as having interest , not everybody however is already on record as shareholder .
And of course the stock is still being traded so i guess that you can only give definite proof of ownership after the trading is no longer possible .
Sorry about the confusion , my second post was an answer to the question nep 2134 asked in post 27994 about wether someone already filed a proof of interest . A proof of interest is like giving proof of ownership to the court so that in case there is some money left for the shareholders , you get your share .
When you file for a rule 2002 the court will give you notices about all the developments in the bankruptcy case so that you know first hand what is going on .
At the time when this was discussed at this board Pheman gave the tip that if you create a PACER account you would also be able to follow the bankruptcy case as all the filings go through there .
See post 27864 from Pheman . This seems easier ; to achieve the same goal !
Yes and this was the answer Jack McLaughlin ( The lawyer who was hired to file the bankruptcy 7 for RCPI !!! ) gave to me on the question how to file a proof of interest .
I guess in the unlikely event that there is more money than needed to cover the debts and other costs , the company has indeed the possibility to continue ( transfer the bankruptcy case from 7 to 11 ? ) or (when it is not opportune to do so) the remaining funds can be handed out to the shareholders . On the governmental site they say that in this case the shareholders will be notified by the court .
I have not done it yet but asking the help desk . It seemed so uncommon that they didn't have a procedure for it , you simply have to send a proof of ownership to the court it seems . They gave me the advice to contact a bankruptcy lawyer . This is the answer Jack McLaughlin gave me :
" There is really no need to file a proof of interest because once the bankruptcy case is closed , the debtors still exist and still owe any debts not paid from the bankruptcy estate . If the trustee were able to pay all the debts and the company continues to operate , your equity interest would be unimpaired . If there are surviving debts , your equity interest would be subordinated to those debts and so would be valueless . "
I guess we simply have to wait till the bankruptcy case is closed .
You can email: Helpdeskde@deb.uscourts.gov
They will help you on how to file a Rule 2002 request with the Court .
ItsMyOption gave this link concerning rule 2002 in post 27868 :
https://www.law.cornell.edu/rules/frbp/rule_2002
I'm having a hard time to access the site of Rock Creek Pharmaceuticals ? With the link investors it is possible but when trying to go to publications under pharmaceutical , access is also difficult . When you finally succeed , opening one of the publications is also almost impossible .
Is it my computer ? or have some of you also the same difficulties ? IF that is the case would you believe that they even go so far as to prevent anyone from getting easy access to the research done with Anatabine Citrate !!!