Radient Pharmaceuticals Corporation fka RXPC

[guardiangel]

Oil..The 600 million plus bids is not retailers...The lenders have been converting shares for the past two years. They are limited to the amount of shares they can own. Every time the bid goes to .0002, they make sure they are first in line at .0001...Right now the takeover group is waiting and lenders are waiting for a handful of flippers who become impatient..If you notice, there are some here urging the flippers to sell their shares..It is obvious that these shares are a valuable commodity and rare since 450 billion shares are already accumulated..The other 500 million shares of the remaining authorized are not available to the public or the lenders.They are reserved for employees, consultants , and directors..It is in the SEC filings.If you or anyone else want to dispute that fact, then by all means..Try to do so..But please use facts from filings not just empty words... Dcman you are correct..Not sure why Gold would dispute your fact since you did post the SEC filing and it does say that 4 of the group DO INDEED own 10 plus million shares...Let me post it again to prove our point..We post the full Filings not an abbreviated portion of it, like some posters always do..I will highlight the facts that each of the Four have 10 plus million shares..They can own up to 1 percent of the 4.5 billion shares at any given time.They can

Item 4. Ownership.

(a) and (b):

(i) As of the close of business on December 31, 2011, each of CCA and Mr. Kopin may be deemed to have beneficial ownership of 10,506,177 shares of Common Stock, which consists of (i) 738,278 shares of Common Stock held for the account of Cranshire Capital Master Fund, (ii) 20,096 shares of Common Stock held for the account of Cranshire Capital, (iii) 131,366 shares of Common Stock held for the account of the Managed Account, (iv) 96,756 shares of Common Stock issuable upon exercise of the First Cranshire Warrant, (v) 5,093 shares of Common Stock issuable upon exercise of the First Managed Account Warrant, and (vi) 9,514,588 shares of Common Stock issuable upon conversion of a convertible note held by Cranshire Capital (the “Cranshire Capital Note”), and all such shares of Common Stock in the aggregate represent beneficial ownership of approximately 1.0% of the Common Stock, based on (1) 1,041,001,331 shares of Common Stock issued and outstanding on December 27, 2011, as disclosed in the Form S-1 Registration Statement filed by the Issuer on December 30, 2011, plus (2) 96,756 shares of Common Stock issuable upon exercise of the First Cranshire Warrant, (3) 5,093 shares of Common Stock issuable upon exercise of the First Managed Account Warrant, and (4) 9,514,588 shares of Common Stock issuable upon conversion of the Cranshire Capital Note.

The foregoing excludes (I) 850,081,168 shares of Common Stock issuable upon exercise of a Series A Warrant held by Cranshire Capital (the “Cranshire Series A Warrant”) because the Cranshire Series A Warrant contains a blocker provision under which the holder thereof does not have the right to exercise the Cranshire Series A Warrant to the extent (but only to the extent) that



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such exercise would result in beneficial ownership by the holder thereof or any of its affiliates, of more than 1.0% of the Common Stock, (II) 150,014,323 shares of Common Stock issuable upon exercise of a Series A Warrant held by the Managed Account (the “Managed Account Series A Warrant”) because the Managed Account Series A Warrant contains a blocker provision under which the holder thereof does not have the right to exercise the Managed Account Series A Warrant to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof or any of its affiliates, of more than 1.0% of the Common Stock, (III) 230,935,480 shares of Common Stock issuable upon conversion of the Cranshire Capital Note because the Cranshire Capital Note contains a blocker provision under which the holder thereof does not have the right to convert the Cranshire Capital Note to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof or any of its affiliates, of more than 1.0% of the Common Stock, (IV) 42,432,155 shares of Common Stock issuable upon conversion of a convertible note held by the Managed Account (the “Managed Account Note”) because the Managed Account Note contains a blocker provision under which the holder thereof does not have the right to convert the Managed Account Note to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof or any of its affiliates, of more than 1.0% of the Common Stock, (V) 198,391,738 shares of Common Stock issuable upon conversion of 44,300.875 shares of Series B Preferred Stock held by Cranshire Capital (the “Cranshire Series B Preferred Stock”) because the Cranshire Series B Preferred Stock contains a blocker provision under which the holder thereof does not have the right to convert the Cranshire Series B Preferred Stock to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof or any of its affiliates, of more than 1.0% of the Common Stock, (VI) 35,009,517 shares of Common Stock issuable upon conversion of 7,817.625 shares of Series B Preferred Stock held by the Managed Account (the “Managed Account Series B Preferred Stock”) because the Managed Account Series B Preferred Stock contains a blocker provision under which the holder thereof does not have the right to convert the Managed Account Series B Preferred Stock to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof or any of its affiliates, of more than 1.0% of the Common Stock, (VII) 24,285,715 shares of Common Stock issuable upon conversion of 5,423 shares of Series C Preferred Stock held by Cranshire Capital (the “Cranshire Series C Preferred Stock”) because the Cranshire Series C Preferred Stock contains a blocker provision under which the holder thereof does not have the right to convert the Cranshire Series C Preferred Stock to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof or any of its affiliates, of more than 1.0% of the Common Stock, and (VIII) 4,285,715 shares of Common Stock issuable upon conversion of 957 shares of Series C Preferred Stock held by the Managed Account (the “Managed Account Series C Preferred Stock”) because the Managed Account Series C Preferred Stock contains a blocker provision under which the holder thereof does not have the right to convert the Managed Account Series C Preferred Stock to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof or any of its affiliates, of more than 1.0% of the Common Stock. Without such blocker provisions, each of CCA and Mr. Kopin may be deemed to have beneficial ownership of 1,545,941,988 shares of Common Stock.

(ii) As of the close of business on December 31, 2011, each of Cranshire Capital and Downsview may be deemed to have beneficial ownership of no shares of Common Stock.

(c) (i) Number of shares as to which each of CCA and Mr. Kopin has:

(i) Sole power to vote or to direct the vote: 0.

(ii) Shared power to vote or to direct the vote: 10,506,177.

(iii) Sole power to dispose or to direct the disposition of 0.

(iv) Shared power to dispose or to direct the disposition of 10,506,177.

(ii) Number of shares as to which each of Downsview and Cranshire Capital has:



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(i) Sole power to vote or to direct the vote: 0.

(ii) Shared power to vote or to direct the vote: 0.

(iii) Sole power to dispose or to direct the disposition of 0.

(iv) Shared power to dispose or to direct the disposition of 0.

Gold was right..There are warrants, but each of the four own 10 plus million shares.Why 10 million? Because the outstanding shares were around 1 billion at the time of this filing..Since they cannot go over the 1 percent provision, they can convert and then sell shares to the public..In which case the majority of those shares are going to the creeping takeover group. Now the outstanding is at 4.5 billion. Each of the Cranshire Group can own 1 percent can own 45 million shares. What they are allowed to do is get to the 45 million share limit after conversion. For the past two years they have got to their limit and released those shares to the public..The Creeping takeover group gets the shares at a low cost..They have been getting the shares for .0001 and .0002..Remember on July 10, 2012..The volume was at 34 million shares with 10 minutes left before the closing bell? I bought 94 million shares..Then within seconds someone bought around 126 million shares..


Jul 10, 2012 0.00 0.00 0.00 0.00 524,879,000 0.00


http://www.sec.gov/Archives/edgar/data/838879/000119312512056392/d299617dsc13ga.htm