Radient Pharmaceuticals Corporation fka RXPC

[lakeshore555]

vester_guy you said:

"You just have to know where to look for William's patents.."

Where might that be? Help us out, vester_guy: show us where to look for William's patents.

Canada? they stopped paying fees in 2012 so that one is dead:
http://brevets-patents.ic.gc.ca/opic-cipo/cpd/eng/patent/2755486/financial_transactions.html?type=

Australia? "Application status lapsed."
http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do;jsessionid=qqrsTHfFRX2GL3L9cVB1kT0ycyYD4gpGQtnT27JXZ4tNpnLB4WmR!2024099801

European? Status is "withdrawn" due to lack of fees paid:
https://register.epo.org/application?number=EP09789550

China? I can't tell the status, can you? it's application 200980158402 if you want to try. It returns one record but the status is not avaliable. The Int'l Classification numbers G01N33/574;G01N33/86 are the same ones for the other patent apps though.

http://www.chinatrademarkoffice.com/index.php/ptsearch

Japan? the application number is 2012503382 but that search comes back empty:
http://www19.ipdl.inpit.go.jp/PA1/cgi-bin/PA1NUMBER

But if you search TEXT for AMDL you find two OLD Japanese patents from 1992 and 1994, so the database works -- there just isn't an active Japan patent app, IMO:
http://www19.ipdl.inpit.go.jp/PA1/cgi-bin/PA1LIST

You also said "All debt has been eliminated from Radient per lenders debt for equity deal. "

I don't see how that is possible. 5 billion shares converted at the avg price of 0.0001 is only $500,000 and the debt was at LEAST $14 million the last time Radient disclosed the debt three years ago. Penalty/default interest accrues at 24% as disclosed in the SEC filings.

Even if you think the conversion price was averaged higher -- say 0.001, which is not borne out by the historical stock sales, since the conversino price was less than the avg market price, as you know, but let's just say 0.001 for the sake of argument -- -- that's only $5 million out of $14 million converted to equity.

I guess the problem with a company that doesn't report financials is: nobody knows the true financial condition. But the math proves that the debt could NOT have been eliminated by the "debt for equity deal." If the debt has been eliminated, it had to be through other means, and I cannot imagine what those means would be without SEC filings.