Regardless of all the ridiculous postings about takeovers, etc, the true situation is that Radient has no future whatsoever.
There will never be any reverse merger with Radient because of the massive debt that would have to be resolved. Radient owes over 20 million and the sale of 4.5 billion shares by the lenders only got them a couple hundred thousand dollars. The lenders notes are all still due and payable. Even the preferred shares they had were to be redeemed in cash back in 2012.
There will NEVER be any reverse merger with Radient.
Regardless of what some attempt to post, the lenders have no significant number of shares in Radient. If they did, they would file form 13's. The lenders would file the form 13's, not Radient and the lenders are very, very careful about remaining current with SEC rules.
I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.
