Radient Pharmaceuticals Corporation fka RXPC

[Gold Seeker]

Wolfie, you seem to not understand the reasons behind the name change.

If you had following the stock prior to 2009, you would have noted that Radient had it's first profitable quarter. It was not from selling DR70 where sales have always been poor, it was money that arrived from sales of other products at Jade.

During a conference call by the CEO in 2008, it was announced that DR70 would be moved to a new subsidiary called AMDL diagnostics. The purpose of this move was to spin off DR70 and sell it for whatever they could get. Radient had decided to become a Chinese Pharma. DR70 was FDA cleared to monitor CRC and yet in mid 2009, not one single company was interested in licensing DR70. No one wanted to buy the subsidiary.

Well, none of that worked out. Mac took over and immediately made the Chinese angry by selling off some of their assets and the Chinese SFDA rejected the approval of DR70. Supposedly, Jade was told that once DR70 got FDA approval and SFDA approval in China, money would be coming in hand over fist. None of that happened and Jade figured out they had been scammed. Sales of DR70 floundered. Jade revolted and refused to send any more profits to AMDL.

Mac made an agreement with Jade where all the controlling shares in Jade were transferred into non voting preferred shares and Jade promised to send Radient some needed cash. Jade never sent any.

All Mac had left was DR70 which he knew was almost worthless and CIT. Mac decided to go for the hype. He changed the name of the company and renamed DR70 hoping those familiar with the past would not recognize Onko Sure as the forever failing DR70. He got Bhatia to announce CIT was going into trials in India.

Name changes do wonders. Do you remember Value Jet who put the plane in the swamp from carrying unauthorized oxygen generating canisters to save a few hazardous waste fees by sending them to Georgia? A huge number of people refused to fly Value Jet anymore. So what did the management at Value Jet do? They changed the name to Air Tran and life went on with most people none the wiser.

Mac made some money out of the name change and scammed a lot of people with lies and padded his wallet but all that time, he knew that DR70 would NEVER be successful. Mac did his job well. He got people like you and DCSpka to buy the stock. He scammed lenders while constantly inflating future sales numbers and telling lie after lie.

You have been scammed. It is just that simple.