Living, I know 3 of the 4 in management are living in Australia and I suspect the 4th is also. I doubt this company will ever run again in the USA. Do they keep doing what Mac was doing and have the former employees manufacture DR70? That's possible but they were also processing old antibody to get enough to make the tests. Mac Hired a consultant to do that and it probably would be beyond the scope of the employees no assembling tests.
I think they will just move all the equipment and supplies to Australia. They could sell the equipment for a song to their private company and just shut down Radient.
That is the cheapest thing to do. Chapter 11 would need money and their would be no point in that. The patents will have expired so Radient has nothing to offer. Why give anything to the lenders or current shareholders?
This stock will never be reorganized nor will it ever trade again. All of the fantasy about large stockholders is just a creation of a few posters. These guys from AMDL Australia have no shares either. In any case, the current shareholders get NOTHING.
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.
