Radient Pharmaceuticals Corporation fka RXPC

[Gold Seeker]

More comments.

3. The submission of the settlement to the SEC was done by Mac and not the Aussies.

Answer: We know it was requested and not as a result of a notification from the SEC. Reason: There is no notification on file of any notice having been sent by the SEC and there are indeed TONS of other notices sent to other companies with threats of revocation.

So, why would Mac, just out of the blue, request revocation?

Answer: It was not Mac's idea. It was the Aussies asking Mac to submit the settlement form. They did not want any obligation to submit past financial reports nor future ones. They could ship all of the assets to Australia and not have to report it.

Are the lenders going to fight for the assets? They could get them if they wanted but it would cost them legal fees to do so. IMO, the legal fees would cost more than the assets are worth.