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Re: Gold Seeker post# 23036

Sunday, 06/01/2014 12:52:38 AM

Sunday, June 01, 2014 12:52:38 AM

Post# of 30046
The resident longs here claim there are large holders of the stock.

Does that make sense?

Answer: NO

The lenders do not own any stock of any significance at all. There are no current filings indicating that and if they did, it would be STUPID on their part. Would they be buying stock or even owning stock to take over the company?

Answer: Definitely NOT.

If they wanted to own Radient, they just foreclose and it is theirs, lock, stock and barrel.

Would any other organizations be buying the stock when the threat of foreclosure is HUGE?

Answer: Absolutely NOT.

Anyone could buy all the stock they want and it does not give them any ownership unless the debts are paid off. So would
ANYONE ever buy stock in Radient in an attempt to "takeover"?

Answer: NO

You approach Mac and say, "we would like to takeover Radient". "We will provide DIP financing and purchase stock in the "new" company to exit chapter 11. We will negotiate with the lenders to also take stock for their notes. In exchange, we will pay you some severance pay and you name us as the new BOD.

Response, If Mac thought the company had any value to anyone else, he would not just have walked away. He would have wanted some money.

No one is taking over this company because:

1. Mac just walked away.

2. The product has NEVER had significant sales.

3. The patents are almost gone. (two days to go)

4. You would never buy any stock in this company because it would just be cheaper to take the money and flush it down the toilet. If you indeed flushed the money, at least it wouldn't cost you more money down the road.




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.

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