Mustang, I think there was just some confusion over the R/S that was authorized. Tons of people never read SEC filings at all.
You are being bold holding on to the end with this stock but that is up to you.
It is not going to be clear what the Aussies intend to do because they have no intention of communicating with current shareholders.
You can be assured that the Aussies asked Mac to request revocation of the registration. Mac's other companies that have gone broke have just been allowed to go zombie so he would have done the same with Radient.
Also, the Aussies have to know that DR70 is a poor selling product because Radient's last 10k stated that the Aussies private company did not meet the contractually required sales to maintain the contract so I don't think they intend to reorganize this company.
From the recently filed 8k, Radient is still selling some DR70 kits in SE Asia and the 2011 10k reported about $300,000 in kit sales. Maybe the Aussies think they can take the equipment and antibody to Australia and use their own private company to continue those sales
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.
