Radient Pharmaceuticals Corporation fka RXPC

[Gold Seeker]

I still have never heard authorized but unregistered future shares being referred as a shelf. The shares do not even exist yet so how could they be put on a shelf?

I have heard of a shelf registration where some of the authorization is actually registered for sale but not issued to anyone and those shares being placed on a "shelf".

Anyway, I did find a plausible reason why the new BOD would want the revocation prior to them taking over. It is apparently considered a bad mark for your bio if the sec ever sends a notice to those in charge of a company.

Even with that, it still does not explain why they would cut off all methods of communications with everyone including current shareholders. There is totally ZERO reason for that.

Also, one more question. Why do you think this company would ever have any value? You spoke of a shell. What purpose would they have for a shell which would cost up to a possible $25 million or more and it would just be a private company.