Radient Pharmaceuticals Corporation fka RXPC

[Gold Seeker]

DC stated: "
Its much better to keep the maximum permitted shares and work with the Takeover Group to get their money back later. "

Dcspka, you have that entirely WRONG.


Answer this. Which is better in bankruptcy court. To have stock or to hold notes?

Anyone with investment savvy would answer "notes" because stock get cancelled in bankruptcy. Also, as part of the agreements, the lenders to preferred shares but if you actually read the agreement, you would have seen that at the end of November 2012, those shares were automatically redeemable back to notes.


The lenders own no shares, they just hold notes.

None of what you say makes any sense whatsoever. William Gartner would never get his hands dirty even touching Radient stock. As a matter of fact, any rumor about Gartner using investor money to buy Radient would absolutely kill any investor deal into GCDx. That was a very good point made by LS and I also agree with him that most of this stock is probably owned by etrade gamblers.