Radient Pharmaceuticals Corporation fka RXPC

[guardiangel]

One more thing..When they do decide to get together and takeover Radient...Guess what? They don't have to file Schedule 13 D's..Why? Because we are a private concern owned by Hedgies and Creeping Takeover Group..And NO SEC REGULATIONS, which means when the Creeping Takeover group takes over the private Radient ..They can then reinstate the Delaware Corporation and get the RXPC shares back on the market..imo Wolf

guardiangel Thursday, 09/11/14 01:38:56 PM
Re: GetSeriousOK post# 25049
Post # of 25050
I agree with GetSeriouLS 100 per cent..You are absolutely correct in your analysis..What the rules state is when each individual in the group unanimously decide to takeover Radient all they have to do at that time is file Schedule 13 D's..Good point..Wolf

GetLS

"A group of RXPC Shareholders planning a takeover could not circumvent this rule by limiting each group member's holdings to only 4.99% of the voting class. They would constitute a "group of persons" in the eyes of the SEC and would have to file Schedule 13D's."